Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises. The company also publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier's Civilization, XCOM series, Borderlands, and Tiny Tina's Wonderland names. In addition, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; mobile titles, including WWE SuperCard; and PGA TOUR 2K. Further, the company offers Kerbal Space Program and OlliOlli World; free-to-play mobile games, such as CSR Racing, Dragon City, Empires & Puzzles, FarmVille, Golf Rival, Harry Potter: Puzzles & Spells, Match Factory!, Merge Dragons!, Merge Magic!, Monster Legends, Toon Blast, Top Eleven, Top Troops, Toy Blast, Two Dots, Words With Friends, and Zynga Poker; and hyper-casual mobile titles, including Fill the Fridge!, Parking Jam 3D, Power Slap, Pull the Pin, Twisted Tangle, and Tangled Snakes. Its products are designed for console gaming systems; personal computers; and mobiles comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York.

Take-Two has a strong brand and substantial revenue, but the fundamental picture does not yet support an aggressive valuation. Revenue remains at a high level and is generally stable, while a gross margin of around 57% looks acceptable and has been improving slightly over the years. At the same time, EBITDA and operating profit remain positive, which indicates a basic level of operating resilience, but TTM net income is negative, and EPS as well as net profit/operating profit margins look weak. It is especially concerning that P/S, P/B, and P/FCF are significantly above the industry median, meaning the market is already pricing in a much more optimistic scenario than current results justify. The debt burden, as reflected by debt/equity, looks moderate and is not a critical issue, but the absolute debt remains significant given weak profitability. Liquidity, as shown by the current ratio, is slightly better than the industry average, and cash on hand is high, which reduces the risk of short-term balance sheet pressure. At the same time, the quick ratio does not provide any meaningful additional cushion, so the quality of current liquidity cannot be called strong. Equity and net worth look substantial, but this does not offset the weak return on capital: ROE, ROA, ROI, and return on tangible equity in the current snapshot do not support a premium valuation. Year-over-year trends show that the company has emerged from a more difficult period, but the profit recovery is still unstable and not confirmed by consistent growth in net profitability. The absence of dividends removes one of the valuation support factors for an income-oriented investor. Taken together, this means that fair value should be more conservative than the current market level, since the premium for growth and quality is still running ahead of actual profitability. For an investor, TTWO remains an interesting story over the horizon of releases and normalization of results, but based on current metrics, the upside from revaluation appears limited.

Take-Two Interactive Software, Inc.

Средний индекс, значительно упал. Быки в растерянности.

Medium index, significantly down. The bulls are confused.

Сильный индекс, значительно упал. Оптимистичный взгляд на свои позиции резко сменился на неуверенность.

Strong index, significantly down. An optimistic view of his position suddenly changed to uncertainty.

Средний индекс, значительно вырос. Рынок не поддерживает быков.

Medium index, significantly up. The market does not support the bulls.

Средний индекс, значительно упал. Рынок на стороне медведей.

Medium index, significantly down. The market is on the bears' side.

Слабый индекс, незначительно вырос

Слабый индекс, незначительно упал

High valuation multiples and weak profitability outweigh moderate liquidity and stable revenue; the valuation appears overstretched relative to the current quality.

Snail, Inc. SNAL has faced renewed pressure as investors weigh weaker second-quarter bookings and declining sales across its core ARK franchise. The stock has fallen 38.4% over the past month, reflecting concerns about slowing demand for its established titles and the company’s continued reliance on ARK.
Snail reported second-quarter revenues of $19.7 million, down from $22.2 million a year ago. The decline was mainly caused by lower sales of ARK Survival Ascended and ARK Survival Evolved. Bookings also dropped to $21.8 million from $27.1 million a year earlier.
The stock has also underperformed other industry players like Take-Two Interactive Software, Inc. TTWO and Playtika Holding Corp. PLTK, as shown in the chart.
Weak ARK Sales Remain a Concern
The biggest challenge for Snail is the maturity of its ARK portfolio. Sales of ARK Survival Evolved continued to weaken as players shifted toward ARK Survival Ascended and its downloadable content.
The company sold about 574,000 units of ARK Survival Evolved during the quarter. ARK Survival Ascended sold about 1.2 million units. While ASA remains the stronger title, lower sales across the franchise weighed on quarterly performance.
Bookings fell nearly 20% year over year. This decline is important because bookings provide a view of demand before revenues are recognized. The company said lower ASE and ASA sales were the primary reasons for the decline.
Operating expenses also remain a pressure point. Higher general and administrative and research and development expenses partly offset the improvement in gross profit. Quarterly EBITDA remained negative at $3 million.
Snail is also investing heavily in future games. These investments could support long-term growth, but they put pressure on near-term profitability while the new titles are still under development.
Business Still Has Important Catalysts
Despite the weak quarter, the second half of 2026 could look considerably better.
One major factor is the timing of ARK content releases. Genesis Part 1 Ascended and Tides of Fortune were launched in early July instead of June. As a result, their contribution shifted into the third quarter.
Management expects to recognize about $11 million from deferred revenues related to Genesis Part 1 Ascended in the third quarter. Additional revenues should come from Tides of Fortune and other ARK content.
The company is also releasing the Fantastic Tames content in phases. Only one of its three creatures was delivered in the second quarter. The remaining content should support revenue recognition during the third and fourth quarters.
Bellwright is another encouraging development. The game surpassed 1 million lifetime units sold and gained traction following its PlayStation and Xbox launch. It also reached the top five paid games on Xbox shortly after the console debut.
Snail is also building a broader game pipeline. ARK Maker and the return of ARK Survival of the Fittest are planned for the second half of 2026. The company is developing three AAA titles that could eventually reduce its dependence on ARK.
Another positive is the reduction in ARK licensing costs. Snail began saving about $500,000 per month from April. Management said the savings are being reinvested in future games while also improving gross profit.
The balance sheet also offers some support. Unrestricted cash stood at $13.3 million at the end of June, up from $8.6 million at the end of 2025.
SNAL Stock’s Valuation
From a valuation standpoint, SNAL trades at a forward price-to-sales (P/S) multiple of 0.25, down from the industry’s average of 1.88. Conversely, industry players, such as Take-Two Interactive Software and Playtika Holding, have P/E multiples of 5.24 and 0.34, respectively.
P/S (F12M)
Image Source: Zacks Investment Research
SNAL’s Earnings and Sales Estimates
SNAL’s earnings outlook remains mixed. The consensus earnings estimate for 2026 has declined over the past seven days, while the same for 2027 has increased during the same period. On the revenue front, SNAL’s sales are projected to increase 22.5% in 2026 and 9.6% in 2027 from the respective prior-year levels.
Image Source: Zacks Investment Research
Wrapping Up
SNAL’s recent decline may already reflect concerns about weaker ARK sales, softer bookings and ongoing investments in new games. Existing investors may prefer to hold as the company enters a potentially stronger period, supported by new ARK content, deferred revenue recognition, Bellwright’s momentum, lower licensing costs and a broader game pipeline. However, the recovery is not yet proven. For new investors, waiting may be the better approach until there is clearer evidence that the new content can drive sustained bookings and revenue growth.
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Snail Stock Tumbles 38% in a Month: Buy the Dip, Hold or Sell?

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Take-Two (TTWO) Q1 2027 Earnings Call Transcript

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in MGM Resorts International (Symbol: MGM), where a total volume of 11,422 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.7% of MGM's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $50 strike call option expiring October 16, 2026, with 4,429 contracts trading so far today, representing approximately 442,900 underlying shares of MGM. Below is a chart showing MGM's trailing twelve month trading history, with the $50 strike highlighted in orange:
Take-Two Interactive Software, Inc. (Symbol: TTWO) options are showing a volume of 9,794 contracts thus far today. That number of contracts represents approximately 979,400 underlying shares, working out to a sizeable 45.4% of TTWO's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $210 strike put option expiring September 25, 2026, with 5,005 contracts trading so far today, representing approximately 500,500 underlying shares of TTWO. Below is a chart showing TTWO's trailing twelve month trading history, with the $210 strike highlighted in orange:
And Hewlett Packard Enterprise Co (Symbol: HPE) saw options trading volume of 70,069 contracts, representing approximately 7.0 million underlying shares or approximately 42.4% of HPE's average daily trading volume over the past month, of 16.5 million shares. Particularly high volume was seen for the $60 strike call option expiring August 14, 2026, with 3,223 contracts trading so far today, representing approximately 322,300 underlying shares of HPE. Below is a chart showing HPE's trailing twelve month trading history, with the $60 strike highlighted in orange:
For the various different available expirations for MGM options, TTWO options, or HPE options, visit StockOptionsChannel.com.
Further MGM Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Thursday Option Activity: MGM, TTWO, HPE

Take-Two Interactive Software TTWO reported first-quarter fiscal 2027 adjusted earnings of 36 cents per share, beating the Zacks Consensus Estimate by 16.13%. GAAP loss widened to 18 cents per share from 7 cents a year ago.
Revenues of $1.39 billion declined 2.6% year over year but topped the consensus estimate of $1.36 billion by 2.3%. Better-than-expected NBA 2K and Grand Theft Auto performance helped Net Bookings exceed management's guidance. Recurrent consumer spending accounted for 84% of Net Bookings.
GAAP net revenues increased 2.0% year over year to $1.53 billion. Game revenues rose 2.9% to $1.42 billion, while advertising revenues fell 8.4% to $111.1 million.
By platform, mobile revenues decreased 4.9% to $762.3 million and PC and other revenues dropped 13.5% to $131.1 million. Console revenues climbed 16.3% to $640.5 million, partly offsetting weakness elsewhere. U.S. revenues rose 2.2% to $920.0 million, while international revenues increased 1.7% to $613.9 million.
Take-Two's Q1 Results Show Franchise Strength
NBA 2K26 sold in more than 12 million units, up 9% from NBA 2K25. Recurrent consumer spending for NBA 2K grew 7%, supported by a 15% increase in average daily active users, a 25% rise in MyCAREER daily active users and a 35% increase in average games played per user.
Take-Two Interactive Software, Inc. Price, Consensus and EPS Surprise
Take-Two Interactive Software, Inc. price-consensus-eps-surprise-chart | Take-Two Interactive Software, Inc. Quote
The Grand Theft Auto series also exceeded the company's expectations. Grand Theft Auto V has sold in more than 230 million units worldwide, while recurrent consumer spending for the series grew 3%. Management said Grand Theft Auto VI had an exceptional start to preorders ahead of its Nov. 19 release.
TTWO's Mobile Business Remains Uneven
Zynga performed in line with management's expectations, though mobile Net Bookings declined 7% year over year. Toon Blast Net Bookings rose 8%, Words With Friends grew 8% and Top Eleven increased 15%.
NBA 2K All-Star in China surpassed 10 million registered users since launch and is generating strong profit margins. Management also noted some pressure on user acquisition but said it was not seeing a broader consumer pullback in mobile.
Take-Two's Costs Weigh on Quarterly Profitability
GAAP gross profit declined 6.6% year over year to $882.5 million, while gross margin contracted to 57.5% from 62.8%. Cost of revenues rose to $651.4 million and included a $43.4 million impairment charge tied to an unannounced third-party title that the company decided not to pursue.
Operating expenses edged down 0.6% to $918.0 million. Selling and marketing expenses fell 9.6% to $369.7 million, while research and development expenses increased 6.8% to $273.8 million and general and administrative expenses rose 9.1% to $226.3 million.
Take-Two's Balance Sheet & Cash Flow Details
Cash and cash equivalents were $1.36 billion as of June 30, 2026, down from $1.55 billion at March 31. Short-term investments increased to $461.7 million from $443.8 million.
Operating cash outflow was $168.8 million compared with $44.7 million a year earlier.
TTWO's Q2 & FY27 Outlook
For the fiscal second quarter, management expects Net Bookings of $1.62-$1.67 billion and GAAP net revenues of $1.42-$1.47 billion. GAAP loss is forecast at 84-75 cents per share, with recurrent consumer spending expected to decline about 5%.
Take-Two reiterated fiscal 2027 Net Bookings guidance of $8.0-$8.2 billion, representing roughly 20% growth at the midpoint. GAAP net revenues are still expected at $7.9-$8.1 billion, while GAAP earnings are projected at 55-75 cents per share. Recurrent consumer spending is expected to be flat year over year and represent 64% of Net Bookings.
For fiscal 2027, TTWO continues to expect operating cash flow above $1 billion. Capital expenditures are now projected at approximately $290 million, up from the prior forecast because of a planned real estate purchase, while management expects to reach a net cash position by fiscal year-end.
Take-Two’s Zacks Rank & Other Stocks to Consider
Currently, TTWO carries a Zacks Rank #2 (Buy).
Kontoor Brands KTB, Newsmax Inc. NMAX and Viking Holdings VIK are some similar-ranked stocks that investors can consider in the broader Consumer Discretionary sector.
Kontoor Brands, Newsmax and Viking Holdings carry a Zacks Rank #2 each at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Kontoor Brands is slated to announce second-quarter 2026 results on Aug. 12. Meanwhile, Newsmax will report on Aug. 13, and Viking Holdings is scheduled to release results on Aug. 19.
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Take-Two Q1 Earnings Beat Estimates on NBA 2K and GTA Strength

Snail, Inc. SNAL is scheduled to release second-quarter 2026 results on Aug 11.
The Zacks Consensus Estimate for SNAL’s second-quarter 2026 earnings per share (EPS) is pegged at 31 cents, indicating a 94.5% decline from $5.65 reported in the prior-year quarter. The consensus mark for earnings has witnessed downward revisions in the past 60 days.
SNAL’s earnings have surpassed the Zacks Consensus Estimate in three out of the trailing four quarters and missed on one occasion, with an average beat being 2,808.4%.
The consensus mark for second-quarter 2026 revenues is pegged at $29 million, indicating a 30.7% increase from the year-ago quarter’s reported figure.
Q2 Earnings Whispers for SNAL Stock
Our proven model does not predict an earnings beat for Snail this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
SNAL’s Earnings ESP: SNAL has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Snail Zacks Rank: The company carries a Zacks Rank #4 (Sell) at present.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Influence Snail’s Q2 Results
Snail is likely to have benefited from a strong slate of ARK-related content in the second quarter, with player engagement and monetization potentially receiving a lift from new releases. The company had planned the Fantastic Tames Season 1 Expansion Pack for May and ARK Tides of Fortune for June, providing fresh content for ARK: Survival Ascended during the quarter. The franchise entered the period with solid momentum, as ASA sold 1.4 million units in first-quarter, helped by promotional activity and the success of the Lost Colony DLC.
A major potential catalyst for second-quarter 2026 revenue is the planned release of the ASA remake of ARK Genesis Part 1. Snail expects this launch to trigger recognition of roughly $11 million of revenues that had previously been deferred. The revenue recognition could therefore create a meaningful year-over-year increase in quarterly sales, particularly alongside contributions from other ARK content.
Bellwright could provide another source of revenue growth, supported by the positive response to its late-2025 content update. The title helped drive first-quarter 2026 performance, while the company’s broader portfolio of indie games and licensed properties provides additional revenue opportunities. Snail also has a number of ARK-related releases and other projects scheduled across 2026, which should help broaden its revenue base beyond the core franchise.
On the downside, declining revenues from ARK Mobile and ARK: Survival Evolved could temper the overall improvement in sales.
Profitability might have faced pressure from continued investment in Snail’s expanding game pipeline. The company is advancing three AAA titles while simultaneously funding ARK DLCs and other projects. Although management said it remains disciplined on spending, elevated development activity could continue to weigh on the bottom line in second-quarter 2026.
SNAL Stock’s Price Performance & Valuation
Shares of Snail have surged 105.2% in the past three months against the industry’s decline of 16.3%. The stock has also outperformed other industry players like Take-Two Interactive Software, Inc. TTWO and Playtika Holding Corp. PLTK, as shown in the chart.
Image Source: Zacks Investment Research
From a valuation standpoint, SNAL trades at a forward price-to-sales (P/S) multiple of 0.36, above the industry’s average of 1.85. Conversely, industry players, such as Take-Two Interactive Software and Playtika Holding, have P/E multiples of 5.21 and 0.4, respectively.
P/S (F12M)
Image Source: Zacks Investment Research
Investment Considerations for SNAL Stock
Given the sharp recent rally, the lack of a favorable earnings signal and the company’s continued investment requirements, investors may want to remain cautious on SNAL ahead of its second-quarter results. Although ARK content and the expected recognition of deferred revenues could support sales, the company remains heavily reliant on the ARK franchise while older titles face pressure.
At the same time, advancing multiple AAA projects and developing additional content could keep costs elevated and limit bottom-line improvement. The absence of a positive earnings surprise signal further reduces the near-term catalyst for the stock. With the shares already having rallied strongly, expectations appear elevated, leaving greater scope for disappointment if quarterly execution or the outlook falls short. Overall, the combination of potential earnings pressure, continued development spending, dependence on ARK and limited near-term visibility makes it prudent for investors to avoid SNAL ahead of the second-quarter results.
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Should You Buy, Sell or Hold Snail Stock Before Q2 Earnings Release?

Take-Two Interactive Software, Inc. TTWO entered fiscal 2027 with first-quarter Net Bookings slightly above guidance, while management kept its full-year outlook unchanged ahead of the Nov. 19 launch of Grand Theft Auto VI.
Chief executive officer Strauss Zelnick framed the year as an inflection point, but the call also showed restraint around translating record GTA VI preorders into higher guidance before launch.
Goldstein reiterated fiscal 2027 Net Bookings guidance of $8 billion to $8.2 billion, representing about 20% growth at the midpoint. The company still expects recurrent consumer spending to be in line with fiscal 2026 and accounts for 64% of Net Bookings.
Take-Two reported fiscal first-quarter earnings of 36 cents per share, which beat the Zacks Consensus Estimate of 31 cents. Revenues of $1.39 billion beat the estimate of $1.35 billion.
Take-Two Interactive Software, Inc. Price, Consensus and EPS Surprise
Take-Two Interactive Software, Inc. price-consensus-eps-surprise-chart | Take-Two Interactive Software, Inc. Quote
Take-Two Keeps GTA VI Launch at Center
CEO Strauss Zelnick said confidence in the Nov. 19 release of Grand Theft Auto VI remains high, supported by what management described as an exceptional start to preorders.
Zelnick said the preorder level is unprecedented for Take-Two and the industry, but he declined to translate that demand into unit expectations. He stressed that preorders can be canceled and that no units have yet been sold.
President Karl Slatoff also pointed to continued GTA Online engagement, saying recent content has reactivated players while the company maintains a stable update cadence and significant support for the service.
TTWO Leans on NBA 2K and Recurrent Spending
CEO Strauss Zelnick said NBA 2K26 sold more than 12 million units, up 9% from NBA 2K25. Recurrent consumer spending for the franchise grew 7%, while average daily active users increased 15%.
CFO Lainie Goldstein said companywide recurrent consumer spending declined 1%, better than guidance for a 3% decline, and represented 84% of first-quarter Net Bookings.
For the fiscal second quarter, Goldstein guided Net Bookings to $1.62 billion to $1.67 billion and expects recurrent consumer spending to decline about 5%, with mobile down and NBA 2K and Grand Theft Auto growing.
Take-Two Addresses Mobile and Pricing
A TD Cowen analyst asked about signs of weaker mobile demand. CEO Strauss Zelnick said Take-Two is not seeing consumer pullback, though user acquisition costs face some pressure and Color Block Jam has a tougher year-over-year comparison.
A BMO Capital Markets analyst questioned the decision to price GTA VI at $80 while keeping NBA 2K27 at $70. Zelnick said the company’s objective is to deliver more consumer value rather than maximize price.
Zelnick also said direct-to-consumer distribution remains a growth area in mobile and has had a material positive effect on margins.
TTWO Q&A Tempers Preorder Expectations
A Wells Fargo analyst asked whether strong GTA VI preorders could pull demand forward. CEO Strauss Zelnick acknowledged that outcome while reiterating that management is not raising guidance before the title launches.
A Citi analyst also pressed for a framework linking preorders to eventual sales. Zelnick again declined to provide unit expectations, emphasizing that the unprecedented preorder levels make historical comparisons less useful.
The repeated caution contrasted with management’s strong confidence in the title and reinforced the decision to keep the fiscal 2027 Net Bookings range unchanged.
Take-Two Focuses on Sustaining New Scale
CEO Strauss Zelnick said major releases have historically influenced Take-Two beyond a single quarter, while the company’s pipeline, live services and catalog provide additional growth avenues.
Management also highlighted international expansion, selective accretive M&A and live-service enhancements as priorities for sustaining a higher scale after fiscal 2027.
TTWO Zacks Signals Favorable Rank, Mixed Styles
TTWO carries a Zacks Rank #2 (Buy). Its Value Score is F, while Growth and Momentum Scores are C and the VGM Score is D. Under the Zacks framework, the #2 rank is favorable, while A and B are the stronger Style Score grades. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The combination therefore provides a positive earnings-estimate-revision signal but weaker support from the Style Scores. The Zacks Rank can change as analysts revise estimates following the just-reported results.
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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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TTWO Q1 Earnings Call Keeps GTA VI at Center of FY27 Outlook

Take-Two Interactive Software, Inc. (TTWO) surged 6% after the company reported first-quarter 2026 earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.31 per share.
Under Armour, Inc. (UAA) fell 4.5% after the company reported first-quarter 2026 revenues of $1.1 billion, missing the Zacks Consensus Estimate by 0.93%.
The Wendy's Company (WEN) shares rose 4.1% after the company reported second-quarter 2026 earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.16 per share.
Fluor Corporation (FLR) shares surged 16.9% after the company reported second-quarter 2026 earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.73 per share.
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Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
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Company News for Aug 10, 2026

Take-Two Interactive (TTWO) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +16.13%. A quarter ago, it was expected that this publisher of "Grand Theft Auto" and other video games would post earnings of $0.56 per share when it actually produced earnings of $0.8, delivering a surprise of +42.86%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Take-Two, which belongs to the Zacks Gaming industry, posted revenues of $1.39 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.30%. This compares to year-ago revenues of $1.42 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Take-Two shares have lost about 9.2% since the beginning of the year versus the S&P 500's gain of 12.6%.
What's Next for Take-Two?
While Take-Two has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Take-Two was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.90 on $1.81 billion in revenues for the coming quarter and $6.86 on $8.56 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Gaming is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Bally's (BALY), has yet to report results for the quarter ended June 2026.
This casino operator is expected to post quarterly loss of $2.10 per share in its upcoming report, which represents a year-over-year change of +44.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Bally's' revenues are expected to be $778.5 million, up 18.4% from the year-ago quarter.
Should You Invest in Take-Two Interactive Software, Inc. (TTWO)?
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Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Take-Two Interactive (TTWO) Q1 Earnings and Revenues Top Estimates

(RTTNews) - Take-Two Interactive Software Inc (TTWO) reported Loss for its first quarter of -$34.1 million
The company's bottom line came in at -$34.1 million, or -$0.18 per share. This compares with -$11.9 million, or -$0.07 per share, last year.
The company's revenue for the period rose 2.0% to $1.533 billion from $1.503 billion last year.
Take-Two Interactive Software Inc earnings at a glance (GAAP) :
-Earnings: -$34.1 Mln. vs. -$11.9 Mln. last year. -EPS: -$0.18 vs. -$0.07 last year. -Revenue: $1.533 Bln vs. $1.503 Bln last year.
-Guidance: Next quarter EPS guidance: $ -0.84 To $ -0.75 Next quarter revenue guidance: $ 1.420 B To $ 1.470 B Full year EPS guidance: $ 0.55 To $ 0.75 Full year revenue guidance: $ 7.900 B To $ 8.100 B
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Take-Two Interactive Software Inc Q1 Loss Increases

The following companies are expected to report earnings prior to market open on 08/07/2026. Visit our Earnings Calendar for a full list of expected earnings releases.
Vistra Corp. (VST)is reporting for the quarter ending June 30, 2026. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.54. This value represents a 52.48% increase compared to the same quarter last year. VST missed the consensus earnings per share in the 4th calendar quarter of 2025 by -13.15%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for VST is 14.92 vs. an industry ratio of 18.50.
Take-Two Interactive Software, Inc. (TTWO)is reporting for the quarter ending June 30, 2026. The gaming company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.08. This value represents a 81.40% decrease compared to the same quarter last year. In the past year TTWO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 142.11%. Zacks Investment Research reports that the 2027 Price to Earnings ratio for TTWO is 43.66 vs. an industry ratio of 11.10, implying that they will have a higher earnings growth than their competitors in the same industry.
PPL Corporation (PPL)is reporting for the quarter ending June 30, 2026. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.35. This value represents a 9.37% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PPL is 18.02 vs. an industry ratio of 18.50.
Plains All American Pipeline, L.P. (PAA)is reporting for the quarter ending June 30, 2026. The oil/gas company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.40. This value represents a 11.11% increase compared to the same quarter last year. The last two quarters PAA had negative earnings surprises; the latest report they missed by -4.88%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PAA is 12.66 vs. an industry ratio of 4.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Emera Incorporated (EMA)is reporting for the quarter ending June 30, 2026. The alternative energy company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.51. This value represents a 10.53% decrease compared to the same quarter last year. EMA missed the consensus earnings per share in the 4th calendar quarter of 2025 by -6.98%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for EMA is 18.96 vs. an industry ratio of 59.20.
Oklo Inc. (OKLO)is reporting for the quarter ending June 30, 2026. The alternative energy company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.17. This value represents a 5.56% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for OKLO is -58.09 vs. an industry ratio of 59.20.
Fluor Corporation (FLR)is reporting for the quarter ending June 30, 2026. The engineering company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.73. This value represents a 69.77% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for FLR is 19.17 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Essent Group Ltd. (ESNT)is reporting for the quarter ending June 30, 2026. The insurance (property & casualty) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.77. This value represents a 8.29% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for ESNT is 9.19 vs. an industry ratio of 9.60.
Construction Partners, Inc. (ROAD)is reporting for the quarter ending June 30, 2026. The building company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.06. This value represents a 30.86% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for ROAD is 36.11 vs. an industry ratio of 17.60, implying that they will have a higher earnings growth than their competitors in the same industry.
ACM Research, Inc. (ACMR)is reporting for the quarter ending June 30, 2026. The capital goods company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.21. This value represents a 47.50% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for ACMR is 78.33 vs. an industry ratio of 78.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Algonquin Power & Utilities Corp. (AQN)is reporting for the quarter ending June 30, 2026. The electric power utilities company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.05. This value represents a 25.00% increase compared to the same quarter last year. In the past year AQN has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for AQN is 16.03 vs. an industry ratio of 18.50.
Atmus Filtration Technologies Inc. (ATMU)is reporting for the quarter ending June 30, 2026. The auto (truck) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.79. This value represents a 5.33% increase compared to the same quarter last year. In the past year ATMU has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.15%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for ATMU is 18.23 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	0.00 15.82
Price/Sales	6.48 1.03
P/B	12.40 1.47
P/FCF	99.52 12.55

Indicator	TTM Median
ROE	0.00 13.05
ROA	0.00 5.16
ROI	0.00 7.30
Net Worth	43.20 0.69
Quick Ratio	0.00 0.93
Current Ratio	1.24 1.15

Indicator	TTM Median
Net Profit Margin	0.00 9.61
Operating Margin	0.00 13.96
Gross Margin	57.25 55.30
Return on tangible equity	0.00 25.60

Indicator	TTM Median
EPS	-0.01 0.33
EPS Forecast	0.08 0.25
Revenue	1.68B 82.00M
Gross Profit	939.00M —
EBITDA	383.00M —

Take-Two Interactive Software, Inc.

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