Take-Two Interactive Stock News

Earnings reports from Walmart and Lowe's will give investors a glimpse at consumer spending on Tuesday morning, while SpaceX readies for another launch.

SAN MATEO, Calif.--(BUSINESS WIRE)--Zynga Inc., a wholly-owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and a global leader in interactive entertainment, today announced the next evolution of its beloved word game, Words With Friends, adding four new single-player game modes. For the first time, in addition to the renowned competitive gameplay, players can dive int...

Take-Two Interactive NASDAQ: TTWO turned a corner in 2024, setting it up to sustain and accelerate growth. The video game business has normalized following the COVID-19 bubble bursting, and numerous catalysts are on the horizon.

Take-Two Interactive stock has gained nearly 25% since my August Strong Buy rating, with further growth expected from GTA VI's release in Fiscal 2026. Q2 earnings exceeded expectations, with strong sales from Grand Theft Auto, Red Dead Redemption, and NBA 2K25, and robust growth in the Zynga and Mobile Segment. Management's guidance for record net bookings in Fiscal 2026 and 2027, driven by hig...

The stage looks set for a banner fiscal year coming soon.

Videogame publisher Take-Two's bookings for the quarter were $1.47 billion, and beat estimates of $1.45 billion.

Entertainment conglomerate Warner Bros Discovery Inc (NASDAQ:WBD) and video game giant Take-Two Interactive Software, Inc (NASDAQ:TTWO) are seeing higher-than-usual options activity after earnings.

Take-Two Interactive Software shares spiked after the video game publisher beat estimates for the September quarter and provided reassuring guidance for the year ahead. The post Take-Two Stock Spikes On Quarterly Beat, Longer-Term Outlook appeared first on Investor's Business Daily.