Take-Two isn’t ready to ‘declare victory’ on GTA 6 before launch

Take-Two Interactive Software (TTWO) shares rose 8.3% on November 10, 2026, despite missing Q2 2027 net bookings guidance. The gain followed the company's reiteration of its annual forecast and strong preorders for Grand Theft Auto VI. Q2 revenue was $1.5B, with a net loss of $0.29 per share. The company guided Q3 net bookings of $3.35B-$3.5B, driven by GTA VI's launch.

GTA 6 has become the most pre-ordered game on PlayStation and Xbox, with 9.69 million pre-orders and $942 million in revenue, according to Sensor Tower. Take-Two Interactive's CEO, Strauss Zelnick, noted pre-orders exceeded expectations but maintained guidance. The game is available for pre-loading to manage potential launch-day issues.

Grand Theft Auto VI (GTA 6) is the most pre-ordered game in the history of both PlayStation Store and Microsoft Store, according to Sony and Microsoft. Take-Two Interactive, the parent company of Rockstar Games, reported pre-orders exceeding initial expectations. Sensor Tower estimates 9.69 million pre-orders, potentially surpassing Cyberpunk 2077. The game launches on November 19 for PlayStation 5 and Xbox Series X|S.

Take-Two Interactive (TWWO) shares rose 8% to $224 after CEO Strauss Zelnick reported unprecedented preorder demand for Grand Theft Auto VI, despite a $54M Q2 net loss. The company maintained its fiscal 2027 net bookings forecast of $8B-$8.2B. Investors await the game's November 19 release, with potential risks including post-launch selloffs and technical issues.

Take-Two Interactive (TTWO) reported Q2 net bookings of $1.6B, slightly below guidance, with a quarterly loss. Despite a 9% decline in recurring consumer spending, management highlights strong engagement in GTA and NBA 2K. Operating expenses decreased 9%, but guidance suggests high profit sensitivity to future impairments. Analysts note heavy live service spending and project write-downs as potential risks to earnings.

Take-Two Interactive (TTWO) shares rose 7.5% after reporting fiscal Q2 revenue of $1.5B, down 15% YoY, and a loss of $0.29 per share, better than expected. The company cited strong pre-orders for Grand Theft Auto VI, with 9.69M units sold pre-launch. Take-Two maintained its full-year guidance of $8B-$8.2B in net bookings.