Take-Two Interactive Software (NASDAQ:TTWO) Announces 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 earnings per share 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.

Take-Two Interactive Software Trading Down 3.5%

Shares of NASDAQ TTWO traded down $7.47 during midday trading on Monday, reaching $207.40. 5,972,792 shares of the stock were exchanged, compared to its average volume of 2,384,303. Take-Two Interactive Software has a 12 month low of $183.86 and a 12 month high of $265.94. The company 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. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50-day simple moving average of $207.53 and a two-hundred day simple moving average of $219.12.

Take-Two Interactive Software (NASDAQ:TTWO) last released 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 firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) EPS. As a group, equities research analysts expect that Take-Two Interactive Software will post 5.19 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Tuesday, October 6th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Take-Two Interactive Software in a research report on Wednesday, October 14th. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Wells Fargo & Company reissued an “overweight” rating on shares of Take-Two Interactive Software in a research note on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $287.76.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen Siminoff sold 334 shares of the 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 owned 1,332 shares in the company, valued at approximately $270,289.44. This represents a 20.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Emerson sold 917 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $217.65, for a total value of $199,585.05. Following the transaction, the insider owned 113,071 shares of the company’s stock, valued at approximately $24,609,903.15. This trade represents a 0.80% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders sold 13,636 shares of company stock worth $2,825,391. Company insiders own 1.12% of the company’s stock.

Key Take-Two Interactive Software News

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

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.