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Research Alert: CFRA Maintains Buy Opinion On Shares Of Take-two Interactive Software, Inc.
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Research Alert: CFRA Maintains Buy Opinion On Shares Of Take-two Interactive Software, Inc.
May 26, 2025 9:44 AM

02:40 PM EDT, 05/16/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target to $263 from $245 on 30x our CY 2026 EPS view of $8.75, above peers. We cut our FY 26 EPS estimate to $3.09 from $7.31 positioning GTA VI as the primary earnings catalyst for FY 27 rather than late FY 26 as previously modeled, and we set FY 27's at $9.97. TTWO reported strong Q4 FY 25 performance with Net Bookings growing 17% to $1.58B. Management's FY 26 outlook projects 5% net bookings growth to $5.9B-$6.0B, supported by upcoming releases of Mafia: The Old Country and Borderlands 4. NBA 2K25 continues to excel with units up 7% and engagement metrics showing substantial increases of 30%-80% across key indicators. The mobile segment is showing resilience with new titles Match Factory! and Color Block Jam already profitable. Our Buy rating reflects confidence in TTWO's diverse portfolio, robust recurrent consumer spending (77% of Q4 bookings), and the unprecedented anticipation for GTA VI, which management confirms has broken viewing records with 475M views in 24 hours for its second trailer.

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