Take-Two Interactive Software (NASDAQ:TTWO) Updates Q2 2027 Earnings Guidance

Take-Two Interactive Software (NASDAQ:TTWO) updated its second quarter 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.900-1.000 for the period, compared to the consensus earnings per share estimate of -0.370. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion. Take-Two Interactive Software also updated its FY 2027 guidance to 5.750-6.000 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TTWO shares. Wells Fargo & Company lifted their target price on Take-Two Interactive Software from $287.00 to $289.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. BTIG Research reaffirmed a “buy” rating and set a $293.00 target price on shares of Take-Two Interactive Software in a report on Monday, July 27th. Raymond James Financial set a $300.00 price target on Take-Two Interactive Software in a research report on Thursday. Zacks Research raised Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, Bank of America lifted their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $296.73.

Take-Two Interactive Software Trading Up 6.0%

Take-Two Interactive Software stock opened at $246.50 on Friday. The company has a 50 day moving average price of $236.34 and a 200 day moving average price of $221.49. Take-Two Interactive Software has a 52 week low of $187.63 and a 52 week high of $265.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a market capitalization of $46.09 billion, a price-to-earnings ratio of -152.16, a P/E/G ratio of 4.32 and a beta of 0.97.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 4,419 shares of Take-Two Interactive Software stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $230.00, for a total transaction of $1,016,370.00. Following the transaction, the insider owned 113,988 shares in the company, valued at approximately $26,217,240. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Dornemann sold 1,151 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the transaction, the director directly owned 20,374 shares in the company, valued at $4,421,565.48. The trade was a 5.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 569,936 shares of company stock valued at $128,431,438. 1.12% of the stock is currently owned by company insiders.

Key Headlines Impacting Take-Two Interactive Software

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

• Positive Sentiment: Revenue and adjusted earnings beat estimates: Fiscal Q1 revenue reached $1.53 billion, ahead of analysts’ roughly $1.36 billion-$1.41 billion expectations. Adjusted EPS was reported at $0.36 versus a $0.31 consensus estimate, while adjusted EBITDA of $167 million topped expectations of $155 million. Take-Two Q1 earnings beat expectations ahead of GTA VI launch
• Positive Sentiment: GTA VI remains on schedule: Take-Two reiterated that Grand Theft Auto VI is on track for its November release, with preorders already underway. The launch is a major potential catalyst because investors expect the title to drive bookings, revenue and cash flow. Take-Two sticks to annual bookings outlook, says on track for GTA VI November launch
• Positive Sentiment: Full-year earnings guidance was raised relative to consensus: Take-Two projected fiscal 2027 EPS of $5.75-$6.00, well above the cited $2.49 analyst consensus, suggesting substantial earnings growth as new releases contribute. Take-Two Reports Fiscal First Quarter 2027 Results
• Neutral Sentiment: Annual outlook was maintained, not increased: Management kept its fiscal 2027 net bookings forecast unchanged, indicating confidence in the existing plan but offering no incremental upgrade ahead of GTA VI. Take-Two’s Earnings and Bookings Guidance Shows How World Awaits Grand Theft Auto VI
• Negative Sentiment: Bookings declined and the GAAP loss widened: Net bookings fell 3% year over year to $1.39 billion. The company also reported a GAAP loss of $0.18 per share, versus a $0.07 loss a year earlier, while revenue declined 2.1% year over year. Fiscal 2027 revenue guidance of $8.0 billion-$8.2 billion was below the cited $8.6 billion consensus. Take-Two Logs Higher Sales but Loss Widens

Hedge Funds Weigh In On Take-Two Interactive Software

Large investors have recently made changes to their positions in the business. Transamerica Financial Advisors LLC grew its position in Take-Two Interactive Software by 79.5% during the fourth quarter. Transamerica Financial Advisors LLC now owns 219 shares of the company’s stock valued at $56,000 after purchasing an additional 97 shares in the last quarter. EFG International AG purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $60,000. DV Equities LLC purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $61,000. Geneos Wealth Management Inc. boosted its stake in shares of Take-Two Interactive Software by 118.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock valued at $63,000 after buying an additional 165 shares during the period. Finally, Wexford Capital LP acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $70,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

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.