TTWO

Take-Two Interactive Software Inc (NASDAQ:TTWO) is expected to deliver a largely in-line fiscal first quarter performance, with investor attention likely to remain focused on management commentary around the highly anticipated release of Grand Theft Auto VI, according to Jefferies analysts. Jefferies wrote that Wall Street expectations for the quarter remain muted, with bookings forecast to decline about 4% year over year, largely reflecting weakness in the company’s mobile business as several key titles slow. The analysts noted that the stock’s reaction is likely to depend more on updates around GTA VI than on the quarter itself, with potential discussion points including pre-orders and the timing of GTA VI Online. The analysts expect limited new information on GTA VI during the earnings call, writing that disclosure of pre-order figures is unlikely and that Take-Two is unlikely to adjust its fiscal 2027 outlook. The analysts highlighted that mobile trends weakened during the quarter, based on Sensor Tower in-app purchase data, including softness across the company’s three largest mobile titles. Jefferies wrote that the company’s first-quarter mobile revenue guidance already reflects much of this pressure, with Street expectations calling for a mid-single-digit percentage decline year over year. The analysts added that mobile advertising trends and shifts toward web-based payments are unlikely to provide a meaningful offset, and said they would look for commentary on whether the slowdown reflects reduced marketing investment or broader demand issues. Take-Two’s NBA 2K franchise is expected to perform in line with expectations despite a challenging comparison period, Jefferies wrote. The analysts noted that the company’s guidance for high-single-digit revenue growth in the segment is supported by early engagement trends, including Steam concurrent users during the NBA playoffs that were significantly higher than at the game’s launch last year. Meanwhile, Jefferies expects Grand Theft Auto Online revenue to face pressure in the first quarter due to timing differences around major content updates. The analysts wrote that the large summer GTA Online update arrived in July this year compared with June last year, creating a difficult year-over-year comparison, though engagement trends remain stable heading into GTA VI. “Overall trends appear stable into GTA VI,”...

NEW YORK, July 09, 2026--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it plans to report financial results for its first quarter of fiscal year 2027, ended June 30, 2026, before the market open on Friday, August 7, 2026. The Company plans to hold a conference call to discuss its results at 8:00 a.m. Eastern Time, which can be accessed by dialing (833) 461-5787 (Meeting ID: 773792521). A live, listen-only webcast and a replay of the call will be available at http://take2games.com/ir. About Take-Two Interactive Software Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe. We develop and publish products principally through Rockstar Games, 2K, and Zynga. Our strategy is to create hit entertainment experiences, delivered on every platform relevant to our audience through a variety of sound business models. Our pillars - creativity, innovation, and efficiency - guide us as we strive to create the highest quality, most captivating experiences for our consumers. The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at http://www.take2games.com. All trademarks and copyrights contained herein are the property of their respective holders. View source version on businesswire.com: https://www.businesswire.com/news/home/20260709212873/en/ Contacts (Investor Relations)Nicole ShevinsSenior Vice PresidentInvestor Relations & Corporate CommunicationsTake-Two Interactive Software, Inc. (646) [email protected] (Corporate Press)Alan LewisHead of Global Corporate CommunicationsTake-Two Interactive Software, Inc.(646) [email protected]

Investing.com -- BTIG launched coverage of Take-Two Interactive with a Buy rating and a $290 price target on Wednesday, arguing that the upcoming release of Grand Theft Auto VI will drive a sustained earnings recovery for the video game publisher. Analyst Clark Lampen said GTA VI, scheduled for release on Nov. 19, is expected "to catalyze a sustainable, multi-year improvement in earnings power for the enterprise," with BTIG forecasting an average of $10 in earnings power over the fiscal year 2027 to 2029 timeframe. The bank also noted precedent for multiple expansion during the pre-release marketing cycle based on prior Rockstar label releases. BTIG's FY27 estimates sit above both company guidance and consensus, modeling bookings of $8.597 billion and pro forma EPS of $7.16, compared to Take-Two's guidance range of $8.0 billion to $8.2 billion and visible alpha consensus of $8.476 billion and $6.59, respectively. Beyond GTA, BTIG said NBA 2K has "rebounded from its FY25 blip," and expressed cautious optimism on the mobile segment, noting the broader mobile gaming sector has recovered meaningfully from its IDFA-driven lows in 2021. The bank added that trends across most of the mobile portfolio "appear steady," excluding Color Block Jam. On upside risks, BTIG flagged that historical reference points for GTA Online support per-capita spending of $40 to $45, above its base case estimates of $30 to $40 in years one through five. The bank's $290 price target is based on a 29x price-to-earnings multiple. Related articles GTA VI to catalyze a multi-year improvement in earnings power for TTWO, BTIG says These 2 stocks are best positioned to benefit from higher uranium prices: analyst As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Take-Two Interactive Software (NasdaqGS:TTWO) reported its latest earnings with solid contributions from core game franchises and mobile titles. The company paired this performance update with cautious full-year revenue and EBITDA guidance that came in weaker than peers. Management commentary highlighted both the resilience of existing hits and a measured stance toward the coming year. For you as an investor, the update highlights how NasdaqGS:TTWO is balancing established console and PC franchises with a growing presence in mobile gaming. The company operates in a sector where large publishers are competing for time, spending, and attention across platforms, while player behavior continues to shift toward live services and mobile experiences. In that context, the mix of strong current titles and careful guidance is particularly important. Looking ahead, the cautious outlook on revenue and EBITDA may reflect internal timing choices around future releases, competitive pressure, or cost planning, even as existing franchises continue to support results. The key question for you is how this guidance sets expectations ahead of upcoming major launches and whether the current share price already reflects that more conservative tone. Stay updated on the most important news stories for Take-Two Interactive Software by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Take-Two Interactive Software. See which insiders are buying and buying and selling Take-Two Interactive Software following this latest news. ✅ Price vs Analyst Target: At US$224.16, the stock trades about 20% below the US$278.79 analyst target. ⚖️ Simply Wall St Valuation: Shares are described as trading close to estimated fair value, so the valuation signal is neutral. ✅ Recent Momentum: The stock is up 3.8% over the last 30 days. There is only one way to know the right time to buy, sell or hold Take-Two Interactive Software. Head to Simply Wall St's company report for the latest analysis of Take-Two Interactive Software's Fair Value. 📊 Strong franchise performance and growing mobile revenue are supporting the story even as full year guidance came in cautious versus peers. 📊 Keep an eye on how future...

Take-Two’s first quarter results were well received by the market, reflecting strong execution across its core franchises and robust growth in mobile gaming. Management credited the outperformance to enduring engagement with titles like Grand Theft Auto V and NBA 2K, as well as the continued success of Zynga’s mobile portfolio. CEO Strauss Zelnick highlighted, “These titles have proven to be vastly more resilient than anyone expected,” emphasizing the company’s strength in live services. The direct-to-consumer channel also played a significant role in driving margin improvements and customer loyalty. Is now the time to buy TTWO? Find out in our full research report (it’s free). Revenue: $1.58 billion vs analyst estimates of $1.56 billion (flat year on year, 1.5% beat) EPS (GAAP): -$0.32 vs analyst estimates of -$0.52 (38.4% beat) Adjusted EBITDA: $240.2 million vs analyst estimates of $188.7 million (15.2% margin, 27.3% beat) Revenue Guidance for Q2 CY2026 is $1.48 billion at the midpoint, below analyst estimates of $1.54 billion EPS (GAAP) guidance for the upcoming financial year 2027 is $0.65 at the midpoint, missing analyst estimates by 82.7% EBITDA guidance for the upcoming financial year 2027 is $1.04 billion at the midpoint, below analyst estimates of $1.95 billion Market Capitalization: $40.56 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Eric Handler (ROTH Capital Partners) asked about the $300 million operating expense increase, specifically the split between marketing and other costs. CFO Lainie Goldstein clarified that about half is for company-wide marketing, with the rest tied to personnel and R&D, and expects expense leverage as revenue grows. Colin Sebastian (Baird) questioned whether lower current-gen console installs would affect pricing or preorders for GTA VI. CEO Strauss Zelnick explained pricing is based on perceived entertainment value, not hardware base, and cited the success of appropriately priced legacy titles. Doug Creutz (TD Cowen) pressed on the cautious mobile outlook, asking if guidance factored in recent performance or general prudence. Zelnick responded the outlook reflects...

Take-Two Interactive (TTWO) just had the kind of post-earnings day that looks ugly on a chart but reads very differently in a research note. The stock closed down 4.42% at $227.55 on Friday, May 22, 2026, after fiscal 2027 net bookings guidance of $8.0 billion to $8.2 billion landed well below the roughly $9.13 billion Wall Street consensus. That guide became the headline. The "Grand Theft Auto VI" launch date, reaffirmed for Nov. 19, became the footnote. But Wedbush thinks investors got that backwards. In a note published on May 22, the firm called the fiscal 2027 guide "overly conservative," Investopedia noted, and consistent with what it sees as Take-Two's well-documented habit of sandbagging in major launch years. The firm kept its outperform rating, $300 price target, and Best Ideas List inclusion intact. If Wedbush is right, Friday's drop was a setup, not a warning. Wedbush's argument rests on pattern recognition. Take-Two has a long history of issuing pre-launch guidance that the company then steps over comfortably once a major franchise title actually ships. Bank of America, MKM, and KeyBanc all flagged the same "conservative guidance" pattern when Take-Two issued its soft fiscal 2020 outlook after the launch of "Red Dead Redemption 2." According to The Motley Fool, that game went on to generate $725 million in opening-weekend sales and has since sold more than 85 million units, GameRant reported. Related: Morgan Stanley sends clear message on Take-Two stock ahead of GTA VI Wedbush wrote that the $8.0B to $8.2B range is "intentional conservatism consistent with Take-Two's historical floor-guidance pattern in major launch years," Yahoo Finance reports. The firm also bumped its probability that "GTA VI" is released on the November date from 75% to 90%. That second move matters more than it sounds. Delay risk has been the overhang on this stock for two years. Q1 FY27 guide of $8.0B to $8.2B is a floor, not a forecast. GTA VI launch date probability raised to 90%. Outperform rating, $300 price target, and Best Ideas List inclusion all reiterated. Stock trades at just 23x consensus FY28 EPS, which Wedbush says doesn't price in "GTA VI." Wedbush isn't alone in defending TTWO, but its number sits at the top of the post-earnings range. Wells Fargo's Alec Brondolo cut his price target to $287 from $293 on Friday, May 22, while keeping an overweight rating, ac...

Earnings season is winding down, but we still have a couple of big name companies reporting. This week we have Dell Technologies (DELL), Marvell Technology (MRVL), Snowflake (SNOW), Salesforce (CRM) and Costco (COST) all reporting. Before a company reports earnings, implied volatility is usually high because the market is unsure about the outcome of the report. Speculators and hedgers create huge demand for the company’s options which increases the implied volatility, and therefore, the price of options. Micron Stock is Up over 133% From Its Lows - But Is MU Still Undervalued? Nvidia Hikes Its Dividend and Buybacks Based on Surging FCF - Is NVDA Too Cheap? Real Money Flows + Fed Pause + Seasonal Timing: The AUD Setup Traders Are Watching! Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. After the earnings announcement, implied volatility usually drops back down to normal levels. Let’s take a look at the expected range for these stocks. To calculate the expected range, look up the option chain and add together the price of the at-the-money put option and the at-the-money call option. Use the first expiry date after the earnings date. While this approach is not as accurate as a detailed calculation, it does serve as a reasonably accurate estimate. Monday Memorial Day Holiday Tuesday Nothing of note Wednesday MRVL – 13.5% SNOW – 13.5% PDD – 6.5% CRM – 8.7% SNPS – 8.5% Thursday DELL – 11.7% COST – 3.7% Friday Nothing of note Option traders can use these expected moves to structure trades. Bearish traders can look at selling bear call spreads outside the expected range. Bullish traders can sell bull put spreads outside the expected range, or look at naked puts for those with a higher risk tolerance. Neutral traders can look at iron condors. When trading iron condors over earnings, it is best to keep the short strikes outside the expected range. When trading options over earnings, it is best to stick to risk defined strategies and keep position size small. If the stock makes a larger than expected move and the trade suffers a full loss, it should not have more than a 1-3% effect on your portfolio. Stocks With High Implied Volatility We can use Barchart’s Stock Screener to find other stocks with high implied volatility. Let’s run the stock screener with the following filters: Total call v...

Take-Two Interactive Software TTWO posted a fourth-quarter fiscal 2026 GAAP net loss of 32 cents per share, narrower than a loss of $21.08 reported in the year-ago quarter.TTWO reported adjusted earnings of 80 cents per share, down 26.6% year over year, but surpassed the Zacks Consensus Estimate by 42.86%.GAAP net revenues increased 6.1% year over year to $1.68 billion and beat the Zacks Consensus Estimate of $1.55 billion. The largest contributors to GAAP net revenues included NBA 2K26 and NBA 2K25, Grand Theft Auto Online and Grand Theft Auto V, Toon Blast, Empires & Puzzles, Match Factory!, Color Block Jam, Red Dead Redemption 2 and Red Dead Online, Words With Friends, Borderlands 4 and WWE 2K26. The quarter again highlighted the breadth of Take-Two’s portfolio across console, PC and mobile.Revenues from the United States increased 4.8% year over year to $991.7 million and accounted for 59% of GAAP net revenues. The rest came from international revenues, which rose 8.1% year over year to $688.1 million. Take-Two Interactive Software, Inc. price-consensus-eps-surprise-chart | Take-Two Interactive Software, Inc. Quote Game revenues increased 6.4% year over year to $1.57 billion and accounted for 93.4% of total revenues. The rest came from advertising revenues, which rose 2.5% year over year to $111.4 million, representing the remaining 6.6%.Net Bookings were essentially flat year over year at $1.58 billion. Bookings from the United States decreased 3.0% year over year to $932.7 million, accounting for 59% of total Net Bookings. The rest came from international bookings, which increased 4.4% year over year to $647.6 million. Recurrent consumer spending grew 7% year over year for the period and accounted for 82% of total Net Bookings.In terms of distribution channels, Digital online revenues increased 7.2% year over year to $1.64 billion and represented 97.4% of GAAP net revenues. Physical retail and other revenues decreased 22.1% year over year to $44.3 million and accounted for the remaining 2.6% of GAAP net revenues. Digital online net bookings edged up 0.8% year over year to $1.54 billion and comprised 97.5% of net bookings, while Physical retail and other net bookings fell 24.2% year over year to $40.0 million, representing 2.5% of net bookings.In terms of platform, mobile, console, and PC and other contributed 50.2%, 40.2% and 9.6% of GAAP net revenues,...

The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.

All three major US stock indexes were up in late-morning trading Friday, as Wall Street is set to se

Take-Two Interactive (TTWO) came out with quarterly earnings of $0.8 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +42.86%. A quarter ago, it was expected that this publisher of "Grand Theft Auto" and other video games would post earnings of $0.83 per share when it actually produced earnings of $1.23, delivering a surprise of +48.19%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Take-Two, which belongs to the Zacks Gaming industry, posted revenues of $1.58 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.90%. This compares to year-ago revenues of $1.58 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Take-Two shares have lost about 7.6% since the beginning of the year versus the S&P 500's gain of 8.6%. While Take-Two has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Take-Two was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1...

US equity markets were trending lower before the opening bell Thursday as traders monitor the latest