Take-Two shares drop 4% despite strong Q4 and confirmed GTA VI release date

Take-Two Interactive's shares fell over 4% after the company reported strong Q4 results and confirmed the release of Grand Theft Auto VI on November 19, 2026. Despite beating expectations, the fiscal 2027 bookings guidance was conservative, leading to investor caution. Wedbush analysts remain optimistic, highlighting steady recurring revenue and portfolio strength, maintaining an 'Outperform' rating with a $300 price target. The firm also raised confidence in the GTA VI release timeline, now 90% likely to hold.