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As GTA VI pre-orders break records, investors still need one answer
TheStreet2d agoneutral
As GTA VI pre-orders break records, investors still need one answer

Take-Two Interactive (TTWO) just got a demand signal that most companies would rush to celebrate. Instead, management slammed on the brakes. CEO Strauss Zelnick said pre-orders for Grand Theft Auto VI have reached levels neither Take-Two nor the broader videogame industry has seen before, Reuters ...

Take Two Interactive Software (TTWO) Stock May Be 9% Stretched Following GTA VI Launch Confirmation
Simply Wall St.4d agoneutral
Take Two Interactive Software (TTWO) Stock May Be 9% Stretched Following GTA VI Launch Confirmation

After a strong three year run where Take-Two Interactive Software has returned 75.8%, the stock now sits in a zone where the Discounted Cash Flow (DCF) intrinsic value estimate looks broadly in line with the market price, while traditional valuation multiples lean on the expensive side. Take-Two Interactive Software's 75.8% return over three years sets a high bar for what happens next and reduces the margin for error if growth or cash flows fall short of expectations. Excitement around Grand...

What Does Take Two Interactive Software (TTWO) Confirming GTA VI Mean Now?
Simply Wall St.4d agoneutral
What Does Take Two Interactive Software (TTWO) Confirming GTA VI Mean Now?

Take-Two Interactive Software (NasdaqGS:TTWO) confirmed the official Grand Theft Auto VI launch date and reported unprecedented pre-order demand. The company released first quarter financial results that exceeded analyst revenue expectations and outlined current performance priorities. Management highlighted Grand Theft Auto VI as a key product focus, alongside broader portfolio and cost discipline plans. For readers watching Take-Two and looking for more ideas in related areas, the next...

Take-Two Interactive Software Q1 Earnings Call Highlights
MarketBeat5d agoneutral
Take-Two Interactive Software Q1 Earnings Call Highlights

Take-Two Interactive Software (NASDAQ:TTWO) reported first-quarter fiscal 2027 net bookings of approximately $1.39 billion, slightly above its guidance range of $1.32 billion to $1.37 billion, as NBA 2K and the Grand Theft Auto series outperformed expectations. Chairman and Chief Executive Officer

Take-Two Shares Slip as Conservative Outlook Overshadows Strong First-Quarter Results
InvestorsHub5d agoneutral
Take-Two Shares Slip as Conservative Outlook Overshadows Strong First-Quarter Results

Take-Two Interactive Software (NASDAQ:TTWO) reported better-than-expected first-quarter results, but shares moved lower after the video game publisher issued guidance that fell short of Wall Street forecasts despite reaffirming its full-year outlook ahead of the highly anticipated launch of Grand Theft Auto VI. The stock slipped around 2% as investors focused on the company’s cautious projections for the coming quarters.

Take-Two Logs Higher Sales but Loss Widens
The Wall Street Journal5d agoneutral
Take-Two Logs Higher Sales but Loss Widens

The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.

Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch
Reuters5d agoneutral
Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch

Take-Two Interactive maintained its annual bookings forecast on Friday, but reiterated the November 19 launch date for ‌its highly anticipated title "Grand Theft Auto VI", bringing the blockbuster ‌release one step closer to fans. Shares of the company were marginally up in volatile premarket ​trading after Take-Two projected current-quarter bookings below Wall Street estimates, signaling continued weakness from the lack of new titles ahead of "GTA VI" release. The videogame publisher began taking pre-orders for "GTA VI" on June 25, but did not ‌provide any details on ⁠demand trends in its earnings report.

Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour
The Wall Street Journal5d agoneutral
Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour

↘️ Trade Desk (TTD): Shares in the advertising technology company fell 27% after it reported lower-than-expected quarterly revenue. ↗️ Atlassian (TEAM): Shares in the software company behind Jira and Confluence shot up 31% premarket following a revenue beat powered by accelerated growth in its cloud business.