Schwab Network on $TTWO (Nov 10, 2026)

Take Two is a name and an earnings mover. Yeah, the story with Take Two is really about GTA 6 from here. Uh in terms of how the company did on earnings, they beat expectations on the bottom line.

Earnings coming in at 99 cents per share, better than the 94 cents expected. Revenue coming in at 1.6 billion. That's a slight beat. You are seeing shares off to the races, rallying more than 8% right now.

About 8 and a half% roughly, uh, give or take there.

Uh, here's what's happening. GTA 6 is coming. GTA 6, there's a lot of expectations going into it. It's set to launch November 19th finally. For a lot of fans who've been waiting for this one, there have been lots of delays.

It's about 13 years after it's uh the last iteration of GTA. So, everybody probably knows the ins and outs, the tricks of the trade there when it comes to that game there. Censor Tower estimating that more than 7.7 million pre-orders are uh happening globally as of uh about a week ago here.

Um pricing adding to the revenue opportunity from here. Standard edition coming in at almost 80 bucks $79.99. Ultimate Edition about a hundred bucks there. So, it's a nice tailwind for Take Two, especially for fans who have been waiting for this.

Here's the guidance. Take two expecting fiscal 2027 revenue of 7.98 billion to 8.18 billion. That is an increase at both ends there. Earnings outlook now 57 to 75 cents a share.

Low-end raise by 2 cents there. Annual bookings guidance staying unchanged at 8 to 8.2 billion. And that's despite the um commentary around what pre-orders look like.