Take-Two trades at 5.7x revenue ahead of GTA VI release
TTWO Take-Two Interactive Software Inc
$231.31 +2.97%
View chart & analysis → - 1CEO Strauss Zelnick said GTA VI pre-orders are significantly exceeding initial expectations.
- 2Take-Two reaffirmed its net bookings guidance for fiscal year 2027 at $8 billion to $8.2 billion, an increase of approximately 21% year-over-year.
- 3The company is trading at 5.7 times its revenue as of the November 9 closing price.
So what's the key point?
Game pre-orders for Take-Two are performing much better than expected. The company's stock is trading at about 5.7 times its revenue.
Source The Motley Fool +1 · View original ↗
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