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TTWO | GTA 6 Is About to Change Take Two ForeverWhile everyone’s gettin ready for GTA 6 to once again destroy the internet on August 27, TakeTwo is preparing for something even bigger, a potential $8.2 billion year
TakeTwo Interactive delivered a solid start to fiscal 2027, with Q1 net revenue reaching $1.53 billion, up from $1.50 billion a year earlier and above the company’s own $1.45-$1.50 billion guidance range. Net Bookings came in at $1.39 billion, slightly above the $1.32-$1.37 billion target, although bookings were down 3% year over year from $1.42 billion.. The biggest positive was the performance of the company’s core franchises, particularly NBA 2K and Grand Theft Auto
Recurrent consumer spending, which represents a critical recurring component of Take-Two’s business, declined only 1%, better than the expected 3% decline. NBA 2K bookings grew 7%, while the GTA series increased 3%, helping offset weakness in mobile
💵 Revenue Is Holding Up, But Profitability Took a Hit
The headline revenue number looks healthy, but profitability was considerably weaker. Take-Two reported a GAAP net loss of $34.1 million, or $0.18 per share, compared with a $11.9 million loss, or $0.07 per share, in the same quarter last year. Gross profit fell to $882.5 million from $945 million, largely because the cost of revenue increased sharply to $651.4 million from $558.8 million
Research and development spending also increased to $273.8 million, while general and administrative expenses rose to $226.3 million. One important factor was a $43.4 million impairment charge related to Take-Two abandoning an unannounced third party title.. EBITDA also declined from $225.5 million to $167 million, showing that the quarter was not simply a GAAP accounting problem
📱 Mobile Is the Weak Spot, While NBA 2K and GTA Carry the Business
The underlying portfolio remains relatively strong, but the numbers show an important divergence between Take-Two’s businesses. NBA 2K and GTA continue to generate momentum, while mobile is becoming a drag. Management said Q1 RCS declined only 1%, versus its previous expectation of a 3% decline, with NBA 2K up 7% and the GTA series up 3%, while mobile declined 7%. For the full fiscal year, TakeTwo expects RCS to be roughly flat year over year, assuming NBA 2K grows in the high single digits, GTA continues to expand, and mobile declines as last year's exceptional performance from Color Block Jam moderates . This makes the company's reliance on its major franchises particularly important, because Take-Two needs its established IP to compensate for softer mobile trends until the next major growth cycle arrives.
🌴 GTA VI Could Completely Change the Financial Picture
The biggest reason investors remain focused on TTWO is, of course, Grand Theft Auto VI. TakeTwo continues to target a November 19, 2026 launch, making the game the centerpiece of fiscal 2027. The company is maintaining its full year Net Bookings guidance of $8.0-$8.2 billion, which represents roughly 20% growth at the midpoint compared with fiscal 2026. The upcoming release slate also includes NBA 2K27 on September 4, 2026, followed by GTA VI in November. Beyond those two blockbusters, the announced pipeline includes titles such as PGA TOUR 2K27, WWE 2K27, Judas, Project ETHOS, and the next BioShock
The important point for TTWO shareholders is that GTA VI does not have to carry the entire company forever. Management is simultaneously trying to expand live services, extend existing franchises, launch new IP and pursue international expansion.
📊 Guidance Shows a Massive Second Half Setup
Take-Two's guidance suggests that management expects the biggest acceleration later in the fiscal year. For FY2027, the company forecasts $7.9-$8.1 billion in GAAP revenue, $104-$143 million in net income, and $0.55-$0.75 in GAAP EPS. EBITDA is expected to reach $993 million-$1.053 billion, while operating cash flow is projected to exceed $1 billion. Capital expenditures are expected to be around $290 million, partly because of a planned real-estate purchase. The near term Q2 outlook is much less exciting: revenue is expected at $1.42-$1.47 billion, Net Bookings at $1.62-$1.67 billion, RCS is projected to decline about 5%, and GAAP EPS is expected to be between -$0.84 and -$0.75
In other words, investors should expect another relatively weak quarter before the GTA VI driven period potentially transforms the earnings trajectory
📈 TTWO's Investment Case Comes Down to Execution
TakeTwo's earnings present a mixed but increasingly bullish setup..
The current quarter was not spectacular from a profitability standpoint, with lower EBITDA, a larger GAAP loss and weaker mobile performance, but the company's core franchises remain healthy and bookings exceeded guidance.. More importantly, management did not reduce its $8.0-$8.2 billion FY2027 Net Bookings outlook, despite the softer mobile environment. That leaves GTA VI as the critical catalyst for the stock. If the November launch arrives on schedule and the game generates the enormous consumer demand expected from the franchise, TakeTwo could move from a relatively low profitability period into a much stronger cash-flow and earnings cycle
The major risks are equally clear, another GTA VI delay, weaker than expected launch demand, continued mobile weakness, rising development costs, or excessive dependence on a handful of blockbuster franchises. For investors, TTWO is therefore less about what happened in Q1 and much more about whether the company can successfully convert the GTA VI launch pipeline into the $8+ billion bookings and $1+ billion operating cash flow opportunity management is forecasting.
Long 
$TTWO Target $200.26 Looks Extreme—Until $228.89 Gives WayA 17.6% decline sounds aggressive while TTWO is still trading in the $240s, but the chart has already started building the sequence that could make it reasonable. The real decision sits inside the crowded support structure between $242.18 and $228.89.
The rejection matters more than the distance
TTWO reached approximately $262 in July and immediately gave the move back. Price lost $251.03, recovered toward $248, and ran directly into the descending resistance line.
That second attempt could not retake the previous high. It produced a lower high underneath resistance, followed by another rejection. That behavior creates the possibility of a developing right shoulder, with $228.89 acting as the neckline.
The pattern is not complete yet. Price remains above the neckline, and the latest candle traded down to $237.96 before recovering to $242.92. Buyers are still responding inside support. The downside thesis depends on those responses becoming weaker each time price tests the area.
That distinction matters. I am not treating $200.26 as a prediction based on one red candle. I am watching a sequence in which price failed near $262, failed again beneath $251.03, and is now pressuring the support structure underneath it.
Why $200.26 is a logical destination
The target is approximately 17.6% below the visible $242.92 close. That sounds substantial until the chart is divided into the levels price would have to lose along the way.
The first battlefield runs from $242.18 through $237.35. Price has repeatedly moved through this area, which tells me it can create reactions without necessarily stopping the larger move. Sustained trading beneath $237.35 would expose $233.63.
Below that sits the real structural test: the $228.89 neckline and the rising moving average near $227.46. This is where I would expect buyers to make their strongest stand. It combines visible structure, a prior breakout area, and dynamic support.
If TTWO loses that cluster and cannot reclaim it, the chart changes character. The market would no longer be defending the structure that supported the recovery from June. It would also complete the neckline failure beneath the developing reversal pattern.
That opens the route toward $215.20.
A bounce around $215.20 would make sense because it is the next clearly marked extension and a previous reaction area. That bounce would not automatically repair the chart. If price rallies from $215.20 and fails beneath the broken $228.89–$233.63 region, the former support would begin functioning as resistance.
That failed recovery would make $200.26 the next probable destination.
The target sits at the top of the chart’s larger demand zone, close to the area where TTWO previously based before its spring expansion. The lower boundary is marked near $193.06. My thesis only requires price to reach the upper edge of that zone; it does not depend on TTWO collapsing through the entire structure.
The route I’m watching
The probable sequence is:
Failure to regain the descending resistance line and $251.03
Acceptance below $242.18
Weakening reactions around $239.62 and $237.35
Loss of $233.63
Breakdown and failed reclaim of the $228.89–$227.46 neckline area
Reaction near $215.20
Continuation into the $200.26 demand-zone target
TTWO reports fiscal first-quarter results before the market opens on August 7. That event can compress several stages of this route into one gap, or temporarily erase the clean technical sequence. The levels still matter, but earnings can change how price travels between them.
What changes the present route
A sustained reclaim of $251.03 and the descending resistance line would damage the immediate bearish sequence. Price would be recovering the level that rejected the latest rally and would have another opportunity to attack the July high.
A break above approximately $262 would invalidate the current lower-high structure altogether. The $200.26 destination could remain relevant later, but this specific route would no longer be the reason.
Until TTWO proves it can reclaim $251.03, the chart remains vulnerable. Most traders will focus on whether $240 holds; the larger move will be decided by what happens after $228.89 stops holding.
Direction: Short thesis
Time horizon: Multi-week swing
Key levels: $251.03, $242.18, $233.63, $228.89–$227.46, $215.20, $200.26 target Short 
TTWO — Entering a Transformational Growth CycleTake-Two Interactive Software, Inc. NASDAQ:TTWO is a leading video game developer and publisher behind blockbuster franchises including Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and BioShock, with additional growth driven by its Rockstar Games, 2K, and Zynga businesses.
Key Catalysts:
GTA VI launch:
The highly anticipated Grand Theft Auto VI, scheduled for November 19, 2026, is expected to become one of the biggest entertainment releases ever, driving substantial game sales, player engagement, and recurring in-game spending.
Strong financial outlook:
Management expects fiscal 2027 net bookings of $8.0–$8.2 billion, a significant increase from $6.72 billion in fiscal 2026, reflecting confidence in the company's upcoming product cycle.
Recurring digital revenue:
Ongoing monetization through downloadable content, live services, virtual currency, and in-game purchases continues to generate high-margin recurring revenue across major franchises.
Diversified portfolio of premium IP:
Beyond GTA, Take-Two benefits from globally recognized franchises including NBA 2K, Red Dead Redemption, Borderlands, and BioShock, reducing reliance on a single title while supporting long-term growth.
Multi-platform expansion:
Continued growth across Rockstar Games, 2K, and Zynga strengthens Take-Two's presence in console, PC, mobile, and live-service gaming markets.
Investment Outlook:
Bullish above: $208.00–$210.00
Upside target: $340.00–$350.00
Supported by the GTA VI launch, accelerating net bookings, recurring digital revenue, and a portfolio of world-class gaming franchises, Take-Two is well positioned for its next phase of long-term growth.
📢 TTWO — Positioned to benefit from one of the most anticipated game launches in history while expanding recurring digital revenue across its franchise portfolio. Long 
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Take-Two Interactive Software Set to Deliver?Take-Two Interactive Software Inc. (NASDAQ: TTWO) is scheduled to report its fiscal fourth-quarter earnings after the market closes on May 21, and while the financial results themselves are expected to come in largely in line with Wall Street's forecasts, investors are likely to pay far more attention to one specific topic: the launch timing of the long-awaited Grand Theft Auto VI.
According to analysts at Wedbush, the upcoming earnings call could represent a decisive "go/no-go" moment for what is arguably the most highly anticipated video game release in history. In a research note published ahead of the report, the firm reiterated its 'Outperform' rating on Take-Two shares and maintained a $300 price target.
The analysts pointed to Rockstar Games' historical pattern of announcing major delays roughly six months before a scheduled launch. That puts the upcoming earnings call in late May squarely within a critical window. If management does not announce a delay during the call, Wedbush said its confidence that the November launch date will hold would rise to more than 90%. Conversely, any indication of a slippage—even a modest one of a few months—could trigger a sharp negative reaction in the stock, given how much of Take-Two's near-term valuation rests on the successful and timely release of the title.
Adding to the anticipation, Wedbush highlighted a leaked marketing email from Best Buy's affiliate network that appeared to reference physical pre-orders for GTA VI potentially going live sometime between May 18 and May 21. While the exact dates could still shift, the analysts argued that the broader implication of such a leak is significant. Best Buy, as one of the largest physical video game retailers in North America, would not begin preparing a pre-order promotional campaign without receiving the green light from Take-Two. And Take-Two, in turn, would only grant that approval if it had a high degree of confidence in the November release timeline.
In other words, the appearance of pre-order marketing collateral, even in leaked form, suggests that behind the scenes, Take-Two and its retail partners are moving forward with launch preparations. That does not guarantee the date will hold—unforeseen development challenges could still emerge—but it does raise the bar for any potential delay announcement. For investors, the combination of historical delay patterns, the timing of the earnings call, and the leaked retail activity creates an unusually high-stakes moment.
Beyond the GTA VI commentary, the actual quarterly results are expected to be relatively uneventful. Take-Two has guided for fiscal fourth-quarter bookings in the range of
1.35 billion, with net bookings per share expected to fall within a comparable range. The company's established catalog—including NBA 2K, Red Dead Redemption 2, and mobile properties such as Zynga's Puzzle Saga—continues to generate steady, recurring revenue. However, none of those titles move the needle the way GTA VI does. As such, the earnings call will likely be judged not on the numbers themselves, but on what management says—or does not say—about the flagship release.
For shareholders and potential investors, the key takeaway is that risk and reward are both unusually concentrated around a single event. A reaffirmation of the November 19, 2026, launch date would almost certainly be viewed as a major positive, potentially driving the stock toward Wedbush's $300 target in the ensuing weeks. A delay, even one framed as a modest pushback of a few months, could lead to a significant pullback as investors reset expectations for when the bulk of GTA VI-related revenue—and the associated lift in Take-Two's valuation multiples—will actually materialize.
As the May 21 earnings report approaches, the market is effectively holding its breath. For now, the leaked Best Buy email and Wedbush's confidence offer reasons for optimism, but nothing is certain until management speaks directly on the call. Investors would be wise to watch for any hedging language around "final polishing" or "quality assurance," as those are often precursors to delay announcements. Conversely, a clear, unambiguous commitment to the November date would likely be met with considerable relief and enthusiasm. Long 
Long 
TTWO - Major CorrectionLet’s continue breaking down the corrective structure in Take-Two Interactive Software.
The peak was set back in January 2021, and the move since then is part of a broader correction.
Wave A finished in November 2022, and Wave B followed.
By October 2025, Wave B ended, a new high was made within the correction, and Wave C has kicked off.
This is an expanded flat correction.
Wave C is a five -wave impulse, which we are now tracking.
Here’s a look at the previous idea:
The start of the impulsive moves was marked correctly.
Current structure:
The move from October 2025 is the main impulsive wave
The move from late December 2025 is Wave 3 within that impulse
Right now, within wave 3 , a local pullback of 8-12% from the current level is possible:
After that, the impulse should continue:
Next comes a subwave correction:
Finally, the main impulse should complete:
The plan assumes 50-60% retracements, but in reality pullbacks can be smaller, around 38% .
Keep in mind: down moves are usually faster than up moves.
Key level to watch: 171
If it holds, the stock could still push higher and make new significant highs.
Conclusion:
Wave C is moving down
We’re navigating between the described corrections and targets.
Key targets:
128
105
Potential move from the current level: 33-46%
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TTWO Bearish play?here's my idea for TTWO stock.
My prediction is bearish, for at least October and potentially November. I'd like to see price retrace a bit to allow for more buyers to step in amongst the release of GTA VI. I think GTA VI will attract a lot of attention, as it already kinda has. but closer to the set release date 5/26/2026, say 6 months before (so December TF) I think we may see a good rally to the upside from that point.
For now.. I think the bulls will continue until mid to late September.
reviewing the data for the release of GTA V,
TTWO stock price 6 months before release - $15.48
TTWO stock price at release - $17.37
^ A 12.2% gain
TTWO stock price at release - $17.37
TTWO stock price 6 months after release - $21.25
^ A 22.3% gain
Overall a 37.3% gain from 3/15/2013-3/17/2014
I think analyzing the daily chart we still have to room to continue to the upside.
$251.24 being my first bull target, $257.66 being my second bull target.
Taking from the most current move. (most recent Daily low to Daily high)
$271.57 would be my first bull target, $282.13 would be my second bull target.
Analyzing the daily still on the bearish side. (from where were currently sitting, not accounting for the bull analysis)
analyzing from the previous move, my first bear target would be $216.69, my second bear move would be $206.27. Which as you can see by the picture would be fairly close to the 200day SMA. Maybe allowing for a dip below the 200 day. which we typically see a bull move off of.
Taking from the current move, my first bear target would be $208.21, my second bear target would be $197.65. The first bear target makes sense to me ig. But the second bear target may be a bit of a stretch..
Maybe my analysis doesn't make any sense at all, I just wanted to share w fellow traders and get opinions from those whom may be a lot better at trading than I am. I trade alone, no one around me trades, so maybe this will also be an opportunity to meet fellow traders as well..
lmk your thoughts!
Short 
Take Two | TTWO & GTA VI. Part IITakeTwo Interactive is preparing for the biggest catalyst in the company's history with the release of GTA 6. Although no definitive timetable has been set for GTA 6, the game will almost certainly release in 2024 or 2025 at the latest given all the information that has come out. Moreover, TTWO itself has started opening up about GTA 6, which is a hint that an announcement is near. The impact that GTA 6 will have on TTWO cannot be understated, given how much resources have been spent developing GTA 6 and the growing consumer frenzy surrounding the title.TTWO could see more upward momentum as GTA 6's release closes in.
GTA 6 is by far the most anticipated video game in the industry's history. The game is so hyped, in fact, that individuals have crashed televised events purely to protest for the release of GTA 6. Even Starfield, which is an incredibly hyped game in its own right, had it Gamescon presentation disrupted by a fan calling for GTA 6. GTA 6 has not even been announced yet, and it seems to have fully captured the attention of the gaming world.
This level of organic hype is an incredibly positive sign for TTWO and its investors. Despite the fact that GTA 5 had nowhere near the hype as GTA 6 at similar stages in their development, GTA 5 still managed to become the best-selling triple A game ever made, with ~185 million units sold. This is a testament to GTA 6's potential, both on a commercial and even cultural standpoint.
If GTA 6 manages to meet or exceed consumer expectations, TTWO should see its shares surge. Given the hysteria surrounding the title, positive reviews will only supercharge demand as consumers will likely find any reason to get their hands on the game. Considering the amount of resources TTWO is rumored to be spending on developing GTA 6, coupled with Rockstar's track record of producing masterpieces, there is very little chance that GTA 6 disappoints.
While GTA is TTWO's most important IP, the company also boasts a strong lineup beyond GTA. In fact, some of its other franchises are bestsellers in their own right. Red Dead Redemption, for instance, has sold more than 55 million units and continues to sell at a solid pace despite the game being nearly 5 years old. Red Dead Redemption has also been critically praised as one of the best triple A games ever made.
TTWO currently has one of its most robust product pipelines in the history of the company across all of its studios. The company has even diversified into mobile gaming, which is proving to be an increasingly large segment in the gaming industry. In fact, TTWO made a huge acquisition in Zynga for a whopping $12.7 billion. Zynga is one of the largest mobile gaming studios in the world and owns massively popular IPs like FarmVille.
Despite TTWO's growing pipeline, the company is still relatively top-heavy compared to peers like EA (EA) or Activision Blizzard (ATVI). This means that underperformance for its flagship franchises, especially GTA, will almost certainly cause the company's value to plummet. So much of TTWO's future prospects are dependent upon the success of GTA 6, especially considering how much revenue the game is expected to pull in.
To gain some perspective on how important the GTA franchise is for TTWO, GTA has generated over $8 billion in revenue since GTA 5's release in 2013. TTWO itself is only worth ~$23 billion. GTA online, for instance, still contributes heavily to the company's recurring revenue and bookings, which came in at $1.2 billion in its most recent quarter.
TTWO has a huge opportunity with GTA 6. The game has garnered unprecedented hype that is starting to grow to a fever pitch. If TTWO delivers a solid sequel, GTA 6 could potentially deliver revenues upwards of ~$20 billion over the next decade, given the revenue trajectory of GTA sequels. At TTWO's current valuation of $23 billion, the company has far more upside, given the potential of GTA 6 and the company's growing pipeline of popular titles. Long 
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Flight Boarding - Grand Theft Auto 6Hey fellow gamers and number-crunchers, gather 'round! 🎮
Big news alert: Rockstar Games is dropping the first trailer for Grand Theft Auto 6 on December 5, 2023! twitter.com
Now, for those who live and breathe gaming, no further explanation needed. But hey, to the data lovers and boomers in the house, let me break it down for you.
Rockstar is the genius behind hits like Grand Theft Auto, Red Dead Redemption, Bully, and La Noire. Flashback to 2013 when they unleashed Grand Theft Auto 5, which turned out to be the best-selling console/PC-only game EVER. Talk about a gaming legend!
Fast forward to now, and GTA 5 has racked up a mind-blowing 185 million units in sales by August 2023. That's across three console generations and PC, making it the cash cow of the entertainment world.
Hold on to your controllers because Grand Theft Auto 6 is gearing up for launch, and the prediction is a whopping $1 billion in sales from the get-go! 🤑 Experts are betting on at least 25 million copies flying off the shelves on release day.
For the financial gurus out there, I've got the deets on TTWO Rockstar Games history prices in my previous analysis. And if you're eyeing the market, the sweet spot for entering the trade seems to be at that red horizontal line at 146 - 150. But here's the cherry on top: I believe we're aiming for a new all-time high beyond 210! 🚀
So, who's ready for the next gaming revolution? 🌟 Share your thoughts below and let the positive vibes flow! 🚀🎉 Long 
Take Two (TTWO) & ROCKSTARTakeTwo Intractive's costs are rising as fast as revenues, and the Zynga acquisition has yet to prove itself. Of course, GTA 6 is an excellent argument, but even this is not without risk; after all, it is not guaranteed that every new GTA is of the highest quality. Overall, it seems that an investment in the company is currently a pure bet on the massive success of GTA 6. But if that's the investment thesis, why invest now?
TakeTwo has an excellent reputation in the industry and trades with a premium valuation compared to the competition. But several points do not look entirely positive. Costs are rising as fast as revenues, and the Zynga acquisition has yet to prove itself. At the same time, shareholders are slowly but steadily burdened by stock dilution and stock-based compensation. Plus, the CEO sold 21% of his shares in April. Yes, eventually, GTA 6 will be released, but if that's the main argument for the investment, you might as well wait another six months and possibly get in at a cheaper price.
The last quarter was not very successful for the company. Revenue was $1.4B but missed expectations by $140M. On a GAAP basis, there was a significant loss per share of -$1.54. They also lowered FY 2023 revenue guidance from $5.8B to $5.4B. The chart below shows the evolution of some metrics over the last five years. Here we see that revenues are increasing strongly, but costs are increasing almost at the same rate, so real profits are not growing.
The company is currently valued at an enterprise value of $19B. The market cap is $16.9B, and the total debt is $3.7B. The P/S ratio is 4.4, and the forward P/E ratio is approx. 25. The share is thus more cheaply valued than the last few years' averages
this year we going to see GTA6 first trailer and probably release data announcement, plus a next gen update for Red dead redemption2
TTWO under 99$ is a buy zone , I managed to buy some shares at 94$ and will buy more if back to 90-80$ zone again
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