Rockstar Games Stock Symbol and Take-Two Interactive Overview

Rockstar Games is a renowned video game developer and publisher, but have you ever wondered what company owns them? The answer lies in the parent company, Take-Two Interactive.

Take-Two Interactive is a leading global video game company that has been around since 1993. It was founded by Strauss Zelnick and Ryan Brant, and has since become a household name in the gaming industry.

As the parent company of Rockstar Games, Take-Two Interactive is listed on the NASDAQ stock exchange under the ticker symbol TTWO.

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Take-Two Interactive is a leading game developer and publisher that owns Rockstar Games, the creators of Grand Theft Auto. The company has reported significant financial updates in 2024, with a 20% increase in total net bookings to $1.20 billion.

Take-Two's financial performance has been resilient in a competitive gaming market, with net revenue of $1.40 billion in the fourth quarter of fiscal year 2023, slightly down 3% year-over-year. However, the company faced challenges, including a reported loss of $22.01 per share in fiscal 2023.

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The company's stock price has risen 380% in the last five years, valuing Take2 at $20 billion. However, according to Stock Rover, Take-Two Interactive is overvalued, with a current margin of safety of -17%. Take-Two generates cash flow from Massive Multiplayer Online Games (MMOGs) like Grand Theft Auto Online and Grand Theft Auto V.

Take-Two's financial updates indicate confidence in their upcoming titles and ongoing sales momentum. The company expects to earn an adjusted 40 cents per share on net bookings of $1.45 billion for the current quarter ending September 30, 2024. Take-Two's portfolio includes several high-profile franchises, which are critical to its long-term financial strategy.

Here are some key financial metrics for Take-Two Interactive:

Take-Two's ownership of Rockstar Games has been a significant contributor to its financial success, with the Grand Theft Auto franchise being one of the most successful video game franchises of all time, with 145 million copies sold.

The stock symbol for Rockstar Games is TTWO, which represents Take Two Interactive Software Inc., commonly known as Take2Games.

Take2 trades on the NASDAQ stock exchange as TTWO, making it easily accessible for investors.

The current stock price of Take2 is around $170, which is a significant increase from its value five years ago.

According to Stock Rover, Take-Two Interactive is overvalued, with a margin of safety of -17%.

Here's a quick summary of the current stock price and its changes over the past few years:

Take-Two Interactive Software, the parent company of Rockstar Games, has seen significant growth in its stock price over the years.

The current share price of Take-Two Interactive Software is $185.51, with a 52-week high of $192.50 and a low of $135.24.

This indicates a relatively stable stock with a beta of 0.89, which means it tends to move in sync with the overall market.

The 1-month change in stock price is a -1.72% drop, while the 3-month and 1-year changes are 13.10% and 13.11% respectively.

Here's a breakdown of Take-Two Interactive Software's stock performance over different time periods:

The stock has seen a remarkable 13.11% increase in value over the past year, and a 67.13% increase over the past 5 years.