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

Take-Two Interactive Software (NASDAQ:TTWO) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 5.750-6.000 for the period, compared to the consensus estimate of 2.490. 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 Q2 2027 guidance to 0.900-1.000 EPS.

Analyst Ratings Changes

TTWO has been the subject of several analyst reports. Zacks Research raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. DA Davidson reissued a “buy” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, June 15th. Finally, Bank of America lifted their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $295.38.

Take-Two Interactive Software Stock Down 1.0%

Shares of NASDAQ TTWO opened at $232.47 on Friday. The stock has a market cap of $43.47 billion, a P/E ratio of -143.50, a PEG ratio of 4.37 and a beta of 0.97. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software has a 12-month low of $187.63 and a 12-month high of $265.94. The business’s fifty day simple moving average is $235.89 and its 200-day simple moving average is $221.32.

Insider Activity at Take-Two Interactive Software

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

Institutional Investors Weigh In On Take-Two Interactive Software

A number of large investors have recently modified their holdings of TTWO. UMB Bank n.a. grew its position in shares of Take-Two Interactive Software by 12.4% in the 4th quarter. UMB Bank n.a. now owns 535 shares of the company’s stock valued at $137,000 after purchasing an additional 59 shares during the period. Hilltop Holdings Inc. increased its stake in Take-Two Interactive Software by 2.7% during the 3rd quarter. Hilltop Holdings Inc. now owns 2,351 shares of the company’s stock worth $607,000 after purchasing an additional 61 shares in the last quarter. L2 Asset Management LLC raised its holdings in Take-Two Interactive Software by 7.3% during the 4th quarter. L2 Asset Management LLC now owns 900 shares of the company’s stock worth $230,000 after buying an additional 61 shares during the period. Johnson Financial Group Inc. raised its holdings in Take-Two Interactive Software by 12.7% during the 4th quarter. Johnson Financial Group Inc. now owns 594 shares of the company’s stock worth $152,000 after buying an additional 67 shares during the period. Finally, Vestor Capital LLC lifted its stake in Take-Two Interactive Software by 20.2% in the fourth quarter. Vestor Capital LLC now owns 410 shares of the company’s stock valued at $105,000 after buying an additional 69 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

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.