PREVIEW: Take-Two Interactive shares rise ahead of quarterly results
ReutersMay 15, 2025 4:57 PM
Shares of video gaming company Take-Two Interactive Software Inc TTWO.O up 1.2% to $232.17 ahead of its quarterly earnings result due after markets close, with investors focused on the future bookings impact of a delay in a major game
Earlier this month, TTWO postponed the release of one its cash cows - "Grand Theft Auto VI" - to May 26, 2026, as it grapples with rising production costs and growing pressure from players to deliver polished experiences at launch
Wall Street analysts expect TTWO's quarterly revenue to rise 15% to $1.55 bln and EPS of $1.10 a share, according to LSEG
Among 30 analysts that cover TTWO, avg rating is "buy" and median PT is $230
TTWO is up 26% YTD vs Nasdaq's .IXIC 1% decrease
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