Take-Two Projects Up to $5.65 Billion in Net Bookings for 2025, GTA VI on Track

CoinMarketCap
02-07
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has unveiled its financial results for the third quarter of fiscal 2025, revealing net bookings of $1.37 billion. This figure is consistent with the company’s previous guidance and reflects robust performances from popular titles such as NBA 2K. Despite a GAAP net loss of $125.2 million for the quarter, the company remains optimistic about its financial trajectory, projecting net bookings between $5.55 billion and $5.65 billion for the entire fiscal year. Looking ahead, Take-Two is gearing up for a promising year with several major game releases scheduled for 2025, including the much-anticipated “Grand Theft Auto VI.”

Take-Two Interactive Confident on GTA VI’s 2025 Release

As part of its strategic roadmap, Take-Two Interactive has announced a lineup of significant game titles slated for release in 2025. The list includes “Sid Meier’s Civilization VII,” “Mafia: The Old Country,” “Grand Theft Auto VI,” and “Borderlands 4.”

The company has confirmed that “Grand Theft Auto VI” is on track for a fall 2025 release, with availability on platforms like PlayStation 5 and Xbox Series X/S. These releases are expected to drive substantial growth in net bookings, with the company projecting record levels for fiscal years 2026 and 2027.

Take-Two Interactive’s stock showed a slight decline in recent trading sessions. Over the past year, the stock has fluctuated between a low of $135.24 and a high of $192.50. The company has a market capitalization of approximately $32.15 billion and a forward PE ratio of 24.209, indicating investor confidence in its future earnings potential. At the time of writing, the stock was trading at $193.75, up 5.83% over the premarket trading session.

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Analysts Back Take-Two’s Stock with Mean Price Target of $204.83

Investment analysts have given Take-Two Interactive a “Buy” recommendation, with a recommendation mean of 1.6. The stock’s target prices range from a low of $135.00 to a high of $240.00, with a mean target price of $204.83 and a median target price of $210.00. Key financial ratios include a debt-to-equity ratio of 70.922 and a price-to-book ratio of 5.517, reflecting the company’s financial structure and market valuation. The company’s trailing EPS stands at -$21.37, while the forward EPS is projected at $7.84, indicating a positive earnings outlook.

Despite facing a net loss in the third quarter, Take-Two Interactive is positioned for growth with a strong lineup of upcoming game releases and positive financial projections. The company’s stock performance, while experiencing minor fluctuations, remains a focal point for investors, supported by favorable market metrics and investment recommendations.

Disclaimer: The author does not hold or have a position in any securities discussed in the article. All stock prices were quoted at the time of writing.

The post Take-Two Projects Up to $5.65 Billion in Net Bookings for 2025, GTA VI on Track appeared first on Tokenist.

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