Take-Two Interactive Reports Strong Q3 2026 Earnings, Raises Full-Year Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
0mins
Should l Buy TTWO?
Source: seekingalpha
- Earnings Beat: Take-Two reported net bookings of $1.76 billion for Q3 2026, significantly exceeding the guidance range of $1.55 billion to $1.6 billion, indicating strong performance in both core and mobile segments, which is expected to drive future revenue growth.
- Mobile Strength: The mobile game Toon Blast grew 43% year-over-year, surpassing $3 billion in lifetime net bookings, demonstrating the company's increasing competitiveness in the mobile market, while other titles like Empires & Puzzles and Words with Friends also saw growth of 11% and 6%, respectively, further solidifying market position.
- Upgraded Full-Year Outlook: The company raised its full fiscal year net bookings outlook to $6.65 billion to $6.7 billion, an 18% increase from the previous range of $6.4 billion to $6.5 billion, reflecting optimistic expectations for key titles, with recurrent consumer spending projected to grow approximately 17%, representing 78% of net bookings.
- New Product Launch Plans: Take-Two is set to release Grand Theft Auto VI on November 19, alongside multiple new content launches including WWE 2K26 and Civilization VII mobile expansion, showcasing strong confidence in its future product pipeline, which is expected to further drive revenue growth.
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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: 190.360
Low
270.00
Averages
286.77
High
300.00
Current: 190.360
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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