NEW YORK - The latest installment in the NBA 2K series, NBA 2K25, has been released worldwide, offering enhanced realism and control through its new ProPLAY technology. The game is now available on multiple platforms, including PlayStation 5, PlayStation 4, Xbox Series X|S, Xbox One, Nintendo Switch (NYSE:SWCH), and for the first time, PC.
NBA 2K25 promises an elevated gaming experience with 9,000 new animations inspired by actual NBA play, including an array of dribbling, shooting, and off-ball movements. The introduction of an all-new dribble engine is touted as one of the most significant gameplay enhancements in the past 15 years, aiming to provide players with a more realistic experience.
The City, a feature based on player input, has been reimagined to offer a more intimate and connected environment, including a competitive hub and new ranked mode Proving Grounds. MyTEAM, the game's team-building mode, has received one of its most extensive updates with the addition of Triple Threat Park and three other new modes, refreshing both single and multiplayer experiences.
MyCAREER mode challenges players to build a dynasty and compete against history's best NBA teams, while The W allows players to engage with WNBA legends and newcomers. MyNBA mode introduces The Steph Era, offering players the chance to relive or redefine the Golden State Warriors' championship legacy.
For newcomers, Learn 2K mode provides an educational tool to master the game's mechanics. NBA 2K25 also features a seasonal content system, with new rewards every six weeks and a soundtrack that updates with each new season.
This release is developed by Visual Concepts, a 2K studio, and is part of the portfolio of Take-Two (NASDAQ:TTWO) Interactive Software, Inc. (NASDAQ: TTWO). The game requires an internet connection for online features and includes optional in-game purchases.
The information presented in this article is based on a press release statement.
In other recent news, Take-Two Interactive has received significant attention due to the release schedule of upcoming video games, including "Borderlands 4" and "Mafia: The Old Country" slated for 2025, and "Sid Meier's Civilization VII" set for an early 2025 launch. Stifel has maintained a Buy rating for Take-Two, raising the price target to $191, and updated its financial estimates to reflect the expected launch timings of these titles. For fiscal year 2026, the non-GAAP EPS forecast has been increased to $7.82, up from the prior $7.12, on net bookings of $8.381 billion.
Redburn-Atlantic initiated coverage with a Buy rating, citing the anticipated financial contribution from the upcoming release of Grand Theft Auto VI. Meanwhile, TD Cowen maintained a Buy rating on Take-Two, following the announcement of Borderlands 4's planned release in 2025. Benchmark also increased its price target for the company, citing an acceleration in medium-term financial growth.
Additionally, Deutsche Bank reiterated its Buy rating on Take-Two, following the company's first-quarter fiscal year 2025 results, which showed a slight decrease in bookings and a marginal increase in adjusted operating income. Take-Two Interactive has also been dealing with a strike by voice actors and motion-capture artists from the Screen Actors Guild‐American Federation of Television and Radio Artists (SAG-AFTRA), but analysts from Wedbush Securities expect minimal impact due to the long development cycles of major games and the presence of in-house studios. These are recent developments for Take-Two Interactive.
InvestingPro Insights
Take-Two Interactive Software, Inc. (NASDAQ: TTWO), the parent company behind the newly released NBA 2K25, is navigating through a challenging financial landscape. According to real-time metrics from InvestingPro, the company's market capitalization stands at $27.76 billion. Despite the recent launch of NBA 2K25, Take-Two's revenue has seen a slight decline, with a revenue growth of -2.33% over the last twelve months as of Q1 2023. Nevertheless, the company's gross profit margin remains robust at 55.58%, indicating a strong ability to convert sales into profit.
InvestingPro Tips reveal that analysts have tempered their expectations, with 13 analysts revising their earnings estimates downwards for the upcoming period. This could be attributed to the company's performance over the last year, where it has not been profitable. Moreover, Take-Two's short-term obligations currently exceed its liquid assets, which may raise concerns about the company's liquidity in the immediate future. However, analysts remain optimistic about the company's profitability in the current year.
Investors should note that Take-Two operates with a moderate level of debt and does not pay a dividend, which might be a consideration for those seeking income from their investments. On the positive side, the company has delivered a high return over the last decade, which could be indicative of its long-term growth potential. For those interested in a deeper analysis, InvestingPro offers additional insights and metrics, with a total of 9 InvestingPro Tips available for TTWO at https://www.investing.com/pro/TTWO.
As Take-Two Interactive continues to innovate with releases like NBA 2K25, the company's financial health and market performance will be closely watched by investors and gamers alike. With a fair value estimate from analysts at $185 and an InvestingPro fair value of $132.93, the company's stock price and valuation multiples will be key metrics to monitor in the coming quarters.
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