TD Cowen analyst Doug Creutz notes that Take-Two (TTWO) announced this morning that GTA VI has been delayed out of FY26, and will now be released on May 26, 2026. The firm regards this as the “not-so-bad” outcome as it now has a date certain, only about 6 months past the launch date it had expected. FY26 will still be a record bookings year with Borderlands 4, Mafia: The Old Country, and potentially other titles. TD Cowen reiterates a Buy rating on the shares with a price target of $211.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTWO:
- GTA 6 Release Date Delayed: Should Investors Buy Take-Two Stock (TTWO) on the Dip?
- Morning Movers: Amazon advances, Apple falls following quarterly results
- QQQ ETF News, 5/2/2025
- Take-Two Announces Record Net Bookings Expectations
- Take-Two announces Grand Theft Auto VI release date pushed until May 2026