TTWO Stock Forecast & Price Target

Take-Two Interactive has demonstrated substantial growth in recurrent consumer spending, which surged by over 30%, alongside significant increases in daily active users (DAUs) by nearly 20% and monthly active users (MAUs) by nearly 10%. The company's mobile segment is projected to expand by $250 million, complemented by anticipated strong engagement from the launch of Grand Theft Auto VI, which is expected to further elevate GTA Online participation. Additionally, continued robust pipeline developments and strong performances from established franchises, such as NBA 2K, support expectations for sequential increases in net bookings, reinforcing a positive outlook for Take-Two's financial performance.

Take-Two Interactive is projected to experience a considerable decline in revenue, with an anticipated year-over-year loss of approximately $500 million from the PC version of Grand Theft Auto and catalog sales, raising investor concerns. The company's mobile gaming segment has shown mixed results, with low single-digit growth expectations and notable underperformance in specific titles, ultimately moderating revenue prospects. Furthermore, while there was a lack of pass-through of upside from Q2 to full-year guidance, the initial guidance for Q4 has been slightly lowered, indicating potential challenges in meeting previous expectations.