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

Take-Two Interactive Software (NASDAQ:TTWO) updated its FY 2027 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 5.750-6.000 for the period, compared to the consensus EPS 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 Stock Performance

TTWO traded down $7.47 on Monday, reaching $207.40. 5,407,432 shares of the stock were exchanged, compared to its average volume of 2,374,177. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. Take-Two Interactive Software has a fifty-two week low of $183.86 and a fifty-two week high of $265.94. The firm has a market capitalization of $38.78 billion, a PE ratio of -119.88, a PEG ratio of 1.60 and a beta of 0.93. The company’s 50-day moving average price is $207.53 and its 200 day moving average price is $219.12.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Monday, November 9th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.97 by ($1.26). The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.64 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 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 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Wells Fargo & Company reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a report on Monday, October 12th. Arete Research lowered their target price on shares of Take-Two Interactive Software from $308.00 to $295.00 and set a “buy” rating for the company in a research note on Wednesday, September 9th. DA Davidson reiterated a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Oppenheimer reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. Finally, Roth Capital upped their price objective on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $287.76.

Insider Activity at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 334 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total value of $67,775.28. Following the completion of the transaction, the director owned 1,332 shares of the company’s stock, valued at approximately $270,289.44. This trade represents a 20.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Sheresky sold 484 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $203.69, for a total transaction of $98,585.96. Following the completion of the transaction, the director owned 66,010 shares of the company’s stock, valued at $13,445,576.90. This trade represents a 0.73% 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. Insiders sold a total of 13,636 shares of company stock worth $2,825,391 over the last ninety days. Company insiders own 1.12% of the company’s stock.

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.