Wells Fargo & Company Forecasts Strong Price Appreciation for Take-Two Interactive Software (NASDAQ:TTWO) Stock

Take-Two Interactive Software (NASDAQ:TTWO) had its target price increased by analysts at Wells Fargo & Company from $288.00 to $301.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target points to a potential upside of 55.76% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. DA Davidson raised their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 9th. BMO Capital Markets boosted their price target on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. UBS Group increased their price objective on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group raised 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 report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $273.79.

Take-Two Interactive Software Stock Down 3.7%

Take-Two Interactive Software stock opened at $193.24 on Wednesday. The firm has a market capitalization of $35.71 billion, a P/E ratio of -8.63, a P/E/G ratio of 3.20 and a beta of 0.92. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software has a twelve month low of $181.86 and a twelve month high of $264.79. The stock’s fifty day simple moving average is $243.84 and its 200-day simple moving average is $242.86.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, November 6th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 17.73% and a negative net margin of 60.45%.The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the firm posted ($2.08) EPS. Take-Two Interactive Software’s revenue for the quarter was up 33.3% on a year-over-year basis. As a group, equities analysts expect that Take-Two Interactive Software will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Michael Sheresky sold 182 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $235.11, for a total transaction of $42,790.02. Following the completion of the sale, the director owned 65,781 shares in the company, valued at approximately $15,465,770.91. The trade was a 0.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ellen F. Siminoff sold 414 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total transaction of $101,628.72. Following the completion of the transaction, the director owned 2,429 shares of the company’s stock, valued at approximately $596,270.92. The trade was a 14.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,010 shares of company stock worth $242,102. 1.34% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after purchasing an additional 166,661 shares in the last quarter. State Street Corp boosted its position in shares of Take-Two Interactive Software by 4.1% in the 3rd quarter. State Street Corp now owns 11,012,647 shares of the company’s stock valued at $2,845,084,000 after purchasing an additional 429,083 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Take-Two Interactive Software by 3.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 5,525,176 shares of the company’s stock worth $1,341,789,000 after buying an additional 166,867 shares during the last quarter. Geode Capital Management LLC increased its position in Take-Two Interactive Software by 8.9% during the second quarter. Geode Capital Management LLC now owns 4,647,459 shares of the company’s stock worth $1,124,088,000 after buying an additional 378,371 shares during the period. Finally, Invesco Ltd. lifted its stake in Take-Two Interactive Software by 17.3% in the second quarter. Invesco Ltd. now owns 3,490,676 shares of the company’s stock valued at $847,711,000 after buying an additional 515,484 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software News Roundup

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

• Positive Sentiment: Q3 net bookings topped guidance and management raised the full-year bookings/revenue outlook, driven by strong December-quarter sales and anticipation for GTA VI. This is the core fundamental reason for analyst optimism. Q3 bookings surge
• Positive Sentiment: Wells Fargo raised its price target to $301 and kept an overweight rating following the Q3 bookings beat, signaling institutional confidence in the company’s recovery and FY outlook. Wells Fargo PT raise
• Positive Sentiment: DA Davidson reaffirmed a Buy rating with a ~$300 price target, joining the rising analyst sentiment that implies sizable upside from current levels. DA Davidson rating
• Positive Sentiment: Management reiterated that GTA VI remains on track for a November 2026 release — a major multi-year revenue catalyst that supports the raised bookings outlook for FY27. GTA VI on track
• Neutral Sentiment: Analysts and commentators note a mixed print: GAAP earnings remained a loss (though narrowed) and some outlets flagged an EPS miss even as revenue and bookings rose — a mixed signal for near-term profit expectations. Zacks coverage
• Negative Sentiment: Some analyst/market commentary emphasizes concerns about the company’s live-service funding model and the long gap between major releases, which can temper enthusiasm and lead to profit-taking despite good bookings. Seeking Alpha analysis

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.