With major catalysts ahead, Take-Two Interactive (TTWO) could push higher.

For one, it’ll join the NASDAQ-100 on December 18. Two, the gaming stock is exploding in anticipation of the latest Grand Theft Auto release, which could do about a billion dollars in sales within weeks of its launch. In fact, for an idea of how popular GTA is, the new game’s trailer notched four million views within hours of its launch on YouTube.

Analysts like TTWO, too.

TD Cowen named Take-Two as a “best idea for 2024” with the firm highlighting catalysts that include the release of “GTA VI” in early 2025, as well as what it expects to be “the industry’s most robust pipeline in general over the next several years,” as noted by TheFly.com. The firm currently has an outperform rating on the stock with a $173 price target.

JP Morgan raised its price target on the stock to $165 from $162, with an overweight rating. The firm noted, “The company’s fiscal 2025 guidance for $8B-plus in bookings implies a substantial ramp-up in content before March 2025.”

UBS also raised its price target on TTWO to $151 from $130 a share.

“With 15 mobile, 14 immersive core, and 3 mid-core games in the pipeline and a backdrop of improving console sales, the firm is “incrementally constructive” on the FY25-26 bookings inflection ‘on the back of all but formally announced GTA VI,’” UBS told investors.