But it'll be harder.Įpic Games was founded in 1991 and has steadily released and published games for both consoles and PCs ever since. That doesn't mean you can't make any money from their success. This is a privately traded company, so you can't go out and buy their stock. However, the problem for investors is that Epic Games has never gone to an initial public offering (IPO). That's excellent for any company, but it's particularly good for the volatile video game industry. That, combined with a series of 2022 investments, puts the company at a roughly $32 billion valuation. Epic has always been a well-known success story, but court documents revealed annual earnings of $4 billion to $5 billion. While investors have always had their eye on the North Carolina-based company, their interest really peaked when Epic sued Apple for alleged antitrust violations. That kind of player base can mean real money. If Epic Games were to announce that it would go public, it could likely trade under the stock symbol “EPCG” or “EGME”.Ī perfect stock symbol would have been “EPIC” but that is a stock of the Epic Corporation Common Stock, which is not affiliated to Epic Games.Do you have questions about how to build your own investment portfolio? Speak with a financial advisor.Įpic Games has logged some of the largest active player counts of any game online, pulling in more than 78 million people at the same time on the day that Fortnite came out for the Nintendo Switch. “Epic is always monitoring the market and is prepared to consider opportunities as they arise, but right now we are focused on investing in our business, executing against our opportunities, and delivering value to our investors.” What is Stock Symbol for Epic Games? “It's fairly common for companies of our size to hire people to help broaden and deepen relationships with existing investors and build new relationships,” the spokesperson said. However, a spokesperson told GameSpot the Fortnite and Unreal Engine creator is concentrating on other things at the moment. The IPO valued Unity at $13.7bn but Unity's share price has surged in recent months, with Unity now valued at $35bn. Not too surprising tbh - Daniel Ahmad February 5, 2021Īn IPO is an initial public offering, essentially a process in which a company will open up its shares to be bought by the public on a stock exchange – transforming the company from a privately held one to a public company.Įpic's main rival in the game engine space – Unity Technologies – went public in June 2020. Seems like Epic Games IPO won't be too far off. However, Epic Games is not currently available to purchase on the stock market since the company is private and not tradable. That makes it an appealing investment for those who want to buy Epic Games stock and options in 2022. Can You Buy Epic Games Stock or Options?Įpic's Fortnite has more than 350 million registered players, the game developer announced recently. There have been no public announcements that Epic Games will be publicly traded in 2022. Tencent Holdings (TCEHY) holds the other percentage of the company which was purchased in 2012. The founder and CEO of the company, Tim Sweeney, owns more than 50% of Epic Games. Is Epic Games a Publicly Traded Company?Īs of April 2022, Epic Games is not a publicly-traded company and is a private company. Through Unreal Engine, Epic Games Store, and Epic Online Services, Epic provides an end-to-end digital ecosystem for developers and creators to build, distribute, and operate games and other content. Today, Epic is a leading interactive entertainment company and provider of 3D engine technology.Įpic 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. So who really owns Fortnite? Tim Sweeney is the CEO and founder of Epic Games, the company that brought the world “Fortnite.” Rachel Luna / Getty ImagesĮpic Games operates Fortnite, one of the world’s largest games with over 350 million accounts and 2.5 billion friend connections.įounded in 1991, Epic Games is an American company is headquartered in Cary, North Carolina and has more than 40 offices worldwide. A lot questions arise such as does Elon Musk own Fortnite or does China own Fortnite? There is a lot of confusion around who owns Epic Games.
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