Take-Two Interactive Software (NASDAQ:TTWO) Releases Q2 2027 Earnings Guidance
by Sarita Garza · The Markets DailyTake-Two Interactive Software (NASDAQ:TTWO – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Friday. The company provided EPS guidance of 0.900-1.000 for the period, compared to the consensus EPS estimate of -0.370. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion. Take-Two Interactive Software also updated its FY 2027 guidance to 5.750-6.000 EPS.
Wall Street Analyst Weigh In
TTWO has been the subject of a number of research reports. BTIG Research restated a “buy” rating and issued a $293.00 target price on shares of Take-Two Interactive Software in a research note on Monday, July 27th. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, June 15th. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. Finally, Raymond James Financial set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $295.38.
View Our Latest Analysis on Take-Two Interactive Software
Take-Two Interactive Software Stock Down 1.0%
Shares of NASDAQ:TTWO opened at $232.47 on Friday. Take-Two Interactive Software has a 52 week low of $187.63 and a 52 week high of $265.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market capitalization of $43.47 billion, a PE ratio of -143.50, a PEG ratio of 4.37 and a beta of 0.97. The company has a 50 day moving average price of $235.89 and a two-hundred day moving average price of $221.32.
Insider Activity
In other news, Director Michael Dornemann sold 1,151 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the transaction, the director owned 20,374 shares in the company, valued at $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel P. Emerson sold 21,102 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $219.61, for a total transaction of $4,634,210.22. Following the completion of the transaction, the insider directly owned 131,668 shares of the company’s stock, valued at approximately $28,915,609.48. The trade was a 13.81% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 569,936 shares of company stock valued at $128,431,438. Company insiders own 1.12% of the company’s stock.
Hedge Funds Weigh In On Take-Two Interactive Software
A number of large investors have recently modified their holdings of the business. Transamerica Financial Advisors LLC boosted its holdings in shares of Take-Two Interactive Software by 79.5% in the 4th quarter. Transamerica Financial Advisors LLC now owns 219 shares of the company’s stock valued at $56,000 after buying an additional 97 shares during the last quarter. EFG International AG acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at about $60,000. DV Equities LLC acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $61,000. Wexford Capital LP acquired a new stake in Take-Two Interactive Software during the third quarter worth approximately $70,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Take-Two Interactive Software by 118.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock worth $63,000 after purchasing an additional 165 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.
About Take-Two Interactive Software
Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.
Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.