Take-Two Interactive Software (NASDAQ:TTWO) Shares Climb 8.6% – Here’s Why

Take-Two Interactive Software, Inc. (NASDAQ:TTWO)’s share price traded up 8.6% during trading on Tuesday. The stock traded as high as $229.46 and last traded at $225.3330. 2,759,119 shares changed hands during trading, an increase of 16% from the average daily volume of 2,384,971 shares. The stock had previously closed at $207.40.

Key Take-Two Interactive Software News

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

• Positive Sentiment: Management said GTA VI preorders are at “unprecedented” levels and far above expectations. The game is scheduled to launch November 19, giving investors a major near-term catalyst and confidence in its sales potential. How high could GTA VI send Take-Two stock in 2027?
• Positive Sentiment: Take-Two maintained its fiscal 2027 net bookings forecast of $8.0 billion to $8.2 billion despite the quarterly shortfall. Investors may also see the forecast as conservative given the reported preorder strength. Take-Two reiterates FY2027 net bookings forecast
• Positive Sentiment: Analysts remain constructive: JPMorgan reiterated an Overweight rating with a $310 price target, while BTIG reaffirmed Buy with a $262 target. JPMorgan sets Take-Two stock price target
• Negative Sentiment: The latest quarter was soft: revenue was $1.50 billion, below analyst expectations of $1.64 billion, and down 18.4% year over year. Net bookings also came in slightly below initial guidance. Take-Two quarterly earnings report
• Negative Sentiment: The company’s next-quarter bookings outlook was reported below expectations, and its fiscal 2027 revenue forecast of $8.0 billion to $8.2 billion is below the cited analyst consensus of $8.6 billion—risks that could temper optimism if GTA VI sales do not exceed expectations. Take-Two projects third-quarter bookings below estimates

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TTWO shares. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Jefferies Financial Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday. Bank of America lowered their price target on Take-Two Interactive Software from $368.00 to $330.00 and set a “buy” rating for the company in a research note on Tuesday, October 27th. 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 research report on Monday, August 10th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $290.00 target price on shares of Take-Two Interactive Software in a report on Monday, November 2nd. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $289.05.

Take-Two Interactive Software Price Performance

The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The company has a 50-day moving average of $206.97 and a 200-day moving average of $218.96. The firm has a market capitalization of $41.44 billion, a price-to-earnings ratio of -128.64, a price-to-earnings-growth ratio of 1.55 and a beta of 0.93.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data 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 company’s revenue was down 18.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($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, research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel Emerson sold 917 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $217.65, for a total value of $199,585.05. Following the sale, the insider owned 113,071 shares of the company’s stock, valued at approximately $24,609,903.15. This trade represents a 0.80% decrease in their position. 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 sale, the director owned 47,187 shares in the company, valued at $9,550,176.93. The trade was a 17.49% 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. Insiders sold 13,636 shares of company stock valued at $2,825,391 in the last 90 days. 1.12% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Primecap Management Co. CA bought a new position in Take-Two Interactive Software in the 2nd quarter valued at about $23,480,000. Corient Private Wealth LP raised its position in shares of Take-Two Interactive Software by 22.4% in the 2nd quarter. Corient Private Wealth LP now owns 30,018 shares of the company’s stock valued at $7,504,000 after buying an additional 5,484 shares in the last quarter. Ontario Teachers Pension Plan Board acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $37,090,000. IFP Advisors Inc lifted its holdings in shares of Take-Two Interactive Software by 398.2% during the 3rd quarter. IFP Advisors Inc now owns 11,335 shares of the company’s stock worth $2,352,000 after acquiring an additional 9,060 shares during the period. Finally, Davis R M Inc. lifted its holdings in shares of Take-Two Interactive Software by 4.3% during the 1st quarter. Davis R M Inc. now owns 255,075 shares of the company’s stock worth $50,377,000 after acquiring an additional 10,593 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

About Take-Two Interactive Software

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.