The analyst was bullish on the company's growth potential, with the expected release or trailer announcement of Grand Theft Auto 6 (GTA 6) soon, which could address the uncertainty related to financial growth.

TTWO expects bookings to rise to $8 billion in FY25, which the analyst believed indicated a GTA 6 game release in the holiday season of 2024.

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Given the analyst's penetration analysis into 'gen 9' console install bases, he projected 35M+ unit sales in the first year of GTA 6 release. 

Marok was highly confident about the company's portfolio outside Rockstar and continued new releases.

Also, the analyst saw potential opportunities in other areas, including new installations of existing franchises (Civilization, BioShock), new IP and business models (Judas, Lego, and NFL) and Zynga (on stabilizing mobile market).

Related: Spotlight on Upcoming Game Releases for Take-Two and Electronic Arts: Analyst

The analyst estimated adjusted EPS of $3.21 for FY24 and $8.04 for FY25. Also, Marok saw revenue of $5,513 million for FY24 and $8,115 million for FY25.

Price Action: TTWO shares are trading higher by 0.33% at $144.72 on the last check Wednesday. 

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