Take-Two Interactive Software's (TTWO) Buy Rating Reiterated at BTIG Research

Key Points

• BTIG Research reiterated its Buy rating on Take-Two and set a $262 price target, implying 26.33% upside from the current share price.
• Analyst sentiment is broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average target price of $289.05.
• Strong GTA VI preorder demand is a positive signal, but Take-Two maintained its fiscal 2027 bookings outlook, while recent bookings and revenue figures showed near-term weakness.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report)'s stock had its "buy" rating reissued by BTIG Research in a report issued on Tuesday, Benzinga reports. They currently have a $262.00 target price on the stock. BTIG Research's target price suggests a potential upside of 26.33% from the stock's current price.

A number of other research analysts have also recently issued reports on the company. The Goldman Sachs Group lifted their target price on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Zacks Research cut shares of Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Roth Capital raised their price target on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Wedbush reaffirmed an "outperform" rating and set a $280.00 price target on shares of Take-Two Interactive Software in a report on Monday, November 2nd. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Take-Two Interactive Software in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $289.05.

Take-Two Interactive Software Trading Down 3.5%

Shares of NASDAQ:TTWO opened at $207.40 on Tuesday. Take-Two Interactive Software has a 12-month low of $183.86 and a 12-month high of $265.94. The business has a 50 day moving average of $206.97 and a 200-day moving average of $218.96. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock has a market cap of $38.78 billion, a PE ratio of -119.88, a P/E/G ratio of 1.55 and a beta of 0.93.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its earnings results on Monday, November 9th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by ($1.25). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter last year, the business posted ($0.73) EPS. Take-Two Interactive Software's revenue for the quarter was down 18.4% on a year-over-year basis. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities research analysts forecast that Take-Two Interactive Software will post 5.19 earnings per share for the current year.

Insider Activity

In related news, Director LaVerne Srinivasan sold 362 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the transaction, the director owned 8,357 shares in the company, valued at $2,047,548.57. This trade represents a 4.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 744 shares of the firm's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $217.03, for a total transaction of $161,470.32. Following the completion of the transaction, the insider owned 112,327 shares of the company's stock, valued at approximately $24,378,328.81. This trade represents a 0.66% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last ninety days, insiders sold 13,636 shares of company stock valued at $2,825,391. 1.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of institutional investors have recently added to or reduced their stakes in the business. Silicon Valley Capital Partners acquired a new position in Take-Two Interactive Software in the 2nd quarter valued at approximately $25,000. Mosley Wealth Management lifted its holdings in shares of Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company's stock worth $27,000 after purchasing an additional 80 shares during the period. Washington Trust Advisors Inc. lifted its holdings in shares of Take-Two Interactive Software by 116.4% during the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock worth $30,000 after purchasing an additional 64 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software during the second quarter worth $32,000. Finally, Burkett Financial Services LLC bought a new stake in shares of Take-Two Interactive Software in the third quarter worth $28,000. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software News Roundup

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

• Positive Sentiment: CEO Strauss Zelnick said GTA VI preorders are at unprecedented levels and tracking far above expectations, a significant demand signal ahead of the game’s scheduled November 19 launch. Article: Grand Theft Auto 6 pre-orders are tracking far above expectations
• Positive Sentiment: Take-Two reiterated fiscal 2027 net bookings guidance of $8.0 billion to $8.2 billion despite the strong preorder commentary. Some investors may see the unchanged forecast as conservative if launch demand translates into stronger-than-expected bookings. Article: Take-Two reiterates FY2027 net bookings guidance
• Neutral Sentiment: Investor focus is likely to remain on whether GTA VI meets high expectations at launch and whether the company’s outlook is revised as sales data develops.
• Negative Sentiment: Second-quarter net bookings were $1.6 billion, slightly below initial guidance. Reports also highlighted lower year-over-year revenue and a shortfall against analyst expectations, while Take-Two’s next-quarter bookings outlook was reported below estimates—potential near-term headwinds despite the blockbuster launch approaching. Article: Take-Two projects third-quarter bookings below estimates

About Take-Two Interactive Software

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga.

The company's portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.

Founded in 1993 and headquartered in New York City, Take-Two acquired mobile-game publisher Zynga in 2022.

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