Take-Two Interactive Software’s (TTWO) “Buy” Rating Reaffirmed at DA Davidson

Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “buy” rating reaffirmed by stock analysts at DA Davidson in a report released on Monday,Benzinga reports. They presently have a $300.00 price objective on the stock. DA Davidson’s price objective suggests a potential upside of 18.27% from the stock’s current price.

Other analysts have also recently issued reports about the company. Robert W. Baird boosted their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday. Oppenheimer reiterated an “outperform” rating and set a $280.00 target price on shares of Take-Two Interactive Software in a research report on Monday. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Wells Fargo & Company reissued an “overweight” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday. Finally, Raymond James Financial set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $296.00.

Take-Two Interactive Software Price Performance

Shares of TTWO stock traded up $7.16 during mid-day trading on Monday, hitting $253.66. 1,538,298 shares of the stock were exchanged, compared to its average volume of 2,269,392. Take-Two Interactive Software has a 52-week low of $187.63 and a 52-week high of $265.94. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The company has a market cap of $47.43 billion, a PE ratio of -146.78, a price-to-earnings-growth ratio of 4.58 and a beta of 0.97. The firm has a fifty day moving average of $236.34 and a 200 day moving average of $221.36.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. Take-Two Interactive Software’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.07) EPS. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Research analysts anticipate that Take-Two Interactive Software will post 5.38 earnings per share for the current year.

Insider Activity

In related news, President Karl Slatoff sold 208,969 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the completion of the sale, the president owned 1,006,021 shares of the company’s stock, valued at approximately $228,708,814.14. This represents a 17.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon J. Moses sold 500 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $215.22, for a total transaction of $107,610.00. Following the completion of the sale, the director owned 22,368 shares of the company’s stock, valued at approximately $4,814,040.96. The trade was a 2.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 569,936 shares of company stock valued at $128,431,438 in the last ninety days. 1.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. MCF Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $25,000. Mosley Wealth Management boosted its position in shares of Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares during the last quarter. GHP Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $28,000. Meeder Asset Management Inc. purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $32,000. Finally, Essential Partners LLC grew its holdings in shares of Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after purchasing an additional 130 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Key Headlines Impacting Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Analysts remain bullish: Wedbush reaffirmed its “outperform” rating and set a $300 price target, while Robert W. Baird raised its target to $270 and also maintained an “outperform” rating. Benzinga analyst rating updates
• Positive Sentiment: GTA VI momentum is building: Take-Two said record preorders are supporting expectations for the game’s November 19 launch. BTIG believes the potential earnings lift from GTA VI is not yet fully reflected in TTWO’s valuation. BTIG GTA VI analysis
• Neutral Sentiment: Forecasts were maintained: Management kept fiscal 2027 net bookings guidance at $8.0 billion-$8.2 billion, leaving the investment case heavily dependent on GTA VI execution and launch demand. Zacks TTWO earnings call analysis
• Negative Sentiment: Near-term results were softer: First-quarter net bookings declined 3% year over year, while console hardware shortages and higher prices created additional uncertainty around the upcoming launch. Investors are reassessing the results because guidance did not receive a boost from GTA VI. MarketBeat Take-Two Q1 results analysis
• Negative Sentiment: Valuation is a risk: One analysis characterized TTWO as roughly 9% stretched following confirmation of the GTA VI launch, suggesting some of the anticipated benefit may already be priced into the shares. Yahoo Finance TTWO valuation analysis

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.