Anticipated Financial Results Analysis for Take-Two Interactive Software: Projected Outcomes and Predictions
⚡️ Unfiltered, Uncensored, Unapologetic: Get ready to dive into the wild world of Take-Two Interactive Software, Inc. (TTWO)! This New York-based powerhouse has a whopping market cap value of $34.3 billion, and they're not just sitting on their laurels. They're juggling console systems, handheld gaming systems, personal computers, and even cloud streaming services, delivering interactive entertainment solutions to the masses.
👀 On Thursday, May 15, TTWO is set to drop their fiscal fourth-quarter earnings after the market closes. Analysts predict a net profit of $0.69 per share on a diluted basis, which is an astounding leap from the $0.07 loss per share in the same period last year. And you better hold onto your hats, because TTWO has made a habit of crushing Wall Street EPS estimates in their recent quarterly reports!
📈 But wait, there's more! For the entire year, analysts reckon TTWO will report an EPS of $0.96, duhhh, up 5.5% from $0.91 in fiscal 2024. And the cherry on top? Their EPS is projected to skyrocket a massive 461.5% year over year to $5.39 in fiscal 2026.
📈 TTWO's stock has been on a tear, outpacing the S&P 500's ($SPX) 8.4% gains over the past 52 weeks. In fact, shares have climbed a whopping 56.1% during this period. Plus, it trumped the Communication Services Select Sector SPDR ETF's (XLC) 18.2% gains over the same time frame. Take that, market!
🏀 The secret to TTWO's success? Top-line growth from iconic franchises like NBA 2K, Grand Theft Auto V, and Red Dead Redemption 2! And wait till you hear about Grand Theft Auto VI, which is expected to set new records and push Take-Two into the stratosphere. Word on the street is that GTA VI will generate billions in in-game spending and set a new standard for entertainment releases.
📅 Looking back, on Feb. 6, TTWO reported their Q3 results, and shares soared more than 14% in the following trading session. They reported a loss per share of $0.71, and revenue stood at $1.4 billion, which was only slightly lower than the previous year.
📊 Analysts' forecast on TTWO stock? It's overwhelmingly bullish, with a "Strong Buy" rating across the board. Out of 25 analysts covering the stock, 21 advise a "Strong Buy," two suggest a "Moderate Buy," and two give a "Hold." TTWO currently trades above its mean price target of $224.77, and with the Street-high price target of $270, there's a potential upside of 19.7%!
🔥 Disclaimer: Neha Panjwani, the author of this article, did not have any positions in any of the securities mentioned at the time of publication. This information is purely for your entertainment and education, and for more info, check out our Disclosure Policy here. 💻 💼 📈 🚀
- In the forthcoming fiscal fourth-quarter earnings on May 15, analysts predict Take-Two Interactive Software, Inc. (TTWO) to report a net profit of $0.69 per share, which is a significant improvement from the $0.07 loss per share in the same period last year.
- For the entire year, analysts project TTWO's EPS to reach $5.39 in 2026, representing a staggering 461.5% year-over-year increase.
- TTWO's stock performance surpasses the S&P 500's gains, outperforming by 8.4% over the past 52 weeks, with shares climbing by a remarkable 56.1% during this period.
- Top-line growth from popular franchises such as NBA 2K, Grand Theft Auto V, and Red Dead Redemption 2 has been a significant contributor to TTWO's success, with Grand Theft Auto VI rumored to push Take-Two to new heights.
