Wells Fargo & Company Boosts Take-Two Interactive Software (NASDAQ:TTWO) Price Target to $277.00

Key Points

• Wells Fargo & Company has raised the price target for Take-Two Interactive Software from $270.00 to $277.00, indicating a potential upside of 6.30% from the previous close.
• Other analysts, including Bank of America and Wedbush, have also increased their price targets, reflecting positive sentiment toward Take-Two's stock.
• Take-Two Interactive Software reported a quarterly earnings beat of $0.61 EPS, exceeding estimates and showing a 16.4% increase in revenue compared to the same quarter last year.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) had its target price increased by equities research analysts at Wells Fargo & Company from $270.00 to $277.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Wells Fargo & Company's target price points to a potential upside of 6.30% from the company's previous close.

Other analysts have also recently issued reports about the stock. Wedbush boosted their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Weiss Ratings reiterated a "sell (d)" rating on shares of Take-Two Interactive Software in a report on Saturday, September 27th. Bank of America raised 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 report on Friday, August 8th. Citigroup boosted their price objective on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Finally, Zacks Research raised Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Nineteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $250.10.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded up $3.60 during trading hours on Tuesday, reaching $260.58. 105,624 shares of the company traded hands, compared to its average volume of 1,949,934. 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's 50-day moving average is $238.93 and its 200-day moving average is $230.62. The stock has a market cap of $48.07 billion, a P/E ratio of -10.85, a P/E/G ratio of 5.47 and a beta of 1.01. Take-Two Interactive Software has a 1-year low of $151.32 and a 1-year high of $261.47.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced 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 for the quarter, compared to the consensus estimate 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%. The company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($1.52) earnings per share. 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. Equities research analysts expect that Take-Two Interactive Software will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director directly owned 9,063 shares of the company's stock, valued at $2,061,560.61. The trade was a 20.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ellen F. Siminoff sold 414 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $246.25, for a total value of $101,947.50. Following the completion of the sale, the director directly owned 3,003 shares of the company's stock, valued at $739,488.75. This represents a 12.12% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 141,825 shares of company stock valued at $32,532,671. Corporate insiders own 1.34% of the company's stock.

Institutional Trading of Take-Two Interactive Software

Several institutional investors have recently bought and sold shares of TTWO. Clarius Group LLC bought a new position in shares of Take-Two Interactive Software in the 1st quarter valued at about $404,000. Ninety One UK Ltd increased its holdings in shares of Take-Two Interactive Software by 22.8% during the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company's stock worth $437,514,000 after acquiring an additional 334,946 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Take-Two Interactive Software by 21.4% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 297,783 shares of the company's stock worth $72,317,000 after acquiring an additional 52,524 shares during the last quarter. Cornerstone Investment Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 14.1% during the first quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company's stock worth $60,645,000 after buying an additional 36,112 shares in the last quarter. Finally, Stonebridge Financial Group LLC grew its position in shares of Take-Two Interactive Software by 3,986.2% during the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company's stock worth $246,000 after purchasing an additional 1,156 shares in the last quarter. 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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