Take-Two Interactive Software’s stock has surged nearly 12% in a week ahead of the Grand Theft Auto 6 preorder launch on Thursday, June 25. Bank of America Securities has reiterated its buy rating, raising its price target to $368, implying a potential 52% gain from the current price of around $242. The bank anticipates robust online monetization from the game, which is set for release on November 19, 2026.
Take-Two Interactive Software stock is gaining attention as Grand Theft Auto 6 preorders approach. The preorder window opens on June 25, with pricing details to be revealed.
TTWO stock has risen close to 12% in the week leading up to this event. This momentum could potentially continue in the charts following the announcement.
Bank of America Securities has reiterated its buy rating on TTWO stock with a higher price target. The firm predicts the equity could surge to $368 from its current price of $242.
That forecast represents an approximate 52% return on investment from its present value. An investment of $1,000 could theoretically grow to over $1,500 if the prediction proves accurate.
The bank sees significant upside following GTA 6’s release on November 19, 2026. It expects the company’s ‘pay-to-progress’ model to drive higher player spending than games like Fortnite.
The firm predicts each player could spend around $60 per-user monetization. Higher player spending would lead to increased revenues for Rockstar Games.
TTWO stock will remain in the spotlight throughout 2026 as the game’s launch nears. Fans have been eagerly awaiting the title for over a decade since GTA 5’s 2013 release.
It is expected that GTA 6 could cross $1 billion in sales on its launch day. The game is poised to be one of the most talked-about releases of the year.
