How to buy Epic Games stock
Epic is a leading interactive entertainment company and provider of 3D engine technology. Epic also develops Unreal Engine, which powers the world’s leading games and is also adopted across industries such as film and television, architecture, automotive, manufacturing, and simulation.
Many gamers and investors want to own a piece of Epic Games because the company makes and markets Hitman, and Fortnite, one of the world’s most popular and fastest-growing lnmassive multiplayer online games (MMOGs). Fortnite had 400 million players in 2022, a ten-fold increase from 30 million in December 2017.
Is Epic Games publicly traded stock?
Epic Games currently has no defined stock price because it is not publicly listed on any stock exchange. This means as an independent retail investor; you will not be able to buy stock in Epic Games through a stock exchange or brokerage account. You will need to invest in the companies that own Epic Games stock.
How can you buy into Epic Games stock?
Investors can buy into Epic Games by buying Tencent Holdings stock. Tencent Holdings is a multinational Chinese conglomerate that observers consider the world’s largest video game company.
If you are looking for another video games stock available to invest in, check out Unity, Electronic Arts or Activision Blizzard stock.
The founder and CEO of the company, Tim Sweeney, owns more than 50% of Epic Games. Tencent, the world’s largest video game company, owns around 40% of Epic Games. If the company continues spending aggressively to reach its goal of creating the metaverse, its likely Epic Games will have to tap public markets in the years to come. If Epic Games were to announce that it would go public, it could likely trade under the stock symbol “EPCG” or “EGME”.
Should you invest in Epic Games?
Epic makes money by selling a wide variety of games through its website. They charge a commission on the outside titles it sells and makes more money from its titles. They also make money by letting people play its MMOGs for free. Players who want more weapons and paraphernalia buy that stuff from Epic.
Games are now the world’s most popular entertainment product. Epic is well-positioned to tap that market through its partnership with Tencent Holdings.
As of April 2021, Epic Games was valued at $28 billion. Epic’s main rival in the game engine space, Unity Technologies, currently valued at $35bn.
