Jefferies maintains a "buy" rating on Take-Two Interactive, predicting shares could rise to $300 from around $200, citing underestimated potential of Grand Theft Auto VI. The broker highlights that the market is pricing in a conservative launch similar to Red Dead Redemption 2, despite GTA VI's stronger online mode and possible earlier PC release that could boost sales and player engagement. Jefferies forecasts $12 earnings per share for 2028 and applies a 25x earnings multiple to support the $300 target. An earlier PC launch, expected in early 2027, could increase total bookings and extend the game's commercial lifecycle, offering significant upside beyond current valuations.
Take-Two Interactive shares are trading at $202.44 on Pluang as of Oct 15, 2026 00:32 WIB, which is closer to their 52-week low of $189.69 than the high of $262.29. Despite Jefferies' $300 target, the stock has gained just over 1% in the last day. The strong buy sentiment on Pluang is reflected in the 93% buy order activity, indicating investor interest even though the current price remains well below the 52-week peak.
Take-Two Interactive's stock fell 5% following Wells Fargo's reduction of near-term earnings and bookings estimates due to weaker performance in its basketball franchise and mobile business. Despite this, Wells Fargo maintained an Overweight rating a...
Take-Two Interactive faces a potential leak threat of Grand Theft Auto VI tied to the CYBERLEEK memecoin, which claims to hold the full game and demands a $30 million market cap to avoid release, though this is unverified. Meanwhile, Amazon is negoti...
