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Take-Two Interactive Software (ETR:SOWGn), Inc. (NASDAQ:TTWO) has reached an impressive milestone, with its stock price soaring to an all-time high of $220.93. According to InvestingPro data, the company now commands a market capitalization of $38.9 billion, with analysts setting price targets ranging from $135 to $270. This peak represents a significant achievement for the video game holding company, known for popular franchises such as Grand Theft Auto and NBA 2K. Over the past year, Take-Two’s stock has witnessed a remarkable surge, with a 1-year change showing an increase of 53.58%. The momentum is particularly evident in its impressive 32.27% gain over the past six months. This growth underscores the company’s strong performance and investors’ confidence in its future prospects amidst a thriving gaming industry. InvestingPro analysis reveals 8 additional key insights about TTWO’s valuation and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, Take-Two Interactive Software, Inc. has been the focus of various analyst evaluations and corporate developments. BMO Capital Markets reiterated its Outperform rating on Take-Two, maintaining a $240 price target, citing the company’s strong positioning and impressive upcoming lineup, including the much-anticipated "Grand Theft Auto VI." This aligns with DA Davidson’s initiation of coverage with a Buy rating and a $250 target, highlighting Take-Two’s strong intellectual property and potential for over 40% growth in Net Bookings for fiscal year 2026. Mizuho (NYSE:MFG)’s Jordan Klein also emphasized Take-Two as a top non-AI stock idea, noting its potential for significant stock performance tied to its game releases.
In corporate developments, Take-Two’s subsidiary, Rockstar Games, has acquired Sydney-based Video Games Deluxe (NYSE:DLX), which will be rebranded as Rockstar Australia. This acquisition is expected to enhance Rockstar’s development capabilities and expand its presence in the Australian market. Meanwhile, TD Cowen maintained its Buy rating with a $211 target, noting steady third-quarter fiscal year 2025 bookings and reaffirming the release of "Grand Theft Auto VI" as a catalyst for future growth.
Take-Two Interactive’s consistent performance, as reflected in various analyst ratings, continues to underscore its strategic positioning and growth potential in the gaming industry.
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