Take-Two reiterates fiscal 2027 guidance for net bookings even as ‘Grand Theft Auto VI' preorders began June 25.
The video-game company recorded higher sales and a wider loss in its fiscal first quarter.
TTWO prepares for Q1 results as GTA VI marketing, strong bookings and mobile growth shape expectations ahead of earnings.
In the latest trading session, Take-Two Interactive (TTWO) closed at $242.92, marking a -1.82% move from the previous day.
Take-Two (TTWO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Take-Two Interactive is poised for significant upside as GTA 6 is set to launch into unprecedented preorder demand and premium pricing. I view GTA 6 not as a typical game but as a platform with recurring revenue streams from microtransactions, subscriptions, and a creator economy. Street estimates for TTWO's 2028–2029 EPS are too conservative, ignoring the compounding impact of GTA 6's ecosystem and a likely PC release.
Take-Two Interactive (TTWO) reached $247.62 at the closing of the latest trading day, reflecting a +1.5% change compared to its last close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the latest trading session, Take-Two Interactive (TTWO) closed at $235.93, marking a -1.28% move from the previous day.
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