Take-Two Surges 7.5% Following Quarterly Earnings Report
📊 Take-Two Interactive Software’s (TTWO) latest quarterly earnings report for Q2 of FY 2025 saw its stock price increase from $166.62 to $179.17 — a 7.5% increase.
Here are the highlights:
📈 TTWO posted net bookings of $1.47 billion – beating estimates of $1.43 billion and representing a growth of 2% compared to the same period in the previous fiscal year.
💰 TTWO CEO Strauss Zelnick forecasts a range of $5.55 to $5.65 billion in net bookings for FY 2026 and record levels overall in FY 2026 and 2027.
🕹️Properties including “Grand Theft Auto," "Borderlands" and "NBA 2K” strongly contributed to the results.
🚀 At least nine Wall Street analysts have raised their price targets on TTWO with Morgan Stanley’s increased from $185 to $200.
“As we look ahead, we believe that Take-Two remains exceedingly well-positioned for the long-term. Our vision is clear, our talent is unparalleled, and we have one of the strongest portfolios of owned intellectual property in our industry.” - Take-Two CEO Strauss Zelnick
Investors Anticipating GTA 6 As Take-Two Provides Tentative Release Date
It’s easy to see why enthusiasm is high, especially with titles like Civilization 7 and WWE 2K25 releasing in FY 2025 while Borderlands 4 and Mafia: The Old Country are set to release in FY 2026.
However, it’s GTA 6 that investors are really waiting for and its highly-anticipated release will undoubtedly be key if TTWO is to achieve those record net bookings Zelnick expects. Given all the impatience (and memes) from fans over the release date and prior delays, Zelnick actually confirmed it was set for a Fall 2025 release.
And with GTA 5 still selling at a rapid pace with over 205 million units sold worldwide and GTA Online’s continued lucrative success, it’s hard to imagine GTA 6 not making a massive splash next year.
💡 Summary
🤔 There may be a significant investment opportunity in TTWO which is currently priced at $177.62. Following the release of the first GTA 6 trailer on December 5 last year, the stock experienced a brief dip due to disappointment over the 2025 release date. However, by December 14, it surged to an annual high of $163.89—a 23.1% increase from its October 26 price. With TTWO betting heavily on the anticipated success of GTA 6, the stock has the potential to rally beyond its all-time high of just over $213 from February 2021, making now an attractive time to consider an investment.
🌼 The Blossom community was relatively bullish on TTWO, with 18 users buying stock in the last 30 days compared to 11 selling their positions.