Take-Two Interactive Software’s (TTWO) Buy Rating Reiterated at BTIG Research

Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “buy” rating reaffirmed by investment analysts at BTIG Research in a research note issued on Tuesday, Benzinga reports. They presently have a $262.00 target price on the stock. BTIG Research‘s target price would indicate a potential upside of 26.33% from the stock’s current price.

A number of other research analysts also recently issued reports on TTWO. Raymond James Financial restated a “strong-buy” rating on shares of Take-Two Interactive Software in a research report on Wednesday, October 14th. Oppenheimer reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday. UBS Group set a $330.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday. Robert W. Baird boosted their target price on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $289.05.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $207.40 on Tuesday. The business has a 50-day moving average of $206.97 and a 200-day moving average of $218.96. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $38.78 billion, a price-to-earnings ratio of -119.88, a price-to-earnings-growth ratio of 1.55 and a beta of 0.93. Take-Two Interactive Software has a 1 year low of $183.86 and a 1 year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Monday, November 9th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.96 by ($1.25). The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.64 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business’s revenue was down 18.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.73) earnings per share. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities research analysts anticipate that Take-Two Interactive Software will post 5.19 earnings per share for the current year.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel Emerson sold 744 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total value of $161,470.32. Following the transaction, the insider directly owned 112,327 shares of the company’s stock, valued at approximately $24,378,328.81. The trade was a 0.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director William Gordon sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $202.39, for a total value of $2,023,900.00. Following the completion of the transaction, the director directly owned 47,187 shares in the company, valued at approximately $9,550,176.93. This trade represents a 17.49% 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. Insiders sold a total of 13,636 shares of company stock valued at $2,825,391 in the last 90 days. Company insiders own 1.12% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of TTWO. IFG Advisory LLC raised its position in shares of Take-Two Interactive Software by 47.0% during the third quarter. IFG Advisory LLC now owns 172 shares of the company’s stock worth $36,000 after purchasing an additional 55 shares during the period. Syntax Research Inc. lifted its holdings in shares of Take-Two Interactive Software by 2.1% in the 3rd quarter. Syntax Research Inc. now owns 2,782 shares of the company’s stock worth $577,000 after purchasing an additional 57 shares in the last quarter. Beacon Financial Advisory LLC lifted its holdings in shares of Take-Two Interactive Software by 3.7% in the 2nd quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company’s stock worth $424,000 after purchasing an additional 60 shares in the last quarter. Trust Asset Management LLC lifted its holdings in shares of Take-Two Interactive Software by 3.5% in the 2nd quarter. Trust Asset Management LLC now owns 1,881 shares of the company’s stock worth $470,000 after purchasing an additional 63 shares in the last quarter. Finally, Washington Trust Advisors Inc. grew its position in Take-Two Interactive Software by 116.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock valued at $30,000 after purchasing an additional 64 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Key Stories Impacting Take-Two Interactive Software

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

• Positive Sentiment: CEO Strauss Zelnick said GTA VI preorders are at unprecedented levels and tracking far above expectations, a significant demand signal ahead of the game’s scheduled November 19 launch. Article: Grand Theft Auto 6 pre-orders are tracking far above expectations
• Positive Sentiment: Take-Two reiterated fiscal 2027 net bookings guidance of $8.0 billion to $8.2 billion despite the strong preorder commentary. Some investors may see the unchanged forecast as conservative if launch demand translates into stronger-than-expected bookings. Article: Take-Two reiterates FY2027 net bookings guidance
• Neutral Sentiment: Investor focus is likely to remain on whether GTA VI meets high expectations at launch and whether the company’s outlook is revised as sales data develops.
• Negative Sentiment: Second-quarter net bookings were $1.6 billion, slightly below initial guidance. Reports also highlighted lower year-over-year revenue and a shortfall against analyst expectations, while Take-Two’s next-quarter bookings outlook was reported below estimates—potential near-term headwinds despite the blockbuster launch approaching. Article: Take-Two projects third-quarter bookings below estimates

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga.

The company’s portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.

Founded in 1993 and headquartered in New York City, Take-Two acquired mobile-game publisher Zynga in 2022.