WallStSmart
TTWO

Take-Two Interactive Software Inc

NASDAQ: TTWO · COMMUNICATION SERVICES · ELECTRONIC GAMING & MULTIMEDIA

$215.34
+1.09% today

Updated 2026-04-29

Market cap
$39.88B
P/E ratio
P/S ratio
6.08x
EPS (TTM)
$-22.57
Dividend yield
52W range
$188 – $265
Volume
1.8M

Take-Two Interactive Software Inc (TTWO) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$215.34
Consensus
$283.69
+31.74%
2030 Target
$959.38
+345.52%
DCF
16 analysts:
9 Buy1 Hold1 Sell

Management guidance

Take-Two raised FY2026 net bookings guidance following Q3 beat. CEO Strauss Zelnick confirmed GTA VI launch for November 19, 2026, which is expected to be a massive revenue driver. Management has indicated the company views AI as a production efficiency tool, not a business threat, though the recent AI team layoff suggests selective optimization rather than major AI-driven growth initiatives.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,618.95
$14.9B Rev × 20x P/S
Base case (2030)
$959.38
$14.9B Rev × 12x P/S
Bear case (2030)
$639.58
$14.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2029 (E)2030 (E)
Revenue$5.3B$5.3B$5.6B$6.8B$9.3B$13.1B$14.9B
Revenue growth-0.0%5.3%20.5%36.9%17.0%13.7%
EPS$4.00$8.23$13.75$15.50
P/S ratio12.0x12.0x12.0x12.0x
Implied price$439.71$599.61$839.45$959.38

Catalysts & risks

Growth catalysts
+ GTA VI launch November 19, 2026 - expected to be transformational revenue event
+ GTA Online sustained monetization - continues generating $1B+ annually despite 13-year age
+ NBA 2K franchise recurring revenue and live service expansion
+ Zynga mobile gaming platform growth and Words with Friends monetization
+ FY2026 raised bookings guidance indicates beat momentum carrying forward
Key risks
- GTA VI execution risk and post-launch player retention/engagement metrics
- Regulatory scrutiny on loot boxes and in-game spending mechanics
- AI impact on game development workflows and long-term creative costs
- Mobile gaming market saturation and competition from free-to-play titles
- Negative EPS currently (-$22.57 TTM) indicates high operating losses despite revenue growth
- Heavy dependence on franchises - GTA VI concentration risk is extreme

Methodology

Take-Two Interactive Software Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.