Take-Two Shares Rebound by $1.5 Billion After GTA VI Leak Slump Ahead of August 27 Reveal

Take-Two Shares Rebound by $1.5 Billion After GTA VI Leak Slump Ahead of August 27 Reveal

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. closed Friday at $239.62, recouping nearly half of the market capitalization lost after this week’s significant GTA VI leak-driven selloff.

Stock chart for NASDAQ:TTWO

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 weekCloseDaily moveVolume
Monday, August 17$241.61down 2.16%1.65 million
Tuesday, August 18$242.40up 0.33%1.91 million
Wednesday, August 19$237.04down 2.21%2.67 million
Thursday, August 20$240.15up 1.31%2.43 million
Friday, August 21$239.62down 0.22%1.55 million
Nasdaq price history through August 21. Friday volume equaled about 62% of the three-month average. Historical market data

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 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.

EventDateInvestor relevance
GTA VI leak reportedly broadensAugust 18–21Puts launch confidentiality and marketing on trial
Filed subpoenas reportedAugust 20Indicates legal actions on suspected violations
Official extended preview unveiledAugust 27May shift focus to verified details about the product
Subpoena reply requestedSeptember 4May help identify alleged sources of leak
GTA VI launchesNovember 19Key fiscal 2027 bookings driver
Dates combine Rockstar’s official schedule and reporting on the legal requests.

Rockstar Games is handling the upcoming test. A longer preview is set to be broadcast on Netflix, Inc. 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 measureValueGap or context
Company bookings forecast$8.0–$8.2 billion$8.1 billion at midpoint
Reuters analyst bookings projection$8.86 billionMidpoint lags by 8.6%
First fiscal quarter bookings$1.39 billionNarrowly beat company forecast
GTA VI launch dateNovember 19Falls within fiscal 2027
Company guidance and essential background. Take-Two fiscal Q1 release

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 recommendationRatingTargetUpside from $239.62
J.P. MorganBuy$31029.4%
BTIGBuy$31330.6%
Roth CapitalBuy$30025.2%
Wolfe ResearchBuy$28920.6%
28-analyst averageStrong Buy$286.8919.7%
Latest available recommendations and targets. S&P Global consensus via StockAnalysis

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.

Take-Two Interactive · NASDAQ:TTWO

Half the leak shock has been recovered

Market data: August 21, 2026, 4:00 p.m. EDT · U.S. market closed

Friday close
$239.62
−0.22% on Friday
Weekly move
−2.97%
Versus August 14 close
Market value
$44.80bn
Implied shares: 187.0m
Friday volume
1.55m
62% of three-month average

Market-value swing

Peak to trough
−$3.14bn
Recovered
+$1.50bn
Still missing
−$1.64bn

Preliminary calculation from the August 18 high, August 20 low and Friday close. Price movement has multiple causes.

Catalyst calendar

EventDate
Reported subpoenas filedAug. 20
Official GTA VI extended lookAug. 27
Requested subpoena responseSept. 4
GTA VI launchNov. 19

The August 27 stream starts at 3 p.m. EDT on Netflix and 9 p.m. EDT on Rockstar channels.

Fiscal 2027 bookings

MeasureValueGap
Company low$8.0bn−9.7%
Company midpoint$8.1bn−8.6%
Company high$8.2bn−7.4%
Street estimate cited by Reuters$8.86bnReference

Guidance is unchanged despite unusually strong preorder demand.

Analyst recommendations

FirmViewTargetUpside
BTIGBuy$31330.6%
J.P. MorganBuy$31029.4%
Roth CapitalBuy$30025.2%
Wolfe ResearchBuy$28920.6%
28-analyst averageStrong Buy$286.8919.7%
The August 27 reveal is the reset attemptInvestors will test whether verified product footage can redirect attention from unauthorized material toward the November launch.

Risks: Rockstar has not fully authenticated the leaked material. Legal outcomes remain uncertain. GTA VI could face delays, weak preorder conversion, higher launch costs or softer engagement. Market-value estimates use an implied share count.

Leokadia Głogulska

Leokadia Głogulska is a financial and technology journalist at TS2.tech. Her coverage ranges from stocks and artificial intelligence to space technology and developments across global markets. She graduated from Wrocław University of Economics and Business and worked in financial analysis before becoming a business journalist.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
View full portfolio
Editorial model selection. Not personalised advice.
Fubo Stock Drops After HD Upgrade Release Does Not Ease Investors’ Cash-Flow Worries
Previous Story

Fubo Stock Drops After HD Upgrade Release Does Not Ease Investors’ Cash-Flow Worries

Frontline Rises Close to Analyst Target Amid Dark Hormuz Shipping Ahead of Earnings
Next Story

Frontline Rises Close to Analyst Target Amid Dark Hormuz Shipping Ahead of Earnings