Honestly, if you’ve spent any time looking at a ticker for Take Two Interactive Software stock price lately, you know it feels a bit like waiting for a slow-motion car crash—except the car is made of gold and the crash is actually a massive explosion of cash.
Right now, the stock is hovering around $244. It’s been a weirdly bumpy ride. One day everything looks rosy because NBA 2K26 is killing it, and the next, the "Grand Theft Auto VI" delay news drops and the stock takes a 10% nosebleed.
The big elephant in the room? November 19, 2026.
That is the current (and third) official release date for GTA VI. Investors are basically holding their breath, turning blue, and trying to decide if the current price is a steal or if they’re getting played by Rockstar Games' perfectionism.
The GTA VI Delay Drama and Your Wallet
Let’s be real: Take-Two (TTWO) is basically the "GTA Company" in the eyes of Wall Street, even if Strauss Zelnick tries to talk up Zynga and mobile growth. When Rockstar announced the game was sliding from May 2026 to November 2026, the stock didn't just dip—it plunged. We’re talking about $3 billion in bookings just vanishing from the fiscal 2026 ledger and sliding into fiscal 2027.
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It’s lumpy. That’s the word analysts like to use. "Lumpy earnings."
But "lumpy" is a nice way of saying "we don't make much money for five years and then we make all the money in the world in six months."
If you’re looking at the Take Two Interactive Software stock price today, you’re not buying the company’s current earnings. You’re buying a ticket to a show that starts in late 2026. Goldman Sachs and Wedbush have targets as high as $300, but that assumes Rockstar actually hits their November deadline. If that date slips into 2027? Expect another 10% haircut.
It’s Not Just About Stealing Cars
Surprisingly, the company isn't actually a one-trick pony. While everyone is staring at the GTA trailer for the 500th time, the 2K side of the house is quietly keeping the lights on.
- NBA 2K26 is doing massive numbers. Engagement is up about 27% year-over-year.
- Borderlands 4 and Mafia: The Old Country are both slated to be heavy hitters.
- Zynga now accounts for nearly half of the company’s total revenue.
That last point is kinda huge. By owning Zynga, Take-Two has a "floor." Even if console gamers are waiting years between releases, millions of people are playing Toon Blast and Words With Friends every single morning on the bus. This mobile steady-state revenue is why the stock hasn't totally cratered during these long development cycles.
The Analyst Outlook: Buy the Dip?
Most of the big brains on Wall Street are still screaming "Buy." Out of 28 analysts tracking the stock, 21 have a Strong Buy rating. They see the current price as a discount.
Why? Because the projected revenue for fiscal 2027 (the year GTA VI actually ships) is estimated at a staggering $11.9 billion. For comparison, they're looking at around $6.4 billion for fiscal 2026. That is a massive jump. It’s the kind of hockey-stick growth that makes fund managers drool.
What Most People Get Wrong About TTWO
The biggest mistake is looking at the P/E ratio. Right now, the P/E is messy because the company is spending billions on R&D without a major flagship release to offset it. If you look at it today, it looks overvalued.
But you have to look at the PEG ratio (Price/Earnings to Growth). Analysts expect earnings to grow by about 34% annually over the next few years. When you factor in that growth, the stock starts to look a lot cheaper than it does on a standard morning glance at Yahoo Finance.
Also, don't ignore the "Switch 2" factor. With Nintendo’s next console hitting the market, Take-Two is prime to port their massive back catalog. Civilization VII is already positioned for it. This gives them another "tail" of revenue that isn't dependent on the GTA VI launch window.
The Bear Case: What Could Go Wrong?
I wouldn't be doing my job if I didn't mention the risks. Rockstar is notorious for "it's done when it's done."
If GTA VI misses the 2026 holiday season, the stock will get crushed. Period. There is also the risk of "recurrent consumer spending" fatigue. If gamers stop buying VC (Virtual Currency) in NBA 2K or Shark Cards in GTA Online, the floor falls out from under the valuation.
Plus, the $80 price tag for premium games is becoming the new standard, and there's a limit to how much people will pay. Take-Two is betting big that their quality justifies the premium, but in a tight economy, that's a gamble.
How to Handle Take Two Interactive Software Stock Price Right Now
If you’re thinking about jumping in, don’t play the short-term game. This is a "set it and forget it" play for at least 18 to 24 months.
- Watch the February 3rd Earnings Call: Management will give updates on the "pipeline." If they sound confident about the November 2026 date, the stock might find a new support level above $250.
- DCA is your friend: Dollar-cost averaging is basically the only way to survive a stock this volatile. Buying a little bit every month helps smooth out the "GTA delay" dips.
- Look at the "technical support": Traders are watching the $228 level (the 200-day moving average). If it stays above that, the bull run is still alive. If it breaks below, it might be a long, cold winter.
Basically, you’re betting on the fact that Rockstar Games hasn't lost their touch. If GTA VI is even half as successful as GTA V—which has sold over 220 million copies—the current Take Two Interactive Software stock price will look like a bargain in the rearview mirror.
Next Step for You: Set a price alert for $230. If the stock hits that level before the February earnings call, it might represent a "buy the fear" opportunity before the next hype cycle kicks in.