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 GAAP revenue of $1.42 billion to $1.47 billion and net bookings of $1.62 billion to $1.67 billion, below the analyst consensus estimate of $1.72 billion.

It forecast adjusted earnings of 90 cents to $1.00 per share, compared with the consensus estimate of 90 cents.

Take-Two Interactive shares rose 0.5% to $247.67 in pre-market trading.

These analysts made changes to their price targets on Take-Two Interactive following earnings announcement.

BTIG analyst Clark Lampen maintained the stock with a Buy and raised the price target from $293 to $313.

Baird analyst Colin Sebastian maintained the stock with an Outperform rating and raised the price target from $265 to $270.

Considering buying TTWO stock? Here’s what analysts think: Photo via Shutterstock