Roth Capital Issues Positive Forecast for Take-Two Interactive Software (NASDAQ:TTWO) Stock Price

Take-Two Interactive Software (NASDAQ:TTWO) had its price target raised by equities research analysts at Roth Capital from $295.00 to $300.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Roth Capital’s target price would indicate a potential upside of 19.10% from the company’s previous close.

TTWO has been the topic of several other reports. Oppenheimer raised their target price on Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Monday. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a report on Thursday. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday. Bank of America raised their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Wedbush reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $296.22.

Take-Two Interactive Software Stock Up 2.2%

TTWO stock traded up $5.40 during midday trading on Monday, hitting $251.90. The stock had a trading volume of 2,504,059 shares, compared to its average volume of 2,275,922. Take-Two Interactive Software has a 52-week low of $187.63 and a 52-week high of $265.94. The business has a 50-day moving average of $236.34 and a two-hundred day moving average of $221.36. The firm has a market cap of $47.10 billion, a price-to-earnings ratio of -145.55, a price-to-earnings-growth ratio of 4.58 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.24.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.07) earnings per share. 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, equities research analysts forecast that Take-Two Interactive Software will post 5.38 earnings per share for the current fiscal year.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 4,419 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $230.00, for a total transaction of $1,016,370.00. Following the sale, the insider directly owned 113,988 shares of the company’s stock, valued at $26,217,240. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Karl Slatoff sold 40,358 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $216.09, for a total value of $8,720,960.22. Following the sale, the president owned 40,358 shares in the company, valued at approximately $8,720,960.22. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 569,936 shares of company stock worth $128,431,438. 1.12% of the stock is owned by insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Take-Two Interactive Software by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after buying an additional 166,661 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at $4,560,679,000. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 3.5% in the 4th quarter. State Street Corp now owns 11,402,978 shares of the company’s stock worth $2,919,362,000 after acquiring an additional 390,331 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Take-Two Interactive Software by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock worth $1,242,204,000 after purchasing an additional 60,893 shares during the period. Finally, Invesco Ltd. grew its holdings in Take-Two Interactive Software by 0.6% during the 4th quarter. Invesco Ltd. now owns 2,889,144 shares of the company’s stock valued at $739,707,000 after purchasing an additional 16,758 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

More Take-Two Interactive Software News

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

• Positive Sentiment: Take-Two’s fiscal Q1 earnings exceeded analyst expectations, helped by strength in NBA 2K and Grand Theft Auto. Console revenue rose 16.3%, supporting net bookings and reinforcing demand for the company’s major franchises. Take-Two Q1 Earnings Beat Estimates on NBA 2K and GTA Strength
• Positive Sentiment: Management said record GTA VI preorders are building ahead of the scheduled November 19 launch. The game remains central to the fiscal 2027 outlook, while BTIG argued that the potential earnings boost from the release may not yet be fully reflected in TTWO’s valuation. BTIG thinks the GTA 6 lift for Take-Two Interactive is not factored in yet
• Positive Sentiment: Analysts maintained bullish views: DA Davidson and Wedbush reaffirmed “buy” and “outperform” ratings, respectively, with $300 price targets. Robert W. Baird also reiterated “outperform” and raised its target to $270.
• Neutral Sentiment: Take-Two left fiscal 2027 net bookings guidance unchanged at $8.0 billion to $8.2 billion despite the GTA VI anticipation, suggesting expectations are already elevated and the company is maintaining a cautious outlook. TTWO Q1 Earnings Call Keeps GTA VI at Center of FY27 Outlook
• Negative Sentiment: Some investors remain concerned that net bookings declined 3% year over year, hardware shortages have pushed up console prices, and the stock may be roughly 9% stretched following confirmation of the launch date. These factors have prompted reassessment of the first-quarter results and unchanged guidance.

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.