NEW YORK, August 22, 2026, 8:25 a.m. EDT — Take-Two Interactive (TTWO.O) saw its market value recover by $1.5 billion after shares bounced back from losses triggered by the GTA VI leak, with anticipation building toward the official reveal on August 27.
- Take-Two regained roughly $1.50 billion after its intraday low on Thursday, triggered by the leak.
- About $1.64 billion was still under its level from before Tuesday’s leak when markets closed on Friday.
- Rockstar plans to release the official extended preview for GTA VI on August 27.
Take-Two Interactive Software, Inc. NASDAQ:TTWO closed Friday at $239.62, recouping nearly half of the market capitalization lost after this week’s significant GTA VI leak-driven selloff.
The initial calculations are clear. The drop from Tuesday’s $248.39 peak to Thursday’s $231.58 bottom wiped out approximately $3.14 billion. With Friday’s close, about $1.50 billion was regained, while $1.64 billion remained unrecouped.
The estimate is based on 187.0 million implied shares, corresponding to Friday’s $44.80 billion market capitalization. It focuses solely on the change in price and does not establish that leaks were behind each dollar lost.
| Previous week | Close | Daily move | Volume |
|---|---|---|---|
| Monday, August 17 | $241.61 | down 2.16% | 1.65 million |
| Tuesday, August 18 | $242.40 | up 0.33% | 1.91 million |
| Wednesday, August 19 | $237.04 | down 2.21% | 2.67 million |
| Thursday, August 20 | $240.15 | up 1.31% | 2.43 million |
| Friday, August 21 | $239.62 | down 0.22% | 1.55 million |
Take-Two shares declined 2.97% across the five sessions. The stock ended 9.90% under its July peak of $265.94, but remained comfortably over Thursday’s intraday low.
Take-Two has reportedly issued subpoenas to Microsoft Corporation NASDAQ:MSFT and Discord on Thursday, aiming to obtain details about individuals allegedly associated with leaked footage. The companies have been asked to respond by September 4.
| Event | Date | Investor relevance |
|---|---|---|
| GTA VI leak reportedly broadens | August 18–21 | Puts launch confidentiality and marketing on trial |
| Filed subpoenas reported | August 20 | Indicates legal actions on suspected violations |
| Official extended preview unveiled | August 27 | May shift focus to verified details about the product |
| Subpoena reply requested | September 4 | May help identify alleged sources of leak |
| GTA VI launches | November 19 | Key fiscal 2027 bookings driver |
Rockstar Games is handling the upcoming test. A longer preview is set to be broadcast on Netflix, Inc. NASDAQ:NFLX at 3 p.m. EDT on August 27. The preview will also air on Rockstar’s official channels at 9 p.m. EDT.
The event provides Take-Two with an official stage ahead of Monday’s market open. Investors are expected to assess if approved footage can revive launch momentum, while also keeping an eye out for additional unapproved leaks.
The financial environment remains notably concentrated. Earlier this month, Take-Two reaffirmed its forecast for fiscal 2027 net bookings, projecting $8.0 billion to $8.2 billion. The midpoint is roughly 8.6% below the $8.86 billion average analyst estimate, according to Reuters.
| Fiscal 2027 measure | Value | Gap or context |
|---|---|---|
| Company bookings forecast | $8.0–$8.2 billion | $8.1 billion at midpoint |
| Reuters analyst bookings projection | $8.86 billion | Midpoint lags by 8.6% |
| First fiscal quarter bookings | $1.39 billion | Narrowly beat company forecast |
| GTA VI launch date | November 19 | Falls within fiscal 2027 |
Chief Executive Strauss Zelnick described GTA VI preorders as “unprecedented and astonishing.” He maintained previous guidance, citing that preorders may be cancelled. This careful stance heightens the importance of next week’s presentation, though it does not equate to recorded revenue.
Wall Street sentiment is generally positive. The most recent consensus from 28 analysts rates it as a Strong Buy. The average price target of $286.89 suggests a 19.7% upside from Friday’s closing price.
| Analyst recommendation | Rating | Target | Upside from $239.62 |
|---|---|---|---|
| J.P. Morgan | Buy | $310 | 29.4% |
| BTIG | Buy | $313 | 30.6% |
| Roth Capital | Buy | $300 | 25.2% |
| Wolfe Research | Buy | $289 | 20.6% |
| 28-analyst average | Strong Buy | $286.89 | 19.7% |
The market remains shut over the weekend. On Monday, attention will turn to whether the shares can stay above Thursday’s $231.58 low. The main event comes Thursday with the official presentation.
Risks: The leaked content has not yet been comprehensively verified by Rockstar. Legal implications remain unresolved. GTA VI may experience postponements, lower preorder conversion, increased launch expenses or reduced player engagement. Market-value projections further rely on an estimated share count.



