TTWO
New rating, same old money machine
BTIG just initiated coverage on Take-Two Interactive with a Buy rating and a $290 price target, which is analyst-speak for: this stock could still have room to run if the GTA hype train keeps rolling. The call landed with a pretty familiar thesis — Grand Theft Auto VI isn’t just a game release, it’s a potential earnings turbo button.
Why GTA VI matters more than your average sequel
According to analyst Clark Lampen, Take-Two is scheduled to release GTA VI on November 19. And if that date sticks, the back half of the year could get spicy for TTWO holders. Lampen thinks the title could add about $10 per share in average earnings power across fiscal 2027 to 2029.
That’s the kind of forecast that makes Wall Street start seeing dollar signs where regular people see a very delayed video game. The analyst also argued that:
- GTA VI could drive a jump in corporate bookings
- NBA 2K appears to be stabilizing after a rough fiscal 2025
- Fiscal 2027 bookings and earnings could come in above both guidance and consensus
The Street loves a good comeback arc
The broader point here is pretty simple: Take-Two doesn’t need every franchise to become a megahit if GTA keeps acting like a mint. The analyst’s estimates for fiscal 2027 — bookings of $8.597 billion and EPS of $7.16 — sit above company guidance and Wall Street expectations. That’s a pretty loud vote of confidence.
And yes, there’s a little “show me” energy baked in. Video game launches can slip, hype can fade, and investors have been burned before. But when one franchise can potentially lift earnings power for multiple years, the market usually pays attention.
Big picture: this is another reminder that for Take-Two, GTA isn’t just a game — it’s the whole economic engine with a controller in its hands.