03:15 PM EDT, 05/22/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We keep our 12-month target price at $279, 40.8x our FY 27 EPS estimate, in line with its five-year forward average P/E at 41.0x. We cut our FY 27 EPS estimate by $3.72 to $6.83 and set FY 28's at $10.14. TTWO anticipates a breakout year ahead, led by the upcoming release of Grand Theft Auto VI and a robust pipeline of new titles, with guidance for record net bookings and operating cash flow. Management projects continued strong performance and the ability to sustain higher scale, with improved operational leverage and cost efficiency, aided by margin improvements and increased use of technology, including AI. There was continued success and innovation in mobile, especially from Zynga, with both older and newer titles achieving growth. The mobile business benefited from strong execution, new features, and live service enhancements, and the direct-to-consumer channel was highlighted for driving both net bookings and margin growth.