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Take-Two Interactive Software Sees Portfolio Strength Ahead of GTA VI Launch, Wedbush Says

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Take-Two Interactive Software (TTWO) reported a fiscal Q4 beat and confirmed it is on track for Grand Theft VI Auto's Nov. 19 launch, analysts at Wedbush Securities said in a Friday note.

The firm said fiscal Q4 net bookings of $1.58 billion topped the high end of guidance, with better-than-expected performance from the GTA series, several mobile titles and the Red Dead Redemption series.

Recurring revenue rose 7% year over year and accounted for 82% of net bookings, with strength across GTA Online, NBA 2K26, WWE 2K26 and PGA Tour 2K25.

The company's initial fiscal 2027 bookings guidance of $8 billion to $8.2 billion was below Wedbush's expectations of $9.4B, but it views the outlook as intentionally conservative for a major launch year, the analysts said.

Wedbush maintained its outperform rating on Take-Two Interactive Software and a $300 price target.

Shares of the company were 6.5% lower in Friday trading.

Price: $222.26, Change: $-15.82, Percent Change: -6.64%

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