New York, May 16, 2026, 16:02 (EDT)
- Take-Two ended Friday at $242.44, little changed from the previous session, following Thursday’s 6.79% jump. Shares climbed around 10% for the week.
- Nasdaq is set to open again on Monday. Take-Two will post its quarterly and full-year numbers after the close on Thursday.
- Wedbush’s Alicia Reese said investors will watch the earnings call to see if Grand Theft Auto VI is still set for Nov. 19.
Take-Two Interactive Software’s stock is trading just below a three-month high as the week starts, holding gains after rumors around Grand Theft Auto VI pre-orders fueled a steep rally. Shares finished Friday at $242.44, little changed after Thursday’s 6.79% surge. The weekly jump comes to about 10%, measured from last Friday’s $220.45 close.
Weekend trading is paused with the market closed. The next regular Nasdaq session opens Monday. Nasdaq’s regular cash hours are Monday to Friday, 9:30 a.m. to 4 p.m. Eastern.
Take-Two will release its fourth-quarter and fiscal 2026 results after the bell on Thursday, May 21. The company plans a conference call at 4:30 p.m. Eastern.
Take-Two’s stock held up on Friday as broader markets slumped. The S&P 500 slipped 1.2%, the Dow dropped 1.1% and the Nasdaq Composite lost 1.5%. Take-Two finished flat on the day. Among gaming rivals, Electronic Arts edged a bit lower. Roblox fell around 2%.
There was no new statement from the company. Traders jumped after reports of a leaked Best Buy affiliate-marketing email. The message seemed to suggest a GTA VI physical pre-order window between May 18 and May 21, which is the same week as Take-Two’s earnings. Take-Two hasn’t weighed in on the rumors.
“The call itself is what matters,” Wedbush analysts led by Alicia Reese said in a note to clients that MT Newswires cited. “This is the moment investors will know whether GTA VI is still on track for its Nov. 19 release.” Reese said if management sticks to the date in the call, Wedbush would lift its odds for the November launch actually happening to above 90%, up from 75%. placera.se
Wedbush stuck with its outperform rating and $300 price target for the next year. The firm put Take-Two’s fourth-quarter net bookings estimate at $1.56 billion, which matches the upper end of the company’s outlook. Net bookings are Take-Two’s count of games, services, and other items sold in the period, physical or digital.
Options traders are positioning for action. Options data from Bloomberg, cited by Investing.com, showed an implied move of 9.4% around next week’s earnings.
GTA VI is still on Rockstar’s calendar for Nov. 19, 2026, with no change to the official date. Take-Two said back in November it looked for record net bookings in fiscal 2027—the period when GTA VI is due to hit.
But the risk is clear. A retailer leak isn’t a launch plan, and Wedbush also noted the pre-order timeline might still shift. If Take-Two offers fiscal 2027 guidance that’s cautious, gives less detail about pre-orders than investors expect, or hints at another delay, the week’s gains could disappear fast.
Monday’s open is traders’ shot to react to anything out over the weekend. On Thursday’s call, management has to close the gap between rumors and certainty, or else the market will decide for them.
