Take-Two Interactive Software (NASDAQ:TTWO) Hits New 52-Week High - What's Next?

Key Points

• Take-Two Interactive Software (NASDAQ:TTWO) reached a new 52-week high of $255.33 amid increased trading activity, indicating strong market interest in the stock.
• Wall Street analysts have a positive outlook on Take-Two, with multiple firms raising their price targets, including Bank of America, which set a target of $285, rating it as a "buy."
• In its recent earnings report, Take-Two surpassed expectations with $1.50 billion in revenue and earnings of $0.61 per share, highlighting a 16.4% increase in quarterly revenue year-over-year.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $255.33 and last traded at $254.99, with a volume of 178205 shares trading hands. The stock had previously closed at $250.85.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TTWO. Citigroup upped their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Raymond James Financial upped their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. UBS Group increased their target price 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. Bank of America increased their target price on shares of 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, Wedbush increased their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target of $248.32.

Take-Two Interactive Software Stock Up 0.3%

The stock has a market capitalization of $46.42 billion, a PE ratio of -10.51, a price-to-earnings-growth ratio of 5.32 and a beta of 1.00. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The company's 50-day moving average is $234.29 and its 200 day moving average is $227.27.

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

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 45,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the completion of the transaction, the chief executive officer directly owned 281,495 shares of the company's stock, valued at approximately $65,081,644. This trade represents a 13.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The disclosure for this sale can be found here. Insiders sold a total of 141,825 shares of company stock worth $32,532,671 in the last ninety days. 1.34% of the stock is owned by company insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Several institutional investors have recently made changes to their positions in TTWO. Moody Lynn & Lieberson LLC grew its stake in Take-Two Interactive Software by 0.9% in the 1st quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock valued at $1,050,000 after acquiring an additional 45 shares during the period. STF Management LP grew its stake in Take-Two Interactive Software by 1.8% in the 2nd quarter. STF Management LP now owns 2,616 shares of the company's stock valued at $635,000 after acquiring an additional 46 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Take-Two Interactive Software by 5.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 854 shares of the company's stock valued at $207,000 after acquiring an additional 47 shares during the period. SBI Securities Co. Ltd. grew its stake in Take-Two Interactive Software by 2.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,699 shares of the company's stock valued at $413,000 after acquiring an additional 48 shares during the period. Finally, Joel Isaacson & Co. LLC grew its stake in Take-Two Interactive Software by 3.1% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 1,631 shares of the company's stock valued at $396,000 after acquiring an additional 49 shares during the period. 95.46% of the stock is 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.