Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 5.750-6.000 for the period, compared to the consensus earnings per share estimate of 4.220. The company issued revenue guidance of $8.0 billion-$8.2 billion, compared to the consensus revenue estimate of $9.3 billion. Take-Two Interactive Software also updated its Q1 2027 guidance to 0.250-0.350 EPS.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on TTWO. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, February 2nd. DA Davidson reaffirmed a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. UBS Group increased their price objective on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday, January 21st. Finally, Wedbush reissued an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $287.93.
Read Our Latest Stock Report on Take-Two Interactive Software
Take-Two Interactive Software Price Performance
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last announced its earnings results on Thursday, May 21st. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.90). The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.55 billion. Take-Two Interactive Software had a positive return on equity of 17.73% and a negative net margin of 60.45%.Take-Two Interactive Software has set its Q1 2027 guidance at 0.250-0.350 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Research analysts forecast that Take-Two Interactive Software will post 2.44 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 1,698 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $213.62, for a total value of $362,726.76. Following the transaction, the insider directly owned 125,001 shares in the company, valued at $26,702,713.62. This represents a 1.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Dornemann sold 1,390 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $213.09, for a total value of $296,195.10. Following the completion of the transaction, the director owned 21,525 shares in the company, valued at $4,586,762.25. This represents a 6.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 64,724 shares of company stock valued at $13,866,155 over the last 90 days. 1.34% of the stock is owned by insiders.
Key Headlines Impacting Take-Two Interactive Software
Here are the key news stories impacting Take-Two Interactive Software this week:
- Positive Sentiment: Take-Two reiterated the November 19 launch date for GTA VI, a major catalyst that supports investor confidence in future bookings and earnings. Reuters article
- Positive Sentiment: The company issued FY 2027 EPS guidance of 5.75-6.00, well above consensus, suggesting meaningful profit growth ahead. Press release
- Positive Sentiment: Fiscal Q4 revenue of $1.68 billion topped estimates, showing the business is still generating strong sales even before GTA VI launches. Press release
- Neutral Sentiment: Take-Two’s Q1 FY 2027 EPS guidance of 0.25-0.35 beat expectations, but revenue guidance of $1.3 billion-$1.4 billion came in below consensus. Slide deck
- Negative Sentiment: FY 2027 revenue guidance of $8.0 billion-$8.2 billion was below Wall Street estimates, signaling bookings/revenue may lag expectations despite the stronger earnings outlook. Business Wire article
- Negative Sentiment: Reported Q4 EPS of -$0.32 missed consensus, underscoring that current profitability remains pressured ahead of the GTA VI cycle. Business Wire article
Hedge Funds Weigh In On Take-Two Interactive Software
Several institutional investors have recently modified their holdings of TTWO. Transamerica Financial Advisors LLC raised its stake in shares of Take-Two Interactive Software by 79.5% during the fourth quarter. Transamerica Financial Advisors LLC now owns 219 shares of the company’s stock worth $56,000 after acquiring an additional 97 shares in the last quarter. EFG International AG purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth approximately $60,000. DV Equities LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth approximately $61,000. Geneos Wealth Management Inc. raised its stake in shares of Take-Two Interactive Software by 118.7% during the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock worth $63,000 after acquiring an additional 165 shares in the last quarter. Finally, Wexford Capital LP purchased a new position in shares of Take-Two Interactive Software during the third quarter worth approximately $70,000. 95.46% of the stock is currently owned by institutional investors.
About Take-Two Interactive Software
Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.
Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.
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