Take-Two Interactive Software (NASDAQ:TTWO) Hits New 52-Week High - Time to Buy?

Key Points

• Take-Two Interactive Software shares reached a new 52-week high, trading at $246.04, reflecting an increase from a previous close of $239.68.
• Analysts show a mixed outlook with 18 buy ratings and a consensus price target of $248.32, while some firms have downgraded the stock.
• Take-Two reported a quarterly earnings per share (EPS) of $0.61, exceeding estimates and demonstrating a revenue increase of 16.4% compared to the same quarter last year.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $246.43 and last traded at $246.04, with a volume of 370568 shares trading hands. The stock had previously closed at $239.68.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TTWO shares. Wall Street Zen downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Bank of America boosted their price objective on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Finally, UBS Group raised their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Eighteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $248.32.

Take-Two Interactive Software Stock Up 3.5%

The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a 50 day simple moving average of $232.40 and a 200-day simple moving average of $224.28. The stock has a market capitalization of $45.76 billion, a price-to-earnings ratio of -10.36, a price-to-earnings-growth ratio of 6.03 and a beta of 1.00.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the company posted ($1.52) earnings per share. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. 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. On average, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In related news, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.68, for a total value of $11,155,181.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 22,479 shares of the firm's stock in a transaction dated 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 transaction, the insider owned 129,792 shares in the company, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 141,411 shares of company stock valued at $32,430,724. 1.34% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Several institutional investors have recently modified their holdings of TTWO. Norges Bank acquired a new stake in Take-Two Interactive Software in the 2nd quarter valued at approximately $731,047,000. Nuveen LLC bought a new position in Take-Two Interactive Software during the first quarter worth $288,410,000. Price T Rowe Associates Inc. MD boosted its position in Take-Two Interactive Software by 425.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock worth $296,640,000 after purchasing an additional 1,158,783 shares during the period. Vanguard Group Inc. grew its holdings in Take-Two Interactive Software by 4.5% in the 2nd quarter. Vanguard Group Inc. now owns 20,768,874 shares of the company's stock valued at $5,043,721,000 after buying an additional 903,385 shares in the last quarter. Finally, Contour Asset Management LLC acquired a new stake in Take-Two Interactive Software during the first quarter worth about $180,701,000. Institutional investors own 95.46% of the company's stock.

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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