Citi keeps USD 270 target for Take-Two Interactive stock ahead of GTA VI

Published on 10/18/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi set a USD 270 target for Take-Two Interactive stock. Fiscal first-quarter revenue reached USD 1.53 billion, up 2.00 percent year over year.

Pipeline and reporting timetable

Citi maintained a USD 270 price target for Take-Two Interactive on October 15, 2026.
Fiscal first-quarter revenue reached USD 1.53 billion, up 2.00 percent year over year.
Take-Two plans to report second-quarter fiscal 2027 results on November 9, 2026.

Aquarellbild eines Bürogebäudes vor der Skyline von New York bei Sonnenuntergang — Aquarellmalerei einer Firmenzentrale symbolisiert Take-Two Interactive US8740541094, gläserner Turm vor New Yorker Skyline bei Abenddämmerung, Illustration mit AI erstellt.

Citi maintained a Buy rating and a USD 270 price target for Take-Two Interactive on October 15, 2026, as analysts assessed the commercial runway around Grand Theft Auto VI. According to Yahoo Finance, Citi linked its view to the possibility of another major Rockstar Games release after Grand Theft Auto VI.

Three milestones shape the setup

Take-Two reported USD 1.53 billion in GAAP revenue for the fiscal first quarter of 2027 ended June 30, 2026, compared with USD 1.50 billion a year earlier. The company also posted a GAAP net loss of USD 34.1 million, or USD 0.18 per diluted share, according to the fiscal results figures.

The quarter's net bookings reached USD 1.39 billion, down 3.00 percent from USD 1.42 billion a year earlier, while recurrent consumer spending represented 84.00 percent of net bookings. Those figures leave the upcoming launch as the central test for whether Take-Two can convert a large release cycle into recurring revenue.

On August 7, 2026, fiscal first-quarter revenue was USD 1.53 billion. On October 13, 2026, Take-Two announced that its second-quarter fiscal 2027 results would follow on November 9, 2026. On October 15, 2026, Citi maintained its USD 270 target as it assessed the possible post-launch pipeline, according to Yahoo Finance.

What does the pipeline mean?

The answer depends on execution across several product lines. Take-Two's fiscal 2027 net bookings outlook remains USD 8.0 billion to USD 8.2 billion, while second-quarter net bookings guidance stands at USD 1.62 billion to USD 1.67 billion. Mobile net bookings fell to USD 739.5 million from USD 792.8 million in the fiscal first quarter, creating a quantified counterweight to the console opportunity.

StoneX kept a Buy rating and a USD 300 price target on October 14, 2026. The firm cited uncertainty around Grand Theft Auto VI Online timing, slowing console sales and initial NBA 2K27 concerns, according to Investing.com.

Results date sets the next checkpoint

Take-Two plans to report second-quarter fiscal 2027 results after the market close on November 9, 2026, with a conference call scheduled for 4:30 p.m. ET, according to Business Wire. Grand Theft Auto VI is scheduled for November 19, 2026, making the results release the next formal update before the launch window.

Nasdaq valuation before the launch

Take-Two's Nasdaq quote was USD 205.28 at 4:00 p.m. ET on October 16, 2026. The company had a USD 38.4 billion market capitalization on that date, with a 52-week range of USD 187.63 to USD 265.94. The further course of trading is shown by the continuously updated real-time quote of Take-Two Interactive stock.