Take-Two Interactive: Should You Buy Now or Wait?
Take-Two Interactive Software Inc. is a leading video game holding company based in New York City. It was founded in 1993 and owns major publishing labels such as Rockstar Games, Zynga, and 2K, which operate internal game development studios. The company’s portfolio includes popular franchises like BioShock, Borderlands, Grand Theft Auto, NBA 2K, WWE 2K, and Red Dead.
Finance Performance and Ratios
For the fiscal year 2024, Take-Two reported a net revenue of $5.35 billion, but also a net loss of $3.74 billion. The company’s operating income was negative $3.59 billion, reflecting a significant decline year-over-year. Despite the losses, Take-Two’s total assets stood at $12.22 billion, with total equity at $5.668 billion.
Take-Two Interactive Software Inc. Stock Price Performance
Take-Two Interactive’s stock price has seen fluctuations over the years. As of the latest data, the stock is trading on the Nasdaq under the ticker TTWO. The company’s market cap is estimated at around $23 billion, making it one of the largest publicly traded game companies in the Americas and Europe.
Investment Insight
The Investment Scoreboard presents unfavorable metrics, which discourages us from making any price forecast. Despite market activity around this stock, its inclusion in a prudent portfolio is not advisable. We advise intelligent investors to exercise caution and consider other opportunities.
Take-Two Interactive Software Stock Forecast**
| MIN/MAX | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| MIN | – | – | – | – | – |
| MAX | – | – | – | – | – |
When to buy?
Nevertheless, if you’ve decided to invest in this company’s shares, it’s prudent to wait for a price correction (current price at the time of writing is $187) to mitigate risk. For day traders, this stock presents an ideal opportunity due to its volatility and trading potential.
Dividend Policy
Take-Two Interactive does not currently pay dividends. The company focuses on reinvesting its earnings to fund growth and development initiatives, particularly in the video game sector.
Conclusion
A cup of coffee from you for this excellent analysis.
Company’s Site.
More US Stocks.
*Investment analysis involves scrutinizing over 50 different criteria to assess a company's ability to generate shareholder value. This comprehensive approach includes tracking revenue, profit, equity dynamics, dividend payments, cash flow, debt and financial management, stock price trends, bankruptcy risk, F-Score, and more. These metrics are consolidated into a straightforward Investment Scoreboard, which effectively helps predict future stock price movements.
**Use the price forecast to manage the risk of your investments.