Core Insights - Take-Two Interactive Software (TTWO) is set to release its first-quarter fiscal 2026 results on August 7, with expected GAAP net revenues between $1.35 billion and $1.40 billion, and a GAAP net loss per share anticipated between 78 cents and 65 cents [1][9] - The Zacks Consensus Estimate for TTWO's fiscal first-quarter revenues is $1.28 billion, reflecting a year-over-year growth of 5.42% [1][2] Revenue and Earnings Expectations - The consensus estimate for earnings is 26 cents per share, unchanged over the past 30 days, showing an improvement from the previous year's earnings of 5 cents [2] - TTWO has consistently beaten the Zacks Consensus Estimate for earnings in the last four quarters, with an average surprise of 121.1% [2] Key Factors Influencing Performance - Take-Two's gaming portfolio and recurrent consumer spending model are expected to benefit from sustained franchise engagement, particularly in core console franchises and live service titles [3] - NBA 2K is projected to maintain engagement due to strong fiscal 2025 performance, with monetization from virtual currency and MyTEAM contributing significantly [4] - Zynga's mobile portfolio is expected to show mixed performance, with newer titles like Match Factory and Color Block Jam contributing to bookings, while mature games like Words With Friends may see a decline [4] Challenges and Constraints - Grand Theft Auto Online bookings are expected to decline modestly year over year due to platform maturity and late-cycle usage trends, although engagement is likely supported through GTA+ and content updates [5] - Seasonal softness in the spring quarter and high mobile acquisition costs are anticipated to limit margin improvement, with operating expenses projected to rise by 3% year over year [6][9] Earnings Model Insights - According to the Zacks model, TTWO currently has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold), indicating a neutral outlook for an earnings beat [7]

Core Insights - Lyrical Media is launching Lyrical Games, a new privately funded game publisher, with a focus on supporting imaginative and high-caliber games that bridge the gap between indie and large productions [1][3] - Blake Rochkind, former Head of Business Development at Take-Two's Private Division, will lead Lyrical Games, supported by a team of veterans from notable companies like Devolver Digital and Microsoft [1][2] Company Strategy - Lyrical Games aims to empower storytellers and build expansive worlds through partnerships with creative talents, addressing the trend of traditional publishers favoring safer projects [3][5] - The company has already partnered with top-tier developers and signed three titles, including a new project from Blackbird Interactive, with more announcements to follow [4] Developer Relations - Lyrical Games emphasizes the importance of collaboration and transparency, allowing developers to retain ownership of their intellectual property (IP) and have a meaningful say in how their games are presented [6][7] - The company is targeting a wide range of developers, from experienced veterans to newer studios, fostering an environment that values their creative vision [5][6]

Wall Street analysts forecast that Take-Two Interactive (TTWO) will report quarterly earnings of $0.26 per share in its upcoming release, pointing to a year-over-year increase of 420%. It is anticipated that revenues will amount to $1.28 billion, exhibiting an increase of 5.4% compared to the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during ...

Core Viewpoint - Take-Two Interactive is poised for growth with the upcoming release of Grand Theft Auto VI, which is expected to significantly boost revenue and stock performance [1][2]. Financial Performance - Take-Two reported solid financial results for fiscal 2025 and anticipates record revenue for fiscal 2026 [1]. - The stock has increased approximately 21% year-to-date, outperforming the Nasdaq Composite's 10% return [2]. Upcoming Releases - The highly anticipated Grand Theft Auto VI is set to release on May 26, 2026, and is projected to drive substantial revenue growth in fiscal year 2027 [2]. - The last installment of the series sold 215 million copies over 12 years, indicating a strong established player base [4]. Business Strategy - Take-Two is diversifying its portfolio beyond reliance on GTA by increasing research and development spending and headcount for future releases [5]. - A significant portion of revenue comes from recurrent consumer spending, which accounted for 77% of bookings in the most recent quarter [6]. Profitability and Margins - Despite recent pressures on margins and free cash flow due to R&D and acquisitions, recurrent consumer spending has improved profitability over the last decade [7]. - The release of GTA VI and other titles is expected to enhance margins and free cash flow in the long term [7]. Market Position - Take-Two's stock is considered fairly valued, trading at a forward enterprise value-to-revenue multiple of 7.15x, which is competitive compared to peers [9]. - Analysts project earnings growth at an annualized rate of 39% through 2029, with free cash flow expected to reach $2.9 billion [12]. Future Outlook - The integration of artificial intelligence in game development is anticipated to improve efficiency and profitability for Take-Two over the next decade [11]. - The stock is positioned to potentially outperform the market due to its growth catalysts and reasonable pricing [8][12].

Core Viewpoint - Take-Two Interactive (TTWO) is anticipated to report a significant year-over-year increase in earnings and revenues for the quarter ended June 2025, with earnings expected to be $0.26 per share, reflecting a 420% increase, and revenues projected at $1.28 billion, a 5.4% rise from the previous year [1][3][18]. Earnings Expectations - The upcoming earnings report is scheduled for August 7, and the stock may experience upward movement if the reported figures exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4][19]. Earnings Surprise Potential - The Most Accurate Estimate for Take-Two is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +13.93%, suggesting a bullish outlook from analysts [12][19]. - Take-Two has a Zacks Rank of 3 (Hold), which, when combined with the positive Earnings ESP, indicates a strong likelihood of beating the consensus EPS estimate [12][19]. Historical Performance - In the last reported quarter, Take-Two exceeded the expected earnings of $1.08 per share by posting $1.09, achieving a surprise of +0.93% [13]. - The company has successfully beaten consensus EPS estimates in each of the last four quarters [14][19]. Industry Context - Take-Two is positioned within the Zacks Gaming industry, where it is expected to deliver robust earnings and revenue growth, reinforcing its status as a compelling earnings-beat candidate [18][19].

Core Viewpoint - Take-Two Interactive has been experiencing a decline in stock performance, with a -6.6% return over the past month, contrasting with the S&P 500's +2.7% and the Zacks Gaming industry's +7.4% [2] Earnings Estimates - Take-Two is projected to report earnings of $0.26 per share for the current quarter, reflecting a year-over-year increase of +420% [5] - The consensus earnings estimate for the current fiscal year stands at $2.73, indicating a +33.2% change from the previous year [5] - For the next fiscal year, the consensus estimate is $9.22, suggesting a significant increase of +237.5% compared to the prior year [6] - The Zacks Rank for Take-Two is 3 (Hold), based on recent changes in earnings estimates and other related factors [7] Revenue Growth - The consensus sales estimate for the current quarter is $1.28 billion, representing a year-over-year growth of +5.4% [10] - Projected revenue for the current fiscal year is $5.99 billion, indicating a +6.1% change, while the next fiscal year's estimate is $9.1 billion, reflecting a +51.9% increase [10] Recent Performance - In the last reported quarter, Take-Two achieved revenues of $1.58 billion, a +17.3% increase year-over-year, and an EPS of $1.09 compared to $0.31 a year ago [11] - The company exceeded consensus revenue estimates two times and EPS estimates in all four trailing quarters [12] Valuation - Take-Two is graded F on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [16]

Core Insights - Roblox Corporation (RBLX) and Take-Two Interactive Software, Inc. (TTWO) represent different growth strategies in the gaming industry, with Roblox focusing on user-generated content and social gaming, while Take-Two relies on established franchises for revenue [1][2]. Group 1: Roblox (RBLX) - Roblox has experienced significant user growth, with daily active users (DAUs) increasing by 26% year-over-year in Q1 2025, approaching 100 million [3][4]. - Engagement metrics are strong, with users spending over 21.7 billion hours on the platform, a 30% increase [3]. - International expansion has been crucial, with India and Japan seeing DAUs grow by 77% and 48%, respectively [4]. - The demographic shift shows that users aged 13 and older now make up 62% of DAUs, presenting monetization opportunities [4]. - Developer payouts increased by 39% year-over-year to $281 million, indicating a healthy creator economy [5]. - The top 100 creators earned an average of $6.7 million over the past year, with over 100 developers making at least $1 million [6]. - Operational efficiency improvements led to an 86% rise in cash from operations and a 123% surge in free cash flow in Q1 [7]. - The company is leveraging AI for content moderation and development, enhancing productivity and reducing costs [8]. - Despite strong performance, reliance on discretionary consumer spending poses risks during economic downturns [9]. Group 2: Take-Two Interactive (TTWO) - Take-Two's growth is driven by strong franchises like NBA 2K and Grand Theft Auto, which maintain user engagement and retention [10][12]. - The mobile segment, led by Zynga, is a key growth area, with successful titles generating profits shortly after launch [13]. - Direct-to-consumer mobile monetization strategies are being implemented to improve margins and reduce reliance on third-party app stores [14]. - The long-term outlook is supported by a robust release pipeline, including anticipated titles like Grand Theft Auto VI and Borderlands 4 [15]. - Management is investing in new technologies and partnerships to drive growth and improve margins [16]. - However, the company faces challenges with rising development costs and a potential decline in mobile monetization [17][18]. - The Zacks Consensus Estimate for TTWO's fiscal 2026 sales implies a year-over-year growth of 6.1% [21]. Group 3: Comparative Analysis - RBLX stock has surged 69.5% in the past six months, outperforming the industry growth of 15.9%, while TTWO shares rose 18.3% [22]. - RBLX is trading at a forward price-to-sales ratio of 13.16X, above its median of 8.28X, while TTWO's ratio is 5.61X, above its median of 4.90X [25]. - Both companies have compelling growth narratives, but Roblox's recent momentum and engagement expansion give it a slight edge over Take-Two [28][29].

智通财经7月23日电，花旗将Take-Two目标价从260美元上调至270美元；将微软目标价从605美元上调 至613美元。 ...

Core Insights - Take-Two Interactive is well-positioned to maintain its earnings-beat streak, particularly in the upcoming report, with a history of exceeding earnings estimates [1][5] - The company has an average surprise of 13.62% over the past two quarters, indicating strong performance [1] Earnings Performance - For the most recent quarter, Take-Two reported earnings of $1.08 per share, slightly below the expected $1.09, resulting in a surprise of 0.93% [2] - In the previous quarter, the company exceeded expectations by reporting $0.72 per share against a consensus estimate of $0.57, achieving a surprise of 26.32% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Take-Two, with a positive Earnings ESP of +13.93%, suggesting analysts are optimistic about the company's earnings prospects [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [5][8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] Upcoming Earnings Report - The next earnings report for Take-Two is expected to be released on August 7, 2025 [8]

Core Viewpoint - Take-Two Interactive Software's stock valuation is heavily influenced by the anticipated release of "Grand Theft Auto VI," now scheduled for May 26, 2026, which has led to a significant shift in revenue forecasts and stock performance [1][2][6]. Group 1: Release Date and Market Expectations - The release of "Grand Theft Auto VI" has been officially set for May 26, 2026, moving it out of fiscal 2026 and into fiscal 2027, allowing the development team to finalize what is described as their "most ambitious title ever" [2]. - Prediction markets indicate a 68% chance of the game being released before June 2026, an 84% chance before August 2026, and a 94% chance before 2027 [3]. Group 2: Pricing Strategy - Analysts expect the game to be priced higher than typical releases, with standard editions around $80 and deluxe editions exceeding $100, reflecting the franchise's strong market position [4]. - The higher pricing strategy is not expected to impact the overall gaming sector significantly, as most publishers will continue to release games at $70 and monetize through post-launch content [5]. Group 3: Stock Valuation and Performance - The delay of "Grand Theft Auto VI" has caused Take-Two's stock to drop by 7% to 10%, translating to a $2 billion reduction in revenue forecasts for the current year [6]. - Despite the short-term challenges, sell-side targets for Take-Two's stock remain clustered around $235 to $240, anticipating a $3 billion-plus launch year in fiscal 2027 [6]. - Take-Two's stock is currently trading at $228.66, with a year-to-date increase of 25.8% in 2025, within a 52-week range of $135.24 to $245.08 [6].