Take-Two Interactive Software's (TTWO) "Overweight" Rating Reiterated at JPMorgan Chase & Co.

Key Points

• JPMorgan reiterated its “overweight” rating on Take-Two Interactive Software and set a $310 price target, implying approximately 22% upside. The broader analyst consensus remains “Buy,” with an average target of $296.95.
• Take-Two’s latest quarter produced $1.53 billion in revenue, exceeding expectations, but EPS of negative $0.18 missed estimates. Analysts and investors continue to view the anticipated GTA VI launch and pre-orders as major potential catalysts.
• Despite strong institutional ownership and bullish analyst sentiment, risks include softer net bookings, unchanged fiscal 2027 guidance, valuation near the 52-week high, and substantial recent insider selling.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report)'s stock had its "overweight" rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued on Tuesday,Benzinga reports. They presently have a $310.00 target price on the stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 22.25% from the company's current price.

Several other equities research analysts have also recently weighed in on the company. Raymond James Financial set a $300.00 price objective on Take-Two Interactive Software in a research note on Thursday. Roth Capital upped their price target on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a "buy" rating in a report on Monday. BMO Capital Markets reissued an "outperform" rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Wells Fargo & Company raised their target price on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an "overweight" rating in a research report on Monday. Finally, Piper Sandler reiterated an "overweight" rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Buy" and an average target price of $296.95.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $253.57 on Tuesday. Take-Two Interactive Software has a 52-week low of $187.63 and a 52-week high of $265.94. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The firm's 50-day moving average price is $236.87 and its 200-day moving average price is $221.45. The company has a market cap of $47.41 billion, a PE ratio of -146.57, a PEG ratio of 4.58 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. Take-Two Interactive Software's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.07) EPS. 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 anticipate that Take-Two Interactive Software will post 5.38 EPS for the current year.

Insider Activity at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 334 shares of the business's stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $252.53, for a total transaction of $84,345.02. Following the sale, the director directly owned 1,833 shares of the company's stock, valued at $462,887.49. The trade was a 15.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Dornemann sold 1,151 shares of the company's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the transaction, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. The trade was a 5.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 569,936 shares of company stock worth $128,431,438 in the last 90 days. 1.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC acquired a new position in Take-Two Interactive Software in the 1st quarter worth approximately $425,000. Empowered Funds LLC boosted its holdings in shares of Take-Two Interactive Software by 13.2% in the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company's stock valued at $688,000 after acquiring an additional 388 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Take-Two Interactive Software by 118.7% in the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company's stock worth $63,000 after acquiring an additional 165 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Take-Two Interactive Software during the second quarter worth $2,747,000. Finally, Jump Financial LLC lifted its position in Take-Two Interactive Software by 105.3% during the second quarter. Jump Financial LLC now owns 7,115 shares of the company's stock valued at $1,728,000 after purchasing an additional 3,650 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software News Roundup

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: GTA VI pre-orders are emerging as a major upside catalyst. Wedbush maintained its Outperform rating and $300 price target, saying the potential scale of the November 19 launch and Take-Two’s growing recurring-revenue base are not fully reflected in valuation. Take-Two Interactive's GTA VI pre-orders emerge as potential upside driver, says Wedbush
• Positive Sentiment: Analysts continue to raise or reaffirm bullish price targets. Roth Capital raised its target to $300 with a Buy rating, while DA Davidson and Wedbush reiterated Buy/Outperform ratings and $300 targets. Robert W. Baird also lifted its target to $270 from $265 and maintained an Outperform rating. Analyst price-target updates
• Positive Sentiment: First-quarter operating trends showed strength in key franchises. Earnings exceeded expectations on NBA 2K and Grand Theft Auto performance, with console revenue increasing 16.3%. Management also maintained fiscal 2027 net bookings guidance of $8 billion to $8.2 billion while highlighting record GTA VI pre-orders. Take-Two Q1 Earnings Beat Estimates
• Neutral Sentiment: Valuation leaves room for debate. Wedbush argues TTWO trades at approximately 25 times fiscal 2028 consensus EPS and 23 times fiscal 2029 EPS, which could be reasonable if GTA VI materially expands earnings and recurring revenue. At the same time, the shares are already close to their one-year high, increasing sensitivity to execution and launch expectations.
• Negative Sentiment: Unchanged guidance and softer bookings temper the bullish reaction. Fiscal 2027 guidance was not increased despite the upcoming blockbuster release, while net bookings declined 3% year over year. Console hardware shortages and higher prices may also pressure near-term demand. Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
• Negative Sentiment: Some market participants view the stock as stretched after the GTA VI launch confirmation. This creates a risk that even strong pre-orders and launch results may already be partly reflected in TTWO’s price, potentially limiting additional gains unless expectations rise further. Take-Two Stock May Be Stretched Following GTA VI Launch Confirmation

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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