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Take-Two Interactive Software (ETR:SOWGn), Inc. (NASDAQ:TTWO) has reached an all-time high, with its stock price soaring to $216.16. According to InvestingPro data, the stock is trading at elevated multiples with an EV/EBITDA ratio of 535x, suggesting rich valuation levels. This milestone reflects a significant surge in investor confidence, as the company’s shares have witnessed an impressive 40.46% increase over the past year, with a particularly strong 39% gain in the last six months alone. The gaming giant, known for popular franchises such as Grand Theft Auto and NBA 2K, has capitalized on the growing demand for interactive entertainment, which has been particularly robust amid the shifts in consumer behavior during the recent years. While the company maintains a moderate debt level and analysts predict profitability this year, InvestingPro analysis reveals 11 additional key insights about TTWO’s financial health and market position. The all-time high represents a culmination of strategic initiatives and successful releases that have resonated well with the gaming community, further cementing Take-Two’s position as a leader in the industry.
In other recent news, Take-Two Interactive has been the focus of several analysts’ notes and earnings reports. TD Cowen reiterated a Buy rating for the company with a price target of $211, citing the strong performance of NBA 2K and the anticipated release of Grand Theft Auto VI in Fall 2025. The firm adjusted full-year bookings estimate from $5.63 billion to $5.61 billion, reflecting a 5% year-over-year increase.
On a similar note, Benchmark analysts raised their price target for Take-Two to $225, maintaining a Buy rating. The company’s robust third-quarter results, primarily due to the success of NBA 2K25, and the upcoming releases of major titles such as Borderlands 4 and Grand Theft Auto 6 were highlighted.
Oppenheimer also maintained an Outperform rating and a price target of $215 for Take-Two Interactive. The company reported Q3 net bookings totaling $1.37 billion, with GTA Online showing a 10% increase in memberships.
Goldman Sachs increased the price target for Take-Two from $205 to $230, maintaining a Buy rating. This adjustment was based on the company’s solid bookings growth and positive outlook regarding their ability to scale their intellectual properties.
Lastly, TD Cowen reiterated a Buy rating on Take-Two, anticipating 2025 to be a significant year for the gaming industry, marked by the launches of GTA VI and Switch (NYSE:SWCH) 2. The firm’s analysts highlighted the significance of the live service model in video games, where ongoing content updates and player engagement can lead to sustained revenue streams.
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