Take-Two Interactive Soars Ahead of Grand Theft Auto 6 Launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2026
0mins
Source: seekingalpha
- Stock Surge: Take-Two Interactive (TTWO) jumped 5.8% in premarket trading as investors anticipate the potential impact of Grand Theft Auto 6 launching on November 26, coinciding with the holiday shopping season.
- Pre-Order Launch: While the company has not issued an official update, Best Buy affiliates received emails indicating that pre-orders for Grand Theft Auto VI will go live on May 18 and remain open until May 21, which could further boost TTWO's stock price.
- Market Reaction: TTWO's stock previously fell 18% on the day of the second delay announcement, pushing the game's release window from 2025 to November this year, but the upcoming trailer release may improve market sentiment.
- Strategic Implications: CEO Strauss Zelnick confirmed that the November 19 release date remains on track, with a marketing campaign expected to kick off in the summer, providing a strong catalyst for TTWO's stock price, especially given the franchise's historical performance.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TTWO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TTWO
Wall Street analysts forecast TTWO stock price to rise
14 Analyst Rating
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 236.620
Low
270.00
Averages
286.77
High
300.00
Current: 236.620
Low
270.00
Averages
286.77
High
300.00
About TTWO
Take-Two Interactive Software, Inc. is a developer, publisher, and marketer of interactive entertainment for consumers around the globe. The Company develops and publishes products principally through Rockstar Games, 2K, and Zynga. Its products are designed for console gaming systems, including, but not limited to, the Sony Computer Entertainment, Inc. (Sony) PlayStation4 (PS4) and PlayStation5 (PS5), the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox Series XS (Xbox Series XS), and the Nintendo Switch (Switch), as well as mobile, including smartphones and tablets, and personal computers (PC). It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. It sells software titles both digitally and physically through direct relationships with digital storefronts and platform partners, large retail customers, and third-party distributors. It also sells advertising within a number of its games, primarily in mobile.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Take-Two's Q4 Earnings Preview Amid GTA VI Anticipation
- Earnings Expectations: Take-Two is projected to report a nearly 2% decline in revenue for Q4, with estimates around $1.55 billion; despite beating revenue estimates 50% of the time over the past year, the company has never surpassed EPS expectations, indicating cautious market sentiment.
- Management Outlook: The management has set Q4 net bookings guidance between $1.51 billion and $1.56 billion, with recurrent consumer spending expected to rise by approximately 7%, suggesting increased confidence ahead of key product launches.
- Annual Projections: The full fiscal year net bookings outlook has been raised to $6.65 billion to $6.7 billion, reflecting higher expectations for key titles in Q4, while recurrent consumer spending is projected to grow by about 17% in FY26, indicating long-term growth potential.
- Market Focus: Analysts are highly focused on the upcoming release of GTA VI, with an 80% probability assigned for its November launch; any delays or underperformance in live services like GTA Online or NBA 2K could materially impact near-term results and market sentiment.
See More
Major Earnings Reports Expected Thursday
- Zoom Earnings Preview: Zoom Communications (ZM) is set to release its earnings after Thursday's close, with the market anticipating performance amid sustained demand for remote work solutions.
- Take-Two Earnings Release: Take-Two Interactive Software (TTWO) will also report earnings on the same day, with investors keen on the impact of game sales and new product launches.
- Workday Earnings Anticipation: Workday (WDAY) is another key report, as analysts will assess its competitiveness in the enterprise software market and future growth potential.
- Ross Stores Earnings Update: Ross Stores (ROST) will announce its latest earnings, with the market focusing on its performance and strategic adjustments in a changing retail environment.
See More
TTWO to Announce Q4 Earnings on May 21
- Earnings Release Date: TTWO is set to announce its Q4 earnings on May 21, with market anticipation high for insights into the company's performance in a competitive gaming landscape.
- Earnings Expectations: Analysts forecast an EPS of $2.52 and revenue of $2.52 billion, reflecting confidence in the company's product lineup and future growth potential amid industry challenges.
- Stock Price Movement: Ahead of the earnings report, TTWO's stock fell by 0.6% to $236.62, indicating a cautious sentiment among investors that could impact short-term market performance as they await financial results.
- Analyst Ratings: Despite the recent stock decline, analysts maintain a “Buy/Outperform” rating on TTWO, suggesting strong confidence in the company's long-term growth prospects, which may attract further investor interest.
See More
Take-Two Expected to Triple EPS in Four Years
- Earnings Growth Projection: Take-Two is expected to triple its earnings per share over the next four years, indicating strong confidence in its future financial performance, which may attract increased investor interest.
- Upcoming Earnings Report: The company is set to release its fourth-quarter earnings on Thursday, with the market eagerly anticipating results that could further validate these earnings projections and drive stock price appreciation.
- Positive Market Reaction: With the earnings outlook improving, analysts may upgrade their ratings on Take-Two, enhancing market confidence in its stock and potentially increasing capital inflows.
- Strategic Growth Initiatives: Take-Two's growth strategy may include new game releases and market expansion, providing robust support for the company's future profitability.
See More
The Importance of Market Capitalization for Investors
- Market Capitalization Concept: Market capitalization is a crucial data point for investors as it accurately reflects the stock market's valuation of a company's stock, helping to prevent beginners from misjudging a company's worth based solely on stock price.
- Company Valuation Comparison: For instance, Occidental Petroleum Corp (OXY) has a market cap of $60.37 billion, while Take-Two Interactive Software, Inc. (TTWO) stands at $44.10 billion, highlighting the relative size differences between the two companies in the market.
- Portfolio Impact: Market capitalization determines a company's size tier among peers, which directly influences which mutual funds and ETFs are willing to hold the stock, particularly as large-cap funds typically focus on companies valued over $10 billion.
- Market Performance Analysis: At Wednesday's close, OXY's stock fell about 3%, while TTWO declined approximately 0.6%, reflecting differing market reactions to these companies and further emphasizing the significance of market capitalization in investment decisions.
See More
Take-Two Shares Poised for Lift from Grand Theft Auto VI Release
- Game Release Catalyst: Analysts predict that the long-awaited release of Grand Theft Auto VI in November will provide a strong boost to Take-Two's stock price, particularly as marketing campaigns ramp up, potentially leading to significant price appreciation.
- Market Performance Comparison: Since the beginning of 2026, Take-Two's stock has declined by approximately 5.4%, while the broader NASDAQ index has risen by 11.3%, indicating the company's vulnerability under AI competition pressures; however, the upcoming game release may reverse this trend.
- Optimistic Sales Forecast: Morgan Stanley forecasts that Grand Theft Auto VI will sell 40 million units in 2027, surpassing the 33 million units sold by Grand Theft Auto V in a comparable timeframe, and if it captures 10% of consumer spending on console games, it could generate around $4.5 billion in revenue for the firm.
- Cautious Earnings Outlook: Although Morgan Stanley expects Take-Two's upcoming earnings guidance to come in below consensus, the company's actual results have consistently exceeded conservative starting points over the past decade, indicating strong long-term growth potential.
See More
Take-Two's Q4 Earnings Preview Amid GTA VI Anticipation
- Earnings Expectations: Take-Two is projected to report a nearly 2% decline in revenue for Q4, with estimates around $1.55 billion; despite beating revenue estimates 50% of the time over the past year, the company has never surpassed EPS expectations, indicating cautious market sentiment.
- Management Outlook: The management has set Q4 net bookings guidance between $1.51 billion and $1.56 billion, with recurrent consumer spending expected to rise by approximately 7%, suggesting increased confidence ahead of key product launches.
- Annual Projections: The full fiscal year net bookings outlook has been raised to $6.65 billion to $6.7 billion, reflecting higher expectations for key titles in Q4, while recurrent consumer spending is projected to grow by about 17% in FY26, indicating long-term growth potential.
- Market Focus: Analysts are highly focused on the upcoming release of GTA VI, with an 80% probability assigned for its November launch; any delays or underperformance in live services like GTA Online or NBA 2K could materially impact near-term results and market sentiment.
See More
Major Earnings Reports Expected Thursday
- Zoom Earnings Preview: Zoom Communications (ZM) is set to release its earnings after Thursday's close, with the market anticipating performance amid sustained demand for remote work solutions.
- Take-Two Earnings Release: Take-Two Interactive Software (TTWO) will also report earnings on the same day, with investors keen on the impact of game sales and new product launches.
- Workday Earnings Anticipation: Workday (WDAY) is another key report, as analysts will assess its competitiveness in the enterprise software market and future growth potential.
- Ross Stores Earnings Update: Ross Stores (ROST) will announce its latest earnings, with the market focusing on its performance and strategic adjustments in a changing retail environment.
See More
TTWO to Announce Q4 Earnings on May 21
- Earnings Release Date: TTWO is set to announce its Q4 earnings on May 21, with market anticipation high for insights into the company's performance in a competitive gaming landscape.
- Earnings Expectations: Analysts forecast an EPS of $2.52 and revenue of $2.52 billion, reflecting confidence in the company's product lineup and future growth potential amid industry challenges.
- Stock Price Movement: Ahead of the earnings report, TTWO's stock fell by 0.6% to $236.62, indicating a cautious sentiment among investors that could impact short-term market performance as they await financial results.
- Analyst Ratings: Despite the recent stock decline, analysts maintain a “Buy/Outperform” rating on TTWO, suggesting strong confidence in the company's long-term growth prospects, which may attract further investor interest.
See More
Take-Two Expected to Triple EPS in Four Years
- Earnings Growth Projection: Take-Two is expected to triple its earnings per share over the next four years, indicating strong confidence in its future financial performance, which may attract increased investor interest.
- Upcoming Earnings Report: The company is set to release its fourth-quarter earnings on Thursday, with the market eagerly anticipating results that could further validate these earnings projections and drive stock price appreciation.
- Positive Market Reaction: With the earnings outlook improving, analysts may upgrade their ratings on Take-Two, enhancing market confidence in its stock and potentially increasing capital inflows.
- Strategic Growth Initiatives: Take-Two's growth strategy may include new game releases and market expansion, providing robust support for the company's future profitability.
See More
The Importance of Market Capitalization for Investors
- Market Capitalization Concept: Market capitalization is a crucial data point for investors as it accurately reflects the stock market's valuation of a company's stock, helping to prevent beginners from misjudging a company's worth based solely on stock price.
- Company Valuation Comparison: For instance, Occidental Petroleum Corp (OXY) has a market cap of $60.37 billion, while Take-Two Interactive Software, Inc. (TTWO) stands at $44.10 billion, highlighting the relative size differences between the two companies in the market.
- Portfolio Impact: Market capitalization determines a company's size tier among peers, which directly influences which mutual funds and ETFs are willing to hold the stock, particularly as large-cap funds typically focus on companies valued over $10 billion.
- Market Performance Analysis: At Wednesday's close, OXY's stock fell about 3%, while TTWO declined approximately 0.6%, reflecting differing market reactions to these companies and further emphasizing the significance of market capitalization in investment decisions.
See More
Take-Two Shares Poised for Lift from Grand Theft Auto VI Release
- Game Release Catalyst: Analysts predict that the long-awaited release of Grand Theft Auto VI in November will provide a strong boost to Take-Two's stock price, particularly as marketing campaigns ramp up, potentially leading to significant price appreciation.
- Market Performance Comparison: Since the beginning of 2026, Take-Two's stock has declined by approximately 5.4%, while the broader NASDAQ index has risen by 11.3%, indicating the company's vulnerability under AI competition pressures; however, the upcoming game release may reverse this trend.
- Optimistic Sales Forecast: Morgan Stanley forecasts that Grand Theft Auto VI will sell 40 million units in 2027, surpassing the 33 million units sold by Grand Theft Auto V in a comparable timeframe, and if it captures 10% of consumer spending on console games, it could generate around $4.5 billion in revenue for the firm.
- Cautious Earnings Outlook: Although Morgan Stanley expects Take-Two's upcoming earnings guidance to come in below consensus, the company's actual results have consistently exceeded conservative starting points over the past decade, indicating strong long-term growth potential.
See More
