Take-Two Interactive Software (NASDAQ:TTWO) Updates FY 2026 Earnings Guidance

Key Points

• Take-Two Interactive Software has updated its FY 2026 earnings guidance, projecting an EPS of 2.600-2.850 and revenue between $6.1 billion-$6.2 billion, both surpassing consensus estimates.
• Share prices for Take-Two Interactive fell slightly to $226.49, while analysts maintain a consensus rating of "Moderate Buy" with an average target price of $234.05.
• Insider trading activity showed a considerable sale, with President Karl Slatoff selling over 216,661 shares, reflecting a notable decrease in ownership of the company's stock.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.600-2.850 for the period, compared to the consensus EPS estimate of 2.711. The company issued revenue guidance of $6.1 billion-$6.2 billion, compared to the consensus revenue estimate of $6.0 billion. Take-Two Interactive Software also updated its Q2 2026 guidance to 0.850-0.950 EPS.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TTWO shares. Wells Fargo & Company began coverage on Take-Two Interactive Software in a research report on Monday, July 28th. They set an "overweight" rating and a $265.00 target price for the company. JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a report on Friday, May 16th. Wedbush raised shares of Take-Two Interactive Software to a "strong-buy" rating in a report on Tuesday, July 1st. DA Davidson raised their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, Wall Street Zen cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $234.05.

Take-Two Interactive Software Trading Down 0.3%

Shares of TTWO traded down $0.72 during trading hours on Thursday, reaching $226.49. 2,214,254 shares of the company traded hands, compared to its average volume of 1,750,007. The firm has a market cap of $41.78 billion, a price-to-earnings ratio of -8.92, a PEG ratio of 5.75 and a beta of 0.99. Take-Two Interactive Software has a 12-month low of $135.24 and a 12-month high of $245.07. The stock's fifty day moving average price is $233.71 and its 200 day moving average price is $218.84. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 216,661 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the transaction, the president owned 1,206,427 shares of the company's stock, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total value of $6,093,552.32. Following the transaction, the insider directly owned 152,271 shares in the company, valued at $34,294,474.62. The trade was a 15.09% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 460,792 shares of company stock worth $104,014,443. Insiders own 1.34% of the company's stock.

Institutional Trading of Take-Two Interactive Software

A number of hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its holdings in Take-Two Interactive Software by 118.7% in the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company's stock valued at $63,000 after acquiring an additional 165 shares in the last quarter. Empowered Funds LLC increased its position in shares of Take-Two Interactive Software by 13.2% in the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company's stock valued at $688,000 after purchasing an additional 388 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at approximately $425,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.

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