JPMorgan keeps an Overweight rating on Take-Two (TTWO) after the company announced GTA 6 is being delayed from fall 2025 to May 26, 2026. The firm believes investors were braced for a potential slight delay to winter 2025 given lack of trailer, “but certainly not mid-2026.” This opens a window for Electronic Arts (EA) to launch Battlefield in fiscal 2026, the analyst tells investors in a research note. JPMorgan says its model for Take-Two is under review, but that fiscal 2026 number cuts “are certainly going to be significant.”
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