Is Take-Two Interactive Overvalued?
Take-Two Interactive (NASDAQ: TTWO) has seen its revenue more than double over the last five years, following the launch of Grand Theft Auto V in fiscal 2014. Strong sales of new games coupled with growing revenue from digitally delivered content has caused Take-Two to improve from a money loser to a cash-generating machine. For fiscal 2017, Take-Two generated $331 million in cash flow, up from $261 million the year before.
Investors love the progress on the bottom line, as the stock is up 90% over the last year, so it's a good time to pause and evaluate whether shares have gone too far, or if they're still a good investment. Let's examine Take-Two's valuation coupled with what lies in store for the future to answer that question.
Source: Fool.com
Take-Two Interactive Stock
The stock is an absolute favorite of our community with 39 Buy predictions and no Sell predictions.
With a target price of 250 € there is a positive potential of 20.42% for Take-Two Interactive compared to the current price of 207.6 €.
