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

Key Points

• Take-Two projected FY 2027 EPS of $5.75–$6.00, well above the $2.41 consensus estimate, but forecast revenue of $8.0–$8.2 billion, below the $8.6 billion consensus.
• The company set Q3 FY 2027 EPS guidance at $3.80–$4.00.
• Shares fell 3.5% to $207.40 in Monday midday trading. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $287.76.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) updated its FY 2027 earnings guidance on Monday. The company provided earnings per share guidance of 5.750-6.000 for the period, compared to the consensus 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 Down 3.5%

Take-Two Interactive Software stock traded down $7.47 during midday trading on Monday, hitting $207.40. 5,407,432 shares of the company's stock were exchanged, compared to its average volume of 2,374,177. 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 company has a market cap of $38.78 billion, a PE ratio of -119.88, a P/E/G ratio of 1.60 and a beta of 0.93. The firm has a 50-day moving average of $207.53 and a two-hundred day moving average of $219.12. Take-Two Interactive Software has a 12 month low of $183.86 and a 12 month high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) 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). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.64 billion. 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 expect 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 several research reports. UBS Group set a $310.00 price objective on shares of Take-Two Interactive Software in a report on Monday, September 28th. Roth Capital upped their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, August 10th. The Goldman Sachs Group increased their target price 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. BMO Capital Markets reiterated an "outperform" rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Finally, Arete Research reduced their price target on Take-Two Interactive Software from $308.00 to $295.00 and set a "buy" rating for the company in a research report on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $287.76.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 484 shares of the company's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $203.69, for a total transaction of $98,585.96. Following the transaction, the director directly owned 66,010 shares of the company's stock, valued at approximately $13,445,576.90. This represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen Siminoff sold 334 shares of the stock in a transaction 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 sale, the director owned 1,332 shares of the company's stock, valued at approximately $270,289.44. This represents a 20.05% 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. In the last ninety days, insiders sold 13,636 shares of company stock valued at $2,825,391. 1.12% of the stock is currently owned by company insiders.

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.

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