Take-Two Forecast Signals Mobile Gaming Industry Rebound

Published on August 8, 2025

Take-Two Interactive’s shares surged 3.5% after the company issued an upgraded forecast, pointing to a revival in mobile gaming following a lull after the pandemic.

Key Highlights

• A 17% increase in bookings during its fiscal Q1 (April–June), led by mobile titles like Match Factory, Color Block Jam, and Toon Blast.
• Growing investor confidence tied to its 2022 acquisition of Zynga for US $12.7 billion.
• Analysts at TD Cowen noted that raising forecasts after a strong quarter is uncommon, underscoring Take-Two's strong momentum.
• Industry in-app purchase revenue rose to US $81.7 billion in 2024, up from US $78.6 billion in 2023.
• Major upcoming releases—including Mafia: The Old Country, Borderlands 4, and Grand Theft Auto VI—are expected to further fuel company success.

“We’ve seen so much momentum in a lot of our big titles… since the fourth quarter of last year,” CFO Lainie Goldstein said.

Context

Mobile gaming, once a post-pandemic growth engine, had slowed due to increased outdoor activity and inflation. Take-Two’s recorded rebound signals renewed player engagement and spending—with heavy-hit mobile titles leading the charge. Coupled with major console/PC releases planned across its labels, the company appears well-positioned for sustained growth.

Source: Reuters