Take-Two (TTWO) released a new trailer for WWE 2K25, its newest video game featuring fans’ favorite wrestling stars. The game will be released on March 14, 2025, but gamers who pre-order the Deadman Edition or The Bloodline Edition of WWE 2K25 will get access one week early.
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Take-Two hopes to reach a large playerbase with WWE 2K25, releasing the game on Sony’s (SONY) PlayStation 4 and PlayStation 5, Microsoft’s (MSFT) Xbox Series X and Series S, and PC. No Nintendo (NTDOY) Switch release is planned as the series wasn’t received well on the console after a botched port of WWE 2K18. However, that might change with the Switch 2 set to release later this year.
What This Means for TTWO Stock
The WWE 2K series has been a success for Take-Two, having generated over 70 million sales during its lifetime. While it’s no Grand Theft Auto, the WWE 2K series is frequently listed among other strong contributors in Take-Two’s earnings report. This provides a steady revenue stream as the company releases a new WWE 2K game annually with updated rosters.
Take-Two’s next earnings report is scheduled for Feb. 6, 2025, which will be released before the launch of WWE 2K25 in March. Investors will have to wait until the company’s May earnings report for details on the game’s performance. Take-Two has been on an earnings win lately, beating earnings per share and revenue estimates in three of its four most recent earnings reports.
Is TTWO Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Take-Two is Strong Buy based on 17 Buy and one Hold ratings over the last three months. With that comes an average price target of $206.17, a high of $240, and a low forecast of $156. This represents a potential 10.11% upside for TTWO shares.
