EA Stock Hits Record High as $55 Billion Take‑Private Deal Remains Pending

Overview

• EA shares climbed to an all-time high of about $205.96 on July 2, 2026, trading near that peak as investors priced in the takeover.
• A consortium led by Saudi Arabia’s Public Investment Fund with Silver Lake and Affinity Partners agreed to buy EA for $55 billion, and the acquisition has not yet closed.
• Reports say JPMorgan has arranged roughly $20 billion in financing for the deal, a structure that would make the buyout the largest leveraged buyout on record if completed.
• EA posted roughly $8.0 billion in net bookings and about $2.55–$2.6 billion in operating cash flow for fiscal 2026, results buyers point to in defending the premium price even as Q4 showed some softness.
• Investors and analysts have repositioned ahead of closing—some funds sold stakes to lock gains and firms such as Citi and Argus adjusted targets and ratings—leaving financing and the timing of completion as the main near-term risks to watch.