Take-Two trades on GTA 6 buzz before next week's test

16 May 2026

New York, May 16, 2026, 16:02 (EDT)

Take-Two Take-Two Interactive closed at $242.44 on Friday, roughly flat from the day before. That follows a 6.79% gain on Thursday. For the week, the stock rose about 10%.
Nasdaq is due to reopen Monday. Take-Two has quarterly and annual results coming after Thursday’s close.
Wedbush’s Alicia Reese said investors are looking to the earnings call to find out if Grand Theft Auto VI’s Nov. 19 launch date is unchanged.

Take-Two Interactive Software shares are trading just under a three-month high to start the week, with the stock steady after a sharp move on Grand Theft Auto VI pre-order speculation. The stock closed Friday at $242.44, mostly flat after Thursday’s 6.79% gain. On the week, shares are up about 10% from last Friday’s close at $220.45.

The market is shut for the weekend. Regular Nasdaq trading starts up again on Monday. Normal cash hours for the Nasdaq are 9:30 a.m. to 4 p.m. Eastern, Monday through Friday.

Take-Two is set to report fourth-quarter and full fiscal 2026 results after Thursday’s close on May 21. A conference call is scheduled for 4:30 p.m. Eastern.

Take-Two ended Friday unchanged, bucking the slide in U.S. stocks. The S&P 500 dropped 1.2%, the Dow was down 1.1%, and the Nasdaq Composite fell 1.5%. Electronic Arts dipped, while Roblox dropped about 2%.

No fresh comment from the company. Traders moved after a leaked Best Buy affiliate-marketing email surfaced. The email appeared to mention a GTA VI physical pre-order window from May 18 to May 21—the same week Take-Two reports earnings. Take-Two has not commented on the speculation.

Wedbush analysts led by Alicia Reese wrote in a client note cited by MT Newswires, “The call itself is what matters.” Investors will find out if GTA VI is still on schedule for Nov. 19 during the earnings call, the note said. If management sticks with the November date, Reese said Wedbush would push its launch odds to over 90%, from the current 75%. placera.se

Wedbush held its outperform call and kept the $300 price target for the next year. It estimated Take-Two’s fourth-quarter net bookings at $1.56 billion, right at the high end of the publisher’s own forecast. Net bookings include sales of games, digital services, and other items, both physical and digital.

Options traders are getting set for a swing. Bloomberg options data, picked up by Investing.com, showed an implied move of 9.4% around next week’s earnings.

Take-Two still lists GTA VI for Nov. 19, 2026, with no update on the release date. The company told investors back in November it expects record net bookings in fiscal 2027, when GTA VI is set to launch.

But the risk isn’t hard to see. A retail leak doesn’t mean there’s a real launch plan yet, and Wedbush said the pre-order schedule could still move. If Take-Two hands out cautious fiscal 2027 guidance, skips detail that investors are hoping for on pre-orders, or signals another possible delay, the week’s gains may go away fast.

Traders get their first take Monday, after anything that broke on the weekend. Management faces questions on Thursday’s call, where they’ll need to clear up the talk versus what’s real. If they don’t, the market is likely to move on its own.

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Khadija Saeed is a financial markets reporter at TS2.tech. Her coverage ranges from stocks and technology to emerging industries and developments across global markets. She studied economics and finance at the London School of Economics and worked in market research before becoming a financial journalist. Follow Khadija Saeed on Google News.

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