Company Overview - Take-Two Interactive's upcoming earnings report is anticipated with EPS projected at $0.01, a significant decrease of 97.22% from the same quarter last year [1] - Revenue is forecasted to be $1.24 billion, reflecting a growth of 2.79% compared to the same quarter of the previous year [1] - For the entire fiscal year, earnings are estimated at $2.52 per share and revenue at $5.64 billion, indicating changes of +0.4% and +5.67% respectively from the prior year [6] Valuation Metrics - The company has a Forward P/E ratio of 63.01, which is a premium compared to the industry average Forward P/E of 17.29 [3] - Take-Two Interactive's PEG ratio stands at 1.94, while the average PEG ratio for the Toys - Games - Hobbies industry is 1.37 [11] Industry Context - The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 233, placing it in the bottom 8% of over 250 industries [4] - The Zacks Rank system indicates that Take-Two Interactive currently has a rank of 5 (Strong Sell) [7] Stock Performance - Prior to the latest trading day, Take-Two Interactive's shares had gained 1.43% over the past month, underperforming the Consumer Discretionary sector's gain of 2.11% and the S&P 500's gain of 3.22% [8] - The stock closed at $157.54, moving -0.94% from the previous trading session, which was behind the S&P 500's daily gain of 0.16% [9] Analyst Estimates - Recent changes to analyst estimates for Take-Two Interactive suggest a shifting landscape in near-term business trends, with positive changes indicating a favorable outlook on the company's health and profitability [10]

TTWO stock has seen a range of $130 to around $170 in the past 52 weeks, falling 1% year-to-date. This marks a significant underperformance vis-à-vis the broader S&P500 index, up 15%. This can partly be attributed to a delay in the release of its highly anticipated game – Grand Theft Auto 6 – now expected in Fall 2025. TTWO Performance During 2022 Inflation Shock Timeline of Inflation Shock So Far: Take-Two Interactive and S&P 500 Performance During 2007-08 Crisis Take-Two Interactive's revenue has surged f ...

Group 1 - J.P. Morgan analyst Cory A Carpenter maintains an Overweight rating on Take-Two Interactive Software Inc (TTWO) with a price target of $200.00 [2] - The company expressed optimism regarding mobile gaming trends, indicating a stable or slight growth in the industry for 2024, as consumers are willing to spend on new titles after a period of fewer hits [3] - Management believes that the upcoming release of GTA VI will enhance focus on the franchise, potentially sustaining demand for GTA V units leading up to the launch [4] Group 2 - The analyst is skeptical about the development of a FIFA 2K simulation game due to the lack of sports league rights associated with the FIFA license, making competition with EA challenging [5] - TTWO anticipates that the Gen-9 console base will reach approximately 112 million by the time GTA VI launches, compared to an estimated 160 million Gen-7 install base at the launch of GTA V, which had a 20% attach rate [6] - The release of GTA VI in Fall 2025 is expected to significantly boost revenue and profitability, serving as a potential catalyst for valuation [6] Group 3 - The analyst sees potential upside from new intellectual properties, improved mobile performance (which accounts for about 50% of bookings), and ongoing cost efficiencies [7] - As of the last check, TTWO shares were trading down by 0.52% at $159.70 [8]

Take-Two Interactive Software (TTWO) is expected to benefit from the continued expansion of its gaming portfolio. Shares of the company have gained 3.1% in the year-to-date period against the Zacks Consumer & Discretionary sector's decline of 2.1% due to the anticipation of upcoming games. The company has launched Star Wars: Hunters, a competitive battle arena game under its wholly-owned private label, Zynga Inc., in collaboration with Lucasfilm Games. Available for free on Nintendo Switch, iOS and Android ...

Core Viewpoint - The article discusses the reliability of Wall Street analysts' recommendations, particularly focusing on Take-Two Interactive (TTWO), and highlights the disparity between brokerage recommendations and actual stock performance. Group 1: Brokerage Recommendations - Take-Two currently has an average brokerage recommendation (ABR) of 1.40, indicating a consensus between Strong Buy and Buy, based on 25 brokerage firms' recommendations [2] - Of the 25 recommendations, 19 are Strong Buy and 2 are Buy, accounting for 76% and 8% of all recommendations respectively [2] - Despite the positive ABR, studies suggest limited success of brokerage recommendations in guiding investors towards stocks with the best price increase potential [2][3] Group 2: Analyst Bias and Limitations - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, often issuing five "Strong Buy" recommendations for every "Strong Sell" [3][7] - The interests of brokerage firms may not align with those of retail investors, leading to misleading recommendations regarding stock price movements [4][7] Group 3: Zacks Rank vs. ABR - The Zacks Rank is a proprietary stock rating tool that classifies stocks into five groups based on earnings estimate revisions, providing a more reliable indicator of near-term price performance compared to ABR [5][8] - Unlike ABR, which is based solely on brokerage recommendations, Zacks Rank reflects timely earnings estimate revisions, making it a more accurate predictor of future stock prices [9] Group 4: Current Earnings Estimates for Take-Two - The Zacks Consensus Estimate for Take-Two has declined by 79% over the past month to $2.57, indicating growing pessimism among analysts regarding the company's earnings prospects [10] - This significant decline in consensus estimates has resulted in a Zacks Rank of 5 (Strong Sell) for Take-Two, suggesting caution despite the Buy-equivalent ABR [11]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended March 31, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number 001-34003 TAKE-TWO INTERACTIVE SOFTWARE, INC. (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of Incorporat ...

Take-Two Interactive Software (TTWO 1.21%), the publisher behind blockbuster game franchises like "Grand Theft Auto" and "NBA 2K," released its earnings for the fourth quarter of fiscal year 2024 on May 16. The results showed both triumphs in revenue and challenges in profitability. Total net revenue for the quarter was $1.3994 billion, surpassing management's guidance of $1.323 billion to $1.373 billion. However, the substantial goodwill impairment charges contributed to a net loss per share of $17.02, far ...

Key Takeaways Take-Two Interactive said its highly anticipated "Grand Theft Auto VI" video game would be released in the fall of 2025. Previously, it had said that the latest version of the hit franchise would be released sometime next year but didn't specify a timing. Take-Two Interactive warned, however, that because of the timing of the game's release, it reduced its forecast for fiscal 2025 net bookings. Take-Two Interactive Software (TTWO) shares edged higher in intraday trading Friday, a day after the ...

Drilling down to today's options activity, 5,564 calls and 14,000 puts have already swapped hands, volume that's 19 times the intraday average amount. The most popular contract is the June 145 put, where sell to open activity is occurring. A premium-selling strategy could be the move for the video game stock. TTWO sports a Schaeffer's Volatility Scorecard (SVS) of 7 out of 100. In other words, both equities has consistently realized lower volatility than its options have priced in. It might be time to monit ...

Take-Two Interactive Software (NASDAQ:TTWO) stock is on the move Friday following the release of the video game publishing company's preliminary fiscal Q4 2024 earnings report. The bad news for TTWO stock comes from its net loss of $2.9 billion, or $17.02 per share. That's a massive drop compared to its net loss of $610.3 million, or $3.62 per share reported in the same period of the year prior. Take-Two Interactive Software also reported revenue of $1.4 billion for the quarter. That's better than the $1.32 ...