How Can I Buy Epic Games Stock Today
HAVE YOU HEARD OF EPIC GAMES?
Epic Games is one of the more notable names when it comes to the U.S. video game industry. Primarily, it is known for being the developer of Fortnite, which still has a huge player base in spite of its recent issues. However, Epic Games has also launched its own digital storefront called the Epic Games Store. As such, there are a lot of people out there with an interest in Epic Games stock, particularly if they are prepared to bet that the company's Fortnite-funded war-chest will enable it to turn the Epic Games Store into a true rival of the better-established Steam.
What Is One Reason Why You Would Want to Invest in Epic Games?
For those who are unfamiliar, Fortnite is one of those games that can bring in billions of dollars on an annual basis. This held true in 2020 with an annual revenue of $2.504 billion. Something that is particularly remarkable because Fortnite was removed from both Apple and Google's app stores in August because of ongoing legal disputes. There is no guarantee that Epic Games will be able to create another game capable of generating such numbers in the times to come because such games are very much the exception rather than the rule. However, it seems safe to say that Fortnite itself will remain very lucrative for the next while.
What Is Another Reason Why You Would Want to Invest in Epic Games?
In any case, Epic Games has made the interesting choice to sink some of its earnings into a separate line of business, which would be its digital storefront called the Epic Games Store. Currently, Steam remains the dominant player in said market. Still, it is by no means unchallenged because there are a number of major competitors as well as minor competitors. Epic Games has managed to turn the Epic Games Store into one of these major competitors through Fortnite-funded spending. The issue is that there will come a time when the digital storefront has to stand on its own. For now, it seems unlikely that the Epic Games Store will be capable of doing so because it is still lacking important features that consumers have come to expect because of other digital storefront. However, if Epic Games can improve it to the point that it can stand on its own, it could prove to be another lucrative source of earnings. Theoretically, digital storefronts might be replaced by cloud gaming at some point. So far, there is no indication of that happening.
How Can You Invest in Epic Games?
Unfortunately, there is no way for most people to invest in Epic Games stock right now. Those who are curious should know that it is a privately-held company rather than a publicly-traded company. Tencent managed to buy a 40 percent ownership stake but most people can't compare with the resources that a tech mega-corporation can bring to bear. For that matter, the founder Tim Sweeney remains very much in charge, seeing as how he has a bigger than 50 percent ownership stake. There are no indications that Epic Games is interested in an IPO. As such, if people want to invest in the company in even an indirect sense, they would presumably have to invest in Tencent stock. Said company is traded on the Hong Kong Stock Exchange, so that is an option for people who don't mind dealing with the additional complexities that come from investing in international stocks.