There has been considerable movement surrounding
Take-Two Interactive Software, Inc.. Notably, several management companies have adjusted their holdings, with incidences of both reduction and growth. Furthermore, Take-Two has had a mix of ups and downs. They revealed a proposed public offering of common stock, extended its partnership with the NBA, and launched a new media venture. However, some analysts are trimming their forecasts following their latest earnings update. On a positive trajectory, several investors, such as Assenagon Asset Management and the Wealth Enhancement Advisory Services among others, have increased their stock holdings. Contrastingly, some like Thompson Investment Management and Avanza Fonder AB decreased their stakes. Simultaneously, the company reiterates expectations to achieve sequential increase, and record levels of net bookings in fiscal 2026 and 2027. According to Wall Street analysts, the views are optimistic while there is an investigation regarding a potential fraud associated with TTWO. Furthermore, TTWO plans to raise $1 billion in Equity while pursuing acquisitions. The company's full year earnings missed expectations, while the company also expanded its partnership with NBA, having negative EPS and changed games' release dates. Moreover, TTWO also went through $1 billion stock offering, which had its Sales multiple times oversubscribed. Citing delay in GTA VI, New partnership with NBA and NBPA, the SWOT analysis faces delay challenges. Other major points come from the Q4 earnings, outlook, stock offering plans and the bull case theory for TTWO.
Take-Two Interactive Software TTWO News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sun, 15 Jun 2025 00:13:02 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor -1
