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

Key Points

• Take-Two guided for Q3 2027 EPS of $3.80–$4.00, well above the $2.08 consensus estimate; revenue guidance of $3.4–$3.5 billion was around the $3.4 billion consensus.
• The company set FY 2027 EPS guidance at $5.75–$6.00, compared with analysts’ current-year estimate of $5.19.
• Its latest reported quarter missed expectations, with EPS of -$0.29 versus a $0.97 consensus and revenue of $1.50 billion versus $1.64 billion expected. Shares fell $7.47 to $207.40 in Monday trading.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) 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.

Analyst Upgrades and Downgrades

TTWO has been the subject of several analyst reports. Wells Fargo & Company restated an "overweight" rating on shares of Take-Two Interactive Software in a report on Monday, October 12th. Arete Research dropped their target price on Take-Two Interactive Software from $308.00 to $295.00 and set a "buy" rating on the stock in a report on Wednesday, September 9th. Weiss Ratings reissued a "sell (d-)" rating on shares of Take-Two Interactive Software in a research report on Tuesday, October 6th. Wedbush reissued an "outperform" rating and set a $280.00 price target on shares of Take-Two Interactive Software in a research report on Monday, November 2nd. Finally, Robert W. Baird raised their price target on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an "outperform" rating in a research note 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $287.76.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded down $7.47 during midday trading on Monday, reaching $207.40. The stock had a trading volume of 5,407,432 shares, compared to its average volume of 2,374,177. The firm has a 50 day simple moving average of $207.53 and a 200-day simple moving average of $219.12. Take-Two Interactive Software has a one year low of $183.86 and a one year high of $265.94. The firm 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 company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $1.50 billion for the quarter, compared to analyst estimates 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%. 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 anticipate that Take-Two Interactive Software will post 5.19 EPS for the current year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 917 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $217.65, for a total value of $199,585.05. Following the sale, the insider owned 113,071 shares in the company, valued at $24,609,903.15. This represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director William B. Gordon sold 10,000 shares of the company's stock in a transaction that occurred 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 completion of the sale, the director owned 47,187 shares in the company, valued at $9,550,176.93. This represents a 17.49% decrease in their position. 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 a total of 13,636 shares of company stock valued at $2,825,391 in the last three months. Corporate 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.

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