Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock Has Consensus Target Price of $289.95 According to Analysts

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has received an average rating of “Moderate Buy” from the twenty-four ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-one have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $289.00.

TTWO has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Tuesday, October 6th. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Arete Research cut their target price on Take-Two Interactive Software from $308.00 to $295.00 and set a “buy” rating for the company in a research report on Wednesday, September 9th. Finally, Wells Fargo & Company reissued an “overweight” rating on shares of Take-Two Interactive Software in a research note on Monday, October 12th.

Take-Two Interactive Software Stock Performance

TTWO opened at $194.99 on Friday. The firm has a market cap of $36.46 billion, a P/E ratio of -112.71, a PEG ratio of 1.43 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. The company has a 50 day simple moving average of $208.77 and a two-hundred day simple moving average of $219.56. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data 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). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the company earned ($0.07) earnings per share. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. 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. Equities analysts forecast that Take-Two Interactive Software will post 5.19 earnings per share for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 484 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $203.69, for a total transaction of $98,585.96. Following the sale, the director owned 66,010 shares in the company, valued at $13,445,576.90. This trade represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total transaction of $67,775.28. Following the sale, the director owned 1,332 shares in the company, valued at approximately $270,289.44. The trade was a 20.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 53,636 shares of company stock worth $12,930,991. Insiders own 1.12% of the company’s stock.

Institutional Trading of Take-Two Interactive Software

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Take-Two Interactive Software during the second quarter worth $4,560,679,000. Bank of America Corp DE bought a new position in Take-Two Interactive Software during the second quarter valued at $599,405,000. Amundi increased its position in Take-Two Interactive Software by 38.1% during the first quarter. Amundi now owns 2,493,985 shares of the company’s stock valued at $492,562,000 after acquiring an additional 688,133 shares during the last quarter. Royal Bank of Canada increased its position in Take-Two Interactive Software by 12.2% during the first quarter. Royal Bank of Canada now owns 1,524,234 shares of the company’s stock valued at $301,036,000 after acquiring an additional 166,145 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of Take-Two Interactive Software by 1.4% in the first quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company’s stock valued at $291,489,000 after acquiring an additional 19,702 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.