JPMorgan Chase & Co. Reiterates “Overweight” Rating for Take-Two Interactive Software (NASDAQ:TTWO)

Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “overweight” rating reissued by equities researchers at JPMorgan Chase & Co. in a report released on Tuesday,Benzinga reports. They currently have a $310.00 price objective on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 22.25% from the stock’s previous close.

Several other equities analysts have also recently issued reports on TTWO. Bank of America boosted their target price on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Thursday. Wedbush reaffirmed an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday. Roth Capital increased their target price on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Oppenheimer increased their target price on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an “outperform” rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Stock Up 2.9%

Shares of TTWO stock opened at $253.57 on Tuesday. Take-Two Interactive Software has a twelve month low of $187.63 and a twelve month high of $265.94. The stock has a market cap of $47.41 billion, a P/E ratio of -146.57, a P/E/G ratio of 4.58 and a beta of 0.97. The stock has a 50 day moving average of $236.87 and a 200 day moving average of $221.45. The company has a current ratio of 1.06, a quick ratio of 1.24 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the company posted ($0.07) EPS. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. 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. As a group, sell-side analysts expect that Take-Two Interactive Software will post 5.38 EPS for the current year.

Insider Buying and Selling

In other news, Director Ellen F. Siminoff sold 334 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $252.53, for a total value of $84,345.02. Following the transaction, the director owned 1,833 shares in the company, valued at $462,887.49. This trade represents a 15.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the sale, the director directly owned 21,868 shares in the company, valued at $5,349,131.48. This represents a 2.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 569,936 shares of company stock worth $128,431,438 in the last quarter. 1.12% of the stock is owned by insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of large investors have recently modified their holdings of TTWO. Vanguard Group Inc. lifted its stake in shares of Take-Two Interactive Software by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after buying an additional 166,661 shares in the last quarter. BlackRock Inc. purchased a new stake in Take-Two Interactive Software during the 2nd quarter valued at about $4,560,679,000. State Street Corp raised its holdings in Take-Two Interactive Software by 3.5% in the 4th quarter. State Street Corp now owns 11,402,978 shares of the company’s stock valued at $2,919,362,000 after acquiring an additional 390,331 shares during the last quarter. Geode Capital Management LLC raised its holdings in Take-Two Interactive Software by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock valued at $1,242,204,000 after acquiring an additional 60,893 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Take-Two Interactive Software by 0.6% in the 4th quarter. Invesco Ltd. now owns 2,889,144 shares of the company’s stock worth $739,707,000 after purchasing an additional 16,758 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software News Roundup

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

• Positive Sentiment: GTA VI pre-orders are emerging as a major upside catalyst. Wedbush maintained its Outperform rating and $300 price target, saying the potential scale of the November 19 launch and Take-Two’s growing recurring-revenue base are not fully reflected in valuation. Take-Two Interactive’s GTA VI pre-orders emerge as potential upside driver, says Wedbush
• Positive Sentiment: Analysts continue to raise or reaffirm bullish price targets. Roth Capital raised its target to $300 with a Buy rating, while DA Davidson and Wedbush reiterated Buy/Outperform ratings and $300 targets. Robert W. Baird also lifted its target to $270 from $265 and maintained an Outperform rating. Analyst price-target updates
• Positive Sentiment: First-quarter operating trends showed strength in key franchises. Earnings exceeded expectations on NBA 2K and Grand Theft Auto performance, with console revenue increasing 16.3%. Management also maintained fiscal 2027 net bookings guidance of $8 billion to $8.2 billion while highlighting record GTA VI pre-orders. Take-Two Q1 Earnings Beat Estimates
• Neutral Sentiment: Valuation leaves room for debate. Wedbush argues TTWO trades at approximately 25 times fiscal 2028 consensus EPS and 23 times fiscal 2029 EPS, which could be reasonable if GTA VI materially expands earnings and recurring revenue. At the same time, the shares are already close to their one-year high, increasing sensitivity to execution and launch expectations.
• Negative Sentiment: Unchanged guidance and softer bookings temper the bullish reaction. Fiscal 2027 guidance was not increased despite the upcoming blockbuster release, while net bookings declined 3% year over year. Console hardware shortages and higher prices may also pressure near-term demand. Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
• Negative Sentiment: Some market participants view the stock as stretched after the GTA VI launch confirmation. This creates a risk that even strong pre-orders and launch results may already be partly reflected in TTWO’s price, potentially limiting additional gains unless expectations rise further. Take-Two Stock May Be Stretched Following GTA VI Launch Confirmation

Take-Two Interactive Software Company Profile

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.