TTWO Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Take-Two Interactive Software Inc (TTWO) is a good buy for a beginner investor with a long-term focus and $50,000-$100,000 available for investment. Despite short-term technical weakness and recent price declines, the stock is supported by strong analyst sentiment, upcoming catalysts like the GTA VI release, and robust hedge fund buying. The long-term growth potential outweighs current challenges, making it a suitable investment.
The technical indicators suggest a bearish short-term trend. The MACD is negatively expanding, RSI is neutral at 25.4, and moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading near its support level (S1: 192.277), with resistance levels far above (R1: 229.607).
Analysts have upgraded the stock, with price targets ranging from $280 to $301, citing strong fundamentals and the upcoming GTA VI launch as a major catalyst.
Hedge funds are significantly increasing their positions, with a 976.03% increase in buying over the last quarter.
Revenue growth of 24.94% YoY in Q3 2026 indicates strong operational performance.
Short-term technical weakness, including bearish moving averages and a negatively expanding MACD.
Concerns about AI tools like Google's Project Genie impacting traditional gaming publishers.
Net income and EPS have declined significantly YoY, with net income down -25.80% and EPS down -29.58%.
In Q3 2026, revenue increased by 24.94% YoY to $1.699 billion, showcasing strong top-line growth. However, net income dropped to -$92.9 million (-25.80% YoY), and EPS fell to -0.5 (-29.58% YoY). Gross margin improved slightly to 52.95%, up 1.15% YoY. The company demonstrates strong revenue growth but faces profitability challenges.
Analysts are highly bullish on TTWO, with multiple upgrades and price target increases. Raymond James upgraded the stock to 'Strong Buy,' citing overdone fears around AI threats. Other firms, including BMO Capital, Wells Fargo, and UBS, have raised price targets to $280-$301, emphasizing strong fundamentals and the GTA VI launch as a major growth driver.
