Take-Two Interactive Software Inc
TTWOTake-Two Interactive Software Inc is a leading developer, publisher, and marketer of interactive entertainment for various platforms, including consoles, PC, and mobile devices. Founded in 1993, the company is known for its popular game franchises such as Grand Theft Auto, Red Dead Redemption, and NBA 2K. Take-Two operates through its major labels, Rockstar Games and 2K, and is recognized for its high-quality, critically acclaimed titles and its significant influence in the gaming industry.
Company News
Three companies are positioned for potential breakout years in 2026: Royal Caribbean Cruises benefits from strong cruise bookings and consumer spending recovery; Take-Two Interactive is poised for growth driven by the highly anticipated Grand Theft Auto VI release in November 2026; and Airbnb is expanding into bundled services despite regulatory ...
Take-Two Interactive has shown mixed stock performance, underperforming the S&P 500 over five years but outperforming in recent periods. The company is experiencing faster growth than the gaming industry and anticipates significant revenue from the upcoming Grand Theft Auto VI release.
Take-Two Interactive reported strong Q2 FY2026 earnings and raised full-year guidance, despite delaying Grand Theft Auto VI to November 2026. Analysts remain bullish, viewing the delay as a strategic move to ensure game quality and maintain the company's long-term growth potential.
Take-Two Interactive announced a delay of Grand Theft Auto VI to November 2026, causing its stock to drop about 9%. Despite the delay, the company reported strong quarterly results and expects record net bookings in fiscal year 2027.
U.S. stock futures rose on Friday after Thursday's tech-led market decline, with key focus on companies like Tesla, Expedia, and Archer Aviation. Market sentiment was mixed, with concerns about AI investments and potential economic indicators.
