Take-Two Interactive Software, Inc. (TTWO)
234.66 USD +7.92 (+3.49%) Volume: 2.19M
Take-Two Interactive Software, Inc.’s stock price has soared to a noteworthy 234.66 USD, marking a positive trading session change of +3.49%. The digital entertainment giant, with a robust trading volume of 2.19M, continues to impress investors with a year-to-date percentage change of +27.48%, further solidifying its strong market position.
Latest developments on Take-Two Interactive Software, Inc.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has seen a surge in stock performance amidst a series of key events. Strong Q4 earnings were driven by the success of ‘GTA Online’ and ‘NBA 2K’, prompting a price target raise by Morgan Stanley. Despite negative EPS and game release date changes, the company continues to outperform competitors, attracting investments from firms like Hudson Bay Capital Management LP and ProShare Advisors LLC. While some shareholders, like Rafferty Asset Management LLC and Maytus Capital Management LLC, have sold off shares, others, such as Lighthouse Investment Partners LLC and Cetera Investment Advisers, have increased their positions. The stock price movements have been closely watched by investors, with UBS also raising the price target for Take-Two Interactive, emphasizing its potential for growth in the video game industry.
Take-Two Interactive Software, Inc. on Smartkarma
Analysts at Baptista Research on Smartkarma have provided bullish insights on Take Two Interactive Software, Inc. The latest financial earnings reports for the company show a balanced outlook on its operations and future growth prospects. Take-Two Interactive reported net bookings of $1.37 billion for the third quarter of fiscal 2025, in line with its guidance range. Despite some moderation in mobile franchises, significant strength was noted in NBA 2K, helping the company meet expectations and capture opportunities within the mobile sphere.
Furthermore, Baptista Research analysts on Smartkarma highlight Take-Two Interactive Software’s expansion in the mobile gaming sector as a pivotal growth engine. The company’s robust performance in the second quarter of fiscal year 2025, with net bookings of $1.47 billion aligning with the higher end of its guidance range, was driven by the continued success of key franchises like Grand Theft Auto and Borderlands. This positive outlook underscores the company’s potential for growth and success in the competitive gaming industry.
A look at Take-Two Interactive Software, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Take Two Interactive Software, Inc. has a mixed outlook according to Smartkarma Smart Scores. While the company scores well in terms of momentum with a score of 4, indicating strong performance in the market, its value, dividend, growth, and resilience scores are more moderate. This suggests that while Take Two Interactive Software, Inc. is currently experiencing positive momentum, investors may want to consider other factors before making investment decisions.
Take Two Interactive Software, Inc. is a company that develops, markets, distributes, and publishes interactive entertainment software games and accessories. Its products cater to a wide range of gaming platforms and are available through various distribution channels. With a mixed outlook based on Smartkarma Smart Scores, investors may want to carefully evaluate the company’s overall performance and potential for growth before making any investment decisions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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