Take-Two Interactive Surpasses Earnings Expectations Ahead of GTA 6 Launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2026
0mins
Source: seekingalpha
- Earnings Beat: Take-Two Interactive Software's first-quarter earnings exceeded expectations, resulting in a 3.3% increase in premarket trading, reflecting market confidence in its future performance, particularly with the upcoming release of Grand Theft Auto 6.
- Conservative FY Guidance: Although Take-Two's FY27 guidance fell short of market expectations, analyst Alicia Reese suggested that the company may be overly conservative, anticipating that its strong game portfolio will perform well across categories, potentially driving future growth.
- Analyst Optimism: Wedbush Securities included TTWO on its Best Ideas List with a price target of $300, arguing that the current 23X FY28 EPS valuation does not capture the potential of the GTA 6 launch and the growing mix of high-margin recurring revenues.
- Strong Market Support: On Wall Street, 26 out of 27 firms covering the stock have given it a Buy rating, indicating robust market confidence in Take-Two's future growth, especially supported by new platform launches and core game releases.
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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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