The heavy selling pressure might have exhausted for Take-Two (TTWO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Anticipated sales for the GTA VI release in fall 2025 makes TTWO a Strong Buy; 16-month CAGR of 50%+ possible, aiming for a $40B market cap target. TTWO faces reduced fiscal 2025 forecasts, game delays, and costs but expects significant fiscal 2026 growth with a potential EPS boost of over 200%. GTA VI competes with existing titles like Cyberpunk 2077 and potential 2025 releases like Avowed, amid market hype concerns and potential "woke" content issues.
Zacks.com users have recently been watching Take-Two (TTWO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Take-Two (TTWO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, Take-Two Interactive (TTWO) closed at $150.53, indicating a +0.35% shift from the previous trading day.
Take-Two Interactive (TTWO) concluded the recent trading session at $150.70, signifying a -0.03% move from its prior day's close.
In the latest trading session, Take-Two Interactive (TTWO) closed at $150.45, marking a +0.09% move from the previous day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the latest trading session, Take-Two Interactive (TTWO) closed at $153.31, marking a -0.03% move from the previous day.
Take-Two Interactive (TTWO) closed at $152 in the latest trading session, marking a +0.17% move from the prior day.
Take-Two Interactive (TTWO) closed the most recent trading day at $157.54, moving -0.94% from the previous trading session.