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JP Morgan Raises Take-Two (TTWO) Target on Strong Q1 and GTA VI

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is one of the best stocks to invest in for long-term growth. On August 8, JP Morgan maintained its Overweight rating on Take-Two Interactive Software, Inc. (NASDAQ:TTWO), while raising the price target from $250 to $275. That is an implied upside of 20.9% from the current levels of $227.5.

A close-up of a hand holding a game controller, demonstrating the interactive entertainment of the company.

The firm was impressed with the company’s Q1 beat and the raised fiscal year 2026 outlook. JP Morgan said that the company continues to execute well and remains its top pick, as the company prepares to release Grand Theft Auto VI in May of next year.

Take-Two reported Q1 of its Fiscal Year 2026 earnings on August 7. It generated $1.50 billion in Q1 (quarter ended June 2025), growing 12.4% year-over-year. The company saw new bookings of $1.42 billion, which were helped by solid sales from Grand Theft Auto V, Red Dead Redemption 2, and NBA 2K25, among other games.

The company’s mobile segment has been one of the linchpins of the company’s recent growth. Match Factory!, for example, saw a 33% year-over-year growth in bookings, while Toon Blast saw a 22% year-over-year growth. New features in mobile games, such as seasonal events, caused a spike in engagement and monetization.

Meanwhile, the company earned an EPS of $0.608 per share, which was more than twice the analysts’ estimate of $0.283 per share. The company has focused on improving its profitability after being deep in the red over the last couple of years. It switched to a strategy to focus on high-margin business from in-game purchases across its mobile and core titles.

While we acknowledge the risk and potential of TTWO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TTWO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best High Growth Consumer Stocks to Buy Now and 10 Best Growth Stocks to Buy According to Analysts 

Disclosure: None.

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