In recent months, Epic Games has consistently ranked among the top five most sought-after companies on Launchbay.
In recent months, Epic Games has consistently ranked among the top five most sought-after companies on Launchbay. As of May 1, 2024, investors looking to buy Epic Games shares have seen a remarkable 26% increase in stock value year-over-year, despite tough market conditions and only moderate revenue growth from Epic’s main operations.
Why Buy Epic Games Shares? Insight into Investor Confidence
Closing 2023 with $3.6 billion in revenue—a modest 1% growth from the previous year—Epic Games still managed to outperform the global gaming market's growth, which stood at just 0.6%. This data is according to Newzoo, a leading market analysis firm.
Despite challenges in mobile gaming due to stricter privacy regulations by Apple and Google, the enthusiasm to buy Epic Games shares remains high. Investors are particularly encouraged by Epic’s strategic partnerships with industry giants like Lego and Disney. These partnerships have unlocked significant long-term growth potential, with the Lego collaboration alone bringing in $75 million in revenue last year.
Strategic Moves Bolstering Reasons to Buy Epic Games Shares
In a significant development, Disney invested $1.5 billion in Epic Games in February, reinforcing the long-term vision for an extensive gaming and entertainment universe centered around Fortnite. This move highlights why buying Epic Games shares could be a wise decision.
Moreover, Epic Games is at the forefront of incorporating generative AI into gaming, signaling a transformative era in the industry. At the recent Game Developers Conference in San Francisco, Epic announced that game developers could integrate Lego-branded assets into their games as part of the "Creator Economy 2.0" initiative. This initiative enhances the appeal of Fortnite and broadens the scope for user-generated content, further solidifying the case to buy Epic Games shares.
Record Engagement and User Growth: More Reasons to Buy Epic Games Shares
The Epic Games Store saw record engagement in 2023, with 804 million cross-platform accounts (up 11% year-over-year) and 75 million monthly active users (a 10% increase from the previous year). Such robust growth underscores the strong market position of Epic Games.
How to Buy Epic Games Shares?
Accredited investors interested in buying Epic Games shares can leverage the Launchbay platform, which offers the ability to trade Epic Games shares along with access to reliable secondary market data, including pricing history, company fundamentals, and liquidity scoring. Register today to tap into the potential of Epic Games, a leader in the evolving gaming landscape.