Skip to Content
Morningstar
Get 14 Days Free

Take-Two Interactive Software Inc TTWO

Morningstar Rating
Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Stewardship

PREMIUM

U.S. Ban on WeChat and Tencent Could Have Major Implications for Video Game Industry

Neil Macker, CFA Senior Equity Analyst

Analyst Note

| Neil Macker, CFA |

U.S. President Donald Trump escalated the trade war with China via executive orders that ban U.S. transactions with the TikTok and WeChat apps and their respective owners, ByteDance and Tencent, effective 45 days from Aug. 7. While the president had been attacking TikTok, the addition of WeChat and Tencent to the ban was a surprise. The language in the orders is broad, and the specific banned transactions will be defined by the secretary of commerce before the 45-day deadline.

Read Full Analysis

Company Profile

Business Description

Found in 1993, Take-Two consists of two wholly owned labels, Rockstar Games and 2K. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (220 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom.".

Contact
110 West 44th Street
New York, NY, 10036
T +1 646 536-2842
Sector Communication Services
Industry Electronic Gaming & Multimedia
Most Recent Earnings Jun 30, 2020
Fiscal Year End Mar 31, 2020
Stock Type Aggressive Growth
Employees 5,800

Related

Stock Strategist Industry Reports
U.S. Ban Could Have Major Implications for Video Game Industry
While the president had been attacking TikTok, the addition of WeChat and Tencent to the ban was a surprise.
Neil Macker
Stock Strategist Industry Reports
Content Is Still King for Video Games
We expect it to drive growth despite new consumption methods and potential regulation.
Neil Macker
Premium Article
8 Recently Upgraded Stocks
Our analysts increased their fair value estimates on these stocks by more than 10% in June.
Susan Dziubinski
Stock Analyst Update
Substantial Fair Value Hike on Take-Two
We're raising our fair value estimate on the narrow-moat gamemaker based on the projected launch of 'Grand Theft Auto VI.'
Neil Macker
US Videos
4 Narrow-Moat Video Game Publishers to Watch
Though they're all richly priced today, these firms stand to benefit from the trend of watching video games, the rise of e-sports, and the increasing use of microtransactions.
Neil Macker
Stock Analyst Update
An Upgrade for Take-Two
We've raised our economic moat rating and fair value estimate on the video game publisher as it continues to benefit from its expanded portfolio.
Neil Macker
Market Update
Should You Stuff Your Stocking With Video Game Stocks?
The gaming industry is healthier than ever--and growth is expected to continue.
Bryan Borzykowski
Our Picks
25 Overstuffed Stocks
The most expensive U.S. stocks we cover aren't necessarily bad investments, but they feel a little rich today.
Karen Wallace
Stock Strategist
Although Overvalued, It's Far From Game Over for Electronic Arts
Activision Blizzard, Ubisoft, and Take-Two also have potential in plans to expand and reinvigorate franchises.
Neil Macker
Commentary
Avoid These Four Highflying Stocks
Stocks as a whole aren't outrageously expensive even after the recent runup, but these names have fallen firmly into the overvalued category.
Bearemy Glaser
Our Picks
Making Over Your Portfolio? Avoid These Lemons
These sour investment laggards may be worth tossing from your portfolio.
Esther Pak
Fund Spy
No Happy Holidays for Shareholders of These Funds
See who missed 2009's party.
Gregg Wolper
Stock Strategist
Our Outlook for the Software Sector
This sector offers enticing opportunities for long-term investors.
Rafael Garcia
Stock Strategist
Information Super Sector: Major Themes
Companies and industries we like in software, hardware, telecom, and media.
Haywood Kelly, CFA
Stock Strategist
Small Caps for the Picking
As the big boys gain favor, it's time to look for small fry.
Pat Dorsey
Stock Strategist
Three Video Game Firms with Long-Term Tailwinds
Bumps in the road may provide opportunities for long-term investors.
Toan Tran
Stock Analyst Update
Software Stocks Are Sizzling
But some of the best buys remain in the bargain bin.
Frank Stanton