Take-Two Interactive Software, Inc. has been experiencing a series of financial fluctuations and strategic actions recently. The Bank of Montreal has lessened its stake in the company, while some organizations, such as Sei Investments Co., Samlyn Capital, Caxton Associates, and Fred Alger Management, have increased their positions. The company has outperformed the market and achieved an increase in revenue for Q1 2025. Yet, the
earnings missed some expectations resulting in a drop of
stock price. A strategic SWOT insight has been provided for Take-Two, highlighting strengths and weaknesses. A mixed response from analysts has been reflected concerning the company's performance. While a considerable amount of downward adjustments has been made on revenue estimates, the company still bears a
Moderate Buy rating from several analysts. The anticipation towards the release of
Grand Theft Auto 6 and Borderlands 4 keeps the market sentiment buoyant. However, the company plans a staff reduction amidst a cost reduction exercise. The recent wins include the company's gaming portfolio expansion and successful acquisitions like The Gearbox Entertainment. While the company is set to release new games, the delay in the release of the popular
GTA 6 had affected the stock expectations.
Take-Two Interactive Software TTWO News Analytics from Tue, 06 Feb 2024 08:00:00 GMT to Sun, 29 Sep 2024 08:00:08 GMT -
Rating 0
- Innovation -5
- Information 7
- Rumor -3
