Take-Two Interactive projects significant growth in net bookings fueled by upcoming releases
From Nasdaq: 2025-06-06 11:08:00
Take-Two Interactive (TTWO) sees a 17% increase in net bookings in Q4 fiscal 2025, reaching $1.58 billion. Strong demand for franchises like NBA 2K25 and Grand Theft Auto drives growth. The company’s fiscal 2026 outlook expects net bookings between $5.9 billion and $6 billion, with upcoming releases like Grand Theft Auto VI.
Facing competition from Electronic Arts (EA) and Microsoft (MSFT), Take-Two continues to focus on its proprietary hits like Grand Theft Auto and NBA 2K. Electronic Arts reports an 8% increase in net bookings in Q4 fiscal 2025, emphasizing global expansion. Microsoft’s acquisition strategy gives it an edge with a broader portfolio.
Shares of TTWO have increased 25.5% YTD, outperforming the Gaming industry. However, the stock appears overvalued with a forward price-to-sales ratio of 6.09. Estimates project 2026 revenues at $5.99 billion, a 6.10% YoY increase. TTWO stock currently holds a Zacks Rank #4 (Sell).
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Read more at Nasdaq: Will an Innovative Game Pipeline Drive TTWO’s Net Bookings Growth?