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finance.yahoo.comOCT 272 min read$TTWO

Take-Two stock has upside as Bank of America sees GTA Online driving long-term growth

Bank of America maintains a 'buy' rating on Take-Two Interactive (TTWO), citing long-term growth potential from Grand Theft Auto Online. The bank lowered its price target to $330 and reduced its 2028 EPS forecast to $13.03. BofA expects GTA Online to drive annual EPS growth of about 15% post-2029, with revenue ranging from $2.6B to $4.3B by 2029.

Original reporting
finance.yahoo.com
Published Oct 27, 2026, 7:10 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 27, 2026, 7:42 PM UTC. Informational, not investment advice.
How this was made
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Take-Two stock has upside as Bank of America sees GTA Online driving long-term growth — source image
Source · finance.yahoo.com
Decision brief

The 30-second read

$TTWOBullishMed
01

Why it matters

The revised target and earnings outlook could drive short‑term buying pressure and longer‑term valuation re‑rating.

02

Market read

Analyst upgrade with concrete earnings and revenue forecasts provides actionable insight for traders.

03

What to watch

The forecast excludes possible PC and next‑gen console sales, which could further enhance growth.

Relevance 7/10Novelty 7/10Timing: post‑release, outlook for 2027‑2029

Background

Take‑Two Interactive (TTWO) is awaiting the launch of GTA 6; BofA’s new forecast focuses on the online component’s monetisation.

Company-level read

Ticker impact

$TTWOBullishHigh confidence
Context

BofA lowered its price target to $330 and revised FY2028 EPS to $13.03, highlighting stronger long‑term earnings growth from GTA Online.

Expected impact

potential upward pressure as investors price in higher long‑term earnings growth.

Evidence & confidence

New BofA forecast and target change provide fresh, material information that could attract buying interest.

Market effects

Sector

Improved outlook for the gaming sector as GTA Online monetisation is expected to boost earnings.

Regional

U.S. consumer discretionary stocks may benefit from higher discretionary spend forecasts.

Global

Potential ripple effect on peers with similar online‑gaming revenue models.

Counterpoint

What could challenge this read

If GTA 6 sales underperform, the projected online revenue may not materialise, limiting upside.

Key entities

  • company
    Take‑Two Interactive

    Publisher of Grand Theft Auto franchise.

  • analyst
    Bank of America

    Equity research firm providing the new forecast.

Read at source← All news

StoryBank of America raises Take‑Two Interactive price target to $330, citing GTA 6 and GTA Online growth

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