Colin Sebastian, an analyst from Robert W. Baird, maintained the Buy rating on Take-Two (TTWO – Research Report). The associated price target is $210.00.
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Colin Sebastian’s rating is based on several key factors that influence the outlook for Take-Two Interactive Software. Despite the delay in the release of Grand Theft Auto VI, which is now scheduled for May 2026 instead of Fall 2025, Sebastian views this as an opportunity to add to positions in TTWO. He suggests that the delay, while causing some short-term pressure on shares due to revenue and profit shifting to the next fiscal year, does not indicate long-term negative consequences. The delay is seen as a chance for Rockstar to enhance the game’s quality, which aligns with their history of prioritizing depth and quality over strict release schedules.
Moreover, Sebastian highlights that game delays are not uncommon, particularly with Rockstar, and often result in improved sales and engagement. He also notes that Take-Two has reiterated its expectations for year-over-year net bookings growth in both FY26 and FY27, suggesting a positive long-term outlook. Despite the shift in financial metrics due to the delay, Sebastian anticipates double-digit bookings growth over FY25, driven by other new releases. This combination of factors underpins his Buy rating for Take-Two’s stock.
In another report released today, Benchmark Co. also maintained a Buy rating on the stock with a $225.00 price target.