Take-Two reaffirms $8.0 to $8.2B FY27 target on GTA 6

Take-Two reaffirmed its fiscal 2027 net bookings target of $8.0 to $8.2 billion at its first-quarter earnings on August 7, 2026, and it kept that range rather than raising it. The target is the clearest financial signal of how much of Take-Two's near-term future rides on Grand Theft Auto VI, which launches November 19, 2026 on PS5 and Xbox Series X|S. An earlier version of this story misdated the report to August 17 and described the target as lifted; both were wrong, and we have corrected them against the company's filing. Our Take-Two stock tracker keeps the live number.

The number to anchor to is the $8.0 to $8.2 billion range, which Take-Two reiterated, not a stock price. In its Q1 release and prepared remarks, the company reported total net bookings of about $1.39 billion for the quarter ended June 30, slightly above its own guidance, and cited what it called an exceptional start to GTA 6 pre-orders. Crucially, it did not raise the full-year outlook, because, as CEO Strauss Zelnick explained on the call, pre-orders can be cancelled and no units have actually sold yet.

That restraint is the real story for investors. Reaffirming rather than raising guidance, with the biggest launch in company history twelve weeks out, is a deliberately conservative posture. Take-Two disclosed no GTA 6 pre-order unit count and no dollar figure tied specifically to the game, so the aggregate $8.0 to $8.2 billion target is the only official forward number anchored to the launch. Everything more precise you may have seen, including pre-order tallies, is third-party estimate, not company guidance.

For players, the financial framing matters because it shapes how aggressively Rockstar and Take-Two push pre-orders, digital editions and the boxed download-code format. The Ultimate edition remains digital only, and the Standard box ships a download code rather than a disc. The economics of a largely digital launch are part of why the guidance can be this large while the company still refuses to break out a GTA 6 line item. You can see the edition split on our editions page.

What would actually move the story is a revision. Take-Two has not scheduled its fiscal Q2 2027 earnings call as of early October, and third-party calendars that float a November date are estimates, not announcements. Any change to the $8.0 to $8.2 billion range between now and launch, up or down, would be the clearest public signal of how GTA 6 is tracking. Until then, the reaffirmed target stands as the publisher's on-the-record commitment.

So the honest version is narrower than a headline stock number suggests. Take-Two confirmed, on August 7, a reaffirmed $8.0 to $8.2 billion fiscal 2027 net bookings target built around GTA 6, an exceptional pre-order start with no disclosed figures, and conservative guidance that leaves room to surprise. We will update this page when the company reports again or changes the range, not when a single day's share move tempts a bigger claim than the filing supports. A stock price is a market opinion that changes by the minute; the guidance range is the number Take-Two actually put its name to, and it is the one worth watching into November.