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Take-Two vs. Roblox: Which Gaming Titan is a Better Pick?

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Key Takeaways

  • Roblox and Take-Two represent contrasting gaming investment approaches with platform vs traditional models.
  • RBLX delivered 29% revenue growth with expanding user engagement versus TTWO's modest 5-6% outlook.
  • Roblox's creator economy generates network effects while Take-Two depends on infrequent releases.

The gaming industry continues evolving rapidly, with two distinct approaches emerging as dominant forces. Take-Two Interactive (TTWO - Free Report) represents the traditional gaming powerhouse, built on blockbuster franchises like Grand Theft Auto and NBA 2K that generate massive revenues through premium game sales and ongoing content updates. Meanwhile, Roblox (RBLX - Free Report) has pioneered a revolutionary platform-based model that empowers millions of creators to build experiences while fostering a thriving virtual economy.

Both companies operate in the lucrative gaming sector but serve fundamentally different market segments and growth trajectories. With both stocks carrying premium valuations and facing distinct opportunities ahead, investors must carefully evaluate which company offers superior long-term growth potential. Let's delve deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now.

The Case for RBLX Stock

Roblox demonstrates exceptional momentum across all key performance indicators, establishing itself as a compelling growth story. The company delivered outstanding first-quarter 2025 results with revenues growing 29% year over year to $1.035 billion, significantly outpacing industry averages. More impressively, bookings surged 31% to $1.207 billion, while daily active users expanded 26% to 97.8 million, showcasing robust user acquisition and retention.

The platform's engagement metrics reveal remarkable stickiness, with hours engaged climbing 30% to 21.7 billion. Particularly noteworthy is the accelerating growth among users aged 13 and older, who now represent 62% of total DAUs and are growing 36% year over year. This demographic expansion validates Roblox's evolution beyond its initial younger user base toward a more diverse, monetizable audience.

International expansion presents enormous untapped potential, with standout growth in key markets, including Japan (48% DAU growth) and India (77% growth). The company's creator economy continues flourishing, with over 100 developers earning more than $1 million annually, demonstrating the platform's ability to generate meaningful economic opportunities.

Financial performance has been exceptional, with operating cash flow surging 86% to $443.9 million and free cash flow more than doubling to $426.5 million. The platform model creates powerful network effects, where more creators attract more users, generating higher engagement and monetization opportunities.

The Zacks Consensus Estimate for 2025 earnings is pegged at a loss of $1.4 per share, indicating a 2.78% year-over-year increase.

See the Zacks Earnings Calendar to stay ahead of market-making news.

The Case for TTWO Stock

Take-Two maintains its position as a leading traditional gaming publisher with strong brand recognition and established franchises that generate consistent revenue streams. The company delivered solid fourth-quarter 2025 performance with Net Bookings of $1.58 billion, driven primarily by strong NBA 2K25 performance and recurrent consumer spending growth of 14%. The sports simulation segment continues demonstrating resilience, with NBA 2K25 selling nearly 10 million units.

The highly anticipated Grand Theft Auto VI represents a significant catalyst, though its delay to May 2026 pushes the major growth driver further into the future. The franchise's unprecedented cultural impact and record-breaking trailer performance suggest enormous commercial potential when eventually released.

However, several concerning trends warrant attention. Overall growth has decelerated meaningfully, with fiscal 2025 Net Bookings growing only 6% to $5.65 billion, and fiscal 2026 guidance suggesting continued modest 5% growth at the midpoint. The company recorded massive goodwill impairment charges of $3.55 billion in the fourth quarter, indicating previous acquisitions may have been overvalued and raising questions about capital allocation decisions.

Take-Two's business model remains heavily dependent on periodic blockbuster releases, creating inherent volatility and execution risk. The traditional premium gaming market faces increasing competition from free-to-play alternatives and platform-based experiences. While recurrent consumer spending provides stability, the company lacks the diversified creator economy and platform network effects that drive sustainable long-term growth.

The Zacks Consensus Estimate for TTWO’s fiscal 2026 earnings is currently pegged at $3.27 per share, down 50.2% in the past 30 days.

Valuation and Price Performance Comparison

Roblox's recent price performance reflects investor confidence, with shares climbing 67.9% year to date, outperforming TTWO, which gained 25.1%.

RBLX Outperforms TTWO Year to Date

Zacks Investment Research
Image Source: Zacks Investment Research

Both companies trade at premium valuations reflecting their market leadership positions, though their underlying growth profiles justify different investor expectations. Roblox's P/S ratio of 11.24x appears more compelling given its superior financial metrics as compared to TTWO’s P/S ratio of 5.99x.

RBLX vs. TTWO: P/E F12M Ratio

Zacks Investment Research
Image Source: Zacks Investment Research

Roblox's 29% revenue growth and expanding margins support its higher valuation multiple, particularly given its platform scalability and international expansion opportunities. Take-Two's valuation appears stretched relative to its modest 5-6% growth outlook and dependence on infrequent major releases. The significant goodwill impairments suggest previous acquisitions destroyed shareholder value, raising concerns about management's capital allocation track record.

Conclusion

Roblox emerges as the superior investment choice, offering significantly stronger growth fundamentals, superior financial performance, and more compelling long-term prospects. The platform's 29% revenue growth vastly outpaces Take-Two's single-digit expansion, while expanding user engagement and international penetration provide multiple growth vectors. Roblox's creator economy generates powerful network effects and diversified revenue streams, contrasting favorably with Take-Two's dependence on periodic blockbuster releases and concerning goodwill impairments. The younger demographic focus positions Roblox advantageously for future digital entertainment trends, while operational leverage demonstrates clear paths to enhanced profitability. Investors should buy Roblox and avoid Take-Two, as RBLX offers substantially better upside potential. RBLX currently carries a Zacks Rank #2 (Buy), whereas TTWO has a Zacks Rank #4 (Sell). 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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