Take-Two Interactive SoftwareNASDAQ: TTWO

Take-Two Interactive (TTWO) closed the most recent trading day at $157.54, moving -0.94% from the previous trading session.

J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on the shares of Take-Two Interactive Software Inc TTWO with a price target of $200.00.

Take-Two (TTWO) is set to expand its gaming portfolio with its upcoming game, Game of Thrones: Legends. The game is set to release on Jul 25, 2024.

NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the “Company”) announced today that it has agreed to sell in an underwritten public offering $600 million aggregate principal amount of its Senior Notes, consisting of $300 million of its 5.400% Senior Notes due 2029 and $300 million of its 5.600% Senior Notes due 2034. The Company intends to use the net proceeds from the offering for general corporate purposes, including the repayment of the $600 million principal a.

NEW YORK--(BUSINESS WIRE)--2K and Firaxis Games officially announced today Sid Meier's Civilization® VII, a revolutionary new chapter in the epic strategy video game franchise, will launch in 2025 on PlayStation®5 (PS5®), PlayStation®4 (PS4®), Xbox Series X|S, Xbox One, Nintendo™ Switch, and PC, Mac and Linux via Steam. Available to wishlist now on select platforms, the full reveal of Civilization VII and its exciting new features and innovations will be shared in August 2024. The announcement.

Take-Two's (TTWO) expansion of its gaming portfolio with the launch of Star Wars: Hunters makes it an attractive investment opportunity.

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.

Revenue surpassed projections, reaching $1.4 billion. Significant losses were incurred due to a substantial impairment of goodwill.

Take-Two (TTWO) rose slightly after surpassing fourth quarter earnings projections. Andrew Wang attributes the earnings growth to successful titles such as NBA 2K24, Zynga IAP, Red Dead Redemption, and GTA.