GTA 6 Online Could Be Released In Early 2027, Bank Says

Take-Two's biggest release ever, GTA 6, is coming up in November, but the company's share price continues to drop. It's down 21% this year and has now dipped under $200 this week after reaching a 52-week high of $265.

In short, the stock is struggling, but one big bank says it sees a lot of upside, in part because Rockstar is expected to release a new version of GTA Online--potentially in the first quarter of 2027--that could generate loads of money.

"We recommend being long $TTWO through the GTA 6 launch," the bank said in a memo to investors seen by Business Insider. Being "long" means the investor would buy and hold. The bank said Take-Two stock "remains cheap."

In particular, Bank of America said investors are not fully appreciating how big GTA Online 2.0 could be. To be sure, Rockstar is calling GTA 6 a single-player game, but everyone expects multiplayer to arrive in some form eventually. …