Take-Two (TTWO) stock was on the move Wednesday after Rockstar rejected rumors that Grand Theft Auto 6 would be delayed. The video game developer reconfirmed that the latest entry in the GTA series would be released on May 26, 2026. This confirmation eased concerns of gamers and investors, who feared the game would be pushed back a second time following its original plan to release sometime in 2025.
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The dismissal of the rumors surrounding the release of GTA 6 also calls into question other recent reports. That includes speculation concerning a dynamic weather system. Users online have wondered if the game will feature floods and other similar events after rumors spread that the game would include such a mechanic.
Of course, the biggest mystery that gamers and investors want to know about is the price of GTA 6. Rockstar has yet to set a price for the game, but some rumors have claimed it could cost consumers $100. While Rockstar hasn’t denied these rumors, it did say that it plans to offer gamers more value than what it charges for its games. What’s more likely is that GTA 6 will be priced between $70 and $80, which is within the industry standard for a AAA release.
Take-Two Stock Movement Today
Take-Two stock was down slightly on Wednesday but remained up 30.47% year-to-date. The shares have also rallied 52.46% over the past 12 months. The anticipation that surrounds GTA 6 has been a boon to TTWO stock. Analysts have high expectations for game sales, based on the fact that Grand Theft Auto V is the second-best-selling game with roughly 215 million copies sold.
Is Take-Two Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Take-Two is Strong Buy, based on 19 Buy and one Hold rating over the past three months. With that comes an average TTWO stock price target of $267.65, representing a potential 11.59% upside for the shares.
