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TTWO · Analysis updated Nov 5, 2026, 11:48 AM ET
Why is Take-Two Interactive Software (TTWO) stock moving?
Take-Two is trading in a pre-catalyst window. GTA VI launches Nov 19, and fiscal Q2 results are due Nov 9. The stock hit a 52-week low of $183.86 on Oct 30 and has since bounced to about $209, still well below the $265.94 high from July. Demand signals are strong: a Piper Sandler teen survey found 70% of next-generation console owners plan to buy the game. Company guidance of $8.0-8.2B in FY27 net bookings rests on the launch. Against that, analysts expect weak Q2 bookings (Piper models $1.64B, down 16%). Third-party data points to softness in mobile and NBA 2K, and BTIG, Wedbush and BofA have trimmed price targets, though all kept positive ratings. Price targets of $262-$290 imply large upside, and the stock trades at about 20x calendar 2027 earnings, below its ten-year average. Key risks are a delay announcement, a launch that falls short of lofty expectations, and a sell-the-news reaction. Market price and volume data was unavailable, so the technical picture is unconfirmed.
News behind the analysis
- Take-Two Shares Rise 1.5% as Teen Survey Signals Strong Demand for GTA 6A Piper Sandler survey of about 9,000 teens found 70% of newest-generation console owners plan to buy GTA 6. Piper projects Q2 bookings of $1.64B, down 16% year over year.
- Piper Sandler keeps Take-Two stock rating on GTA 6 survey dataPiper Sandler reiterated Overweight with a $290 price target. The stock was near its 52-week low of $183.86.
- Wedbush lowers Take-Two stock price target to $280 on lower earningsWedbush cut its target to $280 from $300 and kept Outperform. It cut its fiscal 2029 EPS estimate to $9.98 from $11.19.
- Take-Two Interactive Software (TTWO) Stock Price, News & AnalysisMarketBeat tracked 16 articles on TTWO this week, about double a normal week. The stock was about $209.70, down 18.1% year to date.
- Take-Two Interactive Software, Inc. (TTWO) Stock Price, News, Quote & HistoryTake-Two heads into the Nov 19 GTA VI launch. Q2 results may show weaker bookings, mobile performance and earnings.
- TTWO: Take-Two Interactive Software, Inc. - Stock Price, Quote and NewsThe 52-week low of $183.86 was set on Oct 30, and the 52-week high of $265.94 on Jul 7. Forward P/E is about 25.6.
- Take-Two Stock (TTWO) price and recent newsBTIG cut its target to $262 from $313 and kept Buy. Reports of a 210 GB GTA VI file size and a rumored PC port window have also moved the shares.
- Take-Two (TTWO) Q3 earnings preview: GTA VI launch is the critical catalystQ2 results are due Nov 9. Investors will watch whether management reaffirms the Nov 19 launch, plus FY2027 bookings guidance and pre-order momentum.
- GTA 6 Fans Are Excited For Another Date In November, And It's Not Release DayTake-Two reports Monday, Nov 9, with a call at 4:30 PM ET. GTA is under 15% of revenue in a typical quarter.
- Google Finance: TTWO newsBTIG cut its target on mobile and NBA 2K weakness. Piper Sandler's Buy rating drew coverage ahead of the Nov 19 launch.