TTWO shares are riding on strong franchises and innovative gaming experiences, despite advertising challenges and stiff competition.
Take-Two (TTWO) reported earnings 30 days ago. What's next for the stock?
Take-Two Interactive NASDAQ: TTWO turned a corner in 2024, setting it up to sustain and accelerate growth. The video game business has normalized following the COVID-19 bubble bursting, and numerous catalysts are on the horizon.
Take-Two Interactive stock has gained nearly 25% since my August Strong Buy rating, with further growth expected from GTA VI's release in Fiscal 2026. Q2 earnings exceeded expectations, with strong sales from Grand Theft Auto, Red Dead Redemption, and NBA 2K25, and robust growth in the Zynga and Mobile Segment. Management's guidance for record net bookings in Fiscal 2026 and 2027, driven by high-profile releases, supports the near-term Buy thesis.
The stage looks set for a banner fiscal year coming soon.
Videogame publisher Take-Two's bookings for the quarter were $1.47 billion, and beat estimates of $1.45 billion.
Entertainment conglomerate Warner Bros Discovery Inc (NASDAQ:WBD) and video game giant Take-Two Interactive Software, Inc (NASDAQ:TTWO) are seeing higher-than-usual options activity after earnings.
Take-Two Interactive Software shares spiked after the video game publisher beat estimates for the September quarter and provided reassuring guidance for the year ahead. The post Take-Two Stock Spikes On Quarterly Beat, Longer-Term Outlook appeared first on Investor's Business Daily.
TTWO's second-quarter fiscal 2025 results reflect strength in gaming revenues, partially offset by persistent dullness in advertising revenues.
Take-Two Interactive Software, Inc. (TTWO) Q2 2025 Earnings Call Transcript
Although the revenue and EPS for Take-Two (TTWO) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Take-Two Interactive (TTWO) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $1.23 per share a year ago.