Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been performing well and captures interest from various investing firms, including
Swedbank AB,
TriaGen Wealth Management LLC, and
Smith Group Asset Management. Noted market pundit
Jim Cramer is bullish on the company, citing this as 'their year.'
UBS has also upgraded their rating of the stock to 'buy,' mainly banking on the forthcoming
GTA VI release. The recent leak of GTA 6's has put pressure on the company to deliver.
However,
shareholders have shown doubts about selling their shares. A five-year investment in TTWO would have delivered respectable returns, and the stock has outperformed the communication sector.
Upcoming earnings report anticipation drives some activity around the stocks.
GTA 6's release and successes in
NBA 2K25 and
WWE 2K25 are also posited as reasons for the video game company's strong performance. Ultimately, nervousness about an earnings goal despite light sales, insiders reducing their stake, and concerns over debt usage casts a shadow on how TTWO is to perform moving forward.
Take-Two Interactive Software TTWO News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 12:37:38 GMT -
Rating 4
- Innovation -2
- Information 7
- Rumor 2
