Latest news with #TakeTwoInteractive
Yahoo
an hour ago
- Business
- Yahoo
Take-Two shares rise on strong net bookings, upbeat forecast ahead of new GTA
-- Take-Two Interactive Software Inc (NASDAQ:TTWO) shares climbed 5% in after-hours trading Thursday after the videogame publisher reported robust top-line growth and raised its full-year outlook, offsetting a disappointing bottom line. Enthusiasm around Grand Theft Auto VI and strong contributions from franchises across console and mobile platforms buoyed investor confidence. For the company's fiscal first quarter, Take-Two posted a loss of $0.07 per share, missing analysts' estimates by $0.35. However, revenue of $1.42 billion topped Wall Street consensus of $1.31 billion, driven by strength across its portfolio, including NBA 2K25 and Grand Theft Auto V. Total net bookings, Take-Two's key operating metric, rose 17% year over year to $1.42 billion. Recurrent consumer spending, defined as in-game purchases, add-on content, and advertising, also increased 17%, making up 83% of total net bookings. 'Our outstanding first quarter results reflect ongoing demand for our core franchises and the increasingly diversified, successful nature of our business,' said Chairman and CEO Strauss Zelnick. 'As we approach the release of the most ambitious pipeline in our company's history, we have exceptional confidence in our multi-year outlook and our ability to deliver meaningful shareholder returns.' GAAP net revenue rose to $1.50 billion in the quarter, while recurrent consumer spending comprised 84% of that total. Leading contributors included not only flagship titles such as GTA and NBA 2K but also mobile hits like Toon Blast, Match Factory, and Empires & Puzzles. Guidance was a key highlight for investors: Take-Two raised its full-year net bookings forecast to $6.05–$6.15 billion, ahead of consensus. The company reiterated confidence in FY2026 as it prepares to release titles such as Borderlands 4, NBA 2K26, and Grand Theft Auto VI next May. Despite the earnings miss, investors responded positively to operational momentum and long-term visibility. A well-diversified pipeline and sustained engagement across platforms suggest Take-Two is entering a critical launch phase with strong tailwinds. Related articles Take-Two shares rise on strong net bookings, upbeat forecast ahead of new GTA These Under-the-Radar Stocks Offer Better Risk-Reward Ratio Than Nvidia After soaring 149%, this stock is back in our AI's favor - & already +25% in July
Yahoo
2 hours ago
- Business
- Yahoo
Take-Two Interactive raises annual bookings forecast
(Reuters) -Take-Two Interactive raised its annual bookings forecast on Thursday, betting on strong sales of its new "Mafia" and "Borderlands" titles. The company projected bookings of between $6.05 billion and $6.15 billion for its fiscal year 2026, compared with its prior forecast of between $5.9 billion and $6 billion. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
2 hours ago
- Business
- Wall Street Journal
Take-Two Interactive Software Raises Fiscal-Year Outlook on Improved First-Quarter Results
Take-Two Interactive Software TTWO -0.32%decrease; red down pointing triangle raised its fiscal-year outlook as it logged improved results in its latest quarter, helped by continuing demand for its core game franchises. The videogame developer said Thursday it now expects a narrower per-share loss of $2.40 to $2.05 for fiscal 2026, compared with prior guidance for a loss of $2.45 to $2.79.
Yahoo
3 days ago
- Business
- Yahoo
Take-Two Interactive Stock Is Beating the Market in 2025. Could a New Game Release Next Year Propel It to Even Greater Heights?
Key Points Investors have high expectations for next year's release in the bestselling Grand Theft Auto series. New game releases always pose a risk, but Take-Two has demonstrated a long history of profitably growing its business. Analysts expect the company's free cash flow to reach $2.9 billion by 2029. 10 stocks we like better than Take-Two Interactive Software › Take-Two Interactive (NASDAQ: TTWO) is on a roll as it prepares to launch a major new title that could bolster its growth prospects. It reported solid financial results for fiscal 2025 ending in March and expects record revenue for fiscal 2026. The stock is up about 21% year to date, outperforming the Nasdaq Composite's return of 10% at the time of writing. Investors are looking ahead to the highly anticipated release of Grand Theft Auto VI (GTA VI) on May 26, 2026. This release will land in the company's fiscal year 2027, where Wall Street analysts are already projecting a significant increase in revenue. What does this release mean for the stock, and can investors still expect the stock to move higher? Take-Two's profitable growth strategy While new releases in video games have inherent risks with player reception, this risk is relatively low for Take-Two. GTA has an established player base that is very passionate about the series. The last one significantly expanded the player base, selling 215 million copies over the last 12 years since its initial release. Take-Two is also investing to grow the business more broadly beyond reliance on GTA. It has significantly increased research and development (R&D) spending and headcount to prepare for several new releases in the coming years. Another factor that lowers the risk for Take-Two is that most of its revenue doesn't come from single-game sales but from ongoing spending by players throughout the year. In the most recent quarter, 77% of its bookings, which is non-GAAP (adjusted) revenue, came from recurrent consumer spending, which includes sales of virtual currency and subscription services that provide access to other content. Overall, last quarter's sales were driven by the usual suspects -- NBA 2K25, Grand Theft Auto V, Civilization VII, several mobile titles including Toon Blast, Red Dead Redemption 2, and WWE 2K25. While spending on R&D and integration of its acquisition of mobile game maker Zynga have weighed on margins and free cash flow the past few years, Take-Two's growth in recurrent consumer spending has dramatically improved its profitability over the last decade, pushing its stock price to new highs. The release of GTA VI and other titles in its pipeline is designed to scale the company's costs over more games, and, therefore, continue to grow margins and free cash flow over the long term. The stock can outperform the market I believe Take-Two is one of the best video game stocks to invest in right now because of these catalysts. The stock's valuation relative to growth expectations could support market-beating returns over the next few years. On a forward enterprise value (EV)-to-revenue basis, the stock trades at a 7.15x multiple -- lower than Roblox's 14.8x, and higher than Electronic Arts' 5.0x multiple. Microsoft paid a 7.44x EV-to-revenue multiple for Activision Blizzard a few years ago. Take-Two sits in the middle of the pack, which means it is fairly valued. These companies generate higher free cash flow than Take-Two, so investors are expecting Take-Two to improve its margins following the release of GTA VI. Long term, investors should expect leading game makers to adopt artificial intelligence (AI) to improve efficiency and automate more coding to lower costs. AI can reduce the time it takes to enter code and build games, which is a catalyst to watch for Take-Two's profitability over the next 10 years. Overall, the stock seems reasonably priced. With analysts expecting earnings to grow at an annualized rate of 39% through 2029, and free cash flow expected to reach $2.9 billion, the stock is likely to follow that growth. This sets up the likelihood that the stock can outperform the market from here. Should you buy stock in Take-Two Interactive Software right now? Before you buy stock in Take-Two Interactive Software, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Take-Two Interactive Software wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft, Roblox, and Take-Two Interactive Software. The Motley Fool recommends Electronic Arts and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Take-Two Interactive Stock Is Beating the Market in 2025. Could a New Game Release Next Year Propel It to Even Greater Heights? was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Should You Buy Take-Two Interactive Software (TTWO) Stock Before Aug. 7? Here's What History Says.
Key Points Take-Two is set to publish results for the first quarter of its current fiscal year after the market closes on Aug. 7. While some previous quarterly reports have resulted in sell-offs, the company's business performance has generally supported valuation gains. Performance for "Grand Theft Auto VI" will almost certainly be Take-Two's biggest performance driver over the next five years. 10 stocks we like better than Take-Two Interactive Software › Take-Two Interactive Software (NASDAQ: TTWO) stock has seen significant gains across 2025's trading despite some big changes for the company's video game release schedule. While the publisher was originally scheduled to release Grand Theft Auto VI this year, the crucial title has now been shifted to a May 2026 launch date. Now, Take-Two is on the verge of releasing results for the first quarter of its 2026 fiscal year, which ended June 30. The company will publish its fiscal Q1 results and host a conference call after the market closes on Aug. 7, and the business update could spur significant moves for the stock. Investors may be wondering whether buying the stock ahead of the quarterly update would be a smart move. Check out the chart below for a look at how the company's valuation has fared after earnings reports, and read on for a deeper look at the gaming leader's key performance drivers and whether the stock might be a good long-term holding. Take-Two's business performance has supported big stock gains Take-Two has seen valuation volatility in conjunction with its earnings reports in the recent past, and performance has been mixed when it comes to immediate near-term stock performance following the company's quarterly updates. On the other hand, taking a buy-and-hold approach to Take-Two stock ahead of a quarterly report from virtually any earnings release dating back to the summer of 2022 would have put shareholders in the green with their investment. That doesn't necessarily guarantee that Take-Two will perform well after its next quarterly report or over the long term, but solid business results and strong positioning in the gaming industry have generally helped support valuation gains for the publisher. What will be the biggest post-earnings drivers for Take-Two stock? While the company's sales and earnings performance in fiscal Q1 can be expected to have some impact on where the stock goes after the earnings report, updates on the company's release pipeline could be even bigger catalysts. Most crucially, investors will be looking to see what Take-Two has to say about the release of GTA VI. The video game is by far the most important upcoming release in the company's lineup, and it's the centerpiece when it comes to valuing Take-Two stock right now. Trading at roughly 81 times this year's expected earnings and 6.7 times expected sales, Take-Two Interactive could look highly overvalued for a company that saw revenue grow just 5% annually in its last fiscal year and as its net loss expand to $4.48 billion from $3.74 billion in the previous year. On the other hand, the company's business still has a high degree of cyclicality ,and there's a very good chance that nothing will be more important for the stock over the next five years than the performance of Grand Theft Auto VI. It's difficult to overstate just how important GTA VI is for Take-Two stock. Some recent rumors have suggested that the game could see another delay that pushes it out past the May 26, 2026, release date the company has set for the title, and it's possible that the company's share price could see a significant pullback if another delay is announced for the game. On the other hand, the title is likely to be a huge hit when it finally releases, and patient investors could be rewarded for backing the company well in advance of the title hitting shelves. Should you buy stock in Take-Two Interactive Software right now? Before you buy stock in Take-Two Interactive Software, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Take-Two Interactive Software wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Keith Noonan has positions in Take-Two Interactive Software. The Motley Fool has positions in and recommends Take-Two Interactive Software. The Motley Fool has a disclosure policy. Should You Buy Take-Two Interactive Software (TTWO) Stock Before Aug. 7? Here's What History Says. was originally published by The Motley Fool Sign in to access your portfolio
