Take-Two Interactive Software (NASDAQ:TTWO) Hits New 1-Year High - Still a Buy?

Key Points

• Take-Two Interactive Software shares reached a new 52-week high of $250.96, showing a strong performance with a recent trading price of $247.59.
• Several analysts have raised their price targets for the stock, with Bank of America setting a new target of $285.00 and both Benchmark and JPMorgan Chase targeting $275.00.
• The company reported a quarterly earnings per share of $0.61, surpassing analysts' expectations and demonstrating a significant increase in revenue year-over-year.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $250.96 and last traded at $247.59, with a volume of 439439 shares changing hands. The stock had previously closed at $247.25.

Analysts Set New Price Targets

A number of research analysts have weighed in on TTWO shares. Bank of America lifted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Benchmark boosted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. upped their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Wells Fargo & Company assumed coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They issued an "overweight" rating and a $265.00 price target on the stock. Finally, Wall Street Zen cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Eighteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $248.32.

Take-Two Interactive Software Stock Up 0.6%

The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market cap of $45.87 billion, a P/E ratio of -10.38, a price-to-earnings-growth ratio of 5.21 and a beta of 1.00. The firm's 50-day moving average price is $233.09 and its 200 day moving average price is $225.82.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the company earned ($1.52) EPS. Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. 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, research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total value of $239,570.00. Following the transaction, the director owned 21,901 shares in the company, valued at approximately $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $5,113,298.13. Following the completion of the transaction, the insider owned 129,792 shares in the company, valued at $29,523,786.24. This represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 141,411 shares of company stock valued at $32,430,724 in the last ninety days. 1.34% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTWO. Norges Bank acquired a new position in Take-Two Interactive Software during the second quarter valued at approximately $731,047,000. Nuveen LLC bought a new stake in shares of Take-Two Interactive Software in the first quarter valued at approximately $288,410,000. Price T Rowe Associates Inc. MD boosted its position in shares of Take-Two Interactive Software by 425.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after acquiring an additional 1,158,783 shares during the period. Vanguard Group Inc. boosted its position in shares of Take-Two Interactive Software by 4.5% in the second quarter. Vanguard Group Inc. now owns 20,768,874 shares of the company's stock valued at $5,043,721,000 after acquiring an additional 903,385 shares during the period. Finally, Contour Asset Management LLC bought a new stake in shares of Take-Two Interactive Software in the first quarter valued at approximately $180,701,000. Institutional investors and hedge funds own 95.46% of the company's stock.

About Take-Two Interactive Software

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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