Take-Two Interactive Software, (TTWO) Stock Price & How to Invest

Take-Two Interactive Software is a leading global developer, publisher, and marketer of interactive entertainment, operating through three labels: Rockstar Games, 2K, and Zynga. Rockstar makes the Grand Theft Auto and Red Dead Redemption franchises; 2K publishes the NBA 2K basketball series plus shooters and strategy titles; and Zynga, acquired in 2022, gives Take-Two a large mobile and free-to-play business. A defining feature of the model is recurrent consumer spending, meaning in-game purchases, virtual currency, and add-on content, which in recent quarters has made up roughly 80% or more of net bookings and smooths revenue between major releases.

In mid-2026 the story is overwhelmingly about Grand Theft Auto VI, scheduled to release on November 19, 2026, the follow-up to one of the best-selling entertainment products ever. For fiscal 2026 (ended March 2026) Take-Two reported net revenue of roughly $6.66 billion and net bookings of about $6.72 billion, and it guided fiscal 2027 net bookings to a range of about $8.0 billion to $8.2 billion, reflecting the expected GTA VI launch. The company reports fiscal Q1 2027 results on August 7, 2026, its first update covering the GTA VI pre-order window. Because so much value hinges on one release and the online spending that follows it, the stock is unusually sensitive to launch dates, reviews, and monetization trends.

The dominant risk is concentration: an outsized share of Take-Two's expected value rests on a single release, so any delay, weak critical reception, or softer-than-hoped online monetization would hit the stock hard, especially since expectations are already elevated. Game development is notoriously prone to slippage, and GTA VI has already seen its window shift. The business is also hit-driven and cyclical, with long gaps between major Rockstar titles. Zynga adds mobile-platform and advertising exposure that can soften with the ad cycle and platform-fee changes. Broader risks include competition for player time and spending, potential regulation of in-game monetization and loot mechanics, and a valuation that leaves little room for disappointment if the launch underwhelms.

29 analysts publish price targets on TTWO, averaging $284.14 against a $242.92 price as of August 2026, or +17.0%. The published targets run from $170.00 to $368.00, a moderate spread, and the ratings split 28 buy, 0 hold, 1 sell. Over the last six months there have been 4 raises and 1 cut among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full TTWO forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Take-Two Interactive Software,. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Grand Theft Auto VI launch. The November 19, 2026 release of GTA VI is the central catalyst. The most optimistic published target, $368.00, assumes this works close to its best case.

The case against. The dominant risk is concentration: an outsized share of Take-Two's expected value rests on a single release, so any delay, weak critical reception, or softer-than-hoped online monetization would hit the stock hard, especially since expectations are already elevated. The most pessimistic target, $170.00, is roughly what TTWO is worth if this bites instead.

Read the full bull and bear case on TTWO, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Take-Two Interactive Software,'s investor relations page or your broker.

• Fiscal 2026 net revenue: ~$6.66 billion (fiscal year ended March 2026), with net bookings ~$6.72 billion
• Recurrent consumer spending: roughly 80% or more of net bookings in recent quarters
• Fiscal 2027 net bookings guidance: ~$8.0 billion to $8.2 billion (reflecting the GTA VI launch)
• Profitability: GAAP results have been pressured by development spend and Zynga-related amortization; management guides a return to modest profitability in fiscal 2027
• Next earnings: Fiscal Q1 2027 report on August 7, 2026 (first update covering the GTA VI pre-order window)
• Valuation lens: Trades on forward bookings and future free cash flow rather than trailing earnings, so multiples look elevated ahead of the launch

Figures are approximate and tied to the asOf date; verify live numbers before acting. Take-Two is valued largely on anticipated GTA VI economics rather than trailing profits, so traditional trailing P/E is not very meaningful here. That makes the stock especially sensitive to any change in the launch date, unit expectations, or the trajectory of recurring online spending. Analyst price targets vary widely depending on how bullish each views GTA VI online monetization.

If you want TTWO exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

Other names that sit close to TTWO: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get TTWO exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (XLC, JTEK), which spreads the position across many companies. Or build it into a focused thematic portfolio, so TTWO sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where TTWO fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Take-Two is a high-profile bet on Grand Theft Auto VI and the recurring online spending that follows a blockbuster launch. The upside is a franchise event with few peers; the risk is that a slip, weak reception, or soft in-game monetization would leave a stock already pricing in success looking expensive.

Whether TTWO is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is TTWO a buy or a sell?, and where the stock could go from here in the TTWO stock forecast.

For income investors, whether TTWO pays a dividend and how the payout looks is covered in does TTWO pay a dividend? And to weigh TTWO against a peer, read the full side-by-side comparisons: TTWO vs EA and TTWO vs MSFT.