11:47 AM EDT, 08/06/2024 (MT Newswires) -- Take-Two Interactive Software's ( TTWO ) investor sentiment heading into the company's fiscal Q1 results is likely neutral amid a lack of catalysts, Oppenheimer said Tuesday.

The video game publisher is scheduled to report fiscal Q1 results Thursday. Oppenheimer expects a loss of $0.02 per share, while the market is looking for EPS of $0.02, the brokerage said in a note to clients.

"While there has been more positive mobile gaming data favoring Zynga, we still expect at- or below-consensus F1Q25 results and F2Q25 guidance offset by weaker console and PC game bookings," Oppenheimer analysts Martin Yang and Andrew Northcutt said.

In the near term, Oppenheimer said it prefers Electronic Arts ( EA ) to Take-Two, citing "a more complicated release slate and less downside protection on valuation."

The brokerage has an outperform rating on the Take-Two stock, with a $185 price target.

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