Morgan Stanley analyst Matthew Cost has maintained their bullish stance on TTWO stock, giving a Buy rating today.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Matthew Cost has given his Buy rating due to a combination of factors, primarily driven by Take-Two’s strong financial performance and promising future prospects. The company’s recent quarterly results exceeded expectations, with significant contributions from popular titles such as NBA 2K, Grand Theft Auto (GTA) Online, and Zynga’s mobile games. NBA 2K, in particular, demonstrated impressive year-over-year growth, highlighting the effectiveness of recent enhancements and innovations.
Furthermore, despite the underperformance of Civilization VII, the overall strength in Take-Two’s core live services has bolstered confidence in the company’s ongoing strategy. The anticipated release of GTA VI, now scheduled for May 2026, is expected to be a major revenue driver, with strong initial interest suggesting substantial sales potential. These factors collectively underpin Matthew Cost’s optimistic outlook and Buy rating for Take-Two’s stock.
In another report released today, Roth MKM also maintained a Buy rating on the stock with a $265.00 price target.