Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives $296.95 Consensus PT from Brokerages

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been assigned a consensus rating of “Buy” from the twenty-two analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, nineteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $296.9474.

A number of analysts have recently weighed in on the stock. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. JPMorgan Chase & Co. assumed coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price on the stock. Roth Capital increased their price target on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 10th. Oppenheimer lifted their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, Robert W. Baird boosted their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th.

Insider Transactions at Take-Two Interactive Software

In other news, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the transaction, the director owned 21,868 shares in the company, valued at approximately $5,349,131.48. The trade was a 2.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Dornemann sold 1,151 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total transaction of $249,790.02. Following the transaction, the director owned 20,374 shares in the company, valued at $4,421,565.48. This trade represents a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 540,759 shares of company stock worth $123,183,789. 1.12% of the stock is currently owned by corporate insiders.

Institutional Trading of Take-Two Interactive Software

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in Take-Two Interactive Software by 21,833.4% in the second quarter. California State Teachers Retirement System now owns 65,809,235 shares of the company’s stock worth $16,450,993,000 after purchasing an additional 65,509,194 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Take-Two Interactive Software by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock valued at $5,598,914,000 after buying an additional 166,661 shares during the last quarter. BlackRock Inc. bought a new position in shares of Take-Two Interactive Software during the second quarter valued at approximately $4,560,679,000. State Street Corp raised its holdings in shares of Take-Two Interactive Software by 3.5% in the fourth quarter. State Street Corp now owns 11,402,978 shares of the company’s stock worth $2,919,362,000 after buying an additional 390,331 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Take-Two Interactive Software by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock worth $1,242,204,000 after buying an additional 60,893 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Down 2.6%

TTWO stock opened at $233.50 on Tuesday. The firm has a fifty day moving average price of $242.32 and a 200 day moving average price of $221.90. Take-Two Interactive Software has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The firm has a market cap of $43.66 billion, a PE ratio of -134.97, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. Sell-side analysts anticipate that Take-Two Interactive Software will post 5.51 earnings per share for the current fiscal year.

About Take-Two Interactive Software

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.