Take-Two Interactive Genre, Franchise Leadership Lowers Risks, Supports Confidence, Oppenheimer Says

MT Newswires Live
01-22

Take-Two Interactive Software (TTWO) benefits from dominance in popular franchises and genres mitigating pressures, while the investor sentiment appears stable due to healthier comparisons in NBA 2K and a strong slate of AAA games in 2025, Oppenheimer said in an earnings preview on Tuesday.

The firm said that engagement metrics for NBA 2K25 on Steam show a positive trajectory despite a 16% decline in average concurrent users since its September launch, the game experienced 9% month-over-month growth in November and December.

Oppenheimer revised fiscal 2026 and fiscal 2027 earnings per share estimates downward to $5.20 from $7.62 and to $9.13 from $9.21, respectively, due to lower gross margins and changes in expected performance for major releases like GTA 6, Borderlands 4, and Mafia.

Upcoming developments such as second trailer for GTA 6, Judas updates, reception of Civilization 7, and progress on Borderlands 4 will likely influence stock performance, according to the firm.

Oppenheimer raised its price target on Take-Two to $215 from $190 with an outperform rating.

Price: 186.16, Change: -0.25, Percent Change: -0.13

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