Take-Two Interactive Software (NASDAQ:TTWO) Earns Buy Rating from DA Davidson

Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “buy” rating reiterated by investment analysts at DA Davidson in a research report issued on Monday,Benzinga reports. They presently have a $300.00 price objective on the stock. DA Davidson’s target price indicates a potential upside of 18.27% from the stock’s previous close.

Several other analysts have also issued reports on TTWO. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. BTIG Research lifted their price target on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a research report on Monday. Wedbush reissued an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Monday. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Finally, UBS Group reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus target price of $296.00.

Take-Two Interactive Software Trading Up 2.9%

Take-Two Interactive Software stock traded up $7.16 during mid-day trading on Monday, hitting $253.66. The company’s stock had a trading volume of 1,538,298 shares, compared to its average volume of 2,269,392. The firm has a market capitalization of $47.43 billion, a PE ratio of -146.78, a price-to-earnings-growth ratio of 4.58 and a beta of 0.97. Take-Two Interactive Software has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a current ratio of 1.06, a quick ratio of 1.24 and a debt-to-equity ratio of 0.52. The stock’s fifty day moving average is $236.34 and its two-hundred day moving average is $221.36.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its 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). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the firm earned ($0.07) EPS. Take-Two Interactive Software’s revenue for the quarter was down 2.1% compared to the same quarter last year. 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. On average, analysts anticipate that Take-Two Interactive Software will post 5.38 EPS for the current year.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 4,419 shares of Take-Two Interactive Software stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $230.00, for a total value of $1,016,370.00. Following the completion of the transaction, the insider owned 113,988 shares in the company, valued at approximately $26,217,240. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total transaction of $122,305.00. Following the completion of the transaction, the director owned 21,868 shares of the company’s stock, valued at $5,349,131.48. This trade represents a 2.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 569,936 shares of company stock valued at $128,431,438. 1.12% of the stock is owned by company insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of hedge funds have recently added to or reduced their stakes in the business. MCF Advisors LLC purchased a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $28,000. Mosley Wealth Management raised its stake in shares of Take-Two Interactive Software by 266.7% in the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Take-Two Interactive Software in the second quarter valued at $32,000. Finally, MV Capital Management Inc. purchased a new position in Take-Two Interactive Software in the fourth quarter valued at $34,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software News Roundup

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

• Positive Sentiment: Analysts remain bullish: Wedbush reaffirmed its “outperform” rating and set a $300 price target, while Robert W. Baird raised its target to $270 and also maintained an “outperform” rating. Benzinga analyst rating updates
• Positive Sentiment: GTA VI momentum is building: Take-Two said record preorders are supporting expectations for the game’s November 19 launch. BTIG believes the potential earnings lift from GTA VI is not yet fully reflected in TTWO’s valuation. BTIG GTA VI analysis
• Neutral Sentiment: Forecasts were maintained: Management kept fiscal 2027 net bookings guidance at $8.0 billion-$8.2 billion, leaving the investment case heavily dependent on GTA VI execution and launch demand. Zacks TTWO earnings call analysis
• Negative Sentiment: Near-term results were softer: First-quarter net bookings declined 3% year over year, while console hardware shortages and higher prices created additional uncertainty around the upcoming launch. Investors are reassessing the results because guidance did not receive a boost from GTA VI. MarketBeat Take-Two Q1 results analysis
• Negative Sentiment: Valuation is a risk: One analysis characterized TTWO as roughly 9% stretched following confirmation of the GTA VI launch, suggesting some of the anticipated benefit may already be priced into the shares. Yahoo Finance TTWO valuation analysis

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.