Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock Has Consensus Target Price of $289.95 According to Analysts

Key Points

• Analysts remain broadly bullish: Take-Two has a “Moderate Buy” consensus from 25 analysts, including 22 buy ratings, with an average 12-month price target of $289.95.
• Shares have declined: TTWO opened at $190.17, down 1.7%, and is trading closer to its 52-week low of $183.86 than its high of $265.94.
• Quarterly results were mixed: Revenue reached $1.53 billion, beating estimates, but adjusted EPS of negative $0.18 missed expectations of $0.33; insiders sold approximately $12.9 million of stock over the past three months.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-five analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-two have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $289.95.

Several research analysts have recently weighed in on TTWO shares. JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an "overweight" rating and a $310.00 price target on the stock. Oppenheimer restated an "outperform" rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. Wedbush reaffirmed an "outperform" rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Roth Capital lifted their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Finally, Zacks Research lowered Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 484 shares of the business's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $203.69, for a total transaction of $98,585.96. Following the completion of the transaction, the director directly owned 66,010 shares in the company, valued at approximately $13,445,576.90. The trade was a 0.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director LaVerne Srinivasan sold 362 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the completion of the sale, the director directly owned 8,357 shares of the company's stock, valued at $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 53,636 shares of company stock valued at $12,930,991. Company insiders own 1.12% of the company's stock.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Silicon Valley Capital Partners bought a new stake in Take-Two Interactive Software in the second quarter worth about $25,000. Mosley Wealth Management boosted its position 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 valued at $27,000 after buying an additional 80 shares during the period. Burkett Financial Services LLC bought a new position in shares of Take-Two Interactive Software during the third quarter valued at approximately $28,000. Washington Trust Advisors Inc. grew its stake 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 valued at $30,000 after buying an additional 64 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Take-Two Interactive Software in the second quarter worth approximately $32,000. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Down 1.7%

TTWO stock opened at $190.17 on Friday. The company has a market cap of $35.56 billion, a price-to-earnings ratio of -109.92, a P/E/G ratio of 1.41 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The business's 50-day moving average is $210.49 and its two-hundred day moving average is $220.09. Take-Two Interactive Software has a fifty-two week low of $183.86 and a fifty-two week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the firm earned ($0.07) earnings per share. The company'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. As a group, analysts forecast that Take-Two Interactive Software will post 5.19 earnings per share for the current year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.

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