Take-Two Interactive Software (NASDAQ:TTWO) Releases Q3 2027 Earnings Guidance

Take-Two Interactive Software (NASDAQ:TTWO) updated its third quarter 2027 earnings guidance on Monday morning. The company provided earnings per share guidance of 3.800-4.000 for the period, compared to the consensus estimate of 2.080. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion. Take-Two Interactive Software also updated its FY 2027 guidance to 5.750-6.000 EPS.

Take-Two Interactive Software Price Performance

TTWO stock traded down $7.47 during trading on Monday, hitting $207.40. The company had a trading volume of 5,930,117 shares, compared to its average volume of 2,384,303. The business has a 50 day moving average of $207.53 and a 200 day moving average of $219.12. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $38.78 billion, a price-to-earnings ratio of -119.88, a P/E/G ratio of 1.60 and a beta of 0.93. Take-Two Interactive Software has a fifty-two week low of $183.86 and a fifty-two week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. Take-Two Interactive Software’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.07) EPS. As a group, research analysts predict that Take-Two Interactive Software will post 5.19 earnings per share for the current year.

Wall Street Analyst Weigh In

TTWO has been the subject of several research reports. Robert W. Baird raised their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. BTIG Research cut their price target on Take-Two Interactive Software from $313.00 to $262.00 and set a “buy” rating for the company in a research note on Wednesday, November 4th. Arete Research cut their target price on Take-Two Interactive Software from $308.00 to $295.00 and set a “buy” rating on the stock in a report on Wednesday, September 9th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Take-Two Interactive Software in a research report on Wednesday, October 14th. Finally, The Goldman Sachs Group raised their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $287.76.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software 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 transaction, the director directly owned 1,332 shares in the company, valued at approximately $270,289.44. The trade was a 20.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Emerson sold 744 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider owned 112,327 shares of the company’s stock, valued at $24,378,328.81. This represents a 0.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold a total of 13,636 shares of company stock worth $2,825,391 in the last three months. 1.12% of the stock is owned by insiders.

Take-Two Interactive Software News Summary

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

• Positive Sentiment: Take-Two said Grand Theft Auto VI is due to launch November 19, just ten days after the earnings announcement, with pre-orders continuing. The release is a major potential sales catalyst. Take-Two fiscal second-quarter results
• Positive Sentiment: Fiscal 2027 EPS guidance of $5.75–$6.00 is well above the cited analyst consensus of $2.41. Third-quarter EPS guidance of $3.80–$4.00 also exceeds consensus of $2.08.
• Positive Sentiment: Macquarie initiated coverage with an Outperform rating and a $300 price target, signaling a bullish view of the company’s prospects. Macquarie rating and price target
• Negative Sentiment: Second-quarter EPS was a loss of $0.29, missing the $0.97 consensus, while revenue of $1.50 billion fell short of the $1.64 billion estimate. Take-Two fiscal second-quarter results
• Negative Sentiment: Take-Two’s fiscal 2027 revenue forecast of $8.0–$8.2 billion is below the $8.6 billion consensus. Reuters also reported that projected third-quarter bookings were below estimates, raising concerns about near-term sales expectations ahead of GTA VI. Reuters report on bookings outlook

About Take-Two Interactive Software

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.