Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $300.00

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective increased by Roth Capital from $295.00 to $300.00 in a report released on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently issued reports on TTWO. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. DA Davidson reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Raymond James Financial set a $300.00 target price on Take-Two Interactive Software in a report on Thursday, August 6th. Finally, Wedbush restated an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $243.00 on Monday. 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 capitalization of $45.44 billion, a P/E ratio of -140.46, a P/E/G ratio of 1.70 and a beta of 0.97. Take-Two Interactive Software has a 12-month low of $187.63 and a 12-month high of $265.94. The firm has a 50-day moving average price of $237.98 and a two-hundred day moving average price of $221.55.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results 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 business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the business posted ($0.07) earnings per share. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. 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. Analysts anticipate that Take-Two Interactive Software will post 5.38 earnings per share for the current year.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 21,102 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $219.61, for a total transaction of $4,634,210.22. Following the completion of the sale, the insider directly owned 131,668 shares in the company, valued at $28,915,609.48. This represents a 13.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Michael Dornemann sold 1,151 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the sale, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. This represents a 5.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 609,936 shares of company stock valued at $138,537,038. 1.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. MCF Advisors LLC bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at approximately $28,000. Mosley Wealth Management grew its holdings 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 purchasing an additional 80 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter valued at approximately $32,000. Finally, MV Capital Management Inc. acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $34,000. Institutional investors 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: JPMorgan initiated coverage with an Overweight rating and a $310 price target, implying substantial upside from recent levels. DA Davidson reiterated its Buy rating, Wedbush assigned an Outperform rating, and Roth Capital raised its target to $300. The bullish view is centered on the potential commercial impact of GTA VI and Take-Two’s growing recurring-revenue base. JPMorgan coverage article DA Davidson rating article Wedbush rating article Roth Capital price target article
• Positive Sentiment: Institutional ownership remains strong, with BlackRock, Norges Bank, Bank of New York Mellon and Deutsche Bank recently establishing positions, while AQR Capital increased its stake. Such buying can reinforce confidence in Take-Two’s long-term outlook.
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data appears internally inconsistent, it offers little useful trading information.
• Negative Sentiment: CEO Strauss Zelnick sold 40,000 TTWO shares for approximately $10.1 million at an average price of $252.64. The sale may be routine, but it can weigh on sentiment, particularly after additional sizable sales reported in May and June. CEO insider sale article
• Negative Sentiment: Take-Two’s latest quarter included an adjusted EPS loss of $0.18, below the $0.33 consensus estimate, despite revenue of $1.53 billion exceeding expectations. Revenue also declined 2.1% year over year, leaving investors focused on execution and whether GTA VI expectations are already reflected in the stock’s elevated valuation.

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.