Take-Two Interactive Software (NASDAQ:TTWO) Updates Q2 2026 Earnings Guidance

Key Points

• Take-Two Interactive Software has updated its Q2 2026 earnings guidance, projecting earnings per share between 0.850-0.950, significantly lower than the consensus estimate of 1.105.
• The company also expects revenue for the quarter to be between $1.7 billion and $1.8 billion, aligning with analyst estimates.
• Several analysts have adjusted their target prices for the stock, with UBS raising it from $230.00 to $275.00 and a consensus target of $234.05 for Take-Two shares.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.850-0.950 for the period, compared to the consensus earnings per share estimate of 1.105. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion. Take-Two Interactive Software also updated its FY 2026 guidance to 2.600-2.850 EPS.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded down $0.72 during trading hours on Thursday, hitting $226.49. 2,214,254 shares of the stock were exchanged, compared to its average volume of 1,750,007. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $245.07. The company's 50 day moving average is $233.71 and its 200 day moving average is $218.84. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market capitalization of $41.78 billion, a P/E ratio of -8.92, a P/E/G ratio of 5.75 and a beta of 0.99.

Analyst Ratings Changes

TTWO has been the subject of several recent analyst reports. BMO Capital Markets restated an "outperform" rating and set a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. UBS Group increased their price objective on Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Benchmark raised their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. DA Davidson upped 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, JPMorgan Chase & Co. raised their price target on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $234.05.

Insider Activity at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 216,661 shares of the firm's stock in a transaction dated 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 chief executive officer owned 1,206,427 shares in the company, valued at $272,350,895.25. This trade represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the business's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $237.80, for a total value of $98,449.20. Following the sale, the director directly owned 3,290 shares of the company's stock, valued at $782,362. This represents a 11.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 460,792 shares of company stock worth $104,014,443. Company insiders own 1.34% of the company's stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors have recently modified their holdings of TTWO. Empowered Funds LLC grew its stake in shares of Take-Two Interactive Software by 13.2% during the first quarter. Empowered Funds LLC now owns 3,322 shares of the company's stock worth $688,000 after purchasing an additional 388 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $425,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Take-Two Interactive Software by 118.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company's stock valued at $63,000 after acquiring an additional 165 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Company Profile

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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