Take-Two Interactive Software’s (TTWO) Buy Rating Reiterated at DA Davidson

DA Davidson restated their buy rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a report released on Monday morning,Benzinga reports. They currently have a $300.00 target price on the stock.

Several other equities analysts have also recently weighed in on the company. BTIG Research raised their price objective on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a research note on Monday. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, August 6th. Finally, Zacks Research upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $296.95.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $243.00 on Monday. The company has a market cap of $45.44 billion, a PE ratio of -140.46, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97. Take-Two Interactive Software has a 52 week low of $187.63 and a 52 week high of $265.94. The business has a 50 day moving average price of $237.98 and a 200-day moving average price of $221.55. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.07) EPS. 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 anticipate that Take-Two Interactive Software will post 5.38 earnings per share for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the sale, the director directly owned 20,374 shares of the company’s stock, valued at $4,421,565.48. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, President Karl Slatoff sold 208,969 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46. Following the completion of the sale, the president owned 1,006,021 shares in the company, valued at approximately $228,708,814.14. The trade was a 17.20% 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 have sold a total of 609,936 shares of company stock worth $138,537,038 in the last ninety days. Company insiders own 1.12% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TTWO. Bank of Nova Scotia purchased a new stake in Take-Two Interactive Software in the 2nd quarter worth about $4,602,000. Compass Financial Management LLC purchased a new stake in Take-Two Interactive Software during the second quarter valued at about $35,000. Elevation Point Wealth Partners LLC purchased a new stake in Take-Two Interactive Software during the second quarter valued at about $1,293,000. Daiichi Life Insurance Co. Ltd. bought a new position in Take-Two Interactive Software during the second quarter worth about $784,000. Finally, Commerce Bank bought a new position in Take-Two Interactive Software during the second quarter worth about $3,638,000. Institutional investors own 95.46% of the company’s stock.

Trending Headlines about Take-Two Interactive Software

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

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $310 price target, implying substantial upside from recent levels. DA Davidson reiterated its Buy rating, Wedbush assigned an Outperform rating, and Roth Capital raised its target to $300. The bullish view is centered on the potential commercial impact of GTA VI and Take-Two’s growing recurring-revenue base. JPMorgan coverage article DA Davidson rating article Wedbush rating article Roth Capital price target article
• Positive Sentiment: Institutional ownership remains strong, with BlackRock, Norges Bank, Bank of New York Mellon and Deutsche Bank recently establishing positions, while AQR Capital increased its stake. Such buying can reinforce confidence in Take-Two’s long-term outlook.
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data appears internally inconsistent, it offers little useful trading information.
• Negative Sentiment: CEO Strauss Zelnick sold 40,000 TTWO shares for approximately $10.1 million at an average price of $252.64. The sale may be routine, but it can weigh on sentiment, particularly after additional sizable sales reported in May and June. CEO insider sale article
• Negative Sentiment: Take-Two’s latest quarter included an adjusted EPS loss of $0.18, below the $0.33 consensus estimate, despite revenue of $1.53 billion exceeding expectations. Revenue also declined 2.1% year over year, leaving investors focused on execution and whether GTA VI expectations are already reflected in the stock’s elevated valuation.

About Take-Two Interactive Software

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.