Wall Street analysts forecast that Take-Two Interactive (TTWO) will report quarterly earnings of $0.72 per share in its upcoming release, pointing to a year-over-year decline of 22.6%. It is anticipated that revenues will amount to $1.34 billion, exhibiting a decline of 3.2% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial ...

TTWO has been one of the worst stocks to own in February over the past decadeAfter hitting a nearly two-year high start to 2024, Take-Two Interactive Software, Inc. (NASDAQ:TTWO) could be due for a breather. While shares of the video game company boast a 46.3% year-over-year lead and are already up 3% year to date, they were last seen down 0.9% at $165.49 as seasonality trends threaten to take ahold.According to data from Schaeffer's Senior Quantitative Analyst Rocky White, Take-Two Interactive Software is ...

Leon NealIn the increasingly competitive realm of video game development, Take-Two Interactive (NASDAQ:TTWO) stands out as a true powerhouse. While Take-Two Interactive may not be as large as some of largest players in the industry, its flagship franchises are unrivaled in popularity and success. The upcoming release of GTA VI is sure to send shockwaves through the gaming community and could very well push Take-Two to new heights. The anticipation for GTA 6 has likely contributed to the company's recent ...

Zynga Inc., a wholly-owned publishing label of Take-Two Interactive (NASDAQ: TTWO) and a global leader in interactive entertainment, and Automobili Lamborghini S.p.A., an unrivaled manufacturer of pure and visionary super sports cars, today announced a multi-year agreement to make CSR Racing (CSR), the hyper-real mobile racing franchise of Zynga’s subsidiary NaturalMotion, an official partner of Lamborghini’s new LMDH prototype entry in the FIA WEC Hypercar Class and IMSA Grand Touring Prototype (GTP) Class ...

2K announced WWE® 2K24, the newest installment of the flagship WWE video game franchise developed by Visual Concepts, will be coming soon for PlayStation® 5 (PS5®), PlayStation®4 (PS4®), Xbox Series X|S, Xbox One, and PC via Steam. As he burns a path through WWE in an effort to claim world championship gold and fulfill his destiny, “The American Nightmare” Cody Rhodes will be featured on the Standard Edition cover. Multi-time champions and Women’s Royal Rumble winners Bianca Belair and Rhea Ripley share the ...

Video game publisher Take-Two Interactive Software (TTWO 2.03%) is going through an interesting time in its business. The company acquired mobile gaming developer Zynga in 2022, helping it expand its presence in the mobile games market.On top of that, after wrapping up its 2023 fiscal year, which ended last March 31, Take-Two's CEO, Strauss Zelnick, made a bold prediction, stating: "We believe that we will enter our next phase of growth in Fiscal 2025, as we plan to deliver several groundbreaking titles tha ...

Investors understandably worry about having missed out on Take-Two Interactive (TTWO 0.09%) stock. The video game developer's shares have jumped over 50% in the past year, easily outperforming peers like Electronic Arts (EA 0.13%). It's no secret that Take-Two is about to unleash a flood of new content that's likely to push its revenue footprint up to a new level. Most investors are expecting an over 40% sales spike in the new fiscal year.That optimism could make it harder for shareholders to see market-thu ...

NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it plans to report financial results for the third quarter of its fiscal year 2024, ended December 31, 2023, after the market close on Thursday, February 8, 2024. The Company plans to hold a conference call to discuss its results at 4:30 p.m. Eastern Time, which can be accessed by dialing (877) 407-0984 or (201) 689-8577. A live, listen-only webcast and a replay of the call will be available at http://take2gam ...

The video game industry generated an estimated $212 billion in 2023 and with a base of 3.2 billion players, this business is only expected to grow over the coming years. As for investing in the industry, one stock, Take-Two Interactive Software (TTWO -0.41%), has been on a tear over the past year with a 50% price appreciation. The video game publisher has undergone a seismic change over the past couple of years and owns fan-favorite franchises like 2K, Grand Theft Auto, and Red Dead. With Take-Two's recent ...

Investors could hardly be more optimistic about Take-Two Interactive's (TTWO 0.29%) growth opportunities these days. The video game developer's stock price jumped over 50% in 2023 to roughly double the wider market's performance. This spike occurred despite Take-Two's modest sales trends and the significant losses it generated through most of the year.Less risky options are available for investors seeking exposure to the video game industry. Rival Electronic Arts (EA 0.19%) is adding to its impressive marke ...