DA Davidson Forecasts Strong Price Appreciation for Take-Two Interactive Software (NASDAQ:TTWO) Stock

Key Points

• DA Davidson has increased its price target for Take-Two Interactive Software from $270.00 to $300.00, suggesting a potential upside of 16.69% from the current stock price.
• Nineteen equities research analysts have rated Take-Two with a Buy rating, indicating strong confidence in the stock's future performance.
• Take-Two reported earnings of $0.61 per share for the last quarter, significantly exceeding analyst estimates of $0.28, with revenue up 16.4% year-over-year.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) had its price objective hoisted by DA Davidson from $270.00 to $300.00 in a report released on Thursday,Briefing.com Automated Import reports. The brokerage currently has a "buy" rating on the stock. DA Davidson's price objective would suggest a potential upside of 16.69% from the company's current price.

Several other equities research analysts also recently weighed in on the company. UBS Group increased their price target on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Citigroup raised their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. CICC Research began coverage on Take-Two Interactive Software in a report on Tuesday, September 30th. They set an "outperform" rating and a $272.00 price objective on the stock. Raymond James Financial raised their price objective on Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Finally, Wedbush raised their price objective on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Nineteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $251.60.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock traded down $0.98 during midday trading on Thursday, reaching $257.10. 241,982 shares of the stock traded hands, compared to its average volume of 1,944,433. The stock's fifty day moving average is $240.35 and its 200-day moving average is $231.02. Take-Two Interactive Software has a 12 month low of $152.27 and a 12 month high of $262.19. The stock has a market cap of $47.43 billion, a P/E ratio of -10.73, a PEG ratio of 5.53 and a beta of 1.01. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.33. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the company earned ($1.52) EPS. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. As a group, equities research analysts anticipate that Take-Two Interactive Software will post 0.97 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the transaction, the chief executive officer owned 281,495 shares in the company, valued at $65,081,644. The trade was a 13.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $528,867.75. Following the completion of the transaction, the director owned 9,063 shares of the company's stock, valued at approximately $2,061,560.61. This represents a 20.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 141,825 shares of company stock worth $32,532,671 over the last quarter. Company insiders own 1.34% of the company's stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Large investors have recently bought and sold shares of the company. Blue Trust Inc. grew its position in shares of Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company's stock valued at $26,000 after purchasing an additional 53 shares in the last quarter. ORG Partners LLC grew its position in shares of Take-Two Interactive Software by 115.7% in the second quarter. ORG Partners LLC now owns 110 shares of the company's stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $27,000. LGT Financial Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $34,000. Finally, 1 North Wealth Services LLC purchased a new stake in shares of Take-Two Interactive Software in the first quarter valued at approximately $29,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.

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