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

Take-Two Interactive Software (NASDAQ:TTWO) issued an update on its third quarter 2027 earnings guidance on Monday. 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 Stock Performance

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

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Monday, November 9th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of $0.97 by ($1.26). The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate 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, analysts predict that Take-Two Interactive Software will post 5.19 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on TTWO shares. Wedbush reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Take-Two Interactive Software in a research report on Monday, November 2nd. Raymond James Financial reissued a “strong-buy” rating on shares of Take-Two Interactive Software in a report on Wednesday, October 14th. Robert W. Baird lifted their price target 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. UBS Group set a $310.00 price target on Take-Two Interactive Software in a research note on Monday, September 28th. Finally, Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a 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 given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $287.76.

Insider Buying and Selling

In other news, Director LaVerne Srinivasan sold 362 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $245.01, for a total value 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. The trade was a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Sheresky sold 484 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $203.69, for a total value of $98,585.96. Following the completion of the sale, the director owned 66,010 shares of the company’s stock, valued at approximately $13,445,576.90. This trade represents a 0.73% decrease in their ownership of the stock. 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 13,636 shares of company stock valued at $2,825,391 in the last quarter. Corporate insiders own 1.12% of the company’s stock.

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.