Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $300.00

Take-Two Interactive Software (NASDAQ:TTWO) had its target price increased by Wedbush from $290.00 to $300.00 in a research note published on Friday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

A number of other equities analysts have also recently weighed in on the company. Arete Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. DA Davidson upped their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 9th. BMO Capital Markets raised their price target on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday. Wells Fargo & Company upped their price objective on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Finally, Benchmark lifted their target price on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.45.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $232.00 on Friday. Take-Two Interactive Software has a 12-month low of $173.20 and a 12-month high of $264.79. The stock has a market cap of $42.80 billion, a P/E ratio of -9.69, a PEG ratio of 5.10 and a beta of 1.00. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average of $251.84 and a two-hundred day moving average of $238.62.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the company posted ($2.08) EPS. The company’s revenue was up 33.3% on a year-over-year basis. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts predict that Take-Two Interactive Software will post 0.97 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $231.33, for a total value of $231,330.00. Following the transaction, the director owned 22,901 shares in the company, valued at approximately $5,297,688.33. This trade represents a 4.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction that occurred 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 transaction, the director directly owned 9,063 shares in the company, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 141,822 shares of company stock worth $32,540,844. Corporate insiders own 1.34% of the company’s stock.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of hedge funds have recently made changes to their positions in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Take-Two Interactive Software by 5.2% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,007 shares of the company’s stock worth $260,000 after purchasing an additional 50 shares during the period. China Universal Asset Management Co. Ltd. boosted its position in shares of Take-Two Interactive Software by 17.7% in the third quarter. China Universal Asset Management Co. Ltd. now owns 4,870 shares of the company’s stock worth $1,258,000 after buying an additional 734 shares during the period. Jupiter Asset Management Ltd. acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at about $22,639,000. ICICI Prudential Asset Management Co Ltd raised its holdings in shares of Take-Two Interactive Software by 24.0% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 2,832 shares of the company’s stock valued at $732,000 after buying an additional 549 shares during the period. Finally, Compass Wealth Management LLC acquired a new position in Take-Two Interactive Software during the 3rd quarter worth approximately $3,419,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

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.