NASDAQ:TTWO

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

$142.21
+0.49 (+0.35%)
(As of 11:33 AM ET)
Today's Range
$140.82
$142.47
50-Day Range
$139.96
$156.96
52-Week Range
$119.57
$171.59
Volume
212,960 shs
Average Volume
1.65 million shs
Market Capitalization
$24.26 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$177.61

Take-Two Interactive Software MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
25.3% Upside
$177.61 Price Target
Short Interest
Healthy
4.98% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.51
Upright™ Environmental Score
News Sentiment
0.37mentions of Take-Two Interactive Software in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$13.54 M Sold Last Quarter
Proj. Earnings Growth
402.30%
From $0.87 to $4.37 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.

4.77 out of 5 stars

Consumer Discretionary Sector

10th out of 270 stocks

Prepackaged Software Industry

14th out of 197 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

Video Gaming Rebound: Electronic Arts or Take-Two, Who Wins?
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Video Gaming Rebound: Electronic Arts or Take-Two, Who Wins? (TTWO)
Two major video game publishers in the consumer discretionary sector, Electronic Arts and Take-Two, are benefitting the most from the rebound in video gaming.
Esports Investing: Opportunities & Strategies (TTWO)
Esports are games in which players virtually compete in an organized competition. Learn more about how to invest in esports with MarketBeat.
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“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
No Rest for the Wicked Available Now in Early Access
The Analyst Landscape: 11 Takes On Take-Two Interactive
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/16/2024
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
11,580
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$177.61
High Stock Price Target
$200.00
Low Stock Price Target
$147.00
Potential Upside/Downside
+25.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
22 Analysts

Profitability

Net Income
$-1,124,700,000.00
Pretax Margin
-31.30%

Debt

Sales & Book Value

Annual Sales
$5.35 billion
Cash Flow
$13.31 per share
Book Value
$53.61 per share

Miscellaneous

Free Float
168,249,000
Market Cap
$24.13 billion
Optionable
Optionable
Beta
0.74

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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, Inc. 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's focus on developing high-quality, immersive gaming experiences has led to a track record of successful game releases, driving revenue growth.
  • Take-Two Interactive Software, Inc. has been expanding its presence in the mobile gaming market with titles like Zynga Poker and Merge Dragons, tapping into a lucrative segment of the industry.
  • Recent financial reports indicate a positive trend in revenue and profit margins, showcasing the company's ability to generate strong returns for investors.
  • With the increasing popularity of esports and online gaming, Take-Two Interactive Software, Inc. is well-positioned to capitalize on this growing trend, potentially leading to further revenue growth.

Cons

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

  • The video game industry is highly competitive and rapidly evolving, with new technologies and trends constantly emerging, posing a challenge for sustained growth and market dominance.
  • Take-Two Interactive Software, Inc.'s stock price can be volatile, influenced by factors such as game release schedules, market trends, and macroeconomic conditions, which may lead to fluctuations in investment returns.
  • Regulatory scrutiny and public perception regarding violence and other controversial content in some of the company's games, like Grand Theft Auto, could impact sales and brand reputation.
  • The company's heavy reliance on a few key franchises for a significant portion of its revenue exposes it to risks associated with franchise fatigue or declining popularity among consumers.
  • Market shifts towards subscription-based gaming services and digital distribution platforms may disrupt traditional sales models, affecting Take-Two Interactive Software, Inc.'s revenue streams and profitability.
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 Saturday, April 13, 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?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Take-Two Interactive Software in the last year. There are currently 4 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research 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?

22 analysts have issued 12 month price objectives for Take-Two Interactive Software's shares. Their TTWO share price targets range from $147.00 to $200.00. On average, they expect the company's share price to reach $177.61 in the next year. This suggests a possible upside of 25.3% 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 at the beginning of 2024. Since then, TTWO stock has decreased by 11.9% and is now trading at $141.72.
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 Thursday, May 16th 2024.
View our TTWO earnings forecast
.

How can I listen to Take-Two Interactive Software's earnings call?

Take-Two Interactive Software will be holding an earnings conference call on Thursday, May 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) issued its quarterly earnings data on Thursday, February, 8th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.02. The business earned $1.34 billion during the quarter, compared to analysts' expectations of $1.34 billion. Take-Two Interactive Software had a positive trailing twelve-month return on equity of 3.03% and a negative net margin of 26.90%.

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

Take-Two Interactive Software updated its fourth quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 0.000-0.110 for the period, compared to the consensus EPS estimate of 0.930. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.5 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 Congress Asset Management Co. MA (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Park National Corp OH (0.19%), Assenagon Asset Management S.A. (0.12%), Allspring Global Investments Holdings LLC (0.09%) and Raymond James & Associates (0.08%). Insiders that own company stock include Daniel P Emerson, 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 4/24/2024 by MarketBeat.com Staff

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