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 Interactive Software, Inc.

Investors in Take-Two Interactive Software, Inc. (Symbol: TTWO) saw new options become available today, for the February 2026 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TTWO options chain for the new February 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $220.00 strike price has a current bid of $1.35. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $220.00, but will also collect the premium, putting the cost basis of the shares at $218.65 (before broker commissions). To an investor already interested in purchasing shares of TTWO, that could represent an attractive alternative to paying $256.89/share today.
Because the $220.00 strike represents an approximate 14% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 91%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 0.61% return on the cash commitment, or 5.09% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Take-Two Interactive Software, Inc., and highlighting in green where the $220.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $260.00 strike price has a current bid of $9.40. If an investor was to purchase shares of TTWO stock at the current price level of $256.89/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $260.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.87% if the stock gets called away at the February 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if TTWO shares really soar, which is why looking at the trailing twelve month trading history for Take-Two Interactive Software, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing TTWO's trailing twelve month trading history, with the $260.00 strike highlighted in red:
Considering the fact that the $260.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.66% boost of extra return to the investor, or 30.35% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 36%, while the implied volatility in the call contract example is 34%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $256.89) to be 30%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
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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.

February 2026 Options Now Available For Take-Two Interactive Software (TTWO)

As investors look ahead to 2026, the gaming sector is shifting from hype-driven narratives to a sharper focus on execution, monetization and earnings visibility, setting up a timely faceoff between Roblox Corporation RBLX and Take-Two Interactive Software, Inc. TTWO.
Roblox represents a long-duration platform story built on user-generated content, global engagement and expanding monetization tools. At the same time, Take-Two relies on premium franchises, blockbuster release cycles and increasingly diversified publishing assets. With both companies exposed to very different demand drivers and cash flow profiles, the debate heading into 2026 centers on which model offers the more durable growth setup as investors prioritize sustainability over short-term excitement.
The Case for RBLX
Roblox’s 2026 setup is anchored by exceptional platform momentum and expanding scale. In third-quarter 2025, daily active users surged to more than 151 million, with engagement hours up over 90% year over year, signaling that growth is being driven by usage intensity rather than one-off hits. Importantly, bookings growth outpaced user growth, supported by a sharp rise in monthly unique payers and strong monetization across regions. This combination suggests Roblox is still early in penetrating the global gaming market, with management estimating just more than 3% share today, leaving a long runway for expansion into 2026.
A key positive for 2026 is Roblox’s accelerating evolution beyond its historical core audience. Older users are becoming a larger and more engaged part of the platform, with the 13-and-over cohort now representing the majority of both DAUs and total hours. This demographic shift broadens monetization potential and aligns Roblox more closely with mainstream gaming categories. Management also emphasized that new viral experiences are increasingly attracting older players organically, reinforcing the idea that Roblox is transitioning from a niche youth platform into a multi-genre, all-ages gaming ecosystem.
Technology and creator ecosystem investments further strengthen the long-term thesis. Roblox is rolling out server authority, advanced matchmaking, higher-fidelity avatars and AI-driven creation tools designed to unlock genres like shooters, sports, racing and RPGs, areas where the platform has historically been underrepresented. At the same time, higher DevEx payouts and new IP-licensing infrastructure are improving creator economics, which should help attract higher-quality content and sustain innovation. These initiatives position Roblox to compound growth into 2026 by expanding both the breadth and depth of experiences available on the platform.
The primary risk in the 2026 outlook is margin pressure tied to heavy reinvestment. Management has been clear that higher creator payouts, infrastructure spending, safety initiatives and elevated CapEx will likely result in modest margin compression next year. Tough year-over-year comparisons and potential short-term friction from new safety policies could also temper reported growth rates. While these investments are framed as necessary to support long-term scale and trust, they may weigh on near-term profitability and investor sentiment as Roblox works through 2026.
The Case for TTWO
Take-Two enters 2026 with rare visibility and momentum, anchored by a portfolio of enduring franchises and a clearly defined release cadence. Management raised fiscal 2026 net bookings guidance to $6.4-$6.5 billion after delivering record second-quarter bookings, underscoring strong execution across console, PC and mobile. Importantly, recurrent consumer spending now represents most bookings, reflecting the company’s ability to monetize engagement over time rather than relying solely on hit-driven launch cycles.This mix shift gives Take-Two a sturdier earnings base heading into a critical release year.
A major pillar of the 2026 setup is franchise depth and lifecycle management. NBA 2K26 delivered record unit sales, higher average selling prices and sharp growth in engagement metrics, translating into outsized growth in in-game spending. At the same time, Grand Theft Auto V and GTA Online continue to defy age, with rising GTA+ subscriptions and sustained player activity helping bridge the gap to Grand Theft Auto VI. This ability to extend monetization across long-running titles reduces execution risk and helps smooth results ahead of the largest launch in the company’s history.
Mobile is another underappreciated driver of Take-Two’s 2026 outlook. Zynga-led franchises such as Toon Blast, Match Factory! and Color Block Jam are delivering consistent double-digit growth, while direct-to-consumer initiatives are improving conversion and margins. Management highlighted that changes in payment ecosystems and distribution economics should further expand profitability over time. With mobile now accounting for a meaningful share of bookings, Take-Two benefits from diversification that many console-focused peers lack.
The most notable risk in Take-Two’s 2026 setup is execution concentration around Grand Theft Auto VI. While management emphasized that the November 2026 release date allows for additional polish and long-term value creation, any further delays would test investor patience and compress near-term expectations. In addition, recent examples such as Borderlands 4 show that even strong franchises can face launch-related issues, particularly on PC, which can weigh on early momentum. With expectations extremely high, Take-Two’s margin for error into 2026 is narrower than usual.
How Does Zacks Consensus Estimate Compare for RBLX & TTWO?
The Zacks Consensus Estimate for RBLX’s 2026 sales implies year-over-year increases of 22.1%. The consensus estimate for the loss per share in the year is pegged at $1.88, whereas it is expected to incur a loss of $1.59 in 2025. Moreover, in the past 30 days, loss estimates have narrowed for 2026.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for TTWO’s fiscal 2026 sales and EPS implies year-over-year growth of 14.8% and 60%, respectively. Earnings estimates for fiscal 2026 have decreased in the past 30 days.
Image Source: Zacks Investment Research
Price Performance & Valuation
RBLX stock has lost 22.5% in the past six months compared with its industry’s fall of 0.5%. Conversely, TTWO’s shares have risen 5.3% in the same time frame.
Price Performance
Image Source: Zacks Investment Research
RBLX is trading at a forward 12-month price-to-sales ratio of 6.59X, below its median of 8.69X over the last year. TTWO’s forward sales multiple sits at 5.68X, above its median of 5.60X over the same time frame.
P/S (F12M)
Image Source: Zacks Investment Research
Wrapping Up
Overall, the setup favors Take-Two heading into 2026, even though both RBLX and it carry a Zacks Rank #3 (Hold). Take-Two offers stronger earnings visibility and a more balanced growth profile, driven by durable franchises, recurring spending and diversified exposure across console, PC and mobile. Roblox still has long-term appeal, but its outlook relies more on sustained reinvestment and margin patience, making Take-Two’s model look more resilient as investors prioritize execution and predictability.
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RBLX vs TTWO: Which Gaming Stock Has the Stronger 2026 Setup?

Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.
Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.
The Zacks Earnings ESP, Explained
The Zacks Expected Surprise Prediction, or ESP, works by locking in on the most up-to-date analyst earnings revisions because they can be more accurate than estimates from weeks or even months before the actual release date. The thinking is pretty straightforward: analysts who provide earnings estimates closer to the report are likely to have more information.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.
Should You Consider Lululemon?
The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. Lululemon (LULU) holds a #3 (Hold) at the moment and its Most Accurate Estimate comes in at $2.40 a share five days away from its upcoming earnings release on June 5, 2024.
Lululemon's Earnings ESP sits at +0.55%, which, as explained above, is calculated by taking the percentage difference between the $2.40 Most Accurate Estimate and the Zacks Consensus Estimate of $2.39. LULU is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
LULU is one of just a large database of Consumer Discretionary stocks with positive ESPs. Another solid-looking stock is Roku (ROKU).
Roku, which is readying to report earnings on July 25, 2024, sits at a Zacks Rank #3 (Hold) right now. It's Most Accurate Estimate is currently -$0.41 a share, and ROKU is 55 days out from its next earnings report.
For Roku, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of -$0.45 is +8.66%.
Because both stocks hold a positive Earnings ESP, LULU and ROKU could potentially post earnings beats in their next reports.
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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.

How to Find Strong Consumer Discretionary Stocks Slated for Positive Earnings Surprises

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Robinhood Markets Inc (Symbol: HOOD), where a total of 185,464 contracts have traded so far, representing approximately 18.5 million underlying shares. That amounts to about 74.1% of HOOD's average daily trading volume over the past month of 25.0 million shares. Particularly high volume was seen for the $130 strike call option expiring December 26, 2025, with 9,897 contracts trading so far today, representing approximately 989,700 underlying shares of HOOD. Below is a chart showing HOOD's trailing twelve month trading history, with the $130 strike highlighted in orange:
Apple Inc (Symbol: AAPL) saw options trading volume of 326,946 contracts, representing approximately 32.7 million underlying shares or approximately 74% of AAPL's average daily trading volume over the past month, of 44.2 million shares. Particularly high volume was seen for the $275 strike call option expiring December 26, 2025, with 90,198 contracts trading so far today, representing approximately 9.0 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $275 strike highlighted in orange:
And Take-Two Interactive Software, Inc. (Symbol: TTWO) options are showing a volume of 7,728 contracts thus far today. That number of contracts represents approximately 772,800 underlying shares, working out to a sizeable 56.4% of TTWO's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $220 strike put option expiring February 20, 2026, with 6,116 contracts trading so far today, representing approximately 611,600 underlying shares of TTWO. Below is a chart showing TTWO's trailing twelve month trading history, with the $220 strike highlighted in orange:
For the various different available expirations for HOOD options, AAPL options, or TTWO options, visit StockOptionsChannel.com.
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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.

Noteworthy Friday Option Activity: HOOD, AAPL, TTWO

Sea Limited SE and Take-Two Interactive TTWO are key players in the global gaming industry, though they differ in scale and focus. Sea Limited’s gaming arm, Garena, is best known for the mobile hit Free Fire, which drives engagement across emerging markets. Take-Two, meanwhile, owns premium franchises like Grand Theft Auto, NBA 2K and dominates console, PC, and mobile platforms.
Industry report forecasts the mobile gaming market to reach $256.2 billion by 2030, witnessing a 10.2% CAGR, emphasizing the long-term growth runway supporting both stocks. Both companies are well-positioned to capitalize on this trend through scalable monetization models that combine in-game recurring spending with new title launches to accelerate top-line growth.
Let us delve deeper to determine which is a better investment now.
The Case for Sea Limited Stock
Sea Limited’s digital entertainment arm, Garena, continues to face structural headwinds despite a near-term rebound. While the third quarter of 2025 marked Garena’s strongest performance since 2021, the business remains heavily dependent on a single franchise, Free Fire, leaving the business exposed to any slowdown in player engagement or monetization trends.
The company’s IP-led live events, such as Squid Game and Naruto Shippuden Chapter 2, boosted bookings but also increased royalty and platform fees, pushing digital entertainment's cost of revenue up nearly 44% year over year, which raises concerns about margin stability. The company’s higher payment channel fees and royalties tied to third-party intellectual property collaborations are pressuring long-term growth.
The recent operating performance has been strong. In the third quarter of 2025, Garena’s bookings surged 51% year over year to $840.7 million, adjusted EBITDA climbed 48%, and paying users rose 31%, lifting the paying ratio to 9.8%.
However, Garena’s ability to consistently launch new global hits remains uncertain and long-term visibility beyond Free Fire appears limited. Importantly, SE has not executed any material gaming acquisitions, increasing dependence on internal development and third-party IP partnerships for growth.
The Zacks Consensus Estimate for SE’s first-quarter 2026 earnings is pegged at $1.24 per share, down by 8.1% over the past 30 days. Similarly, the consensus mark for full-year 2026 earnings has been revised down to $5.64 per share, indicating a 3.3% decline over the past 30 days.
Image Source: Zacks Investment Research
The Case for Take-Two Interactive Stock
Take-Two Interactive enters fiscal 2026 from a position of strength, supported by one of the deepest franchise portfolios in global gaming. In the second quarter of fiscal 2026, TTWO delivered record net bookings of $1.96 billion, up 33% year over year, significantly exceeding guidance and prompting management to raise the full-year net bookings outlook to $6.4-$6.5 billion. Growth was broad-based across console and mobile, with recurrent consumer spending rising 20% and accounting for roughly 73% of bookings, highlighting the durability of Take-Two’s live-services model.
Key strengths include industry-leading IP such as Grand Theft Auto, NBA 2K, Red Dead Redemption, Borderlands, and Zynga’s mobile portfolio. NBA 2K26 posted a record launch with over 5 million units sold, a strong premium edition mix, and 45% growth in recurrent spending, while mobile titles like Toon Blast and Match Factory! delivered double-digit growth. The future pipeline is remarkably strong, featuring Grand Theft Auto VI (Nov 2026), Judas, CSR 3, Project ETHOS, Top Goal, and the next BioShock, positioning the company for a step-change in scale beyond fiscal 26.
Nonetheless, downside risks persist. The delay of GTA VI into fiscal 2027 will further weigh on subsequent revenue trends, while high development costs, marketing spend, and stock-based compensation continue to pressure profitability.
The Zacks Consensus Estimate for TTWO’s fiscal third and fourth quarters 2026 earnings remain unchanged at 83 cents and 41 cents, respectively, over the past 30 days. TTWO has delivered consistently strong quarterly performance. Its bottom line beat the Zacks Consensus Estimate in each of the trailing four quarters, the average positive surprise being 53.41%.
Image Source: Zacks Investment Research
Price Performance of SE and TTWO
Over the past six months, Sea Limited shares have declined 20.7%, compared with Take-Two Interactive’s return of 4.2%, underscoring a clear divergence in market performance. Sea Limited’s stock performance has been tempered by fundamental pressures within its digital entertainment segment. A highly competitive gaming landscape has intensified content and marketing spending, while rising royalty and platform fees have driven a higher cost of revenue. In addition, macroeconomic headwinds, including currency volatility and softer economic conditions across key emerging markets, have further pressured results. In contrast, Take-Two's cost structure is more stable, and development cycles are longer.
Stock Performance: SE vs. TTWO
Image Source: Zacks Investment Research
SE vs. TTWO: Key Performance Comparison
The technical indicator is also bearish for Sea Limited as its shares trade below the 50-day moving average, which indicates limited upside in the near-term momentum for the stock.
SE Trades Below 50-Day SMA
Image Source: Zacks Investment Research
Comparatively, Take-Two Interactive’s shares are trading above the 50-day moving average, indicating a bullish trend in the near term.
TTWO Trades Above 50-Day SMA
Image Source: Zacks Investment Research
Conclusion
Sea Limited’s mobile-driven rebound offers modest upside, but its gaming growth remains concentrated around Free Fire, with rising costs and execution risk limiting durability. Take-Two Interactive, by contrast, benefits from a diversified portfolio of premium franchises, strong recurrent consumer spending, consistent earnings outperformance, and a deep multi-year pipeline led by GTA VI. Greater earnings visibility, scale advantages, and stronger fundamentals position Take-Two Interactive as the superior long-term growth stock.
Compared with Take-Two Interactive’s Zacks Rank #3 (Hold), Sea Limited’s Zacks Rank #5 (Strong Sell) suggests lower analyst confidence in near-term performance. Investors can observe Take-Two for an attractive entry point in the near term and stay away from Sea Limited stock.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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SE vs. TTWO: Which Gaming Stock Offers Better Growth Opportunity?

Investors in Take-Two Interactive Software, Inc. (Symbol: TTWO) saw new options become available today, for the February 2026 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TTWO options chain for the new February 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $245.00 strike price has a current bid of $6.70. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $245.00, but will also collect the premium, putting the cost basis of the shares at $238.30 (before broker commissions). To an investor already interested in purchasing shares of TTWO, that could represent an attractive alternative to paying $249.54/share today.
Because the $245.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 60%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.73% return on the cash commitment, or 22.69% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Take-Two Interactive Software, Inc., and highlighting in green where the $245.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $255.00 strike price has a current bid of $8.00. If an investor was to purchase shares of TTWO stock at the current price level of $249.54/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $255.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.39% if the stock gets called away at the February 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if TTWO shares really soar, which is why looking at the trailing twelve month trading history for Take-Two Interactive Software, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing TTWO's trailing twelve month trading history, with the $255.00 strike highlighted in red:
Considering the fact that the $255.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.21% boost of extra return to the investor, or 26.59% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 33%, while the implied volatility in the call contract example is 34%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $249.54) to be 30%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
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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.

Investors looking for stocks in the Gaming sector might want to consider either Churchill Downs (CHDN) or Take-Two Interactive (TTWO). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Churchill Downs and Take-Two Interactive are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that CHDN likely has seen a stronger improvement to its earnings outlook than TTWO has recently. But this is just one piece of the puzzle for value investors.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
CHDN currently has a forward P/E ratio of 18.65, while TTWO has a forward P/E of 75.11. We also note that CHDN has a PEG ratio of 1.91. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TTWO currently has a PEG ratio of 2.17.
Another notable valuation metric for CHDN is its P/B ratio of 7.85. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, TTWO has a P/B of 13.28.
These metrics, and several others, help CHDN earn a Value grade of B, while TTWO has been given a Value grade of D.
CHDN is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that CHDN is likely the superior value option right now.
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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.

CHDN vs. TTWO: Which Stock Is the Better Value Option?

Investors in Take-Two Interactive Software, Inc. (Symbol: TTWO) saw new options become available this week, for the February 2026 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TTWO options chain for the new February 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $240.00 strike price has a current bid of $9.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $240.00, but will also collect the premium, putting the cost basis of the shares at $230.10 (before broker commissions). To an investor already interested in purchasing shares of TTWO, that could represent an attractive alternative to paying $245.68/share today.
Because the $240.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 61%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.12% return on the cash commitment, or 23.90% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Take-Two Interactive Software, Inc., and highlighting in green where the $240.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $250.00 strike price has a current bid of $11.90. If an investor was to purchase shares of TTWO stock at the current price level of $245.68/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $250.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.60% if the stock gets called away at the February 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if TTWO shares really soar, which is why looking at the trailing twelve month trading history for Take-Two Interactive Software, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing TTWO's trailing twelve month trading history, with the $250.00 strike highlighted in red:
Considering the fact that the $250.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 51%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.84% boost of extra return to the investor, or 28.06% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example, as well as the call contract example, are both approximately 33%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $245.68) to be 30%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
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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.

Interesting TTWO Put And Call Options For February 2026

Take-Two Interactive (TTWO) ended the recent trading session at $244.56, demonstrating a +1.28% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.16%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 0.59%.
Shares of the publisher of "Grand Theft Auto" and other video games witnessed a gain of 2.74% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.67%, and the S&P 500's loss of 0.21%.
Investors will be eagerly watching for the performance of Take-Two Interactive in its upcoming earnings disclosure. On that day, Take-Two Interactive is projected to report earnings of $0.83 per share, which would represent year-over-year growth of 15.28%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.59 billion, up 15.57% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.28 per share and a revenue of $6.48 billion, signifying shifts of +60% and +14.76%, respectively, from the last year.
Any recent changes to analyst estimates for Take-Two Interactive should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% downward. As of now, Take-Two Interactive holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Take-Two Interactive has a Forward P/E ratio of 73.53 right now. This indicates a premium in contrast to its industry's Forward P/E of 22.51.
We can also see that TTWO currently has a PEG ratio of 2.13. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Gaming stocks are, on average, holding a PEG ratio of 2.12 based on yesterday's closing prices.
The Gaming industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 28% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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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.

Why the Market Dipped But Take-Two Interactive (TTWO) Gained Today

Fintel reports that on December 10, 2025, B. Riley Securities initiated coverage of Take-Two Interactive Software (NasdaqGS:TTWO) with a Buy recommendation.
Analyst Price Forecast Suggests 12.07% Upside
As of December 5, 2025, the average one-year price target for Take-Two Interactive Software is $278.76/share. The forecasts range from a low of $153.84 to a high of $315.00. The average price target represents an increase of 12.07% from its latest reported closing price of $248.73 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Take-Two Interactive Software is 9,410MM, an increase of 51.29%. The projected annual non-GAAP EPS is 12.17.
What is the Fund Sentiment?
There are 1,857 funds or institutions reporting positions in Take-Two Interactive Software. This is an decrease of 1 owner(s) or 0.05% in the last quarter. Average portfolio weight of all funds dedicated to TTWO is 0.34%, an increase of 4.02%. Total shares owned by institutions decreased in the last three months by 2.77% to 198,780K shares. The put/call ratio of TTWO is 1.31, indicating a bearish outlook.
What are Other Shareholders Doing?
Public Investment Fund holds 11,415K shares representing 6.18% ownership of the company. No change in the last quarter.
Jpmorgan Chase holds 10,104K shares representing 5.47% ownership of the company. In its prior filing, the firm reported owning 10,099K shares , representing an increase of 0.05%. The firm decreased its portfolio allocation in TTWO by 2.48% over the last quarter.
Tiger Global Management holds 5,839K shares representing 3.16% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,532K shares representing 2.99% ownership of the company. In its prior filing, the firm reported owning 5,300K shares , representing an increase of 4.20%. The firm increased its portfolio allocation in TTWO by 9.13% over the last quarter.
Massachusetts Financial Services holds 4,936K shares representing 2.67% ownership of the company. In its prior filing, the firm reported owning 5,525K shares , representing a decrease of 11.93%. The firm decreased its portfolio allocation in TTWO by 86.12% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
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 16.80
Price/Sales	7.34 1.00
P/B	12.75 1.56
P/FCF	0.00 11.76

Indicator	TTM Median
ROE	0.00 12.75
ROA	0.00 5.10
ROI	0.00 7.52
Net Worth	43.51 0.85
Quick Ratio	0.00 0.93
Current Ratio	1.17 1.21

Indicator	TTM Median
Net Profit Margin	0.00 10.21
Operating Margin	0.00 14.29
Gross Margin	55.79 55.77
Return on tangible equity	212.74 27.87

Indicator	TTM Median
EPS	0.43 0.25
EPS Forecast	0.11 0.21
Revenue	1.50B 89.00M
Gross Profit	945.00M —
EBITDA	285.00M —

Take-Two Interactive Software, Inc.

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue