Buy Recommendation for Take-Two Interactive Driven by Anticipated Success of GTA VI and GTA Online 2

Analyst Mike Hickey of Benchmark Co. reiterated a Buy rating on Take-Two, retaining the price target of $275.00.

Mike Hickey has given his Buy rating due to a combination of factors, primarily centered around the anticipated release and success of Grand Theft Auto VI (GTA VI) and its online counterpart, GTA Online 2. The upcoming launch of GTA VI in May 2026 is expected to generate significant interest and sales, with trailers already breaking records and setting the stage for a multi-year super cycle. The anticipation is further fueled by Rockstar’s strategic marketing efforts, which are likely to sustain consumer excitement and bolster investor confidence.
Hickey also projects a substantial increase in earnings, with GTA VI expected to sell millions of units and generate billions in net bookings. The introduction of live-service monetization through GTA Online 2 is anticipated to provide an additional growth engine, contributing significantly to the company’s financial performance. Furthermore, Rockstar’s expanded development capacity is expected to support a steady stream of content updates and DLC, enhancing the franchise’s ecosystem. Hickey’s valuation model, which considers a conservative view on initial sales but strong long-term growth, supports a high price target for Take-Two’s stock, reinforcing the Buy recommendation.