Take-Two Interactive (TTWO) shares closed 8.1% down right now after the online game holding firm delayed the launch of its most-anticipated title, Grand Theft Auto VI, to November 2026.
It’s the second time TTWO has postponed that flagship title, initially scheduled for fall of 2025, elevating issues in regards to the firm’s capability to satisfy growth commitments.
Following right now’s decline, Take-Two inventory is down greater than 10% versus its October excessive.
The TTWO selloff on Nov. 7 is especially vital because it has introduced the inventory dangerously near its 200-day shifting common (MA) – a key assist that will decide its near-term trajectory.
If the corporate’s share worth breached this technical assist at round $228 subsequent week, extra promoting stress from momentum-based buyers might push them additional down heading into 2026.
In the meantime, choices merchants additionally appear to imagine that Take-Two shares might tank to as little as $205 by mid-January.
In line with Barchart, contracts expiring Nov. 21 have an implied transfer of three.6%, signaling TTWO shares might break beneath their 200-day MA inside the subsequent two weeks.
Additionally on Friday, Take-Two delivered spectacular second-quarter earnings that exceeded Wall Avenue estimates with web bookings coming in up a whopping 33% on a year-over-year foundation.
Sturdy efficiency from the likes of NBA 2K26 and GTA On-line additionally made the administration carry its web bookings steerage for the full-year to $6.45 billion from the earlier $6.15 billion tops.
Nonetheless, the corporate’s strong financials have been fully overshadowed by issues of delayed income from its most vital franchise, reinforcing focus danger.
It confirmed that a lot of TTWO inventory’s valuation relies upon solely on the launch of that single title which amplifies volatility and magnifies market reactions to any perceived setbacks.
Regardless of one more GTA VI delay, Wall Avenue stays bullish on Take-Two inventory.
In line with Barchart, the consensus score on TTWO shares at the moment sits at “Reasonable Purchase” with the imply goal of about $273 indicating potential upside of 18% from right here.
