icon
0%

Take-Two Interactive Software TTWO - News Analyzed: 7,386 - Last Week: 100 - Last Month: 400

↑ Take-Two Interactive Software (TTWO) Q1 Earnings Beat Estimates: Future Looking Bright with GTA 6 Release

Take-Two Interactive Software (TTWO) Q1 Earnings Beat Estimates: Future Looking Bright with GTA 6 Release
Take-Two Interactive Software (TTWO) continues to show strong performance in the markets. Q1 2026 earnings exceeded estimates with revenue growth, boosted by mobile and live services. Despite the company's reported Q1 loss narrowing year on year, its equity raised $1.0 billion. Revenues are projected to rise sequentially in fiscal 2026 and 2027, marking record levels of net bookings. The highly anticipated release of GTA 6 in May 2026 is expected to bolster these figures further. TTWO also upgraded its Q2 2026 earnings guidance and FY 2026, showcasing the firm's confidence in its future performance. While TTWO's stock slumped amid market gains, several advisory groups and significant stakeholders have increased their holdings, and Jefferies Financial Group Inc. has a $1.13 million stake in TTWO. Lastly, Falcon Edge Capital and XTX Topco Ltd have taken positions in the company, and Wells Fargo & Company has started covering Take-Two stocks. However, investors must be cautious as analysis reveals the company's overexposure to Grand Theft Auto and advises taking profits.

Take-Two Interactive Software TTWO News Analytics from Sat, 29 Mar 2025 07:00:00 GMT to Sat, 09 Aug 2025 13:55:49 GMT - Rating 7 - Innovation 3 - Information 8 - Rumor -2

The email address you have entered is invalid.