With Christmas sales having been lower than expected and the global economy in a never ending state of flux, it’s no surprise to learn that Nintendo’s stock prices have slipped over the last five months. According to Kantan Games CEO Dr. Serkan Toto (source: XCancel), Nintendo stock has dropped around 33% since August 2025. During the summer, stock prices closed at an all-time high of ¥14,795, while prices yesterday closed at ¥9,950. Talk about a downturn.
Following an explosive launch in June 2025, the Nintendo Switch 2 may have broken records at the start, but has recently begun to struggle amidst uncertainty in the marketplace. Toto reckons that investors are “spooked” by the possibility of a price increase for the hardware, not to mention the lack of any first-party game announcements. Investors were also seemingly surprised there were no discount bundles available for the holiday season, though that seems a little silly considering the console is just six months old.
While the news is likely disappointing for Nintendo, I do believe it’s only temporary. Nintendo usually holds a Direct presentation in February, and we’re bound to learn about new games for 2026 in a couple of weeks. I’m not sure if we can expect a new Mario or Zelda game so soon, but Nintendo isn’t going to simply launch a console and not support it with something. Pokémon Pokopia might not be a sleeper hit waiting to happen, but a brand-new F-Zero or regular Pokémon installment sure would do numbers.
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Written by Peter Glagowski
Peter has been a freelance gaming and film critic for over seven years. His passion for Nintendo is only matched by the size of his collection.
