We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
For the third quarter of fiscal 2026, Take-Two expects GAAP net revenues between $1.57 billion and $1.62 billion. It expects a loss per share between 49 cents and 35 cents.
The Zacks Consensus Estimate for TTWO’s fiscal third-quarter revenues is pegged at $1.59 billion, indicating growth of 15.57% on a year-over-year basis.
The consensus mark for earnings is pegged at 83 cents per share, which has been unchanged over the past 30 days, indicating an improvement of 15.28% from the year-ago quarter.
TTWO beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, with an average surprise of 53.41%.
Let us see how things have shaped up for the upcoming announcement.
Take-Two Interactive Software, Inc. Price and EPS Surprise
The quarter is likely to have reflected seasonal tailwinds from the holiday shopping season, though the company faced operational challenges during this critical period.
The quarter is likely to have experienced continued softness from Borderlands 4, which management had acknowledged faced challenges in its initial console launch during the prior quarter. Additionally, the planned Oct. 3 launch of Borderlands 4 on Nintendo Switch 2 was delayed indefinitely on Sept. 23, potentially impacting the franchise's holiday season performance and overall bookings expectations. The delay announcement cited the need for additional development and polish time, along with plans to better align the release with cross-save functionality.
NBA 2K26, which launched on Sept. 5, 2025, is likely to have sustained strong engagement through the holiday season, historically a peak period for sports gaming. Management had highlighted NBA 2K's outperformance in the second quarter, with the franchise typically seeing strengthened recurrent consumer spending patterns during the winter months as the NBA season progresses. The mobile portfolio, including titles like Toon Blast, Match Factory, and Color Block Jam, was expected to have contributed steady bookings, though management had previously noted some softness in legacy mobile titles.
The October-December period represents a seasonally strong quarter for gaming companies, driven by holiday gifting and promotional activity. Grand Theft Auto Online and Grand Theft Auto V are likely to have continued their consistent performance, benefiting from seasonal engagement spikes and in-game events. Red Dead Redemption 2 and Red Dead Online were also expected to have contributed to recurrent consumer spending.
Management provided guidance for Net Bookings of $1.55 billion to $1.60 billion for the quarter. With the raised full-year fiscal 2026 outlook of $6.4 billion to $6.5 billion in Net Bookings already reflecting fiscal second-quarter outperformance, the upcoming results will provide insights into whether Take-Two maintained momentum despite the Borderlands 4 Switch 2 delay, as the company positions itself before the highly anticipated Grand Theft Auto VI launch on Nov. 19, 2026.
What Our Model Says
According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the exact case here.
TTWO has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to Consider
Here are some stocks in the Zacks worth considering, as our model shows that these have the right combination of elements to beat on earnings this season.
Cirrus Logic (CRUS - Free Report) currently has an Earnings ESP of +5.89% and sports a Zacks Rank #1. CRUS shares have gained 31.6% in the in the trailing 12 months. It is set to report its third-quarter fiscal 2026 results on Feb. 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Advanced Micro Devices (AMD - Free Report) has an Earnings ESP of +2.01% and a Zacks Rank #2 at present. AMD shares have surged 112.6% in the trailing 12 months. AMD is set to report its fourth-quarter 2025 results on Feb. 3.
Rockwell Automation (ROK - Free Report) presently has an Earnings ESP of +1.03% and a Zacks Rank #2. ROK shares have soared 48.7% in the trailing 12 months. ROK is set to report its first-quarter fiscal 2026 results on Feb. 5.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Take-Two Gears Up to Report Q3 Earnings: How to Play the Stock
Key Takeaways
Take-Two Interactive Software (TTWO - Free Report) is scheduled to release third-quarter fiscal 2026 results on Feb. 3.
For the third quarter of fiscal 2026, Take-Two expects GAAP net revenues between $1.57 billion and $1.62 billion. It expects a loss per share between 49 cents and 35 cents.
The Zacks Consensus Estimate for TTWO’s fiscal third-quarter revenues is pegged at $1.59 billion, indicating growth of 15.57% on a year-over-year basis.
The consensus mark for earnings is pegged at 83 cents per share, which has been unchanged over the past 30 days, indicating an improvement of 15.28% from the year-ago quarter.
TTWO beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, with an average surprise of 53.41%.
Let us see how things have shaped up for the upcoming announcement.
Take-Two Interactive Software, Inc. Price and EPS Surprise
Take-Two Interactive Software, Inc. price-eps-surprise | Take-Two Interactive Software, Inc. Quote
Key Factors to Consider for TTWO
The quarter is likely to have reflected seasonal tailwinds from the holiday shopping season, though the company faced operational challenges during this critical period.
The quarter is likely to have experienced continued softness from Borderlands 4, which management had acknowledged faced challenges in its initial console launch during the prior quarter. Additionally, the planned Oct. 3 launch of Borderlands 4 on Nintendo Switch 2 was delayed indefinitely on Sept. 23, potentially impacting the franchise's holiday season performance and overall bookings expectations. The delay announcement cited the need for additional development and polish time, along with plans to better align the release with cross-save functionality.
NBA 2K26, which launched on Sept. 5, 2025, is likely to have sustained strong engagement through the holiday season, historically a peak period for sports gaming. Management had highlighted NBA 2K's outperformance in the second quarter, with the franchise typically seeing strengthened recurrent consumer spending patterns during the winter months as the NBA season progresses. The mobile portfolio, including titles like Toon Blast, Match Factory, and Color Block Jam, was expected to have contributed steady bookings, though management had previously noted some softness in legacy mobile titles.
The October-December period represents a seasonally strong quarter for gaming companies, driven by holiday gifting and promotional activity. Grand Theft Auto Online and Grand Theft Auto V are likely to have continued their consistent performance, benefiting from seasonal engagement spikes and in-game events. Red Dead Redemption 2 and Red Dead Online were also expected to have contributed to recurrent consumer spending.
Management provided guidance for Net Bookings of $1.55 billion to $1.60 billion for the quarter. With the raised full-year fiscal 2026 outlook of $6.4 billion to $6.5 billion in Net Bookings already reflecting fiscal second-quarter outperformance, the upcoming results will provide insights into whether Take-Two maintained momentum despite the Borderlands 4 Switch 2 delay, as the company positions itself before the highly anticipated Grand Theft Auto VI launch on Nov. 19, 2026.
What Our Model Says
According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the exact case here.
TTWO has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to Consider
Here are some stocks in the Zacks worth considering, as our model shows that these have the right combination of elements to beat on earnings this season.
Cirrus Logic (CRUS - Free Report) currently has an Earnings ESP of +5.89% and sports a Zacks Rank #1. CRUS shares have gained 31.6% in the in the trailing 12 months. It is set to report its third-quarter fiscal 2026 results on Feb. 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Advanced Micro Devices (AMD - Free Report) has an Earnings ESP of +2.01% and a Zacks Rank #2 at present. AMD shares have surged 112.6% in the trailing 12 months. AMD is set to report its fourth-quarter 2025 results on Feb. 3.
Rockwell Automation (ROK - Free Report) presently has an Earnings ESP of +1.03% and a Zacks Rank #2. ROK shares have soared 48.7% in the trailing 12 months. ROK is set to report its first-quarter fiscal 2026 results on Feb. 5.