Take-Two Interactive Software Inc. ($TTWO) Stock Forecast: Down 5.1% Today

What is Take-Two Interactive Software Inc.?

Take-Two Interactive Software (NASDAQ: TTWO) is a leading video game company known for popular titles such as Grand Theft Auto and Red Dead Redemption. The overall market for gaming stocks has been bullish recently, with increasing demand for entertainment at home.

Why is Take-Two Interactive Software Inc. going down?

TTWO stock is down 5.1% on Mar 7, 2025 15:52

• Despite news of acquiring a new development studio and a price target raise by an analyst, Take-Two Interactive Software (TTWO) experienced a bearish movement.
• The market may have reacted negatively to the acquisition news, possibly due to concerns about integration challenges or overvaluation of the target company.
• Investors might be profit-taking after the recent price target raise, leading to a short-term bearish trend in the stock.
• It's essential to monitor how the company manages the acquisition and whether it can continue to deliver strong financial performance to regain investor confidence and reverse the bearish trend.

TTWO Price Chart

TTWO Technical Analysis

TTWO News

What's Going On With Take-Two Interactive Software Stock Today? - Take-Two Interactive ( NASDAQ:TTWO )

Rockstar games announces that it will acquire Sydney-based development studio Video Games Deluxe. Ascendiant Capital analyst Edward Woo maintains Take-Two Interactive with a Buy rating and raises the price target from $172 to $270.

https://www.benzinga.com/general/gaming/25/03/44084934/whats-going-on-with-take-two-interactive-software-stock-today

Trending Today

XRP ($XRP) Crypto Forecast: Up 6.7% Today

S&P 500 Index ($SPX) Index Forecast: Up 0.2% Today

NASDAQ-100 ($NDX) Index Forecast: Up 0.1% Today

Uniswap ($UNI) Crypto Forecast: Up 6.4% Today

Sonic (prev. FTM) ($S) Crypto Forecast: Up 6.4% Today

Dogecoin ($DOGE) Crypto Forecast: Up 5.1% Today

Solana ($SOL) Crypto Forecast: Up 6.4% Today

Sui ($SUI) Crypto Forecast: Up 6.8% Today

crypto.com ($CRO) Crypto Forecast: Up 5.3% Today

Pepe ($PEPE) Crypto Forecast: Up 5.3% Today

Take-Two Interactive Software Inc. Price History

21.07.2024 - TTWO Stock was up 5.0%

• Today, TTWO stock displayed a significant bullish movement.
• The unveiling of Borderlands 4, a highly awaited addition to the renowned looter-shooter franchise, played a role in the uptick in TTWO shares.
• Positive sentiments from analysts post the Gamescom 2024 event, along with Citi maintaining a Buy rating on the stock, boosted investor confidence.
• The CEO’s appearance on "Mad Money" with Jim Cramer likely offered additional insights and reassurance about the company’s future prospects, further propelling the bullish trend in TTWO stock.

21.07.2024 - TTWO Stock was up 5.8%

• TTWO stock experienced a strong bullish movement recently.
• The upcoming launch of Borderlands 4 in 2025 has sparked interest among investors, leading to a surge in the stock price.
• Analysts have shown positivity towards TTWO after events such as Gamescom 2024 and the Diversity in Gaming Lunch, boosting investor confidence.
• TTWO's expansion of its gaming portfolio with titles like Mafia: The Old Country showcases its dedication to innovation and growth, fueling positive market sentiment.

09.01.2024 - TTWO Stock was down 8.5%

• Take-Two Interactive Software lowered its guidance for fiscal 2024 and reported a 3% decrease in third-quarter total net bookings, leading to a bearish market movement.
• The company's lowered forecast and game delay contributed to the negative market sentiment.
• Analysts highlighted the impact of a revised net bookings forecast for 2024, which was lower than previously expected.
• Take-Two's CEO, Strauss Zelnick, discussed the company's quarterly earnings results and factors that caused the company to guide down next quarter, which may have further influenced the bearish market movement.

09.01.2024 - TTWO Stock was down 8.3%

• TTWO shares fell sharply following the release of their third-quarter results, which showed a 3% decline in net bookings compared to the previous year.
• The company also revised its 2024 net bookings forecast downward, causing further concern among investors.
• The CEO, Strauss Zelnick, addressed the leak of the GTA VI trailer, stating that while it was disappointing, it did not have a negative impact on the game or the company.
• The overall market sentiment for TTWO was affected by the negative earnings report and the downward revision of future projections.

10.01.2024 - TTWO Stock was down 8.5%

• TTWO stock experienced a strong bearish movement today.
• The leak of the GTA 6 trailer was deemed "disappointing" by the CEO, which may have dampened investor sentiment.
• Lowered guidance for fiscal 2024 and a game delay also contributed to the negative market reaction.
• The company's third-quarter financial results showed a 3% decline in total net bookings year-over-year.
• Overall, the bearish movement in TTWO stock today can be attributed to a combination of factors, including the GTA 6 trailer leak, lowered guidance, and underwhelming financial results.

12.01.2024 - TTWO Stock was down 8.5%

• Today, TTWO stock experienced a significant decline, which could be attributed to several factors:
• 1. Target cut: Concerns about the company's future prospects may have arisen after a target cut was made by an industry analyst.
• 2. GTA 6 trailer leak disappointment: Comments made by the CEO regarding the disappointing leak of the GTA 6 trailer may have dampened investor sentiment, as the anticipation surrounding this highly anticipated game is a crucial driver for Take-Two's success.
• 3. Lowered forecast and game delay: Take-Two's guidance for fiscal 2024 was adjusted downward, and the delay of a game release might have signaled potential challenges ahead, contributing to the bearish movement.
• 4. Q3 financial results: The company's third-quarter financial results, including a year-over-year decline in net bookings, could have negatively impacted investor confidence.
• Overall, a combination of factors such as the target cut, disappointment over the GTA 6 trailer leak, lowered forecast, and underwhelming financial results likely influenced the bearish movement observed in TTWO stock today.

09.07.2024 - TTWO Stock was up 5.7%

• The bullish movement in TTWO stock today may be linked to Take-Two Interactive's confirmation that GTA 6 will be released in 2025, dispelling any rumors of delays.
• Investor optimism about Take-Two's future performance could stem from CEO Strauss Zelnick's assertion that User-Generated Content (UGC) is unlikely to define the company's future, indicating a strong strategic vision.
• The positive market sentiment, with U.S. stock futures trading higher, might have also played a role in the bullish movement in TTWO stock as investors show interest in companies like Take-Two Interactive.

09.07.2024 - TTWO Stock was up 5.2%

• Following the release of its mixed fiscal first-quarter 2025 financial results, TTWO stock displayed a robust upward movement, drawing favorable reactions from analysts.
• Analysts' optimistic views on Take-Two's forthcoming content, especially related to the GTA series and GTA Online, played a significant role in driving the stock's upward trajectory.
• Analysts' bullish assessments, including increased price targets and reiterated Buy recommendations, bolstered investor confidence in Take-Two's future growth prospects.
• Take-Two's strong performance within a backdrop of encouraging analyst sentiments and favorable market conditions underscores the company's resilience and potential for long-term growth within the gaming industry.

09.07.2024 - TTWO Stock was up 5.5%

• Take-Two Interactive (TTWO) stock experienced a strong bullish movement following the release of its first-quarter earnings for fiscal year 2025.
• The company reported revenue growth of 4% to $1.34 billion, slightly surpassing analyst estimates, and an adjusted EPS of five cents, beating expectations.
• CEO Strauss Zelnick expressed optimism about the future, highlighting the company's vibrant franchises and ambitious development pipeline.
• Speculation surrounding the release of GTA 6 also contributed to the positive sentiment, with confirmation from Take-Two that the game is on track for a 2025 release, further boosting investor confidence in the stock.

07.01.2025 - TTWO Stock was up 12.4%

• Despite facing fierce competition and advertising challenges, TTWO's strong portfolio of video game titles likely contributed to its bullish movement.
• Investors may be optimistic about the upcoming Q3 earnings report, anticipating positive results despite the headwinds.
• The market movement could also be a reflection of growing consumer demand for interactive entertainment, benefiting companies like TTWO with a track record of delivering popular and engaging games.

07.01.2025 - TTWO Stock was up 16.2%

• Take-Two Interactive (TTWO) saw a significant rise in its stock following its latest earnings, showcasing positive market sentiment towards the company's performance.
• In spite of some resistance and concerns about a potential reversal, investors responded favorably to TTWO's earnings, reflecting optimism about the company's future.
• Despite challenges from competition and advertising difficulties, the market's confidence in TTWO's strong lineup of video game titles appeared to outweigh concerns ahead of its Q3 earnings.
• Overall, today's bullish movement in TTWO's stock is thought to be influenced by the favorable market response to the company's earnings, which overshadowed worries about resistance and competitive pressures.

07.02.2025 - TTWO Stock was down 5.1%

• Despite news of acquiring a new development studio and a price target raise by an analyst, Take-Two Interactive Software (TTWO) experienced a bearish movement.
• The market may have reacted negatively to the acquisition news, possibly due to concerns about integration challenges or overvaluation of the target company.
• Investors might be profit-taking after the recent price target raise, leading to a short-term bearish trend in the stock.
• It's essential to monitor how the company manages the acquisition and whether it can continue to deliver strong financial performance to regain investor confidence and reverse the bearish trend.