Why Take-Two Interactive Stock Is Jumping Today

Source Motley_fool

Take-Two Interactive (NASDAQ: TTWO) stock is moving higher Thursday amid bullish trading for the broader market. The company's share price was up 4.3% as of 1:40 p.m. In addition to the bullish stock market backdrop, Take-Two's valuation is being pushed higher by new analyst coverage today. The stock is now up 21% year to date despite substantial sell-offs for the broader market across the stretch.

Take-Two stock rises on optimistic analyst coverage

Before the market opened today, BMO Capital Markets published new coverage reiterating an outperform rating on Take-Two and a one-year price target of $240 per share on the stock. As of this writing, the target suggests upside of roughly 8%. While the target does not suggest huge near-term return potential, it looks more appealing given recent macroeconomic uncertainty and market volatility.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »

BMO's analysts have stayed bullish on the stock thanks to a positive outlook on the company's upcoming video game lineup, most notably Grand Theft Auto VI (GTA VI). The firm also anticipates performance improvements for the company's mobile segment.

What's next for Take-Two?

Take-Two is on track to release Grand Theft Auto VI later this year, and the game is almost certainly poised to kick off a massive new growth phase for the company. The title's immediate predecessor stands as the most profitable entertainment release in history, having shipped 210 million copies worldwide as of the most recent performance update. Like the last game in the series, GTA VI is also poised to generate billions of dollars in high-margin in-game spending from its online multiplayer mode. For investors seeking exposure to the gaming industry, I think that Take-Two stands a very good chance of delivering strong performance over the next five years.

Should you invest $1,000 in Take-Two Interactive Software right now?

Before you buy stock in Take-Two Interactive Software, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Take-Two Interactive Software wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $566,035!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $629,519!*

Now, it’s worth noting Stock Advisor’s total average return is 829% — a market-crushing outperformance compared to 155% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

See the 10 stocks »

*Stock Advisor returns as of April 21, 2025

Keith Noonan has positions in Take-Two Interactive Software. The Motley Fool has positions in and recommends Take-Two Interactive Software. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst SaysIn a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Author  NewsBTC
4 Month 23 Day Wed
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
placeholder
Cardano (ADA) In Focus: Can It Break This Barrier and Reclaim Momentum?Cardano price started a fresh increase above the $0.7250 zone. ADA is now consolidating and facing hurdles near the $0.760 zone. ADA price started a decent increase above $0.7250 and $0.7320. The
Author  NewsBTC
5 Month 21 Day Wed
Cardano price started a fresh increase above the $0.7250 zone. ADA is now consolidating and facing hurdles near the $0.760 zone. ADA price started a decent increase above $0.7250 and $0.7320. The
placeholder
Avalanche Price Forecast: AVAX eyes $30 as FIFA, VanEck back blockchain ecosystemAvalanche (AVAX) is gaining bullish momentum, extending gains on Friday, trading at $25.74 as investor confidence grows on the back of two major developments.
Author  FXStreet
5 Month 23 Day Fri
Avalanche (AVAX) is gaining bullish momentum, extending gains on Friday, trading at $25.74 as investor confidence grows on the back of two major developments.
placeholder
Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown?Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect ETH to
Author  NewsBTC
6 Month 12 Day Thu
Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect ETH to
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP stabilize near critical support levelsBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of stabilization around key support levels after a recent correction last week.
Author  FXStreet
23 hours ago
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of stabilization around key support levels after a recent correction last week.
goTop
quote