Take-Two Raises Fiscal 2027 Revenue Forecast Ahead of GTA VI Launch

What changed in Take-Two's fiscal 2027 outlook?

Take-Two increased both ends of its annual revenue forecast by $80 million and raised the lower end of its GAAP earnings-per-share guidance by $0.02 to $0.57–$0.75, while maintaining its existing net bookings target.

Orbitrum Investor Impact

Why does the higher revenue forecast matter for Take-Two?

The improved outlook signals greater expected recognized revenue ahead of GTA VI's release, but the unchanged bookings forecast means Take-Two has not increased its expectations for total sales activity despite strong pre-orders.

Why did Take-Two leave bookings guidance unchanged despite strong GTA VI pre-orders?

CEO Strauss Zelnick said GTA VI pre-orders were far above initial expectations but declined to raise bookings guidance before the game launched, reflecting the distinction between encouraging advance demand and confirmed commercial performance.

How weak were Take-Two's second-quarter results?

Fiscal second-quarter net bookings fell 18% to $1.60 billion from $1.96 billion a year earlier, while GAAP revenue declined to $1.50 billion from $1.77 billion, highlighting the importance of the upcoming release to Take-Two's annual outlook.

What could the revised outlook mean for Take-Two stock?

For Take-Two shareholders, the higher revenue forecast supports expectations for stronger financial performance, but the unchanged bookings outlook leaves the investment case closely tied to GTA VI's launch sales and subsequent player spending.

What should Take-Two investors watch after the GTA VI launch?

The next major test is GTA VI's scheduled November 19, 2026 launch, followed by Take-Two's fiscal third quarter ending December 31, for which the company forecast net bookings of $3.35 billion–$3.50 billion.