Analyst Jason Bazinet of Citi maintained a Buy rating on Take-Two, with a price target of $270.00.
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Jason Bazinet has given his Buy rating due to a combination of factors that highlight Take-Two’s strong financial performance and positive future outlook. The company reported second-quarter bookings that surpassed both Citi’s estimates and market consensus, demonstrating robust revenue generation. Additionally, Take-Two’s non-GAAP earnings per share exceeded expectations, further indicating financial strength.
Furthermore, despite the delay in the release of GTA VI, Take-Two has raised its fiscal year 2026 bookings and non-GAAP EPS outlook, showcasing confidence in its future performance. The updated guidance surpasses both Citi’s and the market’s previous projections, reinforcing a positive growth trajectory. These factors collectively support Jason Bazinet’s Buy rating, suggesting that Take-Two is well-positioned for continued success in the coming years.
In another report released today, TD Cowen also reiterated a Buy rating on the stock with a $284.00 price target.
TTWO’s price has also changed slightly for the past six months – from $231.840 to $252.400, which is a 8.87% increase.