Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives $296.95 Consensus PT from Brokerages

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) has been assigned a consensus recommendation of “Buy” from the twenty-two research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, nineteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $296.9474.

Several equities research analysts have commented on TTWO shares. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, August 6th. Bank of America boosted their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 16th. Robert W. Baird boosted their price target on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. started coverage on Take-Two Interactive Software in a research note on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price target for the company.

Get Our Latest Analysis on TTWO

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 362 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the sale, the director owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ellen F. Siminoff sold 334 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $242.34, for a total transaction of $80,941.56. Following the completion of the transaction, the director owned 1,666 shares of the company’s stock, valued at $403,738.44. This represents a 16.70% 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 quarter, insiders sold 610,759 shares of company stock valued at $138,737,789. 1.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at $4,560,679,000. Norges Bank acquired a new position in Take-Two Interactive Software during the fourth quarter worth about $735,389,000. Bank of America Corp DE bought a new stake in Take-Two Interactive Software in the second quarter worth about $599,405,000. Legal & General Group Plc bought a new stake in Take-Two Interactive Software in the second quarter worth about $277,219,000. Finally, Bank of New York Mellon Corp acquired a new stake in Take-Two Interactive Software in the 2nd quarter valued at about $234,774,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 1.3%

Take-Two Interactive Software stock opened at $240.15 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software has a one year low of $187.63 and a one year high of $265.94. The company has a 50-day simple moving average of $241.41 and a 200-day simple moving average of $221.63. The firm has a market capitalization of $44.90 billion, a P/E ratio of -138.81, a P/E/G ratio of 1.57 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.07) earnings per share. 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. As a group, equities analysts expect that Take-Two Interactive Software will post 5.51 earnings per share for the current year.

Take-Two Interactive Software Company Profile

(Get Free Report)

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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Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

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