Wedbush Issues Positive Forecast for Take-Two Interactive Software (NASDAQ:TTWO) Stock Price

Take-Two Interactive Software (NASDAQ:TTWO) had its price target hoisted by Wedbush from $290.00 to $300.00 in a report published on Friday,Benzinga reports. The firm currently has an outperform rating on the stock.

TTWO has been the subject of several other research reports. Bank of America increased their price objective on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Arete lowered Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $280.00 price target for the company. in a research note on Thursday, October 23rd. UBS Group lifted their price target on shares of Take-Two Interactive Software from $285.00 to $292.00 and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group boosted their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, BMO Capital Markets raised their target price on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average price target of $259.45.

Take-Two Interactive Software Trading Down 8.1%

Shares of TTWO stock traded down $20.40 during mid-day trading on Friday, reaching $232.00. The stock had a trading volume of 5,791,674 shares, compared to its average volume of 1,917,977. The stock’s 50-day moving average price is $251.84 and its two-hundred day moving average price is $238.25. Take-Two Interactive Software has a 52-week low of $173.20 and a 52-week high of $264.79. The firm has a market capitalization of $42.80 billion, a PE ratio of -9.69, a price-to-earnings-growth ratio of 5.10 and a beta of 1.00. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.71 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. Take-Two Interactive Software’s revenue for the quarter was up 33.3% on a year-over-year basis. During the same period in the prior year, the business posted ($2.08) earnings per share. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts expect that Take-Two Interactive Software will post 0.97 earnings per share for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the completion of the transaction, the insider directly owned 129,792 shares in the company, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Karl Slatoff sold 48,995 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.68, for a total value of $11,155,181.60. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 141,822 shares of company stock worth $32,540,844 over the last 90 days. 1.34% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. OneDigital Investment Advisors LLC bought a new position in Take-Two Interactive Software in the 1st quarter worth about $223,000. Greenleaf Trust raised its holdings in Take-Two Interactive Software by 19.1% in the first quarter. Greenleaf Trust now owns 2,373 shares of the company’s stock worth $492,000 after buying an additional 380 shares during the last quarter. Banque Pictet & Cie SA bought a new position in shares of Take-Two Interactive Software in the first quarter worth approximately $508,000. Cerity Partners LLC grew its holdings in shares of Take-Two Interactive Software by 9.1% during the first quarter. Cerity Partners LLC now owns 9,125 shares of the company’s stock valued at $1,891,000 after buying an additional 763 shares during the last quarter. Finally, State of Michigan Retirement System increased its position in shares of Take-Two Interactive Software by 0.5% during the first quarter. State of Michigan Retirement System now owns 44,492 shares of the company’s stock valued at $9,221,000 after acquiring an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.