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Take-Two Interactive Software Inc’s stock reached an all-time high of 261.87 USD, marking a significant milestone for the video game company. According to InvestingPro data, the company now commands a market capitalization of $48 billion, with analysts setting price targets ranging from $150 to $316. Over the past year, the stock has experienced a remarkable increase, with a 1-year change of 70.33%, including an impressive 32.74% gain in the past six months. This surge reflects strong investor confidence and positive market sentiment surrounding the company’s performance and future prospects. The achievement of this all-time high underscores Take-Two Interactive’s robust growth trajectory in the competitive gaming industry, supported by a 7.33% revenue growth. While current trading levels exceed InvestingPro’s Fair Value estimate, subscribers can access 12 additional exclusive ProTips and comprehensive valuation metrics to make informed investment decisions.
In other recent news, Electronic Arts is set to be acquired by an investor consortium for $210 per share in cash, valuing the company at approximately $36 billion. This consortium includes Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners. Meanwhile, Take-Two Interactive has adopted a deferred compensation plan for key employees, allowing certain executives to defer a portion of their compensation. Additionally, Take-Two Interactive’s stock has seen positive analyst attention, with Rothschild Redburn raising its price target to $260 and Benchmark increasing theirs to $275, both maintaining a Buy rating. These adjustments follow Take-Two’s strong first-quarter performance for fiscal year 2026, where it reported net bookings of $1.423 billion, exceeding the consensus estimate. The company also achieved an AEBITDA of $198 million, surpassing the expected $128 million. In related developments, OpenAI is planning to monetize its video generation technology and share revenue with content rightsholders. This move comes as user engagement with OpenAI’s tools has exceeded initial expectations.
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