Original source text
== AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571 Live financial news intelligence
Track market-moving stories before they get noisy
Real-time pulse of financial headlines curated from 5 premium feeds.
Cryptocurrencies
BTC
10,642
ETH
6,835
XRP
5,267
SOL
4,381
HYPE
2,679
USDC
2,437
Commodities
GOLD
790
SILVER
404
OIL
123
PLATINUM
23
PALLADIUM
5
COPPER
3
- FMP Stock News 39s ago
- FMP Forex News 39s ago
- CoinGecko News 39s ago
- FIO Stock News 7m ago
- Patria Stock News 7m ago
- Editorial rewrite 39s ago
- Asset sync 44m ago
Latest coverage
Market News Feed
Scan headlines quickly, then expand any story for source context.
| Details | Date | Content | Source |
|---|---|---|---|
|
Saved
2026-10-23 23:23
1d ago
Published
2026-10-23 18:00
1d ago
|
Why GTA 6 Is the Most Important Launch in Take-Two History | FMP Stock News | |
|
|
|||
|
Saved
2026-10-23 23:23
1d ago
Published
2026-10-23 18:50
1d ago
|
Take-Two Interactive (TTWO) Dips More Than Broader Market: What You Should Know | FMP Stock News | |
|
Original source text
Take-Two Interactive (TTWO - Free Report) closed at $203.74 in the latest trading session, marking a -1.96% move from the prior day. This change lagged the S&P 500's 0.52% loss on the day. At the same time, the Dow lost 1.24%, and the tech-heavy Nasdaq lost 0.21%.The publisher of "Grand Theft Auto" and other video games's stock has climbed by 2.38% in the past month, falling short of the Consumer Discretionary sector's gain of 4.8% and outpacing the S&P 500's loss of 1.21%. Investors will be eagerly watching for the performance of Take-Two Interactive in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 9, 2026. The company's earnings per share (EPS) are projected to be $0.9, reflecting a 38.36% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.66 billion, indicating a 15.42% decrease compared to the same quarter of the previous year. TTWO's full-year Zacks Consensus Estimates are calling for earnings of $6.99 per share and revenue of $8.53 billion. These results would represent year-over-year changes of +70.49% and +26.97%, respectively. Investors might also notice recent changes to analyst estimates for Take-Two Interactive. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 remained steady. Currently, Take-Two Interactive is carrying a Zacks Rank of #3 (Hold). In the context of valuation, Take-Two Interactive is at present trading with a Forward P/E ratio of 29.71. This expresses a premium compared to the average Forward P/E of 15.85 of its industry. We can also see that TTWO currently has a PEG ratio of 1.09. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Gaming stocks are, on average, holding a PEG ratio of 1.09 based on yesterday's closing prices. The Gaming industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 202, finds itself in the bottom 18% echelons of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. |
|||
|
Saved
2026-10-23 11:00
1d ago
Published
2026-10-23 03:49
1d ago
|
Cantor Fitzgerald Investment Advisors L.P. Buys New Shares in Take-Two Interactive Software, Inc. $TTWO | FMP Stock News | |
|
Original source text
Cantor Fitzgerald Investment Advisors L.P. purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ: TTWO) in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,764 shares of the company's stock, valued at approximately $1,404,000. Several other hedge funds have also modified their holdings |
|||
|
Saved
2026-10-22 20:11
2d ago
Published
2026-10-22 14:51
2d ago
|
Software Stock Could Be a Smart Long-Term Bet for Bulls | FMP Stock News | |
|
Original source text
The $25k Day Trading Barrier is Gone. It's Time to Put Your Capital to Work.For years, the PDT rule put a major roadblock in front of active traders. The barrier is no longer standing in the way. But having more freedom doesn't mean every trade is worth taking. With Dynamite Day Trading Signals, you'll receive up to 2 options trade alerts per week, each targeting 50%+ gains in a single session. NO holding positions overnight. NO waiting weeks for a trade to develop. Just focused options trades designed to capitalize on opportunities as they emerge. 👉 Get Access to Dynamite Day Trading Signals |
|||
|
Saved
2026-10-22 10:02
2d ago
Published
2026-10-22 05:15
2d ago
|
GTA III turns 25: $1,000 invested in Take-Two when the game launched is now worth this much | FMP Stock News | |
|
Original source text
Grand Theft Auto (GTA) has been a popular series since its very first installment, though few could have imagined just how significant it would become by 2026, at the very start of the XXI century, when the third game in the series came out.Along with sales, tracing the stock market performance of Take-Two Interactive (NASDAQ: TTWO) – the publisher – is a way of tracking the ascendance of GTA. For example, when GTA III first released on October 23, 2001, TTWO shares were changing hands – after adjusting for the 2005 3-for-2 split – at $7.95. Thus, seeing the potential of the industry as far back as 25 years ago and investing $1,000 in the published would have led to owning 125.79 shares. At press time on Thursday, October 22, 2026, Take-Two Interactive stock was trading at $205.30 pre-market, meaning it had rallied 2,482.39% since the release of GTA III. This rise would therefore grow the original $1,000 investment to $25,823.90, for $24,823.90 in profits. Tate-Two Interactive stock price performance since October 2001. Source: Google What is next for TTWO stock Meanwhile, TTWO stock is expected to achieve another powerful rally in the next 12 months, thanks to the November 19 release of GTA 6 – arguably the most highly anticipated installment in the franchise, and maybe the most highly anticipated video game in history. Indeed, Wall Street analysts have been unanimously bullish regarding Take-Two Interactive’s equity for months, leading to all nineteen ratings issued in the last three months featuring ‘Buy’ recommendations. Wall Street sets TTWO stock price target in the lead-up to GTA 6 release. Source: TipRanks Furthermore, the lowest price target assigned in October – the $270 given by Citi’s (NYSE: C) Jason Bazinet – forecasts a 30.97% rally from the latest close at $206.16, while the highest – the $368 predicted by Omar Dessouky from Bank of America (NYSE: BAC) – estimates a 78.50% rise will take place in the next 12 months. GTA 6 likely to prove most significant release in the history of the gaming industry Still, some room for caution remains since, despite the enthusiasm and the approach of the actual release date, TTWO stock is, in fact, down 18.06% in 2026. Indeed, the publisher has so far been plagued by various rumours and leaks, the most notable of which began in August and led to a 12% drop in the second half of the month. TTWO stock price YTD chart with performance in the wake of the August GTA 6 leak highlighted. Source: Google Though the GTA equity’s performance is all but guaranteed to turn stellar upon a successful release of Grand Theft Auto 6, past turbulence shows the importance of the game for investors. Under the circumstances, there exists a risk of a major sell-off after November 19, considering that the long development cycle – GTA 5 came out on September 17, 2013 – might have created unmeetable expectations. Rockstar’s reputation as a developer and alleged pre-purchase numbers, however, do provide room for a bullish bias for the future of Take-Two Interactive stock. Featured image via Shutterstock |
|||
|
Saved
2026-10-20 18:11
4d ago
Published
2026-10-20 13:02
4d ago
|
QUICK SPARK: GTA VI Launch Could Cost US Economy $1B in a Day | FMP Stock News | |
|
Original source text
The release of “Grand Theft Auto VI” is expected to spark a one-day surge in U.S. worker absenteeism that could materially dent national productivity while boosting publisher Take-Two Interactive Software (NASDAQ:TTWO). |
|||
|
Saved
2026-10-19 14:58
5d ago
Published
2026-10-19 04:52
5d ago
|
Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $67,775.28 in Stock | FMP Stock News | |
|
Original source text
Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) Director Ellen Siminoff sold 334 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $202.92, for a total value of $67,775.28. Following the transaction, the director owned 1,332 shares in the company, valued at $270,289.44. The trade was a 20.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.Shares of NASDAQ TTWO opened at $205.28 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The business has a fifty day simple moving average of $218.47 and a two-hundred day simple moving average of $224.25. The firm has a market cap of $38.38 billion, a PE ratio of -118.66, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. Take-Two Interactive Software’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.07) EPS. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Analysts expect that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current fiscal year. Hedge Funds Weigh In On Take-Two Interactive Software Large investors have recently made changes to their positions in the business. Silicon Valley Capital Partners purchased a new position in Take-Two Interactive Software during the 2nd quarter worth approximately $25,000. Mosley Wealth Management boosted its holdings in shares of Take-Two Interactive Software by 266.7% in the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in shares of Take-Two Interactive Software in the third quarter worth $28,000. Washington Trust Advisors Inc. increased its stake in shares of Take-Two Interactive Software by 116.4% in the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock worth $30,000 after acquiring an additional 64 shares during the period. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Take-Two Interactive Software in the second quarter worth $32,000. 95.46% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several research analysts have issued reports on TTWO shares. Roth Capital increased their target price on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price target for the company. Robert W. Baird upped their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. UBS Group set a $310.00 price target on shares of Take-Two Interactive Software in a research report on Monday, September 28th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $298.82. Check Out Our Latest Report on Take-Two Interactive Software About Take-Two Interactive Software (Get Free Report) Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world. Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles. Read More Five stocks we like better than Take-Two Interactive Software These 3 Green Stocks Have a Growth Story That Goes Far Beyond Washington Meta Claims Frontier-Class AI Status With New Muse Wonder Models Berkshire Just Backed This Little-Known Stock—Should You Chase It? Broadcom’s CEO Sees Years of AI Demand But Warns of a Bigger Threat to the Boom Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-10-16 23:09
8d ago
Published
2026-10-16 18:51
8d ago
|
Why Take-Two Interactive (TTWO) Dipped More Than Broader Market Today | FMP Stock News | |
|
Original source text
In the latest trading session, Take-Two Interactive (TTWO - Free Report) closed at $205.18, marking a -2.01% move from the previous day. This change lagged the S&P 500's daily loss of 1.09%. At the same time, the Dow lost 0.34%, and the tech-heavy Nasdaq lost 2.15%.The publisher of "Grand Theft Auto" and other video games's stock has dropped by 0.59% in the past month, falling short of the Consumer Discretionary sector's gain of 0.95% and the S&P 500's gain of 2.44%. The upcoming earnings release of Take-Two Interactive will be of great interest to investors. The company's earnings report is expected on November 9, 2026. The company is predicted to post an EPS of $0.83, indicating a 43.15% decline compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.66 billion, down 15.42% from the year-ago period. TTWO's full-year Zacks Consensus Estimates are calling for earnings of $7.04 per share and revenue of $8.53 billion. These results would represent year-over-year changes of +71.71% and +26.97%, respectively. It's also important for investors to be aware of any recent modifications to analyst estimates for Take-Two Interactive. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Take-Two Interactive is currently a Zacks Rank #3 (Hold). Valuation is also important, so investors should note that Take-Two Interactive has a Forward P/E ratio of 29.74 right now. This represents a premium compared to its industry average Forward P/E of 15.01. Meanwhile, TTWO's PEG ratio is currently 1.09. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Gaming industry was having an average PEG ratio of 1.09. The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 160, placing it within the bottom 35% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. |
|||
|
Saved
2026-10-16 18:10
8d ago
Published
2026-10-16 03:47
8d ago
|
421,303 Take-Two Interactive Software, Inc. $TTWO Shares Acquired by Assenagon Asset Management S.A. | FMP Stock News | |
|
Original source text
Assenagon Asset Management S.A. lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 68.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,039,290 shares of the company’s stock after acquiring an additional 421,303 shares during the quarter. Assenagon Asset Management S.A. owned 0.56% of Take-Two Interactive Software worth $215,653,000 at the end of the most recent quarter.Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Take-Two Interactive Software in the second quarter valued at about $4,560,679,000. Bank of America Corp DE acquired a new position in Take-Two Interactive Software during the 2nd quarter worth approximately $599,405,000. Amundi increased its position in Take-Two Interactive Software by 38.1% during the 1st quarter. Amundi now owns 2,493,985 shares of the company’s stock worth $492,562,000 after purchasing an additional 688,133 shares during the period. Royal Bank of Canada increased its position in Take-Two Interactive Software by 12.2% during the 1st quarter. Royal Bank of Canada now owns 1,524,234 shares of the company’s stock worth $301,036,000 after purchasing an additional 166,145 shares during the period. Finally, Bessemer Group Inc. raised its stake in shares of Take-Two Interactive Software by 1.4% during the 1st quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company’s stock worth $291,489,000 after buying an additional 19,702 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors. Take-Two Interactive Software Stock Up 4.1% Shares of NASDAQ TTWO opened at $209.38 on Friday. The stock has a market capitalization of $39.15 billion, a price-to-earnings ratio of -121.03, a price-to-earnings-growth ratio of 1.40 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The firm has a 50-day moving average price of $219.30 and a 200 day moving average price of $224.16. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last issued its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current fiscal year. Wall Street Analyst Weigh In TTWO has been the subject of several recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Tuesday, October 6th. Oppenheimer restated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Take-Two Interactive Software in a report on Wednesday. BTIG Research upped their price objective on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $298.82. Read Our Latest Research Report on TTWO Insider Activity at Take-Two Interactive Software In other news, Director LaVerne Srinivasan sold 362 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the sale, the director owned 8,357 shares of the company’s stock, valued at $2,047,548.57. The trade was a 4.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel Emerson sold 744 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total value of $161,470.32. Following the completion of the sale, the insider owned 112,327 shares in the company, valued at approximately $24,378,328.81. This represents a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 53,302 shares of company stock worth $12,863,216. 1.12% of the stock is currently owned by company insiders. Take-Two Interactive Software Company Profile (Free Report) Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world. Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles. See Also Five stocks we like better than Take-Two Interactive Software ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle Beyond the GPU: Credo Paves the Next AI Data Superhighway Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-10-14 19:28
10d ago
Published
2026-10-14 13:16
10d ago
|
Take-Two shares could reach $300 as GTA VI upside remains unpriced, says Jefferies | FMP Stock News | |
|
Original source text
Jefferies has reiterated its "buy" rating on Take-Two Interactive Software Inc (NASDAQ:TTWO), the video game publisher behind Grand Theft Auto, arguing that its shares could reach $300 as investors underestimate the potential of Grand Theft Auto VI.The broker views the shares as attractive around $200, near their year-to-date lows, with a valuation of 20 times $12 in earnings per share for the year and a potential 50% upside to its price target. Take-Two shares have fallen 17% since pre-orders opened for GTA VI, contrasting with an 18% gain during the comparable period before Red Dead Redemption 2 launched in 2018. Jefferies argues that the market is already pricing in an outcome similar to the end of the Red Dead Redemption 2 launch cycle, despite additional growth opportunities that could distinguish GTA VI. The broker's valuation comparison shows Take-Two trading at 20 times earnings for the second financial year ahead, below the 25 times multiple reached at a similar stage before Red Dead Redemption 2 was launched. That valuation eventually fell to 20 times earnings by the end of 2018, when shares had retreated from their pre-launch peak and the Red Dead Online beta disappointed. Jefferies believes the comparison understates GTA VI's potential because its online mode and a possible earlier personal computer release could generate additional sales and extend player engagement. The broker maintains its forecast of $12 in earnings per share for the financial year 2028 and applies a 25 times earnings multiple to justifyfinancial year 2028 and applies a 25 times earnings multiple to support its $300 price target. The potential timing of the PC version is a further reason for optimism, with GamesBeat reporting that industry sources expect it to arrive in the first quarter of calendar year 2027. Jefferies cautions that the PC version has not been officially announced, but argues a release within months of the console launch would be significantly faster than previous Rockstar Games releases. Red Dead Redemption 2 arrived on PC about 12 months after its console debut, while Grand Theft Auto V took roughly 19 months to make the transition. An earlier PC release could also allow GTA VI's online mode to launch sooner, helping retain players after the initial excitement surrounding the console release begins to fade. Jefferies sees particular potential in bringing PC players into the online environment early, including communities built around roleplaying modifications that have helped sustain the popularity of Grand Theft Auto V. In a scenario where the PC version arrives during the fourth quarter of financial year 2027, Jefferies would cut its console sales forecast from 40 million units to 35 million. However, the broker would add 12 million PC units, lifting projected GTA VI bookings for financial year 2027 from $2.5 billion to $2.9 billion. The estimate includes revenue from premium editions, while Jefferies expects total bookings across the first 18 months to remain broadly unchanged or improve through an earlier contribution from the online mode. The broker's central argument is that Take-Two's current valuation reflects a relatively cautious launch outcome, leaving investors exposed to potential upside if GTA VI's broader commercial ecosystem develops faster than expected. |
|||
|
Saved
2026-10-14 16:59
10d ago
Published
2026-10-14 12:16
10d ago
|
A Blockbuster Video Game Release Could Reginite This Stock | FMP Stock News | |
|
Original source text
Key Takeaways TTWO shares could regain momentum following the upcoming release of a blockbuster video game, GTA 6.GTA 5 was a massive success, with its monetization continuing strongly for more than a decade. Annual earnings growth expectations remain solid, a reflection of the upcoming release.Take-Two Interactive (TTWO - Free Report) has a major catalyst approaching, with its highly anticipated Grand Theft Auto VI (GTA 6) scheduled for release on November 19th. The title has generated massive excitement among gamers, and the blockbuster success of its predecessor suggests the release could be a major growth driver. TTWO shares have struggled in 2026, but the upcoming release could easily reignite momentum. Image Source: Zacks Investment Research GTA 5's Massive SuccessGrand Theft Auto V, released more than a decade ago in 2013, was a huge success right out of the gate, generating more than $800 million in worldwide retail sales in its first 24 hours. The momentum continued, with sales surpassing the $1 billion mark in just three days. And the success has extended well beyond the initial release, with Take-Two recently reporting that GTA 5 has now sold nearly 230 million copies worldwide. The continued demand more than a decade after its initial launch helps underpin the franchise's strong staying power. Importantly, GTA Online has also been a major positive, allowing Take-Two to generate recurring revenue through in-game purchases and additional content long after the initial sale. GTA 6 Could Fuel Major GrowthThe upcoming release offers a massive opportunity for Take-Two, especially given the enormous installed fan base already built through GTA 5. Notably, the game is launching at $79.99, above the typical $59.99 price point seen when GTA 5 was initially released. And the company's outlook already reflects expectations for a big boost, with management forecasting $8.0-$8.2 billion in net bookings for its current FY27, up considerably from the $6.72 billion reported in FY26. At the midpoint, the outlook suggests roughly 20% growth, with GTA 6 expected to be a primary driver of the acceleration. Beyond the initial sales boost, the long-term opportunity also remains significant. GTA 5's continued success through GTA Online provides a strong blueprint for how Take-Two could monetize the new release for years, potentially creating a much higher recurring revenue base. Our current consensus estimates for its FY27 and FY28 are reflective of a big growth acceleration relative to recent years, with earnings forecasted to climb 71% in its current FY27 (ends in March) and an additional 40% in FY28. Image Source: Zacks Investment Research The valuation picture also isn’t overstretched given the potential growth catalyst, with shares currently trading at a 24.4X forward 12-month earnings multiple, well beneath the 37.3X five-year median. Bottom Line Take-Two Interactive (TTWO - Free Report) has a major catalyst approaching with GTA 6, and the success of its predecessor suggests a new period of fresh growth. GTA 5's nearly 230 million lifetime copies sold and its ability to generate revenue more than a decade after release reflect the franchise's massive appeal. The stock deserves a close eye given the upcoming release and weak price action so far in 2026. |
|||
|
Saved
2026-10-14 14:30
10d ago
Published
2026-10-14 08:55
10d ago
|
GTA VI Is 36 Days Away and Take-Two Stock Is Down Over 20% This Year. Here's What Wall Street Is Saying | FMP Stock News | |
|
Original source text
Take-Two Interactive Software Inc. (NASDAQ:TTWO) shares are in the spotlight, with recent analyst activity, anticipation for the Nov. 19 launch of Grand Theft Auto VI and earnings on the calendar all drawing attention.Take-Two shares are trending higher. What’s driving TTWO shares up? Wells Fargo Cuts Near-Term Estimates but Keeps Its $300 Target for Take-TwoIn a recent note, Wells Fargo kept an Overweight rating and a $300 price target on Take-Two while cutting its near-term numbers. It lowered its quarterly bookings estimate by 2% and its adjusted EBITDA estimate by 4%, citing weaker NBA 2K unit assumptions, softer recurrent consumer spending and pressure in mobile. Its adjusted EBITDA range of $876 million to $900 million sits below the consensus of $926 million, according to Investing.com. Shares fell about 4% Tuesday and are down more than 20% this year. The bullish case rests on GTA VI. Wells Fargo models about 50 million units at an average gross price of $90, well above the roughly 33 million units at $80 implied by Take-Two’s outlook, and it doesn’t expect any quantitative pre-order data before launch. Raymond James and BofA Stay Bullish as GTA VI Leak Concerns SurfaceRaymond James reiterated a Strong Buy rating and a $300 price target Wednesday, addressing concerns about the GTA VI launch after recent leaks of unreleased footage. The firm said it sees limited impact. The vast majority of players are casual and unlikely to ever see the leaks, it said, and console players aren’t affected because the issues are confined to the PC platform. BofA Securities reaffirmed a Buy rating and a $368 price target, the high end of the Street range, amid the same leak concerns. MarketBeat shows a Moderate Buy consensus from 21 analysts with an average target of about $299, in a range of $170 to $368. GTA VI Arrives Nov. 19, and Take-Two’s Fiscal 2027 Outlook Depends on ItGrand Theft Auto VI launches Nov. 19 on PlayStation 5 and Xbox Series X|S, after two prior delays, and pre-orders are live. Take-Two reiterated its fiscal 2027 net bookings outlook of $8.0 billion to $8.2 billion in August. CFO Lainie Goldstein said in May that this represents about 20% growth from fiscal 2026, driven mainly by the launch. That makes the strength of the rest of the portfolio the bridge to the release, which is why Wells Fargo’s NBA 2K and mobile concerns drew attention. Take-Two Reports Q2 Results Nov. 9, 10 Days Before LaunchTake-Two announced Tuesday that it will report second-quarter results after the market closes on Monday, Nov. 9, with a call at 4:30 p.m. ET. In its fiscal first quarter, net bookings fell 3% to $1.39 billion, above guidance, and net revenue was $1.53 billion. Investors will watch for any change to the $8.0 billion to $8.2 billion outlook and for commentary on NBA 2K and mobile. Read Next Take-Two Shares Edge HigherTTWO Price Action: At the time of publication, Take-Two shares are trading 1.19% higher at $202.71, according to data from Benzinga Pro. Image via Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
|||
|
Saved
2026-10-13 23:45
10d ago
Published
2026-10-13 18:43
11d ago
|
Elon Musk Agrees: GTA VI Could Be 'Swan Song for the Big Studio Era' | FMP Stock News | |
|
Original source text
Last week, Nikita Bier wanted an AI to build him his own “Grand Theft Auto.” Now he’s writing the franchise’s eulogy.Late Monday, Bier posted on X that “There’s something beautiful about the most expensive game of all time ($2B) being dropped the same month that AI models became capable of creating comparable experiences.” He closed with “The swan song for the Big Studio Era.” Elon Musk replied with one word: “Yeah.” The target is the business model at Take-Two Interactive Software Inc. (NASDAQ:TTWO), which launches “Grand Theft Auto VI” on Nov. 19. Shares closed down 4.07% at $200.32 Tuesday afternoon, per Benzinga Pro market data. The $2 Billion BetBier used the high end of the estimates. Axios has reported that the game cost $2 billion to develop. Fortune, citing industry analysts, put it between $1 billion and $1.5 billion. Take-Two declined to confirm a number, and CEO Strauss Zelnick would only say the game “was expensive." Take-Two spent roughly a decade building one game while AI tools shrink the time it takes to make one. Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Labs launched Playground last week, a no-code platform for making games with AI. Read Next Zelnick Isn’t Buying ItZelnick has been one of the industry’s loudest AI skeptics. “There is no creativity that can exist by definition in any AI model, because it is data-driven,” he said at a CNBC event last October. He added that AI output would be “pretty derivative.” AI-built games still have limits and most are remakes of existing titles because models rely on past footage, and hobbyists don’t have the resources to build anything as big as GTA VI. Developer Matt Shumer still expects small teams directing AI agents to eventually build games on that scale, Axios reported. Pre-Orders vs. PromptsSo far, demand looks fine. “The level of pre-orders is unprecedented and astonishing, but they are so unprecedented that we just don’t know how it’ll translate into sales,” Zelnick said in August, per Reuters. Newzoo estimated global pre-orders at $260 million, which points to as much as $4.5 billion in sales by launch week, according to CNBC. Take-Two still kept its fiscal 2027 bookings forecast at $8 billion to $8.2 billion, below the $8.86 billion analysts expected. The ChartTake-Two stock closed 2025 at $256.03. At $201.85, the stock is down about 21% this year and almost 22% below its July 6 closing high of $258.41. Most of the drop came in the past three months, with shares down about 17% from $244.10 in mid-July. The chart below shows the one-year performance of TTWO stock: TakeTwo’s slide has picked up into GTA’s November launch. The stock has lost about 7% in the past month and trades below both its 50-day moving average of $220.97 and its 200-day average of $223.14, per Benzinga Pro data. Tuesday’s volume shows the selling is real. More than 5.2 million shares changed hands in the session, more than double the average of about 2.4 million. The next support level is the March 27 closing low of $189.69, about 6% below the current price. The 52-week intraday low is $187.63. TTWO Stock Price Activity: Take-Two Interactive shares closed down 4.07% at $200.32 on Tuesday, according to Benzinga Pro. Read Next Photo: Miguel Lagoa / Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. |
|||
|
Saved
2026-10-13 18:48
11d ago
Published
2026-10-13 13:55
11d ago
|
Take-Two Interactive Slides 5% as Wells Fargo Trims Estimates Behind $300 Target; Roblox Holds Flat, GameStop Barely Budges | FMP Stock News | |
|
Original source text
Take-Two Interactive Software (NASDAQ:TTWO | TTWO Price Prediction) stock is at $197.72, down 5% midday and off 23% year to date. |
|||
|
Saved
2026-10-13 13:44
11d ago
Published
2026-10-13 08:00
11d ago
|
Take-Two Interactive Software, Inc. to Report Second Quarter Fiscal Year 2027 Results on Monday, November 9, 2026 | FMP Stock News | |
|
Original source text
NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it plans to report financial results for its second quarter of fiscal year 2027, ended September 30, 2026, after the market close on Monday, November 9, 2026. The Company plans to hold a conference call to discuss its results at 4:30 p.m. Eastern Time, which can be accessed by dialing (833) 461-5787 (Meeting ID: 112-490-011). A live, listen-only webcast and a replay of the call will be available a. |
|||
|
Saved
2026-10-12 13:09
12d ago
Published
2026-10-12 06:55
12d ago
|
Wall Street Breakfast Podcast: GTA 6 Threat Sends Token Up | FMP Stock News | |
|
Original source text
Take-Two Interactive (TTWO) faces a potential GTA 6 leak threat tied to the CYBERLEEK memecoin, but the claim remains unverified. AMZN is reportedly negotiating a $7B acquisition of AI startup Decart AI, highlighting intensifying competition and high valuations in the AI sector. |
|||
|
Saved
2026-10-10 09:40
14d ago
Published
2026-10-10 03:07
14d ago
|
Is Now a Good Time to Buy Take-Two Stock? | FMP Stock News | |
|
Original source text
Shares of Take-Two Interactive (TTWO +1.94%) are down 21% over the past year, as of Oct. 7. That dip could be a timely opportunity to buy ahead of the highly anticipated release of Grand Theft Auto VI in November, but there's also a good reason to wait.Take-Two posted nearly $1.4 billion in net bookings (an adjusted measure of revenue) for the fiscal first quarter ending in June, down 3% year over year, but above company guidance that called for $1.37 billion at the high end. NBA 2K and the existing Grand Theft Auto catalog, among other titles, were the biggest contributors to bookings in the quarter. Image source: Getty Images. Management's guidance for the full fiscal 2027 year, which ends in March, calls for another record year, with bookings expected to reach $8 billion to $8.2 billion. That represents 20% year-over-year growth at the midpoint versus fiscal 2026. During the fiscal Q1 earnings call in August, CEO Strauss Zelnick called preorders for Grand Theft Auto VI "exceptional." Premium Feature Moneyball Superscore 76/100 Today's Change ( 1.94 %) $ 4.07 Current Price $ 213.44 There are risks. Zelnick noted that preorders can always be canceled. Investors can never know for certain how a new release will translate into sales. There's also the risk that the game fails to meet lofty expectations. The current installment has sold more than 230 million units since 2013, setting a high bar for the new version. Take-Two stock already prices in strong sales expectations, trading at a forward price-to-earnings multiple of 29. At this valuation, a long-term investor might want to wait until after the game releases on Nov. 19 to see how well it's received before buying shares. John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Take-Two Interactive Software. The Motley Fool has a disclosure policy. |
|||
|
Saved
2026-10-09 06:34
15d ago
Published
2026-10-08 09:00
16d ago
|
Words With Friends Expands Its Dictionary with 25,000 New Words to Herald the Next Era of Word Games | FMP Stock News | |
|
Original source text
SAN MATEO, Calif.--(BUSINESS WIRE)--Zynga Inc., a wholly-owned publishing label of Take-Two Interactive (NASDAQ: TTWO) and a global leader in interactive entertainment, announced today that its fan-favorite mobile game, Words With Friends, is rolling out a major dictionary upgrade. Players can now explore a revamped lexicon featuring over 25,000 newly playable words, modernized definitions, and a brand-new word-reporting tool that gives the community a direct role in shaping the game's official. |
|||
|
Saved
2026-10-08 23:13
16d ago
Published
2026-10-08 18:50
16d ago
|
Why the Market Dipped But Take-Two Interactive (TTWO) Gained Today | FMP Stock News | |
|
Original source text
In the latest trading session, Take-Two Interactive (TTWO - Free Report) closed at $209.37, marking a +2.63% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.47%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 1.25%.Prior to today's trading, shares of the publisher of "Grand Theft Auto" and other video games had lost 3.38% lagged the Consumer Discretionary sector's loss of 2.96% and the S&P 500's gain of 1.15%. The investment community will be paying close attention to the earnings performance of Take-Two Interactive in its upcoming release. It is anticipated that the company will report an EPS of $0.83, marking a 43.15% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.66 billion, indicating a 15.42% downward movement from the same quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.04 per share and revenue of $8.53 billion, indicating changes of +71.71% and +26.97%, respectively, compared to the previous year. It's also important for investors to be aware of any recent modifications to analyst estimates for Take-Two Interactive. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Take-Two Interactive possesses 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 28.98 right now. Its industry sports an average Forward P/E of 15.45, so one might conclude that Take-Two Interactive is trading at a premium comparatively. Meanwhile, TTWO's PEG ratio is currently 1.06. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Gaming industry had an average PEG ratio of 1.06 as trading concluded yesterday. The Gaming industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 44% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow TTWO in the coming trading sessions, be sure to utilize Zacks.com. |
|||
|
Saved
2026-10-08 15:44
16d ago
Published
2026-10-08 10:30
16d ago
|
Is It Worth Investing in Take-Two (TTWO) Based on Wall Street's Bullish Views? | FMP Stock News | |
|
Original source text
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Take-Two Interactive (TTWO - Free Report) . Take-Two currently has an average brokerage recommendation (ABR) of 1.14, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 29 brokerage firms. An ABR of 1.14 approximates between Strong Buy and Buy. Of the 29 recommendations that derive the current ABR, 26 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 89.7% and 6.9% of all recommendations. Brokerage Recommendation Trends for TTWO Check price target & stock forecast for Take-Two here>>> The ABR suggests buying Take-Two, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. Is TTWO Worth Investing In?In terms of earnings estimate revisions for Take-Two, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $7.04. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Take-Two. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Take-Two. |
|||
|
Saved
2026-10-07 07:51
17d ago
Published
2026-10-07 02:15
17d ago
|
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages | FMP Stock News | |
|
Original source text
Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $298.89.TTWO has been the topic of a number of recent analyst reports. Oppenheimer restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, September 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price objective for the company. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Robert W. Baird upped their target price on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Check Out Our Latest Research Report on Take-Two Interactive Software Take-Two Interactive Software Stock Performance Shares of NASDAQ TTWO opened at $202.53 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $224.16 and a 200 day moving average price of $223.64. The stock has a market capitalization of $37.87 billion, a PE ratio of -117.07, a price-to-earnings-growth ratio of 1.42 and a beta of 0.97. Take-Two Interactive Software has a 52 week low of $187.63 and a 52 week high of $265.94. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the firm earned ($0.07) EPS. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Analysts predict that Take-Two Interactive Software will post 5.25 earnings per share for the current fiscal year. Insider Buying and Selling In other Take-Two Interactive Software news, Director Michael Sheresky sold 484 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $203.69, for a total transaction of $98,585.96. Following the completion of the sale, the director owned 66,010 shares of the company’s stock, valued at $13,445,576.90. This trade represents a 0.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 744 shares of Take-Two Interactive Software stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total transaction of $161,470.32. Following the transaction, the insider directly owned 112,327 shares of the company’s stock, valued at approximately $24,378,328.81. This trade represents a 0.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 53,302 shares of company stock valued at $12,863,216. Insiders own 1.12% of the company’s stock. Institutional Trading of Take-Two Interactive Software A number of hedge funds have recently modified their holdings of TTWO. Patriot Financial Group Insurance Agency LLC boosted its stake in Take-Two Interactive Software by 597.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock valued at $1,134,000 after purchasing an additional 4,920 shares during the period. Primecap Management Co. CA acquired a new position in Take-Two Interactive Software in the 2nd quarter valued at $23,480,000. Rockefeller Capital Management L.P. increased its position in Take-Two Interactive Software by 45.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock worth $11,489,000 after buying an additional 14,050 shares during the period. Corient Private Wealth LP increased its position in Take-Two Interactive Software by 22.4% during the 2nd quarter. Corient Private Wealth LP now owns 30,018 shares of the company’s stock worth $7,504,000 after buying an additional 5,484 shares during the period. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of Take-Two Interactive Software during the second quarter worth $37,090,000. Institutional investors and hedge funds own 95.46% of the company’s stock. Take-Two Interactive Software Company Profile (Get Free Report) Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world. Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles. See Also Five stocks we like better than Take-Two Interactive Software Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-10-06 02:27
18d ago
Published
2026-10-05 13:37
19d ago
|
Take-Two Interactive Software, Inc. $TTWO Stock Sold by Park National Corp OH | FMP Stock News | |
|
Original source text
Park National Corp OH lessened its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 6.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,236 shares of the company’s stock after selling 5,599 shares during the period. Park National Corp OH’s holdings in Take-Two Interactive Software were worth $16,856,000 as of its most recent SEC filing.A number of other hedge funds have also recently bought and sold shares of the company. Burkett Financial Services LLC acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at $28,000. QRG Capital Management Inc. lifted its position in Take-Two Interactive Software by 30.1% during the second quarter. QRG Capital Management Inc. now owns 26,050 shares of the company’s stock worth $6,512,000 after buying an additional 6,029 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in Take-Two Interactive Software by 24.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,634 shares of the company’s stock worth $1,658,000 after buying an additional 1,302 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Take-Two Interactive Software by 5.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 240,198 shares of the company’s stock valued at $60,045,000 after buying an additional 11,949 shares during the period. Finally, Silicon Valley Capital Partners acquired a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at about $25,000. Institutional investors and hedge funds own 95.46% of the company’s stock. Analysts Set New Price Targets Several equities research analysts recently issued reports on TTWO shares. Raymond James Financial set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, August 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Bank of America boosted their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $298.89. Read Our Latest Stock Analysis on TTWO Shares of TTWO traded down $0.79 during mid-day trading on Monday, reaching $201.94. 741,449 shares of the stock traded hands, compared to its average volume of 2,324,078. The stock has a fifty day simple moving average of $225.87 and a 200 day simple moving average of $223.67. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The firm has a market cap of $37.76 billion, a price-to-earnings ratio of -116.75, a P/E/G ratio of 1.41 and a beta of 0.97. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the firm earned ($0.07) EPS. The business’s quarterly revenue was down 2.1% on a year-over-year basis. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current fiscal year. Insider Activity at Take-Two Interactive Software In other Take-Two Interactive Software news, Director LaVerne Srinivasan sold 362 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $88,693.62. Following the transaction, the director directly owned 8,357 shares in the company, valued at $2,047,548.57. This represents a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ellen F. Siminoff sold 334 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $219.53, for a total transaction of $73,323.02. Following the completion of the sale, the director owned 1,499 shares in the company, valued at approximately $329,075.47. This trade represents a 18.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 52,818 shares of company stock worth $12,764,630. 1.12% of the stock is currently owned by insiders. Take-Two Interactive Software Profile (Free Report) Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world. Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles. See Also Five stocks we like better than Take-Two Interactive Software A Manufacturing Surprise Could Be a Big Win for These 2 Companies What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks Insiders Are Selling These 3 Stocks, Should You? Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-10-01 00:04
23d ago
Published
2026-09-30 18:50
24d ago
|
Take-Two Interactive (TTWO) Ascends While Market Falls: Some Facts to Note | FMP Stock News | |
|
Original source text
In the latest trading session, Take-Two Interactive (TTWO - Free Report) closed at $207.50, marking a +2.33% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.25%. Elsewhere, the Dow lost 0.86%, while the tech-heavy Nasdaq added 0.24%.Heading into today, shares of the publisher of "Grand Theft Auto" and other video games had lost 6.42% over the past month, outpacing the Consumer Discretionary sector's loss of 8.16% and lagging the S&P 500's loss of 0.42%. Investors will be eagerly watching for the performance of Take-Two Interactive in its upcoming earnings disclosure. In that report, analysts expect Take-Two Interactive to post earnings of $0.83 per share. This would mark a year-over-year decline of 43.15%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.66 billion, down 15.42% from the year-ago period. For the full year, the Zacks Consensus Estimates are projecting earnings of $7.04 per share and revenue of $8.53 billion, which would represent changes of +71.71% and +26.97%, respectively, from the prior year. It's also important for investors to be aware of any recent modifications to analyst estimates for Take-Two Interactive. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.62% lower. As of now, Take-Two Interactive holds a Zacks Rank of #3 (Hold). From a valuation perspective, Take-Two Interactive is currently exchanging hands at a Forward P/E ratio of 28.8. This represents a premium compared to its industry average Forward P/E of 15.22. Meanwhile, TTWO's PEG ratio is currently 1.05. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Gaming industry had an average PEG ratio of 1.05. The Gaming industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 172, finds itself in the bottom 31% echelons of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. |
|||
|
Saved
2026-09-24 16:24
1mo ago
Published
2026-09-24 11:15
1mo ago
|
2 Stocks Down 17% and 34% to Buy Now and Hold for the Next Decade | FMP Stock News | |
|
Original source text
Dutch Bros (BROS -0.65%) and Take-Two Interactive (TTWO -0.19%) have both pulled back recently, even as their businesses continue to grow. As of Sept. 21, Dutch Bros is down 34% over the past 12-month period, while Take-Two is down about 17%. That disconnect looks like a compelling buying opportunity, with clear catalysts still ahead.Image source: Getty Images. Dutch Bros Dutch Bros shares have sold off even after the company beat revenue and earnings estimates in the second quarter. Even with higher coffee costs pressuring near-term results, management raised its full-year guidance for revenue, same-shop sales, and adjusted EBITDA. In Q2, revenue jumped 32% year over year to $551 million. Company-operated same-shop sales rose 8.3% from the year-ago quarter, and systemwide comp sales increased 5.8%. That was the company's 13th straight quarter of same-shop sales growth. A key driver is the new food program, which is pulling more customers into morning visits and supporting higher repeat traffic and loyalty. Management now expects 2026 revenue of $2.1 billion to $2.13 billion, up 28% from 2025's $1.6 billion. Premium Feature Moneyball Superscore 77/100 Today's Change ( -0.65 %) $ -0.25 Current Price $ 38.18 The company also remains on track to reach 2,029 locations by 2029. With the stock trading at a reasonable forward price-to-sales multiple of 2.5x, investors could outperform with this high-growth restaurant stock over the next decade. Take-Two Interactive Take-Two also beat revenue and earnings estimates in the most recent quarter, yet the stock remains below its highs. That dip is an opportunity ahead of the Nov. 19, 2026 release of Grand Theft Auto VI -- one of the most highly anticipated video game launches in a long time. The business is heading into the release from a position of strength. Grand Theft Auto V has sold over 230 million units worldwide since 2013. CEO Strauss Zelnick said pre-orders for the new version, coming in November, have been "unprecedented and astonishing." While pre-orders can be canceled, the early demand suggests the launch is on track to meet the high sales expectations. However, the real value creation from this release will come over several years from future content updates. Recurrent consumer spending -- in-game purchases that unlock premium features -- continues to power Take-Two's business, representing 84% of net bookings last quarter. That kind of engagement across existing titles, including NBA 2K, sets the stage for Grand Theft Auto VI to extend the momentum. Premium Feature Moneyball Superscore 76/100 Today's Change ( -0.19 %) $ -0.40 Current Price $ 205.93 Take-Two's guidance calls for fiscal 2027 net bookings to reach approximately $8.1 billion, up from $6.7 billion in fiscal 2026 (ended in March). Analysts expect earnings to grow at an annualized rate of 27% over the next several years, while the shares trade at a reasonable forward price-to-earnings multiple of 30. |
|||
|
Saved
2026-09-22 00:39
1mo ago
Published
2026-09-21 18:51
1mo ago
|
Take-Two Interactive (TTWO) Outpaces Stock Market Gains: What You Should Know | FMP Stock News | |
|
Original source text
In the latest trading session, Take-Two Interactive (TTWO - Free Report) closed at $209.92, marking a +2.18% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.49%. Meanwhile, the Dow gained 0.71%, and the Nasdaq, a tech-heavy index, added 2.26%.The publisher of "Grand Theft Auto" and other video games's shares have seen a decrease of 14.26% over the last month, not keeping up with the Consumer Discretionary sector's loss of 7% and the S&P 500's gain of 0.1%. Analysts and investors alike will be keeping a close eye on the performance of Take-Two Interactive in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.83, indicating a 43.15% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.66 billion, reflecting a 15.42% fall from the equivalent quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.04 per share and revenue of $8.53 billion. These totals would mark changes of +71.71% and +26.97%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Take-Two Interactive. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 4.62% downward. Take-Two Interactive presently features a Zacks Rank of #3 (Hold). From a valuation perspective, Take-Two Interactive is currently exchanging hands at a Forward P/E ratio of 29.18. This represents a premium compared to its industry average Forward P/E of 16.05. Meanwhile, TTWO's PEG ratio is currently 1.07. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Gaming industry was having an average PEG ratio of 1.07. The Gaming industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 180, which puts it in the bottom 27% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. |
|||
|
Saved
2026-09-18 15:46
1mo ago
Published
2026-09-18 04:29
1mo ago
|
Corient Private Wealth LP Purchases 5,484 Shares of Take-Two Interactive Software, Inc. $TTWO | FMP Stock News | |
|
Original source text
Corient Private Wealth LP grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 22.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,018 shares of the company’s stock after purchasing an additional 5,484 shares during the quarter. Corient Private Wealth LP’s holdings in Take-Two Interactive Software were worth $7,504,000 as of its most recent SEC filing.Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Mayflower Financial Advisors LLC increased its holdings in Take-Two Interactive Software by 3.6% in the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock valued at $269,000 after purchasing an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its holdings in Take-Two Interactive Software by 5.7% during the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock worth $190,000 after buying an additional 52 shares during the period. Huntington National Bank grew its position in shares of Take-Two Interactive Software by 4.5% in the 4th quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after buying an additional 57 shares during the last quarter. Beacon Financial Advisory LLC grew its position in shares of Take-Two Interactive Software by 3.7% in the 2nd quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company’s stock valued at $424,000 after buying an additional 60 shares during the last quarter. Finally, Trust Asset Management LLC increased its stake in shares of Take-Two Interactive Software by 3.5% in the second quarter. Trust Asset Management LLC now owns 1,881 shares of the company’s stock valued at $470,000 after buying an additional 63 shares during the period. 95.46% of the stock is currently owned by institutional investors. Analysts Set New Price Targets TTWO has been the subject of a number of analyst reports. BTIG Research raised their price objective on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Zacks Research downgraded shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Finally, Wells Fargo & Company boosted their price target on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $296.95. Get Our Latest Research Report on TTWO Take-Two Interactive Software Stock Down 0.6% Shares of NASDAQ:TTWO opened at $210.62 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The business’s 50-day moving average is $233.15 and its 200-day moving average is $224.24. The company has a market capitalization of $39.38 billion, a price-to-earnings ratio of -121.74, a P/E/G ratio of 1.47 and a beta of 0.97. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.07) EPS. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current year. Insiders Place Their Bets In other news, insider Daniel P. Emerson sold 744 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total value of $161,470.32. Following the completion of the sale, the insider directly owned 112,327 shares in the company, valued at $24,378,328.81. This trade represents a 0.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director LaVerne Srinivasan sold 362 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the sale, the director owned 8,357 shares of the company’s stock, valued at approximately $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 43,652 shares of company stock valued at $10,947,380. 1.12% of the stock is currently owned by corporate insiders. (Free Report) Take-Two Interactive Software, Inc is a global developer, publisher and marketer of interactive entertainment. The company creates and distributes games for consoles, personal computers and mobile devices, as well as related downloadable content, subscriptions and in-game services. Take-Two operates through well-known labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and XCOM franchises, along with mobile and social games such as Zynga’s casual and social entertainment offerings. Founded in 1993 and headquartered in New York City, Take-Two serves customers worldwide through both physical retail channels and digital distribution platforms. Read More Five stocks we like better than Take-Two Interactive Software Aeluma’s Selloff Could Be Setting Up Its Next Big Move Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip? The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks The Fed’s Rate Hike Could Backfire If Oil Prices Collapse Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-09-18 08:26
1mo ago
Published
2026-09-18 03:02
1mo ago
|
Take-Two Reaffirms GTA VI Launch Date, Maps Global Strategy at Annual Meeting | FMP Stock News | |
|
Original source text
GTA VI's Console Problem Isn't Take-Two's ProblemTake-Two Interactive Software NASDAQ: TTWO held its annual stockholder meeting virtually, with shareholders asked to vote on four proposals including the election of 10 directors, executive compensation, an officer-liability amendment and the appointment of Ernst & Young LLP as auditor for fiscal 2027.Get TTWO alerts: The company said 186.98 million common shares were entitled to vote as of the July 23, 2026, record date. A quorum was present, according to Dan Emerson, Take-Two’s executive vice president and chief legal officer. The meeting concluded after polls closed, though vote results were not disclosed during the webcast. Shareholder Proposals Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of WarThe board nominated 10 directors to serve until Take-Two’s 2027 annual meeting: Chairman and CEO Strauss Zelnick, Michael Dornemann, Bing Gordon, Roland Hernandez, J. Moses, Michael Sheresky, Ellen Siminoff, LaVerne Srinivasan, Susan Tolson and Paul Viera. Stockholders also considered a non-binding advisory vote on compensation for the company’s named executive officers. Other proposals included approval of an amendment to Take-Two’s certificate of incorporation intended to limit liability for certain officers as permitted under Delaware law, and ratification of Ernst & Young as the company’s independent registered public accounting firm for the fiscal year ending March 31, 2027. GTA VI Set for November Release How the Memory Shortage Is Crushing the Gaming IndustryDuring a shareholder question-and-answer session following the formal meeting, Zelnick reiterated that Grand Theft Auto VI is scheduled to launch on Nov. 19. He described the release as a single-player title planned for Xbox and PlayStation 5. Zelnick said Take-Two will not anticipate recurrent consumer spending from the initial GTA VI launch because it is being introduced as a single-player experience. He contrasted that approach with the continued performance of GTA V Online, which he said remains a “robust business” that the company will continue to support. “GTA is a different kind of experience in that the single player experience can be very successful to say the least,” Zelnick said, noting that Grand Theft Auto V has sold more than 230 million units since its 2013 launch and has remained a top-five-selling title for 13 years. He said more specific GTA VI marketing information will come from Rockstar Games, Take-Two’s label behind the franchise. Zelnick said the company does not claim success ahead of a launch but is “cautiously optimistic” about the title. Global Marketing and PC Strategy Zelnick said GTA VI will initially be localized in 13 languages, including Spanish and Portuguese for Latin America and major European languages. Take-Two will tailor marketing activities by market, he said, supported by local offices and marketing partnerships. “All of our big titles tend to be global events,” Zelnick said. “We certainly want them to be global events.” Addressing a question about the cadence of PC releases, Zelnick said Take-Two’s general strategy is to launch on platforms where there is a meaningful audience, although that does not always occur. He said the PC platform is becoming increasingly important to the company over time. Management Performance and Outlook In response to a shareholder question about executive accountability and dependence on a limited number of major franchises, Zelnick said Take-Two’s board is “exceedingly diligent and rigorous” and would replace management if the team did not perform. He disputed the question’s characterization of the company’s record, pointing to changes since the current management team took over in March 2007. Zelnick said Take-Two had less than $1 billion in revenue at that time, had one major franchise in Grand Theft Auto, and was facing investigations and financial challenges. Since then, he said, the company has diversified, entered mobile gaming and launched more than 11 franchises that have each sold more than 5 million units with an individual release. He also said Take-Two is now the largest publicly traded pure-play interactive entertainment company by market capitalization. Zelnick said the company’s stock had appreciated about 1,200% from March 2007 through the date of the meeting, compared with 440% for the S&P 500 and 980% for the Nasdaq over that period. He added that Take-Two is guiding for fiscal-year revenue of between $8 billion and $8.2 billion, with significant free cash flow anticipated. About Take-Two Interactive Software (NASDAQ:TTWO)Take-Two Interactive Software, Inc is a global developer, publisher and marketer of interactive entertainment. The company creates and distributes games for consoles, personal computers and mobile devices, as well as related downloadable content, subscriptions and in-game services. Take-Two operates through well-known labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and XCOM franchises, along with mobile and social games such as Zynga's casual and social entertainment offerings. Founded in 1993 and headquartered in New York City, Take-Two serves customers worldwide through both physical retail channels and digital distribution platforms. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Take-Two Interactive Software Right Now?Before you consider Take-Two Interactive Software, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list. While Take-Two Interactive Software currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow. Get This Free Report Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. |
|||
|
Saved
2026-09-16 00:15
1mo ago
Published
2026-09-15 18:50
1mo ago
|
Take-Two Interactive (TTWO) Suffers a Larger Drop Than the General Market: Key Insights | FMP Stock News | |
|
Original source text
In the latest trading session, Take-Two Interactive (TTWO - Free Report) closed at $211.91, marking a -4.93% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.45% for the day. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.78%.The publisher of "Grand Theft Auto" and other video games's stock has dropped by 7.74% in the past month, falling short of the Consumer Discretionary sector's loss of 4.05% and the S&P 500's loss of 1.99%. Analysts and investors alike will be keeping a close eye on the performance of Take-Two Interactive in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.83, indicating a 43.15% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.66 billion, indicating a 15.42% decrease compared to the same quarter of the previous year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.04 per share and a revenue of $8.53 billion, representing changes of +71.71% and +26.97%, respectively, from the prior year. Investors should also take note of any recent adjustments to analyst estimates for Take-Two Interactive. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 4.62% lower. Currently, Take-Two Interactive is carrying a Zacks Rank of #3 (Hold). In terms of valuation, Take-Two Interactive is presently being traded at a Forward P/E ratio of 31.66. This represents a premium compared to its industry average Forward P/E of 17.48. We can also see that TTWO currently has a PEG ratio of 1.16. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Gaming industry was having an average PEG ratio of 1.16. The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 202, placing it within the bottom 18% of over 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. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. |
|||
|
Saved
2026-09-09 09:31
1mo ago
Published
2026-09-08 15:30
1mo ago
|
Take-Two CFO Sells 1,335 Company Shares as Grand Theft Auto 6 Nears Launch | FMP Stock News | |
|
Original source text
Lainie Goldstein, Chief Financial Officer of Take-Two Interactive Software, Inc. (TTWO -0.65%), sold 1,335 shares on September 2, 2026, according to a recent SEC Form 4 filing.Transaction summaryMetricValueTransaction value$291,000Shares sold1,335Post-transaction shares (directly held)~282,000Post-transaction value$60.96 millionTransaction value based on SEC Form 4 weighted average sale price ($217.65); post-transaction value based on September 2, 2026 market close ($216.14). Key questionsWhat prompted this disposition of common stock? The sale was a non-discretionary event initiated to satisfy tax withholding requirements upon the vesting of previously granted restricted stock units (RSUs), as established by a Rule 10b5-1 election.What is the scope of the officer's remaining equity exposure? Lainie Goldstein continues to hold ~282,000 shares directly, which include derivative securities in the form of unvested time and performance-based RSUs.How has the stock performed relative to the execution price? The transaction was executed at $217.65 per share, while the stock has delivered a -10% one-year total return as of the September 2, 2026 transaction date.What is the current market valuation of the officer's holdings? Based on the $214.69 market price as of the September 4, 2026 market close, the remaining direct position of 282,039 shares is valued at approximately $60.55 million.Company OverviewMetricValueShare Price (as of market close 2026-09-04)$214.69Market Capitalization$40.1 billionRevenue (TTM)$6.7 billionNet Income (TTM)-$320.4 millionCompany SnapshotTake-Two Interactive develops, publishes, and markets interactive entertainment experiences globally through its portfolio of labels including Rockstar Games, 2K, Private Division, and T2 Mobile Games, generating revenue primarily from premium game titles, digital distribution, and in-game monetization.The company operates a diversified business model centered on the development and publishing of high-quality interactive entertainment across console, PC, and mobile platforms, with revenue derived from game sales, subscription services, and recurring digital content.Take-Two serves a global consumer base spanning casual to hardcore gamers across multiple demographics, with particular strength in the action-adventure and sports gaming segments through its iconic franchises including Grand Theft Auto (GTA) and Red Dead Redemption.Take-Two Interactive is a global leader in interactive entertainment, leveraging a portfolio of premium gaming franchises and diversified distribution channels across console, PC, and mobile platforms. The company's competitive advantage derives from its development of culturally significant, narrative-driven titles and its established publishing infrastructure that enables efficient monetization across multiple revenue streams. Headquartered in New York, Take-Two maintains a strategic focus on creating immersive entertainment experiences that drive sustained engagement and recurring revenue generation. What this transaction means for investorsCFO Lainie Goldstein's Sept. 2 sale of Take-Two Interactive stock took place as the highly anticipated Grand Theft Auto 6 approaches its Nov. 19 launch date. As a result of the game's impending release, she sold for $217.65 per share, well above the 52-week low of $187.63 reached earlier in the year. That said, this disposition was non-discretionary and executed specifically to cover tax withholding obligations tied to the vesting of RSUs, rather than being a market-timed investment decision. An RSU is a form of compensation where a company grants an employee shares of stock at a future date. When that vesting date arrives, as was the case here, a "sell to cover" transaction occurs to pay the related taxes. Take-Two's share price is riding on a successful GTA 6 rollout, a game that was years in the making. Its predecessor, GTA 5, accounted for nearly 70% of sales when it was released in the company's 2014 fiscal year. Consequently, Take-Two anticipates revenue in its 2027 fiscal year, ending next March 31, will hit about $8 billion. That's nearly a 20% increase over the $6.7 billion made in fiscal 2026. Robert Izquierdo has positions in Take-Two Interactive Software. The Motley Fool has positions in and recommends Take-Two Interactive Software. The Motley Fool has a disclosure policy. |
|||
|
Saved
2026-09-08 11:16
1mo ago
Published
2026-09-08 03:51
1mo ago
|
Allianz Asset Management GmbH Has $90.98 Million Position in Take-Two Interactive Software, Inc. $TTWO | FMP Stock News | |
|
Original source text
Allianz Asset Management GmbH grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 527.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,970 shares of the company’s stock after buying an additional 305,952 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.19% of Take-Two Interactive Software worth $90,985,000 at the end of the most recent reporting period.Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mayflower Financial Advisors LLC increased its stake in Take-Two Interactive Software by 3.6% during the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after buying an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. grew its stake in shares of Take-Two Interactive Software by 5.7% in the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock worth $190,000 after acquiring an additional 52 shares in the last quarter. Huntington National Bank increased its position in shares of Take-Two Interactive Software by 4.5% during the fourth quarter. Huntington National Bank now owns 1,335 shares of the company’s stock worth $342,000 after acquiring an additional 57 shares during the period. UMB Bank n.a. raised its position in Take-Two Interactive Software by 12.4% in the 4th quarter. UMB Bank n.a. now owns 535 shares of the company’s stock valued at $137,000 after purchasing an additional 59 shares in the last quarter. Finally, Ballentine Partners LLC boosted its stake in shares of Take-Two Interactive Software by 6.0% in the 4th quarter. Ballentine Partners LLC now owns 1,063 shares of the company’s stock valued at $272,000 after buying an additional 60 shares during the period. 95.46% of the stock is owned by institutional investors. Analyst Ratings Changes Several brokerages have commented on TTWO. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. Piper Sandler reissued an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Roth Capital raised their price target on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Finally, DA Davidson reissued a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $296.95. Check Out Our Latest Stock Report on Take-Two Interactive Software Insider Activity at Take-Two Interactive Software In other Take-Two Interactive Software news, insider Daniel Emerson sold 4,421 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $215.00, for a total transaction of $950,515.00. Following the completion of the transaction, the insider owned 118,407 shares in the company, valued at approximately $25,457,505. This represents a 3.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 40,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $252.64, for a total transaction of $10,105,600.00. The SEC filing for this sale provides additional information. Insiders have sold 52,658 shares of company stock worth $12,948,552 in the last 90 days. Corporate insiders own 1.12% of the company’s stock. Take-Two Interactive Software Stock Performance Shares of TTWO stock opened at $214.69 on Tuesday. The stock’s 50-day moving average price is $239.35 and its 200 day moving average price is $223.66. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $265.94. The stock has a market capitalization of $40.14 billion, a PE ratio of -124.10, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter last year, the company earned ($0.07) EPS. Take-Two Interactive Software’s revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year. Take-Two Interactive Software Company Profile (Free Report) Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience. Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers. Featured Stories Five stocks we like better than Take-Two Interactive Software 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-09-05 13:58
1mo ago
Published
2026-09-05 09:45
1mo ago
|
GTA VI's Console Problem Isn't Take-Two's Problem | FMP Stock News | |
|
Original source text
Grand Theft Auto VI (GTA VI) finally has a release date. Take-Two Interactive NYSE: TTWO confirmed the Nov. 19 launch, and preorders are already open. The company's Q1 earnings report for its fiscal year 2027 (FY2027) confirmed that demand isn't in question.Take-Two Interactive Software Today TTWO Take-Two Interactive Software $214.69 +0.56 (+0.26%) As of 09/4/2026 04:00 PM Eastern $187.63▼ $265.94$296.95 Further confirmation came when Rockstar's "Extended Look" preview pulled in 31.1 million views on Netflix NASDAQ: NFLX, topping the platform's English-language film chart. That's proof of a loyal audience that's been waiting for over a decade. Get TTWO alerts: But investors still have to consider questions concerning demand and supply. On the demand side, will players actually buy new hardware for this game? On the supply side, can Sony NYSE: SONY and Microsoft NASDAQ: MSFT even meet that demand if they do? Neither question threatens Take-Two directly. Both threaten the console makers whose price tags keep climbing. GTA VI Demand Is Strong Despite Rising Console PricesThe consumer hesitation story feels thin. First, it's important to separate the lock from the key. In this case, both the game and the hardware it runs on are expensive, but it's a relative term. GTA VI will be the first game to test consumers' appetite for a download that will cost $80. (Remember, there will be no physical disk for this launch.) But when positioned beside an audience that's been starving for this update, Take-Two is likely to shatter its numbers. That sentiment is shared by analysts who see this as being the biggest launch gaming has ever seen. Some analysts are projecting more than 45 million units sold at launch. The console side is another question altogether, with both Sony and Microsoft raising their prices on the PlayStation 5 (PS5) and the Xbox, respectively. Nevertheless, families have bought consoles around big titles in every generation. That means a $650 PS5 or an $800 Xbox Series X is an expensive, but plausible, holiday gift. Particularly for consumers on the upper leg of the K-shaped economy. The real constraint isn't willingness to pay. It's whether Sony and Microsoft can keep consoles in stock through the holiday rush. That's a supply chain problem, not a demand problem, but it's one where Take-Two has no exposure either way. Take-Two Stock Fell Despite Strong GTA VI DemandSince the launch date was revealed, TTWO dropped sharply. Shares fell as much as 7% in a single session amid speculation about a delay and leaked footage, even though Rockstar reaffirmed its Nov. 19 release date. Investors read the Netflix reveal as fully priced in, then some. The stock has since traded below both its 50- and 200-day moving averages. That's notable because TTWO's chart had been flashing a golden cross, with the 50-day simple moving average sitting above the 200-day. That's typically a bullish technical signal. The latest pullback to around $215 pushed the share price below both lines, raising the question of whether that cross was a false signal rather than the start of a real uptrend. Technicals aside, the fundamental story hasn't changed. Rockstar executive Rob Nelson reaffirmed the development timeline in a late-August interview, and analysts at Jefferies and Bank of America both said the leaked clips had little real impact on demand. The sell-off looks more like nerves than a change in the underlying thesis. Wall Street Still Sees Upside for TTWO StockAnalyst sentiment hasn't budged. Twenty of the 22 analysts tracked by MarketBeat rate TTWO a Buy, with an average price target near $297, implying roughly 37% upside from recent levels. Retail investors appear to be following suit, treating the pullback as an entry point rather than a warning sign. The gap between price action and analyst conviction is the setup. Nothing about the underlying GTA VI catalyst has changed. Net bookings guidance for fiscal 2027 still calls for roughly 20% growth, driven almost entirely by the November launch. The stock is simply catching up to expectations that had run ahead of themselves after the Netflix reveal. Sony and Microsoft Face the Real GTA VI Console RiskThis is where the console pricing story matters. Sony and Microsoft absorb the cost, and the backlash, of getting hardware into homes. Sony's repeated price hikes and its push toward a digital-only future have drawn real consumer frustration. Microsoft's $800 Xbox Series X is a tough sell on its own merits, GTA VI or not. Take-Two doesn't carry that risk. Whether a player buys a new PS5, a new Xbox, or plays on a console they already own, Take-Two gets paid the same way. The publisher doesn't need console upgrade cycles to succeed. It just needs the installed base, current and new, to keep buying software. With more current-gen consoles in homes than GTA V had at its debut, that base is already large and growing. Why GTA VI Makes Take-Two the Cleaner Gaming TradeThe recent drop looks like a sentiment reset, not a thesis break. Analyst price targets, none of which have moved, still imply meaningful upside from current levels. The golden cross may prove premature, but the fundamental catalyst, a record-setting launch with genuine, demonstrated demand, remains intact. Take-Two Interactive Software, Inc. (TTWO) Price Chart for Saturday, September, 5, 2026 Investors weighing this trade should watch two dates closely: Rockstar's expected online-mode announcement around October, and the Nov. 19 launch itself. Both carry the potential to reignite the stock, provided the pullback holds above recent lows. Bottom line: TTWO remains the cleaner way to play GTA VI's launch. Console makers face pricing backlash and holiday supply risk. Take-Two collects regardless of which box ends up under the tree. Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Take-Two Interactive Software Right Now?Before you consider Take-Two Interactive Software, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list. While Take-Two Interactive Software currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates. Get This Free Report |
|||
|
Saved
2026-09-04 18:33
1mo ago
Published
2026-09-04 10:00
1mo ago
|
Ball Over Everything in NBA® 2K27 Now Available Worldwide | FMP Stock News | |
|
Original source text
Today, 2K announced that NBAÂ 2K27, the latest iteration of the NBA video game franchise developed by Visual Concepts and published by 2K, is now available wor |
|||
|
Saved
2026-09-02 12:53
1mo ago
Published
2026-09-02 08:37
1mo ago
|
$1,000 invested in Take-Two Interactive stock at GTA 6 gameplay reveal is now worth | FMP Stock News | |
|
Original source text
Despite the long-standing hype and high viewership drawn by the Grand Theft Auto 6 (GTA6) extended look on August 27, Take-Two Interactive (NASDAQ: TTWO) stock investors have yet to see much gain from the video game’s popularity.Specifically, TTWO shares met the gameplay reveal at about $233 and rallied to $235.39 one day later, but have collapsed 7% since and closed at $216.68 on Tuesday, September 1. The Wednesday pre-market brought little change, and the equity slid another 0.31% overnight to its press time price of $216. Given the Take-Two Interactive stock price performance, investors who wanted to take advantage of the gaming publisher’s marketing move and put $1,000 in TTWO shares ahead of the reveal would have lost $72.96. Even worse, those encouraged by the initial upsurge, thus purchasing at $235.39 on August 28, would have seen their position diminish to $917.63 by the morning of September 2, thus losing $82.37. TTWO stock price one-month chart with trading since the extended look highlighted. Source: Google Is Take-Two Interactive stock a good investment ahead of GTA 6 launch? Meanwhile, the benefits of investing in Take-Two Interactive shares appear uncertain despite the success of GTA 6 appearing, by press time, guaranteed. Indeed, reports from September 1 indicate that the extended look at the upcoming installment of the popular Grand Theft Auto franchise exceeded 31 million within just four days. Additionally, despite the initial reaction being generally positive but also featuring occasional signs of skepticism or disappointment, the online discourse moved more firmly into optimism and satisfaction in the following days. The financial side also appears positive, with pre-orders allegedly exceeding 4 million by late August despite GTA 6 being scheduled for release on November 19. Considering that, over the years, ordering ahead of the launch, and especially before the review embargoes are lifted became controversial due to bad practices rampant in the industry, the number of buyers showcases gamers’ confidence in the product. Still, TTWO stock has been performing rather poorly in the last year and is 10% in the red on the 12-month chart, raising the possibility that – despite how the equity performed in the wake of previous GTA releases – investors banking on the newest installment might find themselves disappointed. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
|||
|
Saved
2026-09-01 14:59
1mo ago
Published
2026-09-01 04:20
1mo ago
|
2,311 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by Beacon Pointe Advisors LLC | FMP Stock News | |
|
Original source text
Beacon Pointe Advisors LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,311 shares of the company’s stock, valued at approximately $578,000.A number of other institutional investors and hedge funds also recently bought and sold shares of TTWO. Mayflower Financial Advisors LLC boosted its position in Take-Two Interactive Software by 3.6% in the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock valued at $269,000 after buying an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. raised its stake in shares of Take-Two Interactive Software by 5.7% in the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock valued at $190,000 after acquiring an additional 52 shares in the last quarter. Huntington National Bank raised its stake in shares of Take-Two Interactive Software by 4.5% in the fourth quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after acquiring an additional 57 shares in the last quarter. UMB Bank n.a. boosted its holdings in Take-Two Interactive Software by 12.4% in the fourth quarter. UMB Bank n.a. now owns 535 shares of the company’s stock valued at $137,000 after purchasing an additional 59 shares during the period. Finally, Ballentine Partners LLC boosted its holdings in Take-Two Interactive Software by 6.0% in the fourth quarter. Ballentine Partners LLC now owns 1,063 shares of the company’s stock valued at $272,000 after purchasing an additional 60 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors. Insider Buying and Selling at Take-Two Interactive Software In related news, Director Laverne Evans Srinivasan sold 362 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the transaction, the director owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This trade represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jon J. Moses sold 500 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the transaction, the director owned 21,868 shares in the company, valued at $5,349,131.48. This trade represents a 2.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 101,346 shares of company stock valued at $23,450,007. Corporate insiders own 1.12% of the company’s stock. Take-Two Interactive Software Stock Down 6.7% TTWO opened at $219.70 on Tuesday. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $41.08 billion, a P/E ratio of -126.99, a price-to-earnings-growth ratio of 1.56 and a beta of 0.97. The business’s 50-day simple moving average is $241.88 and its 200-day simple moving average is $222.95. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter last year, the company earned ($0.07) EPS. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year. Take-Two Interactive Software News Roundup Here are the key news stories impacting Take-Two Interactive Software this week: Positive Sentiment: Analysts remain broadly bullish, with recent Buy and Overweight ratings and a median price target of $291, well above the recent trading range. Take-Two Falls as GTA VI Leak Overhang Appears to Pressure Sentiment Positive Sentiment: Take-Two was highlighted as a “Final Trade” on CNBC’s Halftime Report, while commentary continues to point to the company’s long-term opportunity from its major gaming franchises. CNBC Final Trades Neutral Sentiment: Recent coverage focused on potential demand for GTA VI Ultimate Edition preorders, suggesting strong consumer interest but providing no confirmed sales data. What Is Take-Two Seeing in GTA VI Ultimate Edition Preorders? Negative Sentiment: Renewed gameplay leaks have raised concerns that unauthorized footage could disrupt Rockstar Games’ carefully managed marketing campaign or dampen enthusiasm before launch. Because TTWO’s valuation reflects substantial success from GTA VI, even minor uncertainty can trigger profit-taking. Take-Two Stock Drops Amid GTA 6 Leaks Negative Sentiment: Quiver Quantitative reported 67 insider sales and no insider purchases during the past six months, which may add to selling pressure, although such transactions do not necessarily reflect management’s outlook. Analysts Set New Price Targets Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. assumed coverage on Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price target on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. UBS Group reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Finally, Oppenheimer increased their price objective on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $296.95. Read Our Latest Research Report on TTWO Take-Two Interactive Software Company Profile (Free Report) Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience. Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers. Read More Five stocks we like better than Take-Two Interactive Software Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Insiders Are Betting Big on These 3 Healthcare Stocks 3 Stocks for Investors Who Still Believe Cash Is King Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-09-01 14:59
1mo ago
Published
2026-09-01 10:47
1mo ago
|
Roblox Falls 3% as Cathie Wood's ARK Keeps Selling, Take-Two Interactive Barely Budges | FMP Stock News | |
|
Original source text
Cathie Wood keeps trimming Roblox while pivoting ARK's capital toward a surprising corner of the energy market, and the pressure on RBLX stock is compounding from a direction most investors are not watching.Roblox stock is falling harder than its sector fund and its top gaming peer this Tuesday morning, on a session with no company news to explain the underperformance. The identifiable pressure comes from continued selling by Cathie Wood’s ARK Invest, without any overnight announcement from Roblox (NYSE:RBLX | RBLX Price Prediction) itself. The rotation detail is the story: ARK sold Roblox on the same day it bought a nuclear supplier. In morning trading, Roblox stock declined 3% to $39.92, extending a punishing stretch that leaves shares down 49% year to date through Monday’s close. Take-Two Interactive (NASDAQ:TTWO) stock, by contrast, retreated 0.9% to $217.66, barely moving on the session. However, RBLX stock did recover some of Tuesday morning’s losses by 11:00 a.m. ET. VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) declilned 0.6% to $96.80. Invesco QQQ Trust (NASDAQ:QQQ) fell 0.93% to $710.11. Roblox stock is falling several times harder than either its own sector fund or the large-cap technology benchmark, which frames the move as a name-specific unwind rather than a gaming sector event. ARK Rotates Out of Consumer Platforms, Into Nuclear Power Reportedly, ARK Invest sold roughly $6.5 million of Roblox stock on August 20 and bought roughly $7.6 million of BWX Technologies across three of its funds on the same day. The outlet characterized the firm as continuing to divest Roblox. BWX Technologies (NYSE:BWXT) manufactures nuclear reactors and fuel for defense applications and components for commercial nuclear plants. The company is now making microreactors that could power AI data centers, so the trade reads as capital moving out of consumer platform growth and toward AI-adjacent power (we picked five stocks positioned for the nuclear restart, utilities and fuel included, in a free report). That is the type of rotation ARK has favored during 2026. ARK’s daily trade files have shown recurring Roblox sales through August, so today’s price action on Roblox reflects an ongoing trim rather than a single-day event. The offsetting purchase in BWX Technologies lines up with a broader pattern where ARK has redirected capital toward power and infrastructure names positioned to benefit from AI data center buildouts. A global bond selloff that has lifted the 10-year Treasury note yield to 4.8% only compounds the pressure on unprofitable growth names like Roblox. Duration-sensitive names typically carry the most exposure to rising discount rates, and that macro backdrop helps explain why the ARK trim is landing so hard on Roblox stock today. Growth Rate and Year-to-Date Slide Point Opposite Directions The tension for Roblox investors sits between two data points that pull in opposite directions. Roblox’s second-quarter 2026 revenue rose 43% year over year to more than second-quarter 2026 revenue rose 43% year over year to more than $1.4 billion.4 billion, and trailing twelve-month revenue reached $5.7 billion. Growth at that scale is unusual for a name trading this far off its highs. Roblox’s operating performance has held up even as the stock has slid. Daily active users reached 123 million in Q2, up 10% year over year, and free cash flow grew 66% to $294 million. Cash generation like that is atypical for a company still posting large GAAP losses. Yet, Roblox posted a trailing 12-month net loss of $1 billion billion. Roblox stock carries no P/E ratio because the company is unprofitable, and its price-to-sales ratio has fallen below 5. Analyst consensus price target on Roblox stock still sits at $48.32, above the current quote. A separate SEC Form 4 filing showed Chief People and Systems Officer Sean Jack Buckley sold 4,321 shares on August 24 at a weighted average price of $38.68, worth $167,13667,136. The sale was executed under a Rule 10b5-1 trading plan adopted on November 3, 2025, and Buckley retains 87,213 shares directly. That’s a routine, pre-scheduled disposition of a small portion of his holding. What to Watch Next Take-Two Interactive has its own catalyst wall approaching that Roblox doesn’t have this quarter. NBA 2K27 launches on September 4, and Grand Theft Auto VI is scheduled for November 19, the single largest scheduled catalyst in gaming this year. Take-Two shares had drifted 10% lower over the past month, so today’s flat move on Take-Two Interactive looks more like stabilization than a rally. Investors could look for signs that ARK’s next daily trade file slows or continues the Roblox trim. Traders may want to keep an eye on whether the $40 level, briefly lost this morning, is reclaimed by Roblox stock into the close. Position sizing on Roblox should reflect that the stock now trades as a duration-sensitive growth name with an active institutional seller layered on top, so keeping any add on the smaller side makes sense until the ARK flow settles. The fundamental growth story at Roblox remains intact at 43% revenue growth, and price action is likely to stay choppy while this rotation runs. Contact [email protected] for any questions or corrections. |
|||
|
Saved
2026-09-01 12:34
1mo ago
Published
2026-09-01 08:00
1mo ago
|
Zynga Poker Taps Keegan-Michael Key To Bring Out Your ‘Inner Winner' | FMP Stock News | |
|
Original source text
-Emmy-winner headlines new series of spots directed by Jody Hill; will debut as official in-game host for new ‘Poker Dash’ feature coming soon SAN MATEO, Calif.--(BUSINESS WIRE)--Zynga Inc., a wholly-owned publishing label of Take-Two Interactive (NASDAQ: TTWO) and a global leader in interactive entertainment, today announced that Zynga Poker, one of the largest free-to-play mobile poker games, has tapped famed actor Keegan-Michael Key to be your ‘Inner Winner’, the confident voice inside your head telling you to grab life by the chips and go all in. Fronting the new multi-channel campaign as your ‘Inner Winner’, Key brings his signature energy to tap into the same competitive spirit that draws millions of players to Zynga Poker daily. With a growing roster of game modes, Zynga Poker gets players straight into action against real people, zero bots, bringing the thrill of the poker table wherever they play. Key will also debut as in-game host of Poker Dash, a new fast-paced feature coming soon. Directed by Jody Hill from Caviar, the new spots bring together two comedy heavyweights, pairing Hill’s sharp-witted storytelling with Key’s unmistakable comedic energy. As the ultimate hype man, Key pops up when you least expect him, proving that any moment, no matter how mundane, can be leveled up when you listen to your ‘Inner Winner’ and make your next big move at the poker table. Click to watch on YouTube. “We’ve all got that little voice in our heads telling us to trust our instincts, mine can sometimes be a little more energetic than most,” said Keegan-Michael Key. “Getting to play everyone’s ‘Inner Winner’ was an absolute blast, and I love that players will hear me cheering them on, both when they’re watching the campaign, and when they’re playing Zynga Poker.” “Poker is all about that moment of truth: trust your instincts, make your move, and play to win,” said Yaron Leyvand, Executive Vice President, Mobile Games, Zynga. “That’s the spirit behind our ‘Inner Winner’ campaign. Keegan-Michael Key brings that inner voice to life with exactly the energy and personality we envisioned, and we’re excited to give players a campaign that celebrates that voice and reminds us all to embrace our ‘Inner Winner’.” Players can catch Keegan-Michael Key in-game now and get ready to channel their ‘Inner Winner’ in Poker Dash, coming soon. Download Zynga Poker for free on the App Store, Google Play, and ZyngaPoker.com. To watch the campaign spots, follow Zynga Poker on Instagram, Facebook, and YouTube. For supporting assets, click HERE. Zynga is a wholly-owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) About Zynga, Inc. Zynga is a global leader in interactive entertainment with a mission to connect the world through games and a wholly-owned subsidiary of Take-Two Interactive Software, Inc. (NASDAQ: TTWO). With massive global reach in more than 175 countries and regions, the combined diverse portfolio of popular game franchises has been downloaded more than 10 billion times on mobile, including Color Block Jam, CSR2™, Empires & Puzzles™, Game of Thrones: Legends™, Game of Thrones Slots Casino™, Golf Rival™, Harry Potter: Puzzles & Spells™, Hit it Rich! Casino™, Match Factory!™, Merge Dragons!™, Toon Blast™, Toy Blast™, Wizard of Oz Slots Casino™, Words With Friends™, and Zynga Poker™. Founded in 2007, Zynga is headquartered in California with locations in North America, Europe, and Asia. For more information, visit www.zynga.com or follow Zynga on X, Instagram, Facebook, or the Zynga blog. About Take-Two Interactive Software Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe. We develop and publish products principally through Rockstar Games, 2K, and Zynga. Our strategy is to create hit entertainment experiences, delivered on every platform relevant to our audience through a variety of sound business models. Our pillars - creativity, innovation, and efficiency - guide us as we strive to create the highest quality, most captivating experiences for our consumers. The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at http://www.take2games.com. All trademarks and copyrights contained herein are the property of their respective holders. Cautionary Note Regarding Forward-Looking Statements The statements contained herein, which are not historical facts, including statements relating to Take-Two Interactive Software, Inc.'s ("Take-Two," the "Company," "we," "us," or similar pronouns) outlook, are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "should," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for our future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties, including risks relating to the timely release and significant market acceptance of our games; the risks of conducting business internationally, including as a result of unforeseen geopolitical events; the impact of changes in interest rates by the Federal Reserve and other central banks, including on our short-term investment portfolio; the impact of inflation; volatility in foreign currency exchange rates; our dependence on key management and product development personnel; our dependence on our NBA 2K and Grand Theft Auto products and our ability to develop other hit titles; our ability to leverage opportunities on PlayStation®5 and Xbox Series X|S; factors affecting our mobile business, such as player acquisition costs; and the ability to maintain acceptable pricing levels on our games. Other important factors and information are contained in the Company's most recent Annual Report on Form 10-K, including the risks summarized in the section entitled "Risk Factors," the Company’s most recent Quarterly Report on Form 10-Q, and the Company's other periodic filings with the SEC, which can be accessed at www.take2games.com. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. More News From Take-Two Interactive Back to Newsroom |
|||
|
Saved
2026-08-31 21:59
1mo ago
Published
2026-08-31 17:04
1mo ago
|
Take-Two Interactive Software: The Street Is Missing The Big Picture | FMP Stock News | |
|
Original source text
Take-Two Interactive Software, Inc. faces a near-term stock dip despite GTA 6's massive organic marketing and industry anticipation. Current GTA 6 preorders (~4.86 million) lag initial bullish assumptions, but 80 days remain before launch, and aggressive marketing is expected. TTWO's valuation appears stretched (forward P/E 34x), yet long-term upside exists from GTA 6's multi-year, multi-platform sales and potential online monetization. |
|||
|
Saved
2026-08-31 20:34
1mo ago
Published
2026-08-31 20:09
1mo ago
|
US burzy uzavírají poklesem | FIO Stock News | |
|
Original source text
31.8.2026 22:09Index Dow Jones -0,7 % na 53185,9 b. S&P 500 -0,33 % na 7686,14 b. Nasdaq Composite -0,12 % na 26370,89 b. Pondělní obchodní den končí v červeném teritoriu, do kterého spadl ihned po otevření. Negativní náladu vyvolala obava z opětovného vyostřování konfliktu na Blízkém východě, kde USA po delší prodlevě útočili na Iránské pozice. Navzdory dnešnímu mírnému poklesu si indexy v srpnu polepšily. Dow Jones přidal 1,3 %, Nasdaq 3,9 % a posílil S&P 500 2,6 %. Ze sektorů se s dvouciferným růstem dařilo zejména základním materiálům, naopak pokles téměř 5 % postihl utility. Take-Two Interactive Software ztrácí 6,67 % po úniku záběrů z dlouho připravované hry GTA VI. Objevují se spekulace o možném odkladu vydání hry z důvodu její nepřipravenosti. Vydavatel hry únik označil za nepříjemný, ale nadále potvrzuje spuštění na 19. listopadu. Společnost již v minulosti uvedení na trh 2x posunula, z původně plánovaného roku 2025, na květen a následně listopad roku 2026. Dlouhý vývoj vzbuzuje u investorů očekávání bambusového efektu, kdy po náročné přípravě a růstu kořenového systému přichází raketový vzestup. Další odsun by tak mohl vést ještě k silnějšímu propadu. Index S&P 500 -0,33 % na 7686,14 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +2,1 % Komunikační služby -1,6 % Informační technologie +0,3 % Utility -1,2 % Nezbytná spotřeba -0,3 % Průmysl -1,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Crowdstrike Holdings (CRWD) +5,8 % Edison International (EIX) -23 % Tesla (TSLA) +5,5 % PG&E Corp (PCG) -20 % Sandisk Corp (SNDK) +5,5 % Aon (AON) -9,5 % Coinbase Global (COIN) +5,3 % Howmet Aerospace (HWM) -7,5 % SLB (SLB) +4,8 % Take-Two Interactive Software (TTWO) -6,7 % Marek Kameništiak Fio banka, a.s. Prohlášení |
|||
|
Saved
2026-08-31 19:34
1mo ago
Published
2026-08-31 12:11
1mo ago
|
Stocks Retreat as U.S.-Iran Tensions Flare | FMP Stock News | |
|
Original source text
The $25k Day Trading Barrier is Gone. It's Time to Put Your Capital to Work.For years, the PDT rule put a major roadblock in front of active traders. The barrier is no longer standing in the way. But having more freedom doesn't mean every trade is worth taking. With Dynamite Day Trading Signals, you'll receive up to 2 options trade alerts per week, each targeting 50%+ gains in a single session. NO holding positions overnight. NO waiting weeks for a trade to develop. Just focused options trades designed to capitalize on opportunities as they emerge. 👉 Get Access to Dynamite Day Trading Signals |
|||
|
Saved
2026-08-31 19:34
1mo ago
Published
2026-08-31 13:15
1mo ago
|
Why Take-Two Interactive Stock Is Sinking Today | FMP Stock News | |
|
Original source text
Take-Two Interactive (TTWO -6.78%) stock is heading lower in today's trading. The company's share price was down 6.6% as of 1:10 p.m. ET. The S&P 500 was down 0.5% at the same point in the daily session, and the Nasdaq Composite was down 0.4%.Take-Two stock is moving lower today amid leaks surrounding Grand Theft Auto VI (GTA VI) -- by far the most important game in the company's release pipeline. The video game publisher's share price is also under pressure due to macroeconomic concerns about the bond market, inflation, and interest rate outlook. Image source: Getty Images. GTA VI leaks continue to weigh on Take-Two stock Grand Theft Auto VI is on track for release on Nov. 19, but its pre-release promotional campaign is encountering snags due to video and information leaks. Substantial amounts of footage and info about the game's content have been leaked online, and it's caused some investors to take a more cautious approach to Take-Two stock. The company's share price is now down roughly 14% year to date. Premium Feature Moneyball Superscore 75/100 Today's Change ( -6.78 %) $ -15.97 Current Price $ 219.42 What's next for Take-Two and GTA VI? While some fan responses to the leaked GTA VI footage and info have been negative, excitement surrounding the game remains very high. Ideally, Take-Two would have pretty much full control over the game's pre-release campaign and be able to let its marketing campaign evolve without leakers throwing curveballs into the process -- but the leaks are unlikely to derail the game's performance. If GTA VI turns out to be the high-quality, blockbuster release that players are expecting, the current controversies and uncertainty surrounding the content leaks will likely have very little long-term impact. Keith Noonan has positions in Take-Two Interactive Software. The Motley Fool has positions in and recommends Take-Two Interactive Software. The Motley Fool has a disclosure policy. |
|||
|
Saved
2026-08-31 17:24
1mo ago
Published
2026-08-31 17:03
1mo ago
|
Americké indexy klesají | FIO Stock News | |
|
Original source text
31.8.2026 19:03Index Dow Jones -0,64 % na 53216,18 b. S&P 500 -0,47 % na 7675,22 b. Nasdaq Composite -0,34 % na 26311,38 b. Závěr měsíce se nese v negativní náladě po vyostření konfliktu USA s Iránem, kdy po měsíční pauze znovu mluví zbraně. Cena ropy je na vzestupu po útoku USA na dvě odpaliště raket Iránu. WTI se obchoduje nad hranicí USD 85,5 při růstu 2,5 % a Brent pokořil cenovku USD 90. Z indexu S&P jako jediný roste sektor energií. Přibližně o 1,5 % posilují ExxonMobil i Chevron. Citelnějším poklesem se obchoduje sektor utilit, kde klesá zejména Edison International (- 24 %) a PG&E Corp (- 19 %). Hlavním důvodem je kalifornská legislativa týkající se odpovědnosti energetických společností za škody při požárech. Kalifornie upravila návrh tak, že neobsahuje očekávanou ochranu utilit před žalobami pojišťoven. Dnešek je pro Apple (- 1,8 %) posledním dnem pod vedením současného CEO. Tim Cook do vedení společnosti nastoupil v roce 2011. Pochlubit se může například uvedením Apple Watches, anebo AirPods. Cena akcie za jeho působení posílila o 2300 %. Do nákupního módu se přepnulo Strategy (3,08 %). Společnost reportovala nákup celkem 4 603 Bitcoinů v celkovém objemu cca USD 370 mil. Z indexu Dow Jones v zeleném teritoriu drží pouze sedm emisí na čele se Salesforce (1,8 %) a naopak nejvíce klesá Alphabet (- 2,2 %). Index S&P 500 -0,47 % na 7675,22 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +1,1 % Komunikační služby -1,7 % Informační technologie +0 % Utility -1,4 % Nezbytná spotřeba -0,4 % Reality -1,3 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Tesla (TSLA) +5,0 % Edison International (EIX) -24 % Veeva Systems (VEEV) +4,3 % PG&E Corp (PCG) -19 % Crowdstrike Holdings (CRWD) +4,1 % Howmet Aerospace (HWM) -8,7 % Coinbase Global (COIN) +3,8 % Aon (AON) -7,4 % Deere (DE) +3,6 % Take-Two Interactive Software (TTWO) -6,6 % Marek Kameništiak Fio banka, a.s. Prohlášení |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-26 04:34
1mo ago
|
Bank of Nova Scotia Invests $4.60 Million in Take-Two Interactive Software, Inc. $TTWO | FMP Stock News | |
|
Original source text
Bank of Nova Scotia acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,411 shares of the company’s stock, valued at approximately $4,602,000.Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. MCF Advisors LLC purchased a new stake in Take-Two Interactive Software in the fourth quarter worth $25,000. Mosley Wealth Management increased its holdings in Take-Two Interactive Software by 266.7% in the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after acquiring an additional 80 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in Take-Two Interactive Software in the 2nd quarter valued at about $32,000. Essential Partners LLC raised its stake in Take-Two Interactive Software by 333.3% in the 1st quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares during the period. Finally, Rachor Investment Advisory Services LLC bought a new stake in Take-Two Interactive Software in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 95.46% of the company’s stock. Take-Two Interactive Software Stock Down 0.2% Shares of NASDAQ:TTWO opened at $232.93 on Wednesday. The firm has a fifty day moving average of $242.37 and a 200 day moving average of $222.13. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $265.94. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $43.55 billion, a PE ratio of -134.64, a price-to-earnings-growth ratio of 1.55 and a beta of 0.97. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.07) EPS. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year. Analyst Upgrades and Downgrades TTWO has been the topic of several research reports. BTIG Research boosted their price target on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Zacks Research upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Wedbush reissued an “outperform” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Roth Capital increased their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $296.95. Get Our Latest Research Report on Take-Two Interactive Software Insider Transactions at Take-Two Interactive Software In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 362 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the transaction, the director owned 8,357 shares in the company, valued at approximately $2,047,548.57. This represents a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Strauss Zelnick sold 40,000 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $252.64, for a total value of $10,105,600.00. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 540,759 shares of company stock worth $123,183,789. Corporate insiders own 1.12% of the company’s stock. (Free Report) Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience. Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers. Further Reading Five stocks we like better than Take-Two Interactive Software Pathward’s Credit Scare Tests Its Comeback Story Wiring the AI Boom: Rumble’s $13.7B Pivot StoneX: Too Far Too Fast? DICK’s Sporting Goods Faces Pain Now for a Bigger Prize Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-26 10:33
1mo ago
|
ChatGPT predicts Take-Two stock price on GTA 6 trailer 3 release date | FMP Stock News | |
|
Original source text
Grand Theft Auto 6 (GTA 6) leaks have largely marked the online discourse over the past week, but Take-Two Interactive (NASDAQ: TTWO) stock prices have hardly budged. Now, as the new extended look at the game on Netflix draws near, we’ve asked OpenAI’s chatbot ChatGPT to predict Take-Two stock price on the GTA 6 trailer 3 release date, August 27. At the time of writing, August 26, TTWO shares were changing hands at $237. According to the algorithm, the figure is most likely to gain around 2.1-4.2% once GTA 6 trailer 3 drops tomorrow and trade at $242-$247. TTWO stock price prediction. Source: Finbold and ChatGPT In the most bullish scenario, which assumes the preview can generate significant market buzz, the shares could gain up to 9.7% and close at $260, which would be a new all-time high. More bearish scenarios see the price either remaining where it is now or plummeting 7.2% and pulling back to $220, a level last seen in June. Analysts are bullish on Take-Two stock as Rockstar confirms November 19 GTA 6 launch date Like the machine learning algorithm, some analysts are also optimistic about Take-Two Interactive stock prices. For example, Benchmark maintained its ‘Buy’ rating and $300 price target on the game publisher on August 27. The target represents approximately 25% upside from the stock’s current price, and analyst Mike Hickey notes that despite the short-term pressure, the leaked footage appears to demonstrate strong game quality and mature development. Accordingly, he believes that there is no verified evidence of weaker consumer demand or any change to the game’s once again confirmed November 19 release date. Instead, the upcoming Netflix presentation could give Rockstar an opportunity to regain control of the marketing narrative. While Hickey acknowledged that the leaks disrupted the promotional campaign, he believes they ultimately strengthen the fundamental investment case for GTA VI. UBS and Benchmark also reiterated their Buy ratings with $300 price targets, while Oppenheimer increased its target to $280, citing first-quarter fiscal 2027 net bookings that exceeded guidance. At the same time, Baird raised its target to $270, highlighting NBA 2K engagement and continued strength in GTA Online. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-27 12:03
1mo ago
|
GTA 6 leaker ‘Cyberleek' reportedly begins cashing out crypto | FMP Stock News | |
|
Original source text
After the release of a five-minute prologue clip of Grand Theft Auto VI (GTA 6) on August 26 stirred a sell-the-news event on CyberLeek (CYBERLEEK) memecoin, a pseudonymous GTA Forums user Vice Cit has identified several on-chain transactions of the leaker cashing out.On August 27, Vice Cit stated that approximately $268,000 was withdrawn from the transaction fees pool for CYBERLEEK, a Solana (SOL)-based token, according to a post on GTA Forums. Vice Cit highlighted that the funds were split into several wallets, with some deposited into KuCoin cryptocurrency exchange and CCE.Cash, an automated non-custodial crypto swap service. “The money was then divided up between 4 transactions and sent to various wallets that ultimately ended up in three different places; KuCoin, CCE.Cash, and there are some still sitting in various wallets that haven’t moved yet,” Vice Cit noted. This on-chain analyst argued that the KuCoin and CCE.Cash transactions suggested that two parties may have been involved in the GTA 6 leaking scheme. As such, Vice Cit pointed out that the KuCoin exchange could help Take-Two Interactive Software Inc. (NASDAQ: TTWO) and law enforcement agencies catch up with the GTA 6 leaker, amid investigations. Previously, the GTA 6 leaker had burned 270,000,000 CYBERLEEK tokens, worth about $1,790,000 at the time, possibly to gain the community’s trust. Furthermore, Vice Cit believes that the GTA 6 leaker gained more from the collected transaction fees than from selling tokens directly to the market. CYBERLEEK price outlook as GTA 6 leaker cashes out As the GTA 6 leaker began to cash out funds collected through transaction fees, CYBERLEEK price capitulated by more than 60% over the past 24 hours, trading at $0.005630 at press time, as per metrics from CoinMarketCap. CYBERLEEK performance. Source: CoinMarketCap This token had a market capitalization of approximately $4.11 million and a 24-hour trading volume of about $15.45 million. The CYBERLEEK price selloff could accelerate as Rockstar Games is officially debuting “Grand Theft Auto VI: An Extended Look”, a gameplay showcase airing first on Netflix before hitting YouTube six hours later. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-28 05:36
1mo ago
|
Take-Two shares move higher pre-market as gamers get first look at GTA 6 | FMP Stock News | |
|
Original source text
Gamers got their first look at gameplay of the latest Grand Theft Auto title in a release on Netflix, with Christopher Dring, Editor-in-Chief and Co-Founder of The Game Business, calling the game a significant moment for the gaming industry. |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-28 11:01
1mo ago
|
Take-Two Entices Gamers With 'Grand Theft Auto 6' Video Preview | FMP Stock News | |
|
Original source text
Rockstar Games, a unit of Take-Two Interactive Software (TTWO), whet the appetite of gamers for its highly anticipated video game "Grand Theft Auto 6" late Thursday with a 26-minute video preview. TTWO stock rose on Friday."GTA 6," the latest game in the gritty crime-themed franchise, goes on sale on Nov. 19 and will be playable only on the newest Microsoft (MSFT) and Sony (SONY) game consoles. ↑ X Here’s How To Use IBD’s Proprietary Ratings To Find The Next Winning Stock In 2026, IBD made major updates to all of its proprietary stock ratings. Here’s the lowdown on how the ratings have changed and how to best use them in your investing practice. 0 seconds of 9 minutes, 48 secondsVolume 0% Press shift question mark to access a list of keyboard shortcuts Chip Stocks Got Too Hot. Now What? 11:50 00:00 09:48 09:48 NOW PLAYING Here's How To Use IBD's Proprietary Ratings To Find The Next Winning Stock The video presentation premiered on Netflix (NFLX) and streamed six hours later on Alphabet's (GOOGL) YouTube and the Rockstar website. The gameplay shown in the preview "tells me this game is going to be a monster and some of these calls for like 40-45 million total units could be a wee bit light," Mizuho Securities trading-desk analyst Jordan Klein said in a client note Friday. "The bar is definitely high for 'GTA 6,' but it has been 13 full years in the making since (the) 'GTA 5' launch." The base version of "GTA 6" costs $79.99 while a deluxe version costs $99.99. Take-Two has other opportunities to monetize the game such as through online subscriptions and in-game purchases. On the stock market today, TTWO stock rose 1% to close at 235.39. TTWO Stock Secures Buy Ratings TD Cowen analyst Doug Creutz reiterated his buy rating on TTWO stock with a price target of 284 after the "Grand Theft Auto 6" preview. "Rockstar appears to have crafted a phenomenal piece of entertainment," Creutz said in a client note. "The graphical detail and physics look best-in-class." He added, "We think the video will serve to further heighten player anticipation for the game." BTIG analyst Clark Lampen kept his buy rating on TTWO stock with a price target of 313. "We were satisfied with the initial preview, and more importantly, public response via social media appears positive, as traffic was strong enough that a surge of simultaneous viewers temporarily crashed Netflix," Lampen said in a report Friday. Jefferies analyst James Heaney maintained his buy rating on Take-Two shares with a price target of 300. "The 'GTA 6' Netflix extended look met lofty player expectations with graphics and breadth of gameplay both impressing," Heaney said in a client note. Follow Patrick Seitz on X at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks. YOU MAY ALSO LIKE: Intuit Beats Fiscal Q4 Targets But Misses With Outlook Opera Hits Sour Note With Soft Full-Year Sales Guidance Discover Profitable Trades Each Day With MarketDiem. See How. Find Winning Stocks With MarketSurge Pattern Recognition & Custom Screens Join IBD Live For Stock Ideas Each Morning Before The Open Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-28 11:53
1mo ago
|
Wall Street Buys the GTA 6 Hype. Take-Two Stock Gets a Lift. | FMP Stock News | |
|
Original source text
You are now leaving Barron's websiteBy clicking on the “Proceed” button below, you will be redirected to a third-party website owned and operated by Hong Kong Tiimoot Information Technology Co., Limited. (“HKT”), which is located in Hong Kong. That website operates independently from Barron's and Barron's does not control the website. The privacy practices of HKT are subject to its Privacy Statement, so please read it closely. We are not responsible for HKT's privacy or other data-related practices. |
|||
|
Saved
2026-08-31 12:04
1mo ago
Published
2026-08-31 07:30
1mo ago
|
Take Two Interactive, Nvidia, Cheniere Energy And A Health Care Stock: CNBC's ‘Final Trades' | FMP Stock News | |
|
Original source text
On CNBC’s “Halftime Report Final Trades,” Kevin Simpson, founder and CEO of Capital Wealth Planning, picked Take-Two Interactive Software, Inc. (NASDAQ:TTWO).On the earnings front, Take-Two Interactive Software, on Aug. 7, reported better-than-expected first-quarter EPS results. Adjusted earnings were 35 cents per share, topping the analyst consensus estimate of 33 cents. Bill Baruch, founder and CIO of both Blue Line Capital and Blue Creek Capital Management, named NVIDIA Corporation (NASDAQ:NVDA) as his final trade. Lending support to his choice, Nvidia, on Aug. 26, reported second-quarter revenue of $96.22 billion, up 106% year-over-year. The total revenue beat the Street consensus estimate of $92.18 billion, according to data from Benzinga Pro. Adjusted earnings per share were $2.22 in the quarter, beating a Street consensus estimate of $2.10. Don’t forget to check out our premarket coverage here Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended Cheniere Energy, Inc. (NYSE:LNG). Trending Supporting his view, RBC Capital analyst Elvira Scotto maintained Cheniere Energy with an Outperform rating on Aug. 24 and raised the price target from $300 to $319. Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said Pfizer Inc. (NYSE:PFE) has a 6% dividend yield. As per recent news, Pfizer and BioNTech (NASDAQ:BNTX) disclosed on Aug. 27 that the U.S. Food and Drug Administration has approved the supplemental Biologics License Application for the companies’ COVID-19 vaccine targeting the XFG variant. Price Action Take-Two gained 1% to close at $235.39 on Friday. Nvidia shares dipped 4.6% to settle at $217.55 during the session. Cheniere Energy shares gained 0.5% to close at $282.33 on Friday. Pfizer shares fell 0.2% to settle at $27.96 during the session. Read Next Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
|||
|
Saved
2026-08-24 12:59
2mo ago
Published
2026-08-24 08:20
2mo ago
|
GTA 6 hacker demands massive crypto payment just to make contact | FMP Stock News | |
|
Original source text
Ever since the latest round of Grand Theft Auto 6 (GTA6) leaks started, cryptocurrencies have been heavily involved in the operation, and the latest part of the scheme involves ‘CyberLeek’ – the individual or group behind the matter – demanding a 400 Monero (XMR) payment to make contact.Specifically, shortly after it became known that Take-Two Interactive (NASDAQ: TTWO), the video game’s publisher, was issuing subpoenas to several major technology companies, including Discord and Microsoft (NASDAQ: MSFT), to try to track down the hacker, an option to exchange XMR for a marketing spot on the next GTA6 stream became available. Indeed, ‘CyberLeek’ created the option for people to contact them via a privacy instant messaging platform, Session, and then pay 400 Monero – roughly $168.860 at press time on August 24 – to get a personalized ad spot during the next leak stream. In a somewhat ironic twist, the hackers explained that they will not help market scams, but that anything else, including gambling and pornography, is acceptable. They also did not disclose any additional details regarding the scheme, with the specifics allegedly only meant to be agreed upon on Session. GTA6 impact on the cryptocurrency market Elsewhere, the Monero marketing ploy is not the first cryptocurrency-related part of the GTA6 saga. The hacker already used their streams to promote their own meme coin – also called CyberLeek (CYBERLEEK). By press time on August 24, there has been no clear reaction to the scheme in the price of Monero, but CYBERLEEK is up nearly 39,000% in the last week. Notably, recent streams claimed that the higher the cryptocurrency’s market capitalization goes, the more footage of GTA6 will be released. CyberLeek price one-week chart. Source: CoinMarketCap What is behind the GTA6 leaks? The operation has, so far, been widely described as something of a get-rich-quick scheme, though CyberLeek claims their actual goal is to punish the gaming industry for its anti-consumer practices. In recent years, prices have been going up despite digital distribution removing much of the traditional logistical costs; anti-piracy measures have often led to legitimate copies working worse than pirated ones; and multiple games have become unavailable due to publishers deciding to shut down servers without providing a way to play locally. According to GTA6 leakers, the involvement of their meme coin and the Monero marketing scheme is meant to fund an unspecified future project – implied as part of a wider series of attacks targeting the gaming industry – but most journalists, observers, and gamers remain skeptical. Stop Killing Games – an initiative formed to combat most of the same anti-consumer practices – also took to X to rebuke the leaks and urge its followers not to donate any money: Do not send these people your money, no matter how much sympathy you may feel for their actions. This is illegal, and frankly, we feel for everyone at Rockstar having to go through this ordeal again, especially just over a week before Rockstar’s own official “Extended Look” premieres. Using illegal means to make a point is unacceptable to us and does nothing to protect our right to keep using what we paid for. No matter how strongly you disagree with the decisions of upper management at these companies, there are still thousands of developers who worked hard on this project — and they’re the ones being hit the hardest. Take-Two Interactive stock reacts to GTA6 leaks Finally, despite generating some volatility, the leaks have had only a limited impact on Take-Two Interactive stock. TTWO shares declined 2.20% within the last week of trading to their latest closing price of $239.62, but remain 3.44% in the green in the last 30 days. TTWO stock price one-week chart. Source: Google Furthermore, though Take-Two Interactive equity is 4.76% down in 2026 overall, it has largely retained the protracted uptrend that started in late March. Featured image via Shutterstock |
|||
|
Saved
2026-08-20 14:36
2mo ago
Published
2026-08-20 09:00
2mo ago
|
Here's how much Take-Two stock is down since GTA 6 leaks | FMP Stock News | |
|
Original source text
Grand Theft Auto 6 (GTA 6) leaks continue to pop up, turning market attention to both the upcoming title and publisher Take-Two Interactive’s (NASDAQ: TTWO) stock.With the latest released footage, which heavily implies that the hacker group behind the leak has a GTA 6 playable build, TTWO shares are sitting at $237 on August 20, having dropped 4.8% from $249 on August 17, a day before the leaks started circulating. The shares are now down 3.45% on the five-day chart, as the leaks appear to have had a modest impact on the company, even as social media chatter grows louder by the hour. TTWO stock price 5-day. Source: Google Finance Neither developer Rockstar Games nor Take-Two has issued a public statement regarding the leaks. However, posts containing the alleged leaked footage are reportedly being removed. Although the leaks are not affecting TTWO stock to a dramatic degree, they have nonetheless introduced another element into the Take-Two narrative as the market looks forward to the upcoming extended GTA 6 preview expected to premiere on Netflix on August 27. In the long term, however, investors are more interested in Take-Two’s financial performance, as TTWO stock has underperformed the broader market in 2026, being down 5.8% year to date (YTD). By comparison, the S&P 500 Index has returned 12.4%. Analyst sentiment has become somewhat more bullish, with the number of ‘Buy’ ratings rising to 17. Most recently, on August 17, Piper Sandler analyst James Callahan maintained his own ‘Buy’ rating and gave a TTWO price target of $290. Currently, TTWO’s mean price target of $293 represents a nearly 24% upside from the current market price, per TipRanks data. As such, the number appears to reflect CEO Strauss Zelnick’s statement that fiscal 2027 would be marked by record-breaking performance. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
|||