Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report)’s share price fell 6.5% during mid-day trading on Friday after Wells Fargo & Company lowered their price target on the stock from $293.00 to $287.00. Wells Fargo & Company currently has an overweight rating on the stock. Take-Two Interactive Software traded as low as $226.06 and last traded at $222.5370. 1,127,884 shares were traded during mid-day trading, a decline of 45% from the average session volume of 2,057,475 shares. The stock had previously closed at $238.08.
Other equities research analysts have also issued reports about the stock. UBS Group upped their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday. DA Davidson reiterated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Wedbush reissued an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $287.53.
Check Out Our Latest Stock Report on TTWO
Insider Buying and Selling at Take-Two Interactive Software
Key Take-Two Interactive Software News
Here are the key news stories impacting Take-Two Interactive Software this week:
- Positive Sentiment: Take-Two beat fiscal Q4 estimates, with stronger-than-expected net bookings, revenue growth, and a narrower loss, while also confirming that Grand Theft Auto VI remains on track for a Nov. 19 release. Article Title
- Positive Sentiment: Wedbush and other analysts highlighted the confirmed GTA VI launch timeline and broad portfolio strength, reinforcing long-term confidence in the stock despite near-term volatility. Article Title
- Neutral Sentiment: Wells Fargo trimmed its price target slightly to $287 from $293 but kept an overweight rating, suggesting continued upside expectations for TTWO. Article Title
- Neutral Sentiment: Unusually large call-option activity showed traders positioning for volatility, likely driven by the GTA VI announcement and earnings release.
- Negative Sentiment: Investors focused on management’s fiscal 2027 bookings guidance of about $8.0 billion to $8.2 billion, which came in below Wall Street expectations and appears to be the main reason the stock is declining. Article Title
- Negative Sentiment: The softer outlook also weighed on sentiment even as the company raised expectations for FY2027 EPS, because revenue and bookings guidance are what matter most for near-term valuation. Article Title
Institutional Investors Weigh In On Take-Two Interactive Software
Several institutional investors and hedge funds have recently modified their holdings of TTWO. Integrated Wealth Concepts LLC bought a new stake in shares of Take-Two Interactive Software during the first quarter valued at approximately $425,000. Empowered Funds LLC boosted its stake in Take-Two Interactive Software by 13.2% during the first quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock worth $688,000 after buying an additional 388 shares during the period. Geneos Wealth Management Inc. boosted its stake in Take-Two Interactive Software by 118.7% during the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock worth $63,000 after buying an additional 165 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Take-Two Interactive Software during the second quarter worth $2,747,000. Finally, Jump Financial LLC lifted its position in shares of Take-Two Interactive Software by 105.3% during the second quarter. Jump Financial LLC now owns 7,115 shares of the company’s stock worth $1,728,000 after purchasing an additional 3,650 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.
Take-Two Interactive Software Stock Performance
The firm has a market capitalization of $42.14 billion, a P/E ratio of -140.46, a P/E/G ratio of 3.45 and a beta of 0.97. The firm has a 50-day moving average price of $211.92 and a two-hundred day moving average price of $225.87. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14.
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.
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