Alex Belov
Developers by oneinveststock.com. Analyst, investor
Take-Two Interactive (TTWO) Stock Forecasts for 2023: Target Price $162
Take-Two Interactive (NASD: TTWO) is the largest video game developer in the United States. The company operates several major game studios, including Private Division, Rockstar, 2K and T2 Mobile Games. The company’s management forecasts notable revenue growth in fiscal 2024. This means that it is in 2024 that Grand Theft Auto VI will be released, which will bring Take-Two billions of dollars in net profit. Recently, the company noted that the development of Grand Theft Auto VI is in full swing. The GTA development news will act as a strong catalyst for Take-Two Interactive (NASDAQ:TTWO) stock.
Take-Two stock has corrected significantly in 2022. The current value of the shares is attractive to buy. Take-Two plans to take over mobile game developer Zynga in the near future. We also evaluate this event positively. Analysts recommend buying Take-Two Interactive (NASD: TTWO) now. The average analyst price target is set at $162 over the next 12 months. Over the past year, 33 analyst firms have published Take-Two stock forecasts for 2023. The maximum target price is set at $215.
Forecasts, Upside Potential for Take-Two Interactive (TTWO) Over The Next 12 Months
Take-Two
TTWO
Price on July 7, 2022
$126.82
Consensus Rating = "Buy"
Lowest Price Target
$136
Average target price
$162
Maximum target price
$215
Take-Two Interactive (TTWO) Stock Forecasts for 2023: Analysts Latest Price Targets
Analysts from UBS, Goldman Sachs, JP Morgan, Wedbush and Deutsche Bank have released their latest price targets for Take-Two Interactive (NASDAQ:TTWO) stock for 2023. On June 29, 2022, analysts from UBS were the last to set a target price at $143.00.
DATE: 06/29/2022
Analyst "UBS"
4.5/5
Consensus Rating = Neutral
Price Target Change for the next 12 months = $185 → $143
Percent upside potential for stocks
12.76%
DATE: 06/10/2022
Analyst "Goldman Sachs"
4.5/5
Consensus Rating = → Neutral
Price Target Change for the next 12 months = → $136
Percent upside potential for stocks
7.24%
DATE: 06/09/2022
Analyst "JP Morgan"
4.5/5
Consensus Rating = → Overweight
Price Target Change for the next 12 months = → $175
Percent upside potential for stocks
37.99%
DATE: 06/08/2022
Analyst "Wedbush"
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $145 → $162
Percent upside potential for stocks
27.74%
DATE: 05/25/2022
Analyst "Deutsche Bank "
4.5/5
Consensus Rating = Buy
Price Target Change for the next 12 months = $215 → $200
Percent upside potential for stocks
57.7%
DATE: 05/17/2022
Analyst "Cowen & Co."
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $229 → $185
Percent upside potential for stocks
45.88%
DATE: 05/17/2022
Analyst "Oppenheimer"
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $215 → $190
Percent upside potential for stocks
49.82%
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