New York, Feb 2, 2026, 2:05 PM EST — Regular session
- Take-Two shares were up about 2% in afternoon trading, rebounding after last week’s sharp swings.
- Wedbush Securities put the videogame publisher on its “Best Ideas” list and kept a $300 price target.
- Investors are positioning for Take-Two’s fiscal third-quarter results due after Tuesday’s close.
Take-Two Interactive Software shares rose 1.9% to $224.56 in afternoon trading on Monday after Wedbush added the videogame publisher to its “Best Ideas” list. The stock traded between $221.28 and $229.00, with about 2.5 million shares changing hands. (Proactiveinvestors NA)
The move comes a day before Take-Two reports fiscal third-quarter results after the market close on Tuesday and hosts a conference call at 4:30 p.m. Eastern. The company publishes games through Rockstar Games, 2K and Zynga, and its shares trade on Nasdaq under the TTWO ticker. (Take-Two Interactive)
What matters now is the tone on outlook. Investors want to hear whether management’s pipeline assumptions have changed and whether the company offers any fresh color around Grand Theft Auto VI, which has become a focal point for expectations.
AI anxiety has added a new wrinkle to the trade. “From a purely game creation perspective, we don’t see AAA studios losing their value proposition,” said Alicia Reese — using shorthand for big-budget blockbuster games — as investors debate whether Google’s Project Genie changes the long-term economics of game development. (Bloomberg)
The early-February tape has been jumpy, and the videogame names have moved with it. Wedbush’s note flagged “Generative Gaming” worries that have weighed on stocks such as Roblox and Unity Software, while arguing Project Genie is “a tool, not a competitor,” for premium content.
Broader markets were also firmer, with Wall Street’s main indexes higher on a rebound in heavyweight tech shares and strength in memory-related stocks. “We’re seeing some stabilization in markets,” said Art Hogan of B. Riley Wealth, as traders shifted attention to a busy earnings week. (Reuters)
For Take-Two, the read-through will come down to a few lines in the outlook and how management frames the release slate. Traders tend to watch “net bookings” — a metric the company uses to capture sales activity, including timing effects tied to digital purchases — alongside commentary on engagement and spending inside existing franchises.
There is risk on both sides. A strong print may not be enough if guidance is cautious, and any hint of another slip in big-title timing can hit a stock that is priced for execution.
The flip side is simple: if management sticks to its messaging and offers clean enough numbers, Monday’s bid can hold. If not, it won’t take much to turn this back into a sell-the-news move.
Next up is Tuesday’s results after the close, followed by the 4:30 p.m. ET call — the first real chance in week
s for investors to press management on the outlook, and the first catalyst the stock has in hand this week.
