These Analysts Boost Their Forecasts On Take-Two Interactive After Q1 Results

Take-Two Interactive Software Inc. (NASDAQ: TTWO ) on Friday posted better-than-expected earnings for the first quarter and affirmed its full-year outlook. Take-Two reported GAAP net revenue of $1.53 billion for the fiscal first quarter ended June 30, 2026, up from $1.50 billion a year earlier. Net bookings fell 3% year over year to $1.39 billion from $1.42 billion, missing analyst estimates of $1.41 billion. Adjusted earnings were 35 cents per share, topping the analyst consensus estimate of 33 cents. Take-Two affirmed fiscal 2027 GAAP revenue guidance of $7.90 billion to $8.10 billion and net bookings guidance of $8.00 billion to $8.20 billion, below the analyst consensus estimate of $8.51 billion. The company also reiterated adjusted earnings guidance of $5.75 to $6.00 per share, compared with the analyst consensus estimate of $6.80. For the fiscal second quarter, Take-Two expects...