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Need For Returns: Ditch Electronic Arts Stock For Take-Two Interactive?
Forbes· 2024-09-09 10:00
This illustration photo created in Los Angeles, California, on December 5, 2023, shows Rockstar ... [+] Games' Grand Theft Auto 6 trailer played on computer screens. The first trailer for "Grand Theft Auto VI" was officially released ahead of schedule December 4, 2023 due to a leak, touting a 2025 release for the next chapter of the massively successful video game franchise. (Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images Given its better prospects, we believe ...
Is Take-Two (TTWO) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-09-06 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Take-Two Interactive (TTWO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Take-Two currently ...
Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
MarketBeat· 2024-09-06 12:38
Take-Two Interactive NASDAQ: TTWO makes some of the most important and best-selling video games on the market, but the company's return over the past five years would leave investors wanting to play a game other than the stock market. Take-Two Interactive Software Today TTWO Take-Two Interactive Software $157.06 -0.98 (-0.62%) 52-Week Range $130.34 ▼ $171.59 Price Target $183.55 Add to Watchlist With a paltry total return of 20%, the company has greatly underperformed in the communication services sector. T ...
Take-Two's (TTWO) Mafia: The Old Country to Release in 2025
ZACKS· 2024-08-21 15:35
Take-Two Interactive Software (TTWO) and Hangar 13 have officially unveiled Mafia: The Old Country, a new addition to the highly praised action-adventure series. The game is set to release in 2025 and will be available on PlayStation5, Xbox Series X|S and PC via Steam. More details of the game will be revealed in December 2024. The announcement was accompanied by a captivating teaser trailer that set the tone for the game. Mafia: The Old Country promises to explore the origins of organized crime through a g ...
Brokers Suggest Investing in Take-Two (TTWO): Read This Before Placing a Bet
ZACKS· 2024-08-21 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Take-Two Interactive (TTWO) . Take-Two currently has an average brokerage ...
It's Time to Take a Second Look at Take-Two Interactive Stock
MarketBeat· 2024-08-12 13:52
Take-Two Interactive Software NASDAQ: TTWO is not out of the weeds, but its outlook has grabbed the attention of analysts, who are now driving the consensus estimate to new highs. Takeaways from the FQ1 2025 include mixed results with widening losses offset by a slate of recent releases and the company's most ambitious pipeline in history. The pipeline includes eight major releases and updates, including new versions of flagship games and expanded access to existing ones. At least five games are on track fo ...
Take-Two's Pipeline of New Games and GTA VI Drive Optimism, Analysts Say
Benzinga· 2024-08-09 18:32
Take-Two Interactive Software, Inc TTWO stock is trading higher after the company reported mixed fiscal first-quarter 2025 financial results Thursday. The results came during an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Eric Sheridan maintained a Buy rating on Take-Two with a price target of $186, up from $170. Wedbush analyst Nick McKay reiterated Take-Two with an Outperform and a $190 price target. Stifel analyst Drew Crum maintained a Buy rating on Take-Two with ...
'Grand Theft Auto' Maker Take-Two Interactive Stock Rises on Bookings
Investopedia· 2024-08-09 15:41
Key Takeaways Take-Two Interactive Software beat first-quarter fiscal 2025 profit and sales estimates as net bookings increased. CEO Strauss Zelnick said the videogame maker sees sequential increases in net bookings in the fiscal years 2026 and 2027. The company did not report an exact release date for the much-anticipated "Grand Theft Auto VI" game, although it did say it would occur in "Fall 2025." Take-Two Interactive Software (TTWO) shares advanced Friday, a day after the videogame maker posted better-t ...
Take-Two Interactive has analysts bullish on Grand Theft Auto 6 potential
Proactiveinvestors NA· 2024-08-09 15:11
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
What's Going On With Take-Two Interactive (TTWO) Stock Today?
Investor Place· 2024-08-09 15:03
Shares of Take-Two Interactive (NASDAQ:TTWO) stock are in the green after the video game holding company reported its first-quarter earnings for fiscal year 2025. Take-Two's revenue grew by 4% to $1.34 billion, just barely beating the analyst estimate for $1.33 billion. Its adjusted EPS tallied in at five cents, ahead of the estimate for two cents. On a GAAP basis, the company reported a net loss of $262 million compared to a loss of $206 million a year ago. Furthermore, Take-Two's net bookings grew by 1% t ...