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On Tuesday, Goldman Sachs analyst Eric Sheridan updated the firm’s outlook on Take-Two Interactive (NASDAQ:TTWO), raising the price target on the company’s shares to $255 from the previous $230 while reaffirming a Buy rating. The adjustment follows Take-Two’s fourth fiscal quarter 2025 earnings report, which highlighted several key points including strong performance in recent titles and mobile gaming operations. The stock, currently trading at $234.66 with a market cap of $41.56 billion, has delivered an impressive 55.51% return over the past year, though InvestingPro analysis suggests the stock is trading above its Fair Value.
Take-Two Interactive, known for its popular gaming franchises, has set a release date for the highly anticipated Grand Theft Auto VI (GTA VI) in May 2026, which falls within fiscal year 27. The company also has other major titles in its pipeline for fiscal year 26, such as Mafia, Borderlands, and new mobile games. Sheridan’s commentary reflects a positive outlook on Take-Two’s future releases and its current state in the market. InvestingPro data shows four analysts have recently revised their earnings estimates upward, with analyst targets ranging from $137.43 to $275.
The analyst noted Take-Two management’s stable commentary regarding the gaming consumer’s activity levels and spending habits as a positive sign. The management team at Take-Two expressed confidence in their operational path forward, buoyed by a robust content pipeline that includes Mafia: The Old Country, Grand Theft Auto VI, and Borderlands IV.
Sheridan believes that this latest earnings report from Take-Two Interactive should serve as a foundation for investor confidence in the company’s operational cadence over the next two to three years. The revised price target of $255 is based on the adjustments made to forward operating estimates in light of the earnings report and management’s forward-looking statements.
In other recent news, Take-Two Interactive has been the focus of several analyst updates following its fourth-quarter fiscal year 2025 performance. The company reported strong results, with bookings at the higher end of guidance, driven by the success of NBA 2K and mobile games. TD Cowen raised its price target for Take-Two to $249, maintaining a Buy rating, and noted the ongoing success of live services and mobile games. Despite the delay of Grand Theft Auto VI to fiscal year 2027, TD Cowen remains optimistic about the company’s long-term prospects.
BMO Capital Markets maintained an Outperform rating with a $236 target, highlighting Take-Two’s strong game portfolio and the anticipated release of GTA VI. Benchmark analysts also raised their target to $250, citing impressive sales figures for NBA 2K25 and the continued popularity of Grand Theft Auto V. Raymond (NSE:RYMD) James echoed this sentiment, increasing their target to $250, while acknowledging the promising performance of upcoming titles like Mafia: The Old Country and Borderlands 4.
DA Davidson took a more bullish stance, lifting their target to $270, emphasizing the company’s financial performance and future outlook. The firm noted that Take-Two’s fiscal year 2026 guidance, excluding GTA VI, was conservative, but they believe the company could exceed growth estimates with successful upcoming releases. Investors are closely watching Take-Two’s developments, especially the anticipated mega-launch of GTA VI, which is expected to have a significant impact on the company’s financial trajectory.
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