Take-Two Interactive publishes and distributes video games through its labels Rockstar Games, 2K, Private Division, and Social Point, and has expanded into mobile gaming with Zynga. It develops and releases games for PlayStation, Xbox, Nintendo Switch, and PC, earning revenue from game sales, in-game purchases, DLC, microtransactions, and IP licensing. It distinguishes itself with a diverse lineup of major franchises like Grand Theft Auto and NBA 2K across multiple platforms, a growing mobile footprint, and a focus on governance and family-friendly controls. Its goal is to lead the interactive entertainment market by delivering enduring, multi-platform game experiences while maintaining diverse revenue streams and responsible business practices.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1993
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Total Funding
$3.7B
Above
Industry Average
Funded Over
7 Rounds
Bank of America says Take-Two Interactive Software (NASDAQ:TTWO) needs GTA 6 to make at least $1.9 billion in its first three days to satisfy investors. The game launches on November 19. The bank expects Take-Two to publish launch sales on Monday, November 23. An earlier announcement, from November 20, could signal strong demand; silence by November 23 could signal a weak start. About 15 million first-day sales would put the game on track for the 50 million copies the bank says it must sell in the 2027 financial year. Grand Theft Auto 5 made more than $1 billion in its first three days. The bank maintained its Buy rating and $330 price target.
Take-Two Interactive Software shares rose 8.3% on November 10, 2026, while the S&P 500 fell 0.4%. The gain came a day after the company reported fiscal second-quarter net bookings of $1.6 billion, below its own guidance of $1.62 billion to $1.67 billion. Investors were reassured because Take-Two kept its fiscal 2027 net bookings outlook of $8 billion to $8.2 billion. Its chief executive said preorders for Grand Theft Auto VI, which launches on November 19, had reached unprecedented levels. For the fiscal third quarter, the company guided net bookings of $3.35 billion to $3.5 billion, against $1.76 billion a year earlier. The stock closed at $224.64, still below its 52-week high of $258.41.
Take-Two Interactive isn't ready to "declare victory" on Grand Theft Auto VI, even as preorders are "tracking far in excess of our initial expectations," the company told investors on Monday, November 9, 2026. Chief executive officer Strauss Zelnick said the company avoids claiming success before it occurs. Take-Two kept its fiscal 2027 net bookings forecast at $8 billion to $8.2 billion. It expects $3.35 billion to $3.5 billion for October through December. Players had placed about 7.71 million digital preorders worldwide as of November 3, Reuters reported, citing Sensor Tower. Shares rose 4% after the market closed on Monday but were down about 16% over the past year. GTA 6 launches on Thursday, November 19, 2026.
Xbox and Take-Two announce 10-year deal, starting with GTA 6 cloud. Xbox One owners can play GTA 6 through Xbox Cloud Gaming from 19 November, but the deal's terms aren't public. Nov 10, 2026 Change language to Xbox CEO Asha Sharma announced a 10-year strategic partnership with Take-Two Interactive, starting with GTA 6 on Xbox Cloud Gaming. According to Insider Gaming, her post on X says GTA 6 will be playable on Xbox One through cloud gaming when it launches on 19 November. That means Xbox One owners can play GTA 6 without new hardware. Rockstar says the game will also be available via Xbox Cloud Gaming on Xbox Series X|S and Xbox One consoles, using Xbox Series S graphics settings. Rockstar also warns that connection speeds may affect performance in ways local play wouldn't. Today marks the first step in its new 10-year strategic partnership with Take-Two. Asha Sharma, CEO of Xbox Take-Two is the parent of Rockstar Games, creator of Grand Theft Auto and Red Dead Redemption. Sharma gave few details beyond the cloud access. GameSpot says she "didn't clarify what this means", and the deal's terms aren't public. According to Insider Gaming, Sharma also says more Rockstar titles will join Xbox Cloud Gaming, including Grand Theft Auto V and Red Dead Redemption 2. Access is less clear. It's unclear whether streaming will need a Game Pass subscription, and Pixel Twelve notes Xbox didn't say which access options will apply. Beebom says subscribers get 15 free hours with Ultimate, 10 with Premium, and five with Essential. Ball and The Verge disagree on whether GTA 6's cloud access is exclusive. Matthew Ball, Xbox's chief strategy officer, wrote on X on 7 October that the game won't stream exclusively or to PC. The Verge, as reported by Inquisitr, argues the arrangement "amounts to exclusive cloud play on Xbox consoles at launch", even if Microsoft's contract may not mention exclusivity. According to The Next Web, Take-Two's forecast of $8bn to $8.2bn in net bookings for the year to March 2027 rests largely on GTA 6. For UAE pricing, Tbreak's GTA 6 guide puts the UAE PlayStation Store price at AED 299.16 and covers unlock times and pre-load. The game launches on PS5 and Xbox Series X|S on 19 November, and the download requires up to 212 GB of storage, depending on the device. Pre-loading opened on 10 November for digital pre-orders on PS5 and Xbox Series X|S.
Take-Two Interactive reported second-quarter fiscal 2027 adjusted earnings of $1 per share, beating the 90 cents analysts expected. Net Bookings fell 18.3% to $1.6 billion, missing the $1.66 billion consensus. GAAP net revenues fell 15.6% to $1.50 billion. Lower costs lifted gross margin to 57.5% from 55.3%, and the net loss narrowed to $54 million from $133.9 million. NBA 2K27 sold more than 4 million units but fell short of the company's forecast. Grand Theft Auto VI is scheduled for November 19, with preorders far above initial expectations. For the third quarter, Take-Two expects Net Bookings of $3.35-$3.50 billion, versus $1.76 billion a year earlier. It kept its full-year Net Bookings outlook at $8-$8.20 billion.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1993
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