Take-Two Exceeds Q4 Expectations with Record Bookings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2026
0mins
Source: Yahoo Finance
- Record Net Bookings: Take-Two reported fourth-quarter net bookings of $1.58 billion, exceeding the high end of guidance, with full fiscal year bookings reaching $6.7 billion, approximately $750 million above initial forecasts, indicating strong market performance and growth potential.
- Consumer Spending Growth: The company noted a 7% year-over-year increase in consumer spending, accounting for 82% of net bookings, with NBA 2K showing a 10% rise, reflecting the ongoing appeal and profitability of its core products.
- Optimistic Future Outlook: Fiscal 2027 net bookings are projected to reach $8 billion to $8.2 billion, reflecting approximately 20% growth driven by the anticipated release of Grand Theft Auto VI, showcasing the company's confidence in its future product pipeline.
- Strong Operating Cash Flow: The reported operating cash flow of $624 million surpassed the forecast of $450 million, indicating robust financial health that supports future investments and shareholder returns.
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Analyst Views on TTWO
Wall Street analysts forecast TTWO stock price to rise
14 Analyst Rating
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 217.870
Low
270.00
Averages
286.77
High
300.00
Current: 217.870
Low
270.00
Averages
286.77
High
300.00
About TTWO
Take-Two Interactive Software, Inc. is a developer, publisher, and marketer of interactive entertainment for consumers around the globe. The Company develops and publishes products principally through Rockstar Games, 2K, and Zynga. Its products are designed for console gaming systems, including, but not limited to, the Sony Computer Entertainment, Inc. (Sony) PlayStation4 (PS4) and PlayStation5 (PS5), the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox Series XS (Xbox Series XS), and the Nintendo Switch (Switch), as well as mobile, including smartphones and tablets, and personal computers (PC). It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. It sells software titles both digitally and physically through direct relationships with digital storefronts and platform partners, large retail customers, and third-party distributors. It also sells advertising within a number of its games, primarily in mobile.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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