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

CoinMarketCap
07 Feb
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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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