Take-Two (TTWO) Stock Jumps 6% as GTA VI Finally Gets a Preorder Date

TLDR

• Take-Two Interactive stock surged over 6% after Rockstar Games confirmed GTA VI preorders go live June 25.
• The game’s official release date is November 19, 2025, ending years of uncertainty over delays.
• Analysts at Piper Sandler have an Overweight rating with a $280 price target, projecting 45 million+ units sold at launch.
• Take-Two CEO Strauss Zelnick has guided FY2027 net bookings of $8–$8.2 billion.
• Rockstar also released official box cover art, which went viral on social media.

Take-Two Interactive (TTWO) stock jumped more than 6% on Thursday after Rockstar Games announced that Grand Theft Auto VI preorders will open on June 25, with the game set to launch on November 19. The stock was trading around $241.74 at time of writing.

Take-Two Interactive Software, Inc., TTWO

The announcement came via Rockstar’s official X account, which also dropped the game’s retail box cover art. It spread fast.

For investors, the preorder date is bigger than it might look. It signals that the November release window is locked in — and after years of delays, that kind of certainty carries real weight.

GTA VI has had a rough ride getting here. It was first teased for a 2025 launch, then pushed to mid-2026, then to November 2026. When the last delay was announced, TTWO fell as much as 18% in a single session.

Opening preorders five months ahead of release is being read by institutional investors as a vote of confidence that no further delays are coming.

The last GTA game shipped in 2013. That’s thirteen years of pent-up demand, and the numbers back it up.

What Analysts Are Projecting

Piper Sandler reiterated an Overweight rating on TTWO with a $280 price target. Their model projects GTA VI could sell more than 45 million units at launch alone.

For context, GTA V cleared $1 billion in revenue within 72 hours of its 2013 release and has since sold over 200 million copies lifetime — making it the fastest-selling entertainment product in history.

Analysts tracked by FactSet expect Take-Two to report $8.6 billion in revenue for the fiscal year ending next March, up 27% from fiscal 2026.

CEO Strauss Zelnick has guided FY2027 net bookings to land between $8 billion and $8.2 billion.

Preorders Go Live June 25

The June 25 preorder window opens across PlayStation 5 and Xbox Series X|S digital storefronts, as well as physical placeholders at major retailers worldwide.

The cultural footprint of the release is already stretching beyond gaming. Car-parts retailer Burger Motorsports announced it will close on November 19 — the GTA VI launch date — calling it “an unprecedented cultural event.”

TTWO is still down about 6.9% year-to-date and roughly flat over the past 12 months. Preorder volumes over the coming weeks will give investors a cleaner read on whether the demand matches the hype.

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