Take-Two Interactive Software (TTWO)
Market Price (12/23/2025): $248.4 | Market Cap: $45.9 BilSector: Communication Services | Industry: Interactive Home Entertainment
Take-Two Interactive Software (TTWO)
Market Price (12/23/2025): $248.4Market Cap: $45.9 BilSector: Communication ServicesIndustry: Interactive Home Entertainment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Low stock price volatilityVol 12M is 31% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -404 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.5% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming. Themes include Gaming Content & Platforms. | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 128x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% | |
| Key risksTTWO key risks include [1] heavy financial dependence on a few blockbuster franchises and the significant impact of their development delays, Show more. |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming. Themes include Gaming Content & Platforms. |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -404 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.5% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 128x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% |
| Key risksTTWO key risks include [1] heavy financial dependence on a few blockbuster franchises and the significant impact of their development delays, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Take-Two Interactive's recent financial results showed a mix of challenges and improvements. The company reported a 3% decrease in GAAP net revenue to $1.37 billion for the third quarter of its fiscal year 2024, which ended December 31, 2023. Net bookings also declined by 3% to $1.34 billion. Despite the revenue decline, the GAAP net loss narrowed significantly to $0.54 per share, compared to a loss of $0.91 per share in the same period last year.2. Guidance for the fiscal year 2024 was lowered due to weaker performance in mobile advertising and certain game sales. Take-Two Interactive adjusted its full-year outlook for fiscal year 2024, citing softness in mobile advertising revenue and lower-than-expected sales for NBA 2K24. This revised guidance can influence investor sentiment and stock performance.
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Stock Movement Drivers
Fundamental Drivers
The -1.2% change in TTWO stock from 9/22/2025 to 12/22/2025 was primarily driven by a -6.0% change in the company's P/S Multiple.| 9222025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 251.64 | 248.58 | -1.22% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 5799.20 | 6219.90 | 7.25% |
| P/S Multiple | 7.85 | 7.38 | -5.96% |
| Shares Outstanding (Mil) | 180.80 | 184.60 | -2.10% |
| Cumulative Contribution | -1.26% |
Market Drivers
9/22/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| TTWO | -1.2% | |
| Market (SPY) | 2.7% | 33.3% |
| Sector (XLC) | -1.6% | 48.0% |
Fundamental Drivers
The 2.9% change in TTWO stock from 6/23/2025 to 12/22/2025 was primarily driven by a 10.4% change in the company's Total Revenues ($ Mil).| 6232025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 241.59 | 248.58 | 2.89% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 5633.60 | 6219.90 | 10.41% |
| P/S Multiple | 7.59 | 7.38 | -2.75% |
| Shares Outstanding (Mil) | 176.90 | 184.60 | -4.35% |
| Cumulative Contribution | 2.70% |
Market Drivers
6/23/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| TTWO | 2.9% | |
| Market (SPY) | 14.4% | 26.0% |
| Sector (XLC) | 12.7% | 42.5% |
Fundamental Drivers
The 36.6% change in TTWO stock from 12/22/2024 to 12/22/2025 was primarily driven by a 26.1% change in the company's P/S Multiple.| 12222024 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 181.97 | 248.58 | 36.60% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 5457.00 | 6219.90 | 13.98% |
| P/S Multiple | 5.85 | 7.38 | 26.14% |
| Shares Outstanding (Mil) | 175.40 | 184.60 | -5.25% |
| Cumulative Contribution | 36.23% |
Market Drivers
12/22/2024 to 12/22/2025| Return | Correlation | |
|---|---|---|
| TTWO | 36.6% | |
| Market (SPY) | 16.9% | 38.4% |
| Sector (XLC) | 20.5% | 45.3% |
Fundamental Drivers
The 149.0% change in TTWO stock from 12/23/2022 to 12/22/2025 was primarily driven by a 91.7% change in the company's P/S Multiple.| 12232022 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 99.83 | 248.58 | 149.00% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 4329.20 | 6219.90 | 43.67% |
| P/S Multiple | 3.85 | 7.38 | 91.69% |
| Shares Outstanding (Mil) | 166.90 | 184.60 | -10.61% |
| Cumulative Contribution | 146.20% |
Market Drivers
12/23/2023 to 12/22/2025| Return | Correlation | |
|---|---|---|
| TTWO | 53.5% | |
| Market (SPY) | 47.7% | 38.6% |
| Sector (XLC) | 63.9% | 42.6% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TTWO Return | 70% | -14% | -41% | 55% | 14% | 34% | 102% |
| Peers Return | � | � | -41% | 90% | 53% | 27% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 113% |
Monthly Win Rates [3] | |||||||
| TTWO Win Rate | 75% | 25% | 25% | 67% | 50% | 58% | |
| Peers Win Rate | � | 59% | 32% | 72% | 67% | 53% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| TTWO Max Drawdown | -18% | -30% | -47% | -2% | -16% | -3% | |
| Peers Max Drawdown | � | � | -48% | -6% | -11% | -20% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: EA, MSFT, RBLX, AMZN, NVDA. See TTWO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)
How Low Can It Go
| Event | TTWO | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -56.1% | -25.4% |
| % Gain to Breakeven | 128.0% | 34.1% |
| Time to Breakeven | 833 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -23.2% | -33.9% |
| % Gain to Breakeven | 30.2% | 51.3% |
| Time to Breakeven | 52 days | 148 days |
| 2018 Correction | ||
| % Loss | -38.7% | -19.8% |
| % Gain to Breakeven | 63.1% | 24.7% |
| Time to Breakeven | 447 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -79.7% | -56.8% |
| % Gain to Breakeven | 392.0% | 131.3% |
| Time to Breakeven | 2,092 days | 1,480 days |
Compare to NET, EA, VEEV, APPF, GVSE
In The Past
Take-Two Interactive Software's stock fell -56.1% during the 2022 Inflation Shock from a high on 2/8/2021. A -56.1% loss requires a 128.0% gain to breakeven.
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Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, Social Point, and Playdots labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content. The company also develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises. In addition, the company publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier's Civilization, XCOM series, and Borderlands. Further, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; and PGA TOUR 2K. It also offers Kerbal Space Program, and The Outer Worlds and Ancestors: the Humankind Odyssey under Private Division. Additionally, the company offers free-to-play mobile games, such as Dragon City and Monster Legends, as well as Two Dots mobile game. Its products are designed for console gaming systems, including PlayStation 4; Xbox One; the Nintendo Switch; and personal computers comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Take-Two Interactive Software (TTWO):
Think of it like Disney, but for video games. They own and publish some of the world's most iconic and popular entertainment franchises, such as Grand Theft Auto, Red Dead Redemption, and NBA 2K.
Imagine them as a major film studio like Warner Bros. or Universal Pictures, but focused entirely on creating and publishing blockbuster video games for all platforms, including mobile.
AI Analysis | Feedback
```html- Grand Theft Auto Series: A highly successful open-world action-adventure video game franchise known for its crime narratives and expansive environments.
- Red Dead Redemption Series: A critically acclaimed Western-themed action-adventure video game series celebrated for its immersive storytelling and detailed open worlds.
- NBA 2K Series: The leading annual basketball simulation video game franchise, featuring authentic NBA teams, players, and gameplay.
- WWE 2K Series: An annual professional wrestling simulation video game franchise based on the popular WWE promotion.
- Borderlands Series: A cooperative first-person shooter series with role-playing elements, characterized by its unique cel-shaded art style and looter-shooter gameplay.
- Mobile Games (Zynga): A broad portfolio of free-to-play mobile games including popular titles like *FarmVille*, *Words With Friends*, and *CSR Racing*, offering diverse casual gaming experiences.
AI Analysis | Feedback
Take-Two Interactive Software (TTWO) sells primarily to other companies. Its major customers are the digital storefronts and retailers that distribute its video games. Based on its annual report (Form 10-K), the company explicitly identifies the following as major customers due to their significant contribution to net revenue:- Sony Corporation (via its PlayStation Network platform) - Symbol: SONY
- Microsoft Corporation (via its Xbox platform) - Symbol: MSFT
- Nintendo Co., Ltd. (via its Nintendo eShop) - Symbol: NTDOY (ADR)
- Valve Corporation (via Steam) - *Private Company*
- Apple Inc. (via its App Store) - Symbol: AAPL
- Alphabet Inc. (via Google Play Store) - Symbol: GOOGL
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- Sony Group Corporation (SONY)
- Microsoft Corporation (MSFT)
- Nintendo Co., Ltd. (NTDOY)
- Valve Corporation
- Apple Inc. (AAPL)
- Alphabet Inc. (GOOGL)
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Strauss Zelnick, Chairman and Chief Executive Officer
Strauss Zelnick is the founder, CEO, and managing partner of the private equity firm ZMC, which he established in 2001, specializing in leveraged buyouts and growth capital. He joined Take-Two Interactive Software as Chairman in March 2007, following an investor-staged takeover, and assumed the role of Chief Executive Officer in January 2011. Prior to ZMC and Take-Two, he held significant leadership positions including President and Chief Executive Officer of BMG Entertainment, President and Chief Executive Officer of Crystal Dynamics, and President and Chief Operating Officer of 20th Century Fox.
Lainie Goldstein, Chief Financial Officer
Lainie Goldstein was appointed Chief Financial Officer of Take-Two Interactive Software in June 2007, having joined the company in November 2003. She possesses over 30 years of financial and business experience across the software, entertainment, retail, and apparel industries. Before her tenure at Take-Two, Ms. Goldstein served as Vice President of Finance and Business Development at Nautica Enterprises, Inc. Earlier in her career, she also worked in the audit and reorganization departments at Grant Thornton LLP.
Karl Slatoff, President
Karl Slatoff became President of Take-Two Interactive Software in May 2013, after previously serving as the company's Chief Operating Officer and Executive Vice President. He is a partner at ZelnickMedia, a private equity firm that specializes in media and communications. His prior experience includes serving as Vice President of New Media for BMG Entertainment, where he was responsible for digital strategies and business models. Mr. Slatoff also worked in strategic planning at The Walt Disney Company and in corporate finance and mergers and acquisitions at Lehman Brothers.
Daniel P. Emerson, Executive Vice President, Chief Legal Officer
Daniel P. Emerson has held the position of Executive Vice President and Chief Legal Officer at Take-Two Interactive Software since October 2014. He joined the company in June 2005 as a Vice President and progressed through various roles within the legal department. Before joining Take-Two, Mr. Emerson was a partner at Blank Rome LLP, where he specialized in representing public and private companies in matters of mergers and acquisitions, securities law, and general corporate affairs, including working on Take-Two's acquisitions.
Michael Sheresky, Director
Michael Sheresky has served as a director on the board of Take-Two Interactive Software since April 2007. He is a partner and motion picture talent agent at United Talent Agency, a role he assumed in June 2009. Prior to this, from 1992 to 1995 and then from 1997 to May 2009, Mr. Sheresky held several positions at the William Morris Agency, including Senior Vice President in its Motion Picture Department. He pursued an MBA from Harvard Business School to gain a stronger business background for handling complex deals.
AI Analysis | Feedback
Take-Two Interactive Software (TTWO) faces several key business risks in the highly dynamic and competitive interactive entertainment industry. The most significant risks include:1. Reliance on Blockbuster Titles and Development Delays
Take-Two's business is heavily dependent on the success of a few major franchises, most notably Grand Theft Auto and Red Dead Redemption, which have historically accounted for a substantial portion of its revenue. For instance, Grand Theft Auto products alone contributed 12.6% of net revenue for the fiscal year ended March 31, 2025, with the top five franchises collectively making up 53.1% of net revenue. This reliance creates a significant vulnerability to the market reception and development cycles of these specific titles. Delays in major game releases, such as the postponement of Grand Theft Auto VI, can have a substantial financial impact, directly leading to revisions in fiscal year bookings estimates. If the company fails to consistently develop and sell new commercially successful "hit" titles or sequels, or experiences delays or disruptions following their release, its revenue and profits could decrease substantially.2. Intense Competition and Adapting to Industry Changes
The interactive entertainment industry is intensely competitive, with Take-Two facing rivals that include major publishers like Microsoft (which acquired Activision Blizzard), Electronic Arts, and numerous other developers across console, PC, and mobile platforms. To maintain its market position and profitability, Take-Two must continually innovate and adapt to evolving consumer behavior, technological disruptions (such as generative AI, blockchain-based gaming, and metaverse developments), and changing business models (including free-to-play and subscription services). The company's underperformance in certain segments of mobile gaming, despite the acquisition of Zynga, further highlights the challenges of navigating this competitive and rapidly changing landscape.3. Cybersecurity Threats and Operational Risks
Take-Two's operations rely on complex information technology systems and networks, which makes it vulnerable to cybersecurity threats, including data breaches and intellectual property theft. Incidents such as the network intrusion at Rockstar Games in 2022 underscore these risks. Successful cyberattacks can disrupt business operations, damage the company's reputation, and result in significant financial losses, necessitating robust cybersecurity measures.AI Analysis | Feedback
Increasing regulatory and legislative scrutiny over in-game monetization, particularly loot boxes and similar probabilistic mechanics, presents a clear emerging threat. Governments and consumer protection agencies in various jurisdictions are actively investigating and considering restrictions on these monetization strategies due to concerns about their addictive nature and potential harm, especially to minors. Take-Two Interactive Software relies heavily on these models for significant recurring revenue in key franchises such as NBA 2K and Grand Theft Auto Online. Any widespread bans, stricter age ratings, or mandatory disclosures could directly impact the profitability of these core revenue streams and necessitate fundamental changes to game design and monetization strategies.
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Take-Two Interactive Software (TTWO) operates within the global interactive entertainment market, primarily developing and publishing products for console, PC, and mobile platforms through its labels Rockstar Games, 2K, and Zynga. The addressable markets for their main products and services are substantial across these segments.
Global Video Game Market
- The global video game market was estimated at approximately USD 298.98 billion in 2024 and is projected to reach USD 600.74 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.2% from 2025 to 2030. Other estimates place the market at USD 241.1 billion in 2024, expected to reach USD 535.29 billion by 2033 (CAGR of 8.30% from 2025-2033).
Mobile Gaming Market
- The global mobile gaming market was estimated at USD 139.38 billion in 2024 and is projected to reach USD 256.19 billion by 2030, with a CAGR of 10.2% from 2025 to 2030.
- Another report values the global mobile gaming market at USD 106.53 billion in 2024, forecasting growth to USD 232.58 billion by 2032 with a CAGR of 9.78% during the forecast period.
- In 2024, mobile gaming accounted for USD 164.01 billion, representing 54.86% of the global video game market.
- The Asia Pacific region dominated the mobile gaming market, holding the largest revenue share of 52.30% in 2024.
- Take-Two's acquisition of Zynga significantly expanded its presence in this market, with Zynga's revenue reaching C$3.96 billion as of November 2025.
PC Gaming Market
- The global PC gaming market was valued at USD 76.73 billion in 2024, projected to increase to USD 86.12 billion in 2025 and reach USD 152.16 billion by 2032, demonstrating a CAGR of 8.47% from 2025-2032.
- Another estimate indicates a market size of USD 61.84 billion in 2024, with a projection to reach USD 129.93 billion by 2030, growing at a CAGR of 13.5% from 2025 to 2030.
- PC games represented approximately 23% of the total gaming market in 2024.
- Asia Pacific held the largest share of the PC gaming market, at 46.7% in 2024.
Console Gaming Market
- The global gaming console market was valued at USD 60 billion in 2024 and is projected to grow to USD 94 billion by 2030, expanding at a CAGR of 7.8% from 2025 to 2030.
- Other data estimates the global gaming console market size at USD 56.25 billion in 2024, with an expected growth to USD 112.74 billion by 2034 at a CAGR of 7.20% from 2025-2034.
- Console games constituted roughly 28% of the total gaming market in 2024.
- North America accounts for 35% of the console market in 2024. Historically, Asia Pacific has also held a significant share.
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Here are 3-5 expected drivers of future revenue growth for Take-Two Interactive Software (TTWO) over the next 2-3 years:- Launch of Grand Theft Auto VI (GTA VI): The highly anticipated release of Grand Theft Auto VI is expected to be a significant catalyst for revenue growth, with its launch scheduled for November 19, 2026. This major title is repeatedly cited as a key contributor to future financial performance and is projected to help the company achieve new record levels of net bookings.
- Continued Growth in Key Franchises (NBA 2K): The ongoing strong performance of established franchises, particularly NBA 2K, is a crucial driver. Recent releases like NBA 2K26 have shown robust product performance, leading to double-digit increases in unit sales and higher average selling prices due to premium editions. This franchise has also seen significant growth in daily active users and recurrent consumer spending.
- Expansion and Performance in Mobile Gaming: Take-Two's mobile gaming segment is demonstrating robust performance and is expected to be a significant contributor to recurrent consumer spending growth. The company has increased its Net Bookings forecast for Fiscal Year 2026, highlighting strong performance in mobile gaming.
- Launch of New Titles: Beyond its tentpole franchises, Take-Two plans to release a pipeline of new games. The company anticipates releasing 13 titles in FY2026, with expected significant contributions from upcoming games such as Mafia: The Old Country and Borderlands 4, which will diversify and strengthen revenue streams.
- Growth in Recurrent Consumer Spending (RCS): An increase in recurrent consumer spending, which includes sales from digital add-ons, virtual currency, and in-game purchases, is a vital growth driver. This area is forecast to grow approximately 11%, driven by the strong performance in titles like NBA 2K and various mobile games.
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Share Repurchases
- In September 2021, Take-Two's Board of Directors authorized a strategic share repurchase program of up to $500 million. As of October 27, 2024, approximately $301 million remained available under this program.
- An anti-dilutive share repurchase program of up to $250 million was authorized in September 2024, replacing a prior June 2021 program. Approximately $206 million remained available under this authorization as of October 27, 2024.
- Take-Two repurchased 1.3 million shares for $200 million during fiscal year 2022. No shares were repurchased in fiscal years 2023 and 2024.
Share Issuance
- As part of the $12.7 billion acquisition of Zynga Inc., completed in May 2022, Take-Two issued shares of its common stock to Zynga stockholders.
- In May 2025, Take-Two announced a public offering of 4,750,000 shares of common stock at $225.00 each, aiming to raise approximately $1.04 billion for general corporate purposes, including debt repayment and potential acquisitions.
- The number of shares outstanding increased from 0.16 billion in 2022 to 0.175 billion in 2025, reflecting a 36.9% increase from 2022 to 2023, a 6.38% increase from 2023 to 2024, and a 2.94% increase from 2024 to 2025.
Inbound Investments
- The Public Investment Fund of Saudi Arabia acquired 3.9 million shares of Take-Two in February 2021, valued at $826 million.
Outbound Investments
- Take-Two Interactive acquired Zynga Inc. for approximately $12.7 billion, a deal announced in January 2022 and closed in May 2022, to significantly expand its presence in mobile gaming.
- In June 2021, the company acquired Nordeus, a mobile game developer, for $378 million.
- Take-Two acquired Gearbox Software in March 2024 for $460 million, financed through the issuance of newly issued shares of Take-Two common stock.
Capital Expenditures
- Capital expenditures were $68.9 million in fiscal year 2021, $158.6 million in fiscal year 2022, $204.2 million in fiscal year 2023, $141.7 million in fiscal year 2024, and $169.4 million in fiscal year 2025.
- For fiscal year 2026, Take-Two anticipates capital expenditures of approximately $140 million to $145 million.
- The primary focus of capital expenditures is on game technology and office buildouts.
Latest Trefis Analyses
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|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to TTWO. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.0% | 1.0% | -1.4% | |
| 11212025 | TMUS | T-Mobile US | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -6.1% | -6.1% | -6.4% |
| 11212025 | Z | Zillow | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -3.5% | -3.5% | -5.1% |
| 11072025 | IRDM | Iridium Communications | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 8.7% | 8.7% | -5.6% |
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -27.7% | -27.7% | -29.8% |
| 11302019 | TTWO | Take-Two Interactive Software | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 12.2% | 45.4% | -17.5% |
| 05312019 | TTWO | Take-Two Interactive Software | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 12.2% | 25.9% | -7.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Take-Two Interactive Software
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 216.11 |
| Mkt Cap | 1,243.5 |
| Rev LTM | 97,215 |
| Op Inc LTM | 38,718 |
| FCF LTM | 7,567 |
| FCF 3Y Avg | 11,780 |
| CFO LTM | 42,516 |
| CFO 3Y Avg | 27,873 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 14.8% |
| Rev Chg 3Y Avg | 13.2% |
| Rev Chg Q | 24.8% |
| QoQ Delta Rev Chg LTM | 5.8% |
| Op Mgn LTM | 14.2% |
| Op Mgn 3Y Avg | 13.4% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 28.2% |
| CFO/Rev 3Y Avg | 25.8% |
| FCF/Rev LTM | 24.4% |
| FCF/Rev 3Y Avg | 20.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1,243.5 |
| P/S | 9.8 |
| P/EBIT | 28.1 |
| P/E | 34.4 |
| P/CFO | 34.4 |
| Total Yield | 2.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.4% |
| D/E | 0.0 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.7% |
| 3M Rtn | -0.6% |
| 6M Rtn | 6.2% |
| 12M Rtn | 36.4% |
| 3Y Rtn | 158.5% |
| 1M Excs Rtn | -3.6% |
| 3M Excs Rtn | -2.4% |
| 6M Excs Rtn | -8.1% |
| 12M Excs Rtn | 19.5% |
| 3Y Excs Rtn | 74.8% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $248.58 | |
| Market Cap ($ Bil) | 45.9 | |
| First Trading Date | 04/15/1997 | |
| Distance from 52W High | -5.2% | |
| 50 Days | 200 Days | |
| DMA Price | $247.50 | $234.26 |
| DMA Trend | up | down |
| Distance from DMA | 0.4% | 6.1% |
| 3M | 1YR | |
| Volatility | 26.1% | 30.7% |
| Downside Capture | 55.91 | 37.23 |
| Upside Capture | 42.58 | 62.14 |
| Correlation (SPY) | 33.2% | 38.4% |
TTWO Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.74 | 0.63 | 0.62 | 0.65 | 0.61 | 0.78 |
| Up Beta | 1.70 | 1.33 | 1.11 | 1.23 | 0.57 | 0.65 |
| Down Beta | 0.75 | 0.65 | 0.60 | 0.57 | 0.78 | 0.91 |
| Up Capture | 16% | 15% | 51% | 44% | 52% | 70% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 10 | 21 | 33 | 62 | 131 | 411 |
| Down Capture | 68% | 64% | 45% | 51% | 55% | 90% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 9 | 20 | 29 | 62 | 116 | 338 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of TTWO With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| TTWO | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 33.7% | 17.3% | 14.7% | 67.3% | 6.8% | -0.5% | -16.6% |
| Annualized Volatility | 30.6% | 18.8% | 19.7% | 19.3% | 15.2% | 17.6% | 35.4% |
| Sharpe Ratio | 0.96 | 0.72 | 0.57 | 2.54 | 0.23 | -0.18 | -0.25 |
| Correlation With Other Assets | 45.8% | 39.0% | 10.8% | 13.1% | 25.7% | 20.5% | |
ETFs used for asset classes: Sector ETF = XLC, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of TTWO With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| TTWO | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 5.0% | 12.9% | 15.0% | 18.9% | 11.8% | 5.1% | 35.8% |
| Annualized Volatility | 31.9% | 20.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.9% |
| Sharpe Ratio | 0.21 | 0.53 | 0.71 | 0.98 | 0.51 | 0.18 | 0.63 |
| Correlation With Other Assets | 48.6% | 43.4% | 9.8% | 9.8% | 30.3% | 20.5% | |
ETFs used for asset classes: Sector ETF = XLC, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of TTWO With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| TTWO | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 21.6% | 13.0% | 14.9% | 14.9% | 6.7% | 5.5% | 69.9% |
| Annualized Volatility | 33.8% | 22.6% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.67 | 0.53 | 0.71 | 0.84 | 0.30 | 0.23 | 0.90 |
| Correlation With Other Assets | 52.5% | 44.9% | 7.9% | 11.7% | 28.6% | 14.8% | |
ETFs used for asset classes: Sector ETF = XLC, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -8.1% | -5.9% | -1.5% |
| 8/7/2025 | -4.0% | 2.9% | 9.8% |
| 5/15/2025 | -2.4% | -2.7% | 2.7% |
| 2/6/2025 | 14.0% | 14.8% | 10.3% |
| 11/6/2024 | 7.5% | 9.2% | 13.9% |
| 8/8/2024 | 4.4% | 5.5% | 12.6% |
| 5/16/2024 | 1.2% | 4.3% | 7.7% |
| 2/8/2024 | -8.7% | -7.5% | -14.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 13 |
| # Negative | 11 | 11 | 9 |
| Median Positive | 5.9% | 7.3% | 8.7% |
| Median Negative | -5.9% | -5.9% | -9.6% |
| Max Positive | 14.0% | 14.8% | 14.6% |
| Max Negative | -11.9% | -12.2% | -22.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11072025 | 10-Q 9/30/2025 |
| 6302025 | 8072025 | 10-Q 6/30/2025 |
| 3312025 | 5202025 | 10-K 3/31/2025 |
| 12312024 | 2072025 | 10-Q 12/31/2024 |
| 9302024 | 11072024 | 10-Q 9/30/2024 |
| 6302024 | 8092024 | 10-Q 6/30/2024 |
| 3312024 | 5222024 | 10-K 3/31/2024 |
| 12312023 | 2092024 | 10-Q 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8092023 | 10-Q 6/30/2023 |
| 3312023 | 5262023 | 10-K 3/31/2023 |
| 12312022 | 2072023 | 10-Q 12/31/2022 |
| 9302022 | 11082022 | 10-Q 9/30/2022 |
| 6302022 | 8092022 | 10-Q 6/30/2022 |
| 3312022 | 5172022 | 10-K 3/31/2022 |
| 12312021 | 2082022 | 10-Q 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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