JPMorgan sets Take-Two stock price target ahead of GTA 6 launch

JPMorgan reiterated its “Overweight” rating on Take-Two Interactive (NASDAQ: TTWO ) and maintained a TTWO stock price target of $310, citing strong expectations for the upcoming Grand Theft Auto 6 (GTA 6) launch. The investment bank also highlighted that Take-Two reaffirmed its fiscal 2027 net bookings guidance of $8 billion to $8.2 billion, implying annual growth of 19% to 22% also supported by unprecedented GTA 6 pre-orders. As JPMorgan estimates, the guidance assumes approximately 34 million GTA 6 copies sold, broadly in line with the 33 million copies sold by GTA V during its first fiscal year. GTA 6 launch and other games will drive TTWO stock price Meanwhile, NBA 2K27 delivered the second-highest net bookings ever but fell short of management’s expectations.

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