TTWO Price Prediction Next Week
Based on the provided data and recent market developments, here's a comprehensive analysis for TTWO's price prediction for next week:
Technical Analysis
- Current price: $212.99 with RSI(14) at 65.16 indicating moderate bullish momentum
- MACD (12,26,9) shows positive trend with MACD at 7.80 and signal line at 6.32
- Bollinger Bands show:
- Middle Band: $199.13
- Upper Band: $237.86
- Lower Band: $160.40
- Price is trading above middle band with 0.66 bandwidth, suggesting potential for continued upward movement
News Sentiment & Fundamental Catalysts
- DA Davidson initiated coverage with Buy rating and $250 price target
- Strong Q3 earnings beat with EPS of $0.72 vs expected $0.57
- Confirmed Grand Theft Auto VI release for Fall 2025, a major catalyst
- Recent industry data shows 15% decline in gaming spending, but TTWO outperforming peers
Price Projection for Next Week
- Support levels: $208.83 (Fibonacci pivot), $200.13 (Fibonacci S1)
- Resistance levels: $217.53 (Fibonacci R1), $222.91 (Fibonacci R2)
Target Price Range:
- Bullish scenario (60% probability): $217-222
- Base scenario (30% probability): $210-215
- Bearish scenario (10% probability): $200-208
Trading Recommendation: BUY
- Entry point: Current price ($212.99)
- Stop loss: $208.80 (Below Fibonacci pivot)
- Take profit: $217.50 (First resistance)
Rationale: Strong technical setup combined with positive analyst coverage and confirmed GTA VI release timeline supports upward momentum. However, broader gaming industry weakness requires careful position management.
TTWO Similar Chart Price Prediction
The price of TTWO is predicted to go up -9.32%, based on the high correlation periods with TLYS. The similarity of these two price pattern on the periods is 98.63%.
TTWO
TLYS
Down: -9.32%Similarity: 98.63%
TTWO Revenue Forecast
TTWO EPS Forecast
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TTWO VS S&P500
Take-Two has established large franchises, such as Borderlands and NBA 2K, while revitalizing older ones, such as Xcom.
Grand Theft Auto is one of the largest and best-known video game franchises, with nearly 400 million units sold over its life.
The introduction of GTA Online and the development on add-on content has enabled the firm to monetize the game beyond the initial sale.
TTWO Analyst's Forecast
Martin Yang
Oppenheimer
Buy
2025-01-21
Price Target
$190 → $215
Upside
+16.13%
Oppenheimer raised the firm's price target on Take-Two to $215 from $190 and keeps an Outperform rating on the shares. The firm notes NBA 2K's healthier year-over-year comparable sales and stronger AAA slate for 2025 suggest that bookings trend will be OK ex-Rockstar. Despite a potentially more competitive year for PC/console gaming, Take-Two is relatively more insulated from competition based on its differentiated franchises and genre dominance, says Oppenheimer. The firm acknowledges that a GTA 6 delay is always a possibility, but such concern weighs far less on investors' mind than ever before.
Drew Crum
Stifel
Strong Buy
2025-01-21
Price Target
$220 → $223
Upside
+20.45%
Cory Carpenter
JP Morgan
Buy
2024-12-18
Price Target
$195 → $225
Upside
+23.69%
