Take-Two Interactive Software (NASDAQ:TTWO) Issues FY 2027 Earnings Guidance

Take-Two Interactive Software (NASDAQ:TTWO) issued an update on its FY 2027 earnings guidance on Monday morning. The company provided EPS guidance of 5.750-6.000 for the period, compared to the consensus estimate of 2.410. The company issued revenue guidance of $8.0 billion-$8.2 billion, compared to the consensus revenue estimate of $8.6 billion. Take-Two Interactive Software also updated its Q3 2027 guidance to 3.800-4.000 EPS.

Analyst Upgrades and Downgrades

TTWO has been the topic of several analyst reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Take-Two Interactive Software in a report on Wednesday, October 14th. Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a report on Monday, August 10th. BTIG Research reduced their price target on shares of Take-Two Interactive Software from $313.00 to $262.00 and set a “buy” rating on the stock in a research report on Wednesday, November 4th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, DA Davidson reaffirmed a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $288.05.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $207.40 on Tuesday. The stock’s fifty day moving average is $206.97 and its 200-day moving average is $218.96. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $38.78 billion, a PE ratio of -119.88, a PEG ratio of 1.55 and a beta of 0.93. Take-Two Interactive Software has a 52 week low of $183.86 and a 52 week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Monday, November 9th. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($1.25). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the business posted ($0.73) earnings per share. The business’s quarterly revenue was down 18.4% compared to the same quarter last year. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Equities research analysts expect that Take-Two Interactive Software will post 5.19 EPS for the current fiscal year.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel Emerson sold 744 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $217.03, for a total value of $161,470.32. Following the completion of the sale, the insider owned 112,327 shares in the company, valued at approximately $24,378,328.81. This trade represents a 0.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Ellen Siminoff sold 334 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $202.92, for a total transaction of $67,775.28. Following the completion of the transaction, the director directly owned 1,332 shares of the company’s stock, valued at approximately $270,289.44. This represents a 20.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 13,636 shares of company stock worth $2,825,391. 1.12% of the stock is currently owned by insiders.

Key Stories Impacting Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: CEO Strauss Zelnick said GTA VI preorders are at unprecedented levels and tracking far above expectations, a significant demand signal ahead of the game’s scheduled November 19 launch. Article: Grand Theft Auto 6 pre-orders are tracking far above expectations
• Positive Sentiment: Take-Two reiterated fiscal 2027 net bookings guidance of $8.0 billion to $8.2 billion despite the strong preorder commentary. Some investors may see the unchanged forecast as conservative if launch demand translates into stronger-than-expected bookings. Article: Take-Two reiterates FY2027 net bookings guidance
• Neutral Sentiment: Investor focus is likely to remain on whether GTA VI meets high expectations at launch and whether the company’s outlook is revised as sales data develops.
• Negative Sentiment: Second-quarter net bookings were $1.6 billion, slightly below initial guidance. Reports also highlighted lower year-over-year revenue and a shortfall against analyst expectations, while Take-Two’s next-quarter bookings outlook was reported below estimates—potential near-term headwinds despite the blockbuster launch approaching. Article: Take-Two projects third-quarter bookings below estimates

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga.

The company’s portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.

Founded in 1993 and headquartered in New York City, Take-Two acquired mobile-game publisher Zynga in 2022.