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A Blockbuster Video Game Release Could Reginite This Stock

Key Takeaways

  • TTWO shares could regain momentum following the upcoming release of a blockbuster video game, GTA 6.
  • GTA 5 was a massive success, with its monetization continuing strongly for more than a decade.
  • Annual earnings growth expectations remain solid, a reflection of the upcoming release.

Take-Two Interactive (TTWO - Free Report) has a major catalyst approaching, with its highly anticipated Grand Theft Auto VI (GTA 6) scheduled for release on November 19th. The title has generated massive excitement among gamers, and the blockbuster success of its predecessor suggests the release could be a major growth driver.

TTWO shares have struggled in 2026, but the upcoming release could easily reignite momentum.  

Zacks Investment Research
Image Source: Zacks Investment Research

GTA 5's Massive Success

Grand Theft Auto V, released more than a decade ago in 2013, was a huge success right out of the gate, generating more than $800 million in worldwide retail sales in its first 24 hours. The momentum continued, with sales surpassing the $1 billion mark in just three days.

And the success has extended well beyond the initial release, with Take-Two recently reporting that GTA 5 has now sold nearly 230 million copies worldwide. The continued demand more than a decade after its initial launch helps underpin the franchise's strong staying power.

Importantly, GTA Online has also been a major positive, allowing Take-Two to generate recurring revenue through in-game purchases and additional content long after the initial sale.

GTA 6 Could Fuel Major Growth

The upcoming release offers a massive opportunity for Take-Two, especially given the enormous installed fan base already built through GTA 5. Notably, the game is launching at $79.99, above the typical $59.99 price point seen when GTA 5 was initially released.

And the company's outlook already reflects expectations for a big boost, with management forecasting $8.0-$8.2 billion in net bookings for its current FY27, up considerably from the $6.72 billion reported in FY26. At the midpoint, the outlook suggests roughly 20% growth, with GTA 6 expected to be a primary driver of the acceleration.

Beyond the initial sales boost, the long-term opportunity also remains significant. GTA 5's continued success through GTA Online provides a strong blueprint for how Take-Two could monetize the new release for years, potentially creating a much higher recurring revenue base.

Our current consensus estimates for its FY27 and FY28 are reflective of a big growth acceleration relative to recent years, with earnings forecasted to climb 71% in its current FY27 (ends in March) and an additional 40% in FY28.

Zacks Investment Research
Image Source: Zacks Investment Research

The valuation picture also isn’t overstretched given the potential growth catalyst, with shares currently trading at a 24.4X forward 12-month earnings multiple, well beneath the 37.3X five-year median.

Bottom Line

Take-Two Interactive (TTWO - Free Report) has a major catalyst approaching with GTA 6, and the success of its predecessor suggests a new period of fresh growth. GTA 5's nearly 230 million lifetime copies sold and its ability to generate revenue more than a decade after release reflect the franchise's massive appeal. The stock deserves a close eye given the upcoming release and weak price action so far in 2026.

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