Gamers may see successful launches like Pokémon Pokopia and Donkey Kong Bananza and assume the Nintendo Switch 2 is thriving. However, Nintendo’s stock prices tell a different story, revealing mounting pressure from shareholders to raise the console’s price.

According to a Bloomberg report, Nintendo is under intense scrutiny as its stock prices have declined for six consecutive months—the longest negative streak since 2016.

Why Nintendo May Raise the Switch 2’s Price

"Nintendo investors are concerned that the $450 Switch 2 is deeply unprofitable," said Bloomberg’s Takashi Mochizuki and Alice French. "US tech giants are buying up the world’s supply of key components like memory, while trade disruptions from the Middle East war are affecting the cost of shipping and even basic materials like plastics. Japanese peers like Capcom, Koei Tecmo, and indeed Sony are also under pressure."

Sony’s recent announcement of PS5 price increases has set a precedent that many believe Nintendo will follow. However, analysts warn that a price hike—particularly a $50 increase in the US—could be a tough sell amid widespread economic struggles.

Nintendo’s quarterly earnings report, scheduled for this Friday, may provide clarity on whether a price adjustment is imminent.

Analysts Warn Against a Price Hike

"I think they would be foolish to raise prices," said analyst Michael Pachter. "The consumer is hurting—people are paying more for gasoline and food, and when prices go up, entertainment budgets are one of the first things to go."

With the Switch 2 celebrating its first anniversary next month, a price increase before that milestone could backfire, especially as Nintendo’s 2026 release schedule remains uncertain beyond Splatoon Raiders in July.

The Bigger Picture: Rising Costs in Gaming

In an increasingly volatile global economy, rising game prices are making gaming less accessible. With inflation and supply chain disruptions persisting, the financial strain on consumers continues to grow.