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NASDAQ:TTWO

Take-Two Interactive Software (TTWO) Stock Price, News & Analysis

$164.77
-0.90 (-0.54%)
(As of 06/7/2024 ET)
Today's Range
$164.65
$166.43
50-Day Range
$139.96
$167.43
52-Week Range
$130.34
$171.59
Volume
1.50 million shs
Average Volume
1.97 million shs
Market Capitalization
$28.24 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$178.09

Take-Two Interactive Software MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
8.1% Upside
$178.09 Price Target
Short Interest
Healthy
4.32% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.51
Upright™ Environmental Score
News Sentiment
1.02mentions of Take-Two Interactive Software in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$13.91 M Sold Last Quarter
Proj. Earnings Growth
443.48%
From $0.92 to $5.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

Consumer Discretionary Sector

66th out of 258 stocks

Prepackaged Software Industry

46th out of 193 stocks

TTWO stock logo

About Take-Two Interactive Software Stock (NASDAQ:TTWO)

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names. The company also publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier's Civilization, XCOM series, Borderlands, and Tiny Tina's Wonderland. In addition, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; and PGA TOUR 2K. Further, the company offers Kerbal Space Program, OlliOlli World, and The Outer Worlds and Ancestors: The Humankind Odyssey; free-to-play mobile games, such as CSR Racing, Dragon City, Empires & Puzzles, FarmVille, Golf Rival, Harry Potter: Puzzles & Spells, Merge Dragons, Merge Magic, Monster Legends, Toon Blast, Top Eleven, Toy Blast, Two Dots, Words With Friends, and Zynga Poker; and a volume of mobile titles, including Fill the Fridge!, Parking Jam 3D, Pressure Washing Run, and Pull the Pin. Its products are designed for console gaming systems; personal computers; and mobiles comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York.

TTWO Stock Price History

TTWO Stock News Headlines

Take-Two Interactive Software Offers 2nd Chance for Investors
Take-Two Interactive Software (NASDAQ: TTWO) turned a corner in 2022, which resulted in a 60% upswing in the stock price. The growth outlook is intact, but the Q4 results and 2025 guidance have reset the market.
Sid Meier's Civilization® VII Coming In 2025
See More Headlines
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Company Calendar

Last Earnings
5/16/2024
Today
6/09/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Home Entertainment Software
Current Symbol
NASDAQ:TTWO
CUSIP
87405410
Employees
12,371
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$178.09
High Stock Price Target
$200.00
Low Stock Price Target
$147.00
Potential Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
23 Analysts

Profitability

Net Income
$-3,744,200,000.00
Pretax Margin
-69.22%

Debt

Sales & Book Value

Annual Sales
$5.35 billion
Cash Flow
$25.47 per share
Book Value
$33.23 per share

Miscellaneous

Free Float
169,037,000
Market Cap
$28.24 billion
Optionable
Optionable
Beta
0.84

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Should I Buy Take-Two Interactive Software Stock? TTWO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Take-Two Interactive Software, Inc.:

  • Take-Two Interactive Software has a diverse portfolio of popular gaming franchises like Grand Theft Auto, Red Dead Redemption, and NBA 2K, which have a strong and loyal fan base.
  • The company has shown resilience in the face of market challenges, with a history of successful game launches and consistent revenue generation.
  • Positive return on equity indicates that the company is efficiently utilizing shareholder funds to generate profits.
  • Despite recent fluctuations, the stock price has shown overall growth potential, making it an attractive option for long-term investors.
  • Take-Two Interactive Software's innovative approach to game development and strong market positioning provide a competitive edge in the industry.

Cons

Investors should be bearish about investing in Take-Two Interactive Software, Inc. for these reasons:

  • The company's recent earnings report showed a significant miss on EPS, indicating potential challenges in meeting financial expectations.
  • Negative net margin suggests that the company's profitability is under pressure, which could impact future earnings and stock performance.
  • Declining quarterly revenue year-over-year raises concerns about the company's ability to sustain growth in a competitive market.
  • Insider selling activity, as evidenced by the president's recent stock sale, may signal lack of confidence in the company's future prospects.
  • Analysts' consensus estimates for future earnings are relatively modest, indicating limited short-term growth potential for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 6, 2024. Please send any questions or comments about these Take-Two Interactive Software pros and cons to contact@marketbeat.com.

TTWO Stock Analysis - Frequently Asked Questions

Should I buy or sell Take-Two Interactive Software stock right now?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Take-Two Interactive Software in the last year. There are currently 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TTWO shares.
View TTWO analyst ratings
or view top-rated stocks.

What is Take-Two Interactive Software's stock price target for 2024?

23 brokers have issued twelve-month price objectives for Take-Two Interactive Software's stock. Their TTWO share price targets range from $147.00 to $200.00. On average, they predict the company's share price to reach $178.09 in the next year. This suggests a possible upside of 8.1% from the stock's current price.
View analysts price targets for TTWO
or view top-rated stocks among Wall Street analysts.

How have TTWO shares performed in 2024?

Take-Two Interactive Software's stock was trading at $160.95 on January 1st, 2024. Since then, TTWO stock has increased by 2.4% and is now trading at $164.77.
View the best growth stocks for 2024 here
.

When is Take-Two Interactive Software's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our TTWO earnings forecast
.

How were Take-Two Interactive Software's earnings last quarter?

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announced its quarterly earnings data on Thursday, May, 16th. The company reported ($17.02) earnings per share for the quarter, missing the consensus estimate of $0.07 by $17.09. The firm earned $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. Take-Two Interactive Software had a positive trailing twelve-month return on equity of 2.19% and a negative net margin of 69.99%. Take-Two Interactive Software's revenue for the quarter was down 3.2% on a year-over-year basis. During the same period last year, the business earned $0.47 EPS.
Read the conference call transcript
.

What guidance has Take-Two Interactive Software issued on next quarter's earnings?

Take-Two Interactive Software issued an update on its FY 2025 earnings guidance on Thursday, May, 16th. The company provided earnings per share (EPS) guidance of 2.340-2.590 for the period, compared to the consensus EPS estimate of 5.960. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $6.9 billion.

What is Strauss Zelnick's approval rating as Take-Two Interactive Software's CEO?

34 employees have rated Take-Two Interactive Software Chief Executive Officer Strauss Zelnick on Glassdoor.com. Strauss Zelnick has an approval rating of 99% among the company's employees. This puts Strauss Zelnick in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Take-Two Interactive Software own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Take-Two Interactive Software investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Netflix (NFLX), PayPal (PYPL), Walt Disney (DIS), Salesforce (CRM), Activision Blizzard (ATVI), Block (SQ) and Micron Technology (MU).

Who are Take-Two Interactive Software's major shareholders?

Take-Two Interactive Software's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.09%), Capital World Investors (4.24%), Capital International Investors (3.39%), Boston Partners (1.57%), Bessemer Group Inc. (1.17%) and 1832 Asset Management L.P. (0.63%). Insiders that own company stock include Daniel P Emerson, Jon J Moses, Karl Slatoff, Lainie Goldstein, Laverne Evans Srinivasan, Michael Sheresky and Strauss Zelnick.
View institutional ownership trends
.

How do I buy shares of Take-Two Interactive Software?

Shares of TTWO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Take-Two Interactive Software have any subsidiaries?
The following companies are subsidiares of Take-Two Interactive Software: Playdots, and Social Point.
Read More
This page (NASDAQ:TTWO) was last updated on 6/9/2024 by MarketBeat.com Staff

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