Take-Two Interactive Software (TTWO)
Market Price (12/4/2025): $244.89 | Market Cap: $45.2 BilSector: Communication Services | Industry: Interactive Home Entertainment
Take-Two Interactive Software (TTWO)
Market Price (12/4/2025): $244.89Market Cap: $45.2 BilSector: Communication ServicesIndustry: Interactive Home Entertainment
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Megatrend and thematic driversMegatrends include Digital Content & Streaming. Themes include Gaming Content & Platforms. |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming. Themes include Gaming Content & Platforms. |
Valuation, Metrics & Events
TTWO Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
1. Strong Earnings Performance Exceeding Expectations.
Take-Two Interactive Software reported its quarterly earnings on November 6, 2025, with earnings per share (EPS) of $1.04, surpassing the consensus estimate of $0.91. The company also reported revenue of $1.77 billion, exceeding the analyst estimate of $1.71 billion, representing a 33.3% year-over-year increase.
2. Numerous Analyst Upgrades and Increased Price Targets.
During the period, several financial firms upgraded Take-Two Interactive Software's stock rating and increased their price targets. Arete Research upgraded TTWO to a "strong-buy" rating on December 3, 2025. Bank of America raised its price target from $260.00 to $285.00 with a "buy" rating around August 8, 2025. Jefferies Financial Group increased its price target from $270.00 to $300.00 on November 3, 2025, and Wedbush also lifted its target from $290.00 to $300.00 on November 7, 2025. Zacks Research upgraded the stock from "hold" to "strong-buy" on October 27, 2025.
3. Positive Company Outlook and Anticipated Game Releases.
Take-Two's Fiscal Year 2026 outlook projects continued positive momentum with Net Bookings guidance ranging from $5.9 billion to $6.0 billion. The company also announced plans for significant game releases in calendar year 2025, including Borderlands 4 on Nintendo Switch 2 on October 3, 2025, contributing to investor optimism.
4. Growth in Recurrent Consumer Spending.
The company reported a 9% growth in Net Bookings from recurrent consumer spending in its third quarter of fiscal year 2025 (ended December 31, 2024), which accounted for 79% of total Net Bookings. This indicates sustained player engagement and revenue stability, particularly with outperformance in titles like NBA 2K.
5. All-Time High Stock Price Reached in October 2025.
Take-Two Interactive Software (TTWO) reached its all-time high stock price of $264.79 on October 14, 2025, reflecting strong market confidence and positive momentum during the specified period.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TTWO Return | 70% | -14% | -41% | 55% | 14% | 34% | 102% |
| Peers Return | 134% | 7% | -31% | 45% | 22% | 34% | 310% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| TTWO Win Rate | 75% | 25% | 25% | 67% | 50% | 60% | |
| Peers Win Rate | 69% | 56% | 38% | 65% | 60% | 65% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| TTWO Max Drawdown | -18% | -30% | -47% | -2% | -16% | -3% | |
| Peers Max Drawdown | -16% | -20% | -40% | -7% | -11% | -13% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: NET, EA, VEEV, APPF, GVSE. 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 12/3/2025 (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 | 2092 days | 1480 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.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
Trade Ideas
Select past 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 | 2.9% | 2.9% | 0.0% | |
| 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 | 0.8% | 0.8% | -1.2% |
| 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 | 1.3% | 1.3% | 0.0% |
| 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 | -0.5% | -0.5% | -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 | -22.5% | -22.5% | -25.6% |
| 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% |
| 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 | 2.9% | 2.9% | 0.0% | |
| 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 | 0.8% | 0.8% | -1.2% |
| 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 | 1.3% | 1.3% | 0.0% |
| 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 | -0.5% | -0.5% | -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 | -22.5% | -22.5% | -25.6% |
| 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 | - |
| Mkt Cap | - |
| Rev LTM | - |
| Op Inc LTM | - |
| FCF LTM | - |
| FCF 3Y Avg | - |
| CFO LTM | - |
| CFO 3Y Avg | - |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | - |
| Rev Chg 3Y Avg | - |
| Rev Chg Q | - |
| QoQ Delta Rev Chg LTM | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | - |
| CFO/Rev 3Y Avg | - |
| FCF/Rev LTM | - |
| FCF/Rev 3Y Avg | - |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | - |
| P/S | - |
| P/EBIT | - |
| P/E | - |
| P/CFO | - |
| Total Yield | - |
| Dividend Yield | - |
| FCF Yield 3Y Avg | - |
| D/E | - |
| Net D/E | - |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | - |
| 3M Rtn | - |
| 6M Rtn | - |
| 12M Rtn | - |
| 3Y Rtn | - |
| 1M Excs Rtn | - |
| 3M Excs Rtn | - |
| 6M Excs Rtn | - |
| 12M Excs Rtn | - |
| 3Y Excs Rtn | - |
Comparison Analyses
Returns Analyses
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 |