Take-Two Interactive’s Price Target Raised to $285 on FY26 Spending, EBITDA Growth
TTWO•A leading investment firm reiterated an Outperform rating on Take-Two Interactive and raised its price target by $5 to $285. Take-Two’s fiscal 2026 results exceeded guidance, driven by strong recurring consumer spending, mobile and core franchise success, expanding EBITDA and an improving balance sheet ahead of Grand Theft Auto VI.
1. Analyst Rating and Price Target
An investment firm has reiterated an Outperform rating on Take-Two Interactive and increased its price target from $280 to $285, signaling confidence in the stock’s upside potential. At the time of the revision, the shares were trading near $237, implying roughly 20% upside to the new target.
2. Fiscal 2026 Performance
Take-Two’s fiscal 2026 revenue and profitability exceeded its own guidance, fueled by robust recurring consumer spending including in-game purchases, alongside strong performance in both its mobile gaming segment and core franchises. This outperformance contributed to the decision to raise the price target.
3. Financial Strength Ahead of GTA VI
The company reported expanding EBITDA margins and a stronger balance sheet position, providing financial flexibility as it prepares for the launch of Grand Theft Auto VI. Management expects fiscal 2027 to set a new, higher baseline for operating performance driven by the upcoming title.
