Take-Two Stock Analysis: What GTA VI Means for the Outlook

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Take-Two Interactive is the New York publisher behind Grand Theft Auto. The Take-Two ticker is TTWO, and the shares are listed on Nasdaq.

The Take-Two stock price closed at $209.92 on 21 September 2026, according to Zacks data published on Yahoo Finance. That was roughly 21% below the 52-week high of $265.94 reached on 7 July 2026.

The GTA 6 release date is 19 November 2026. Take-Two repeated that date in its first quarter fiscal 2027 results. Most of the recent Take-Two stock news links back to this one launch.

TTWO shares are available through the Admirals stocks and ETFs investing account, alongside thousands of other US stocks.

Most analysts who cover the company currently rate the shares positively. Published 12-month targets run from $170 to $368, according to Investing.com. These are third-party opinions. Admirals does not endorse them, and they may prove wrong.

Take-Two at a Glance

Data comes from the company and from third-party market data providers. Figures can differ slightly between sources, and prices change constantly.

Who Is Take-Two Interactive?

Take-Two is one of the largest listed video game publishers in the world. Its best-known studio is Rockstar Games, maker of Grand Theft Auto and Red Dead Redemption.

The group also owns 2K, the label behind NBA 2K. Zynga is its mobile arm, bought in 2022.

Rockstar Games stock does not exist as a separate listing. Rockstar is wholly owned by Take-Two, so the parent company's shares are the only listed route to it.

GTA V has sold more than 230 million copies since its launch in 2013. In human terms, the game would now be picking its GCSE options.

For a wider look at the sector, see our guide to gaming stocks.

The Three Labels

Where the Money Comes From

Most revenue comes from players spending inside games they already own. Take-Two calls this recurrent consumer spending.

In the quarter to 30 June 2026, recurrent spending made up 84% of net bookings. Sales of new games made up the rest.

Net bookings is the company's preferred sales measure. It counts the value of products sold in a period, even when accounting rules spread the revenue over later months.

Accountants love GAAP, and gamers love loot. Net bookings sits somewhere in between.

Take-Two Stock Performance Over the Past Year

The past 12 months have been a bumpy ride. The shares set a record closing high of $262.29 on 20 October 2025, according to Macrotrends.

They then fell to a 52-week low of $187.63 on 27 March 2026. A rally took them to $265.94 in July before the latest slide.

Past performance is not a reliable indicator of future results. Reported moves come from news coverage at the time and are shown in US dollars.

What the Charts Showed in September

On 15 September 2026, the share price sat below its 50-day and 200-day moving averages, based on market data at the time. Moving averages summarise past prices. They do not predict what happens next.

Take-Two Financial Results: The Numbers Behind the Story

Full Year to 31 March 2026

Fiscal 2026 was a strong year even without GTA VI. The company reported net bookings of $6.72 billion, up 19%.

GAAP net revenue reached $6.66 billion. Management said on the results call that NBA 2K recurrent spending grew by more than 30%.

Take-Two Quarterly Earnings: Q1 Fiscal 2027

The latest Take-Two earnings report came out on 7 August 2026. Net bookings were $1.39 billion, slightly above the company's own guidance range.

The loss included a one-off impairment charge linked to a cancelled development project, according to the earnings call transcript.

You can read the full release on the Take-Two investor relations website at take2games.com/ir. The same document is filed with the SEC as an 8-K exhibit.

Guidance for the Year to 31 March 2027

When this outlook first came out in May 2026, it sat below many analyst estimates. The shares fell about 5% the next day.

Chief executive Strauss Zelnick told Barron's that the company tends to exceed its guidance more often than not. That is the company's own description of its record, and future results may differ.

For the quarter to 30 September, Zacks expects adjusted earnings per share of $0.83 and revenue of $1.66 billion. Both would be well below the same quarter last year.

GTA VI: The Launch Behind Every Take-Two Stock Forecast

What Is Confirmed

• The game launches on 19 November 2026 on PS5 and Xbox Series X|S.
• The Standard Edition costs $79.99 in the US, and the Ultimate Edition costs $99.99.
• Strauss Zelnick told shareholders on 17 September that GTA VI launches as a single-player game.
• A PC release date has not been announced.

What Is Still Unconfirmed

• Rockstar has not confirmed reports that an online mode will follow in 2027.
• Take-Two has not published any pre-order figures.

Sales Estimates From Third Parties

Estimates vary widely. The gap between the lowest and highest forecasts shows how uncertain launch sales are.

These figures are estimates from the named firms. Take-Two has not confirmed any of them.

Why the $80 Price Tag Matters

GTA VI is the first major console game priced above the old $69.99 ceiling. NYU Stern professor Joost van Dreunen told Reuters the higher price looks small next to the level of anticipation.

Console prices have climbed too. A PS5 with a disc drive now costs $649.99 in the US, and an Xbox Series X costs $799.99.

Pricier hardware could reduce the number of new players who buy a console for the game.

Take-Two Stock Forecast: What Analysts Publish

Analysts at major banks publish ratings and 12-month price targets on TTWO. The table shows selected views, as reported by CNN Markets and Investing.com.

Ratings and targets belong to the firms shown. They reflect each firm's view on the date listed and can change at any time. Admirals has not reviewed the models behind them.

The average Take-Two price target across the analysts tracked by Investing.com was $286.44. Other data providers show slightly different averages, because each follows a different group of analysts.

Take-Two analyst ratings lean heavily positive. Investing.com counts 28 buy ratings against one sell. Some commentators point out that one-sided opinion can itself be a risk.

Scenarios Published by Morgan Stanley

These are third-party projections based on the bank's own assumptions. Forecasts are not a reliable indicator of future performance.

Valuation in Plain English

The price-to-earnings ratio, or P/E, compares the share price with profit per share. Take-Two made a GAAP loss over the past year, so its trailing P/E is negative.

Analysts therefore look ahead. Zacks puts the forward P/E at about 29 times, against an industry average of about 16 times.

A high multiple means the market expects strong future profits. If those profits arrive later or turn out smaller, the multiple can shrink.

Take-Two Stock Price History Around Big Launches

Big Rockstar launches have not always lifted the share price straight away.

In each case, the shares rose over the following years as the games kept selling.

Past performance is not a reliable indicator of future results. Market conditions around those launches were very different from today.

Risks the Market Is Weighing

• Rockstar has already delayed GTA VI twice, and a further delay would push back revenue.
• Gameplay videos leaked online from 18 August 2026, and Take-Two has taken legal action to find the source.
• The Federal Reserve raised its target range to 3.75% to 4.00% on 16 September 2026, which can weigh on growth shares.
• Higher console prices could slow growth in the number of players.
• Recurrent spending from GTA VI may only begin once an online mode launches.
• Mobile bookings fell 7% in the quarter to 30 June 2026.
• Company insiders, including the chief executive, sold shares during 2026, according to SEC Form 4 filings.

Take-Two Stock News: Dates to Watch

How TTWO Earnings Days Have Moved the Shares

The next TTWO earnings date is expected on 5 November 2026. Before the May and August reports, options pricing implied moves of roughly 8% to 9%, based on options data reported at the time.

Implied moves reflect market pricing on the day. Actual moves can be larger or smaller.

What Investors Often Check Before Deciding

This section describes common research steps. It is general information and does not tell you what to do with your money.

• Many investors start with the latest results release and slide deck on the company's investor relations site.
• Comparing the company's outlook with analyst forecasts shows where expectations sit.
• It helps to know how much of the business depends on a single title.
• Past launches give useful context, although history may not repeat.
• Investors usually decide in advance how much they could afford to lose.
• A demo account lets beginners see how orders and price swings work before using real money.

Our articles on shares cover these basics in more detail.

How to Get Exposure to TTWO Stock

There are two common ways to follow the Take-Two share price.

Admirals offers access to thousands of US shares, including Take-Two Interactive Software stock. Availability and costs vary by region. Please check the account terms before opening an account.

If you want to know how to buy Take-Two shares, the investing account page linked earlier in this article walks through each step. You can also read more about Admirals.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. [XX]% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Has There Been a Take-Two Stock Split?

Yes, once. Market data from Investing.com shows a single split in the company's history.

The company has not announced any new split. A split changes the number of shares. The total value of the company stays the same.

Take-Two Stock Outlook: Both Sides of the Debate

The Take-Two stock outlook depends heavily on GTA VI. Here is how supporters and critics tend to frame it, based on published commentary.

Both lists are incomplete. Each investor should weigh these points against their own goals and circumstances.

Whatever happens on 19 November, the Take-Two Interactive stock story is unlikely to be quiet.

FAQ

What is the Take-Two ticker symbol?

Take-Two Interactive trades on the Nasdaq exchange under the ticker TTWO, and its shares are priced in US dollars.

When is the GTA 6 release date?

Grand Theft Auto VI is scheduled to launch on 19 November 2026 for PS5 and Xbox Series X|S consoles.

When are the next Take-Two earnings?

Take-Two is expected to report its fiscal second quarter 2027 results on or around 5 November 2026.

Does Take-Two pay a dividend?

Take-Two does not currently pay a dividend and has historically used its cash for game development and acquisitions.

What is the Take-Two market cap?

At a share price near $210, Take-Two's market value was roughly $39 billion in late September 2026.

What do analysts say about Take-Two stock?

Most covering analysts rate the shares positively, with published targets ranging from $170 to $368 as of September 2026.

Is Take-Two profitable?

Take-Two reported a GAAP net loss last quarter, and its full-year outlook points to only a small GAAP profit.

Has Take-Two ever split its stock?

Market data shows Take-Two has split its shares once, and the company has not announced any further split.

Can I trade Take-Two shares with Admirals?

Admirals offers Take-Two shares and share CFDs in many regions, subject to your eligibility and local product rules.