Take-Two Interactive Software recently reported fiscal second quarter results for 2026. However, the company's stock underwent a 7% reduction following the announcement of a second delay to the highly anticipated game, Grand Theft Auto VI, now due in November 2026. This shift in release has impacted the company’s stock, as the game is a significant part of Take-Two's value proposition. Despite this, multiple organizations maintain their 'buy' recommendations for TTWO, and new price targets range between $275 and $300.
While Q2 earnings and revenues exceeded estimates and the company reported strong year-on-year growth, it failed to meet EPS estimates. Some analysts remain optimistic despite the GTA VI delay, as the postponement might result in a more impactful launch. Simultaneously, Take-Two continues to attract new investments and increase its portfolio through additional share purchases. The wider market perspective towards the company remains split, with some experts highlighting a potential for strong growth, while others focus on recent delays and discrepancies in financial performance.
Take-Two Interactive Software TTWO News Analytics from Thu, 31 Jul 2025 07:00:00 GMT to Sat, 08 Nov 2025 17:54:00 GMT - Rating -2 - Innovation 0 - Information 8 - Rumor -6
