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. The company provided earnings per share (EPS) guidance of 3.800-4.000 for the period, compared to the consensus EPS 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 Stock Performance

TTWO opened at $207.40 on Tuesday. 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 price-to-earnings ratio of -119.88, a PEG ratio of 1.55 and a beta of 0.93. The company has a fifty day moving average of $206.97 and a 200 day moving average of $218.96. 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 announced its quarterly earnings results on Monday, November 9th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.96 by ($1.25). The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. The firm’s revenue for the quarter was down 18.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.73) EPS. 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. As a group, sell-side analysts forecast that Take-Two Interactive Software will post 5.19 earnings per share for the current fiscal year.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. JPMorgan Chase & Co. started coverage on Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 target price on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Tuesday, October 6th. Oppenheimer reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. Robert W. Baird upped their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Bank of America decreased their price objective on Take-Two Interactive Software from $368.00 to $330.00 and set a “buy” rating on the stock in a report on Tuesday, October 27th. One 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $288.05.

Insider Buying and Selling

In other news, Director William B. Gordon sold 10,000 shares of the stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $202.39, for a total value of $2,023,900.00. Following the sale, the director owned 47,187 shares of the company’s stock, valued at approximately $9,550,176.93. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director LaVerne Srinivasan sold 362 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $88,693.62. Following the completion of the sale, the director directly owned 8,357 shares in the company, valued at approximately $2,047,548.57. This represents a 4.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 13,636 shares of company stock valued at $2,825,391 over the last 90 days. 1.12% of the stock is currently owned by insiders.

Key Take-Two Interactive Software News

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.