Take-Two Interactive stock (TTWO) overview

Grand Theft Auto VI has a release date. And for Take-Two Interactive investors, that changes everything.

Rockstar Games confirmed GTA 6 launches on 19 November, 2026. TTWO jumped 3.7% in pre-market trading on the news. Analyst sentiment has been broadly positive since. 

What is Take-Two Interactive?

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is a New York-based publisher, developer, and distributor of interactive entertainment. Founded in 1993 and listed on NASDAQ, it has grown into one of the most recognisable names in gaming through a combination of organic development and strategic acquisitions.

Its business model has shifted from physical game sales toward digital distribution and recurring revenue, including in-game purchases, subscriptions, and live-service content.

Who owns Take-Two? Take-Two is a publicly traded company owned by its shareholders rather than by a single person or parent company. The shareholder base is heavily institutional, with major asset managers including BlackRock, Vanguard, and State Street among the largest holders. Because ownership databases update on different schedules, exact percentages vary by source and date. 

Key subsidiaries and game franchises

Take-Two operates through three major studios: 

• Rockstar Games created Grand Theft Auto and Red Dead Redemption. GTA V has sold more than 200 million copies. 
• 2K Games publishes NBA 2K, Borderlands, and BioShock. 
• Zynga, acquired in 2022, brought mobile gaming into the portfolio with titles like FarmVille and Words With Friends.

Take-Two Interactive stock performance

As of late June 2026, TTWO trades at approximately $238.53 and has a market capitalisation of approximately $44.46 billion.

The stock hit a 52-week low of $187.63 as launch delays weighed on sentiment, before recovering to trade above both its 50-day ($223.45) and 200-day ($230.78) moving averages.

TTWO was down roughly high single digits to low double digits year to date in 2026 before rebounding on GTA 6 news. The recovery since then has been sharp.

Versus peers: Over the past 52 weeks, EA has meaningfully outperformed TTWO, reflecting the fact that TTWO’s value is heavily tied to a single upcoming release. If GTA 6 delivers, the performance comparison could look very different in 12 months’ time.

TTWO revenue, earnings and growth

Take-Two reported fiscal Q4 2026 (quarter ended March 31, 2026) net revenue of $1.68 billion, with a net loss of $59.5 million and a loss per share of $0.32. For the full fiscal year 2026, net revenue was $6.66 billion, with net bookings of $6.72 billion.

What comes next matters more. For fiscal year 2027, management has guided:

• Revenue of $7.9 billion to $8.1 billion
• Net bookings of $8.0 billion to $8.2 billion
• Diluted EPS of $0.55 to $0.75
• GAAP profitability in FY2027

That step-up is driven largely by GTA 6, which management has explicitly highlighted.

Growth drivers and future outlook: the GTA 6 effect

GTA 6 is the single biggest catalyst in Take-Two's history. With a confirmed November 19, 2026 launch date, pre-orders live for PS5 and Xbox Series X/S, and pricing set at $79.99 (Standard) and $99.99 (Ultimate) in the US, the commercial setup is in place.

GTA V generated revenue for over a decade through GTA Online. If GTA 6 follows a similar pattern, the recurring revenue tail could support Take-Two’s growth well into the 2030s. The broader pipeline includes Borderlands 4 and ongoing NBA 2K releases, but November is what matters most right now.

Analyst consensus reflects this optimism. With roughly 17 to 30 analysts covering the stock, depending on the source, the average price target sits around $290 to $293. Bank of America has one of the highest published targets at $368. The consensus rating is generally Buy or Moderate Buy.

Investing in Take-Two Interactive stock

Opportunities:

• GTA 6 launch creates a potentially transformational revenue year
• Management guiding to GAAP profitability in FY2027
• Strong recurring revenue from GTA Online, NBA 2K, and Zynga's mobile portfolio
• A heavily institutional shareholder base includes BlackRock, Vanguard, and other large investors

Risks:

• Heavy dependence on a single title for near-term growth. Any delay or disappointment in GTA 6 would hit the stock hard
• The company has posted net losses while investing in development; profitability is guided but not yet delivered
• Premium pricing ($79.99/$99.99) could dampen initial sales volumes
• EA has meaningfully outperformed TTWO over the past year, highlighting the execution risk of a release-cycle-dependent model

TTWO is available to trade as a Share CFD on OANDA under the ticker TTWO.US. Trading hours are Monday to Friday, 15:30 to 22:00 (London time). CFD trading means you do not own the underlying shares. You speculate on price movements. Check the OANDA instrument page directly for current leverage, margin requirements, and overnight swap rates.

Open a free demo account to explore TTWO before committing real capital.

FAQ

Does Take-Two Interactive pay a dividend? 

No. Take-Two does not currently pay a dividend. The company reinvests its capital into game development and acquisitions. Dividends are not expected in the near term.

What are the main products of Take-Two Interactive? 

Take-Two’s flagship franchises include Grand Theft Auto (Rockstar Games), Red Dead Redemption (Rockstar Games), NBA 2K (2K Games), Borderlands (2K Games), and mobile titles from Zynga, including FarmVille and Words With Friends.

How has TTWO stock performed over the long term? 

TTWO has delivered strong long-term returns over the past decade. Short-term performance has been volatile, tied to game release cycles. The stock was down in the high single digits to low double digits year-to-date in 2026 before rebounding sharply on GTA 6 news.

What is the Take-Two Interactive stock forecast?

Analyst consensus points to an average price target of around $290 to $293, with the consensus rating generally Buy or Moderate Buy. The outlook is closely tied to the GTA 6 launch cycle and management's FY2027 revenue guidance of $7.9 billion to $8.1 billion.

This article is for informational purposes only and does not constitute investment advice or a recommendation. CFDs are complex instruments and carry a high risk of rapid loss of capital due to leverage. Please ensure you understand the risks involved. Past performance is not indicative of future results.