Back in late August, we highlighted how gaming stocks were exploding — and pointed out that most still had plenty of upside left. One of those names was Take-Two Interactive (TTWO), which was trading at $230.82 at the time.
Fast forward to today, and TTWO has climbed to $251.41 — with potential to push even higher.
The Grand Theft Auto VI Catalyst
The biggest driver on the horizon? The long-awaited release of Grand Theft Auto VI (GTA VI).
-
GTA V sold an astounding 210 million copies, making it the third best-selling game of all time.
-
Analysts now project GTA VI could sell as many as 250 million copies over its lifetime.
With such massive demand, the game could become one of the most significant revenue events in the company’s history. It’s not hard to imagine TTWO testing the $270 level as excitement builds toward launch.
Earnings Support the Story
Recent earnings results add another layer of strength:
-
EPS loss of $0.07 beat expectations by $0.65.
-
Revenue of $1.5 billion, up 12% year over year, topped estimates by $190 million.
-
FY2026 guidance for net bookings raised to $6.05B–$6.15B (vs. consensus $6.04B).
-
Adjusted EBITDA guidance lifted to $827M–$886M (from $793M–$847M).
This kind of performance, paired with a blockbuster franchise release on the way, reinforces TTWO’s bullish outlook.
The Takeaway
From both a technical perspective and a fundamental growth story, Take-Two remains one of the most compelling gaming stocks on the market. With GTA VI on the horizon and strong earnings momentum, TTWO could continue its climb toward $270 and beyond.
About the Author
Ian Cooper is an experienced trader who uses a combination of technical, fundamental, and news analysis to help individual investors grow their wealth. Learn more about Ian’s Premium Options Strategies.