Take-Two Interactive (TTWO) Stock Climbs 13% Ahead of Earnings and GTA VI Launch
Key Takeaways
- •Take-Two shares closed Friday at $214.87 after a 13% weekly gain, the stock's strongest week in nearly five months, and rose further in overnight trading.
- •The fiscal second-quarter earnings report due after the close on Monday, Nov. 9, is the last quarterly update scheduled before Grand Theft Auto VI launches on Nov. 19.
- •Analysts expect quarterly revenue of $1.66 billion, down from $1.96 billion a year earlier, while earnings estimates diverge between a per-share loss of 86 cents and an adjusted profit near 97 cents.
- •Take-Two has kept its fiscal 2027 bookings outlook at $8 billion to $8.2 billion and in August described GTA VI pre-order demand, open since June 25, as unprecedented.
- •Analyst price targets on the stock range from $262 to $330, and insiders sold about $165.1 million of shares over the past year with no buying reported.
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) closed Friday at $214.87, up 0.7% on the day, capping a 13% weekly gain — its strongest week in nearly five months. In overnight trading, the stock edged up another 1.3% to about $217.66.
Traders are now focused on the company's fiscal second-quarter earnings report, due after the closing bell on Monday, Nov. 9 — just ten days before the launch of Grand Theft Auto VI on Nov. 19.
"It's November. Grand Theft Auto VI launches THIS MONTH! 18 days to go."
— CharlieIntel (@charlieINTEL) via X, November 1, 2026
Grand Theft Auto VI lands on Nov. 19 on PlayStation 5 and Xbox Series X|S, the first all-new entry in the series in over a decade. That makes Monday's report the last quarterly update scheduled before launch day, and investors are hoping for fresh details from the company and, possibly, a first look at pre-order numbers.
Pre-orders opened on June 25. In August, Take-Two described demand as "unprecedented" while leaving its fiscal 2027 bookings outlook unchanged at $8 billion to $8.20 billion. Because Take-Two's fiscal year runs through March 31, the Nov. 19 launch falls inside fiscal 2027 — the same period that outlook covers. The franchise's predecessor, GTA V, has sold more than 230 million units since its release in 2013.
What Wall Street Expects From the Report
Analysts expect revenue of $1.66 billion for the quarter, down from $1.96 billion a year earlier. Take-Two's own forecast for the September quarter was $1.62 billion to $1.67 billion, which came in below market estimates at the time.
Earnings figures differ by data provider. Benzinga cites a loss of 86 cents a share, versus a loss of 73 cents a year ago, while Koyfin and GuruFocus show an adjusted profit near $0.97 to $0.98.
Take-Two has struggled to beat EPS estimates over the past year, meeting revenue expectations only half the time, according to GuruFocus.
Valuation is also in focus. The price-to-sales ratio sits at 5.95, above its historical median of about 5.3. Trailing twelve-month EPS is negative $1.73, so the P/E ratio does not apply. GuruFocus puts the stock's GF Value near $238.
Whether management revisits the fiscal 2027 bookings outlook — or offers fresh color on the final launch push — will be among the items watched on Monday's call, with GTA VI's release ten days away.
The Analyst Price Target Ladder
Price targets on the stock currently range from $262 to $330.
- Macquarie initiated coverage on Nov. 6 with an Outperform rating and a $300 target, implying roughly 40% upside from the last close.
- Bank of America cut its target to $330 from $368 on Oct. 27 and kept a Buy rating.
- BTIG trimmed its target to $262 from $313 on Nov. 4, pointing to softer mobile data and lower NBA 2K forecasts; it also kept a Buy rating.
- Freedom Capital Markets holds a Buy rating with a $293 target.
- Roth Capital raised its target to $300 from $295 in August.
Insiders sold about $165.1 million of stock over the past year, with no buying reported. Of eight tracked funds holding the stock, four added to their positions and four trimmed them.
Source: CoinCentral
