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Take-Two Interactive (NASDAQ:TTWO) Software (ETR:SOWGn), Inc. has reached an impressive milestone, with its stock hitting an all-time high of $219.53. The gaming giant, now commanding a market capitalization of $38.47 billion, has caught analysts’ attention with price targets ranging from $135 to $270. According to InvestingPro analysis, the stock appears to be trading above its Fair Value. This peak reflects a significant surge in investor confidence, as evidenced by the stock’s remarkable 48.6% climb over the past year. The company, known for its high-profile video game franchises, has been riding a wave of success that has propelled its market valuation to new heights, with an impressive 43.68% gain in just the last six months. Discover more insights about Take-Two’s valuation and growth potential with a comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Take-Two Interactive has been actively expanding its development capabilities with the acquisition of Sydney-based Video Games Deluxe (NYSE:DLX), which will now operate as Rockstar Australia. This acquisition is expected to enhance Take-Two’s presence in the Australian market. Additionally, the company has received favorable evaluations from analysts, with DA Davidson initiating coverage with a Buy rating and a $250 price target, citing the strength of Take-Two’s intellectual property and a busy release schedule for 2025. TD Cowen maintained its Buy rating with a $211 target, noting the company’s third-quarter performance and the anticipated release of Grand Theft Auto VI as a potential catalyst for growth.
Benchmark analysts have also increased their price target for Take-Two to $225, following strong third-quarter results driven by NBA 2K25, despite slower mobile segment growth. The firm is optimistic about Take-Two’s upcoming releases, including Borderlands 4 and Grand Theft Auto 6, which are expected to support the company’s momentum. Mizuho (NYSE:MFG)’s Jordan Klein continues to promote Take-Two as a top non-AI stock pick, emphasizing the company’s potential upside and market performance. These recent developments indicate a strong position for Take-Two Interactive in the competitive gaming market.
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