Take-Two Interactive Software (TTWO), a giant in the gaming world, has once again proven its dominance. Known for blockbuster franchises like Grand Theft Auto, NBA 2K, and Borderlands, Take-Two has consistently delivered games that captivate gamers and generate sizable revenue. Now, after its impressive earnings beat for Q3 and the expected release of GTA 6 in 2025 excited investors, the stock jumped 14% in the aftermath.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Key Earnings Points
In its Fiscal Q3 2025 earnings report, which took place at Fab. 6, Take-Two surpassed Wall Street’s expectations, causing its stock to soar by an impressive 14%. The company reported adjusted earnings of $0.72 per share, exceeding the predicted $0.58. Although net bookings were slightly below expectations at $1.37 billion, it still marked a solid 3% year-over-year increase.
What Has Excited Investors?
Investors were particularly excited about the company’s positive outlook and upcoming game releases. Take-Two is gearing up to launch several major titles in 2025, including the highly anticipated Grand Theft Auto 6, Mafia: The Old Country, and Borderlands 4. These games have massive fanbases, and investors are confident they will drive substantial revenue and boost the company’s financial performance.
In its forward guidance, Take-Two provided an optimistic outlook for the next quarter, forecasting $1.53 billion in net bookings and adjusted earnings of $1.37 per share. This, combined with the upcoming game releases, has investors eagerly anticipating the future.
The strong earnings report and promising game lineup have propelled Take-Two’s stock to new heights, indicating that the company’s momentum is likely to continue well into 2025.
Is TTWO a Buy, Sell, or a Hold?
Turning to Wall Street, Take-Two is considered a Strong Buy, based on 17 ratings. The average price target for TTWO stock is $218.12, suggesting a 4.48% upside potential.
