After multiple leaks, Nintendo finally revealed its Nintendo Switch 2 in a video trailer. It confirms its larger build, design, and some key aspects of the joy-cons. Following the reveal, Nintendo’s stock price reached its highest level in 52 weeks, especially after the confirmation that this is the console’s true name. This has been a special joy for investors.
Investors Are Excited with Nintendo Switch 2 Reveal
Nintendo revealed the console to the world accompanied by a new game. Unfortunately, the company did not share the new game’s specifications, price, date, details, or name. There is no info about the new C button on the Joy-cons. Furthermore, the company didn’t even mention the functionality of using the controller as a PC mouse.
Nintendo’s goal with the reveal video was to simply show the world the console’s design. It confirms some of the features in the Joy-Cons that connect by magnet and, perhaps most importantly, officially confirms the name of the new console.
For investors, this was more than enough. Nintendo’s stock value on the New York Stock Exchange rose to $15.77 per share. It is the best price since 2023. According to Serkan Toto, CEO of Kantan Games, investors were pleased to see that the leaks were true—Nintendo Switch 2 is indeed the name, and the design is conservative. Nintendo is playing safe to keep things familiar.
“Investors were worried about another Wii U situation, where Nintendo tries to experiment and innovate too much but misses what players want,” Toto told VGC. “So, there’s some relief in the financial community about the Switch 2. For this console transition, investors were expecting an approach more like the iPhone, and Nintendo delivered in that regard.”
However, like much of the fanbase, Toto feels that the reveal was heavily impacted by the leaks. Even without that, the lack of details like specifications, pricing, or a release date made the announcement less impactful compared to what Nintendo did for the original Switch in 2016.
