Q4 2024
Earnings calls reveal unexpected results for
Take-Two Interactive Software (TTWO) as multiple stakeholders present at the TD Cowen 52nd Annual Technology, Media & Telecom Conference. Various firms, including Cambridge Investment Research Advisors, Orion Portfolio Solutions, Corient Private Wealth, and Evoke Wealth have shown significant investment in the company. Despite the delay of 'Grand Theft Auto 6',
analysts expect the stock to escalate to $185. Strategic
SWOT insights suggest that the company has the potential for strong future performance. However, this year's
revenue estimates have been slashed by 19%. The company has seen substantial returns of 40% over the past five years, benefiting the
investors. Disconcertingly, insider
Jon Moses has recently sold his shares, raising questions about the company's health. Despite a positive earnings report for Q4 2024,
TTWO's earnings per share (EPS) missed expectations. The company's stock is currently trending, raising multiple eyebrows.
Wall Street analysts still view TTWO as a lucrative investment option. The firm has announced cost reduction plans, aiming to cut
5% of its staff. In the meantime, new game launches are on the horizon, providing hope for further growth.
Take-Two Interactive Software TTWO News Analytics from Wed, 11 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 10:54:35 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor -5
