Take-Two Interactive: Accelerating Bookings, Upgraded FY26 Outlook, and GTA VI Catalyst Reinforce Buy Rating

UBS analyst Chris Schoell has reiterated their bullish stance on TTWO stock, giving a Buy rating today.

Chris Schoell has given his Buy rating due to a combination of factors that underscore Take-Two’s accelerating growth trajectory. He highlights the broad-based beat in quarterly bookings and earnings as evidence that recurrent consumer spending channels, spanning NBA, mobile, and GTA Online, are outperforming prior assumptions. Schoell also emphasizes management’s upgraded fiscal 2026 guidance, which now points to faster bookings growth and a nearly doubled outlook for adjusted earnings, underpinned by strength across franchises and disciplined expense timing.
He underscores the strategic importance of Grand Theft Auto VI, whose anticipated November 2026 launch is viewed as a major catalyst capable of driving record bookings and a step change in profitability. Revised long-term estimates reflect confidence that bookings and earnings can compound meaningfully through fiscal 2028 as RCS scales and GTA VI demand materializes, while potential new pipeline disclosures could bolster visibility. Schoell further notes that, despite investor concerns about AI, Take-Two’s premium IP portfolio and potential AI-enabled efficiencies should help protect margins and sustain free cash flow inflection, reinforcing the Buy stance.

In another report released today, TD Cowen also reiterated a Buy rating on the stock with a $284.00 price target.

Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTWO in relation to earlier this year.