• Video game stocks are surging in 2025, fueled by highly anticipated releases like Grand Theft Auto 6 and the Nintendo Switch 2. The Global X Video Games & Esports ETF has gained 12% year-to-date, outperforming the S&P 500’s 3% return. Nintendo’s U.S.-listed shares have jumped 23%, driven by excitement over its next-generation console launch later this year. Analysts expect strong demand, with Nintendo estimating software sales to hit 190 million units in fiscal 2025 and 272 million by 2029. Meanwhile, Take-Two Interactive has rallied 16% to record highs after reaffirming GTA 6’s Fall 2025 release, with analysts projecting lifetime sales of 250 million units.

• China-based NetEase has also seen strong gains, thanks to its popular Marvel Rivals game. NDR analysts, who recommended video game stocks last year, see continued upside as new releases drive industry growth. In contrast, traditional media companies like Warner Bros. Discovery, Disney, and Paramount Global continue to struggle, with their stocks underperforming. As gaming demand rebounds, analysts believe 2025 will mark a turning point for the sector, with blockbuster titles and hardware launches fueling a sustained rally.