Take-Two (TTWO) stock was down on Tuesday despite comments from five-star Bank of America analyst Omar Dessouky. In a new note covering Take-Two, Dessouky argued the company should aim for a higher price for Grand Theft Auto 6. According to him, “We also heard from attendees that the industry, which is perceived as struggling, would have difficulty selling games for $80 if GTA 6 came out at $70. We think it’s in Take-Two’s self-interest, as a publisher and partner to many developers, to raise the price point for the entire industry.”
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Dessouky also updated his price target for Take-Two stock alongside the latest research note. The analyst boosted his TTWO stock price target to $320 from $305, suggesting a possible 43.53% upside for the shares. He also reiterated a Buy rating for TTWO stock.
Take-Two CEO Strauss Zelnick also recently commented on the expectations for GTA 6. He said the company intends to deliver a game the likes of which has never been seen before. However, he also noted that this comes with a healthy dose of excitement and fear surrounding expectations. GTA 6 will be released on November 19, 2026.
Take-Two Stock Movement Today
Take-Two stock was down nearly 1% on Tuesday, extending a 12.92% year-to-date loss. The shares have also fallen 2.87% over the past 12 months.
TTWO stock movement today saw some 414,000 shares change hands, compared to a three-month average daily trading volume of about 1.74 million shares.
Is Take-Two Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Take-Two is Strong Buy, based on 11 Buy ratings over the past three months. With that comes an average TTWO stock price target of $292.36, representing a potential 31.08% upside for the shares.
