Take-Two Interactive (TTWO) saw its stock rise on Monday following an announcement from Rockstar Games that its critically acclaimed title, Red Dead Redemption 2, has reached a significant sales milestone of 79 million units. This impressive figure positions Red Dead Redemption 2 as the fourth best-selling video game of all time, surpassing Nintendo’s Mario Kart 8 Deluxe, which stands at 78.02 million units sold.
The leaderboard of the highest-selling games is topped by Microsoft’s Minecraft, with 350 million units sold, followed by Take-Two’s Grand Theft Auto V at 220 million units, and Nintendo’s Wii Sports with 82.9 million units sold. The enduring popularity of Red Dead Redemption 2, which was released on October 26, 2018, highlights its remarkable longevity in a rapidly evolving gaming market. The continued success of both Red Dead Redemption 2 and Grand Theft Auto V suggests promising prospects for the upcoming Grand Theft Auto VI, which has recently been rescheduled for release on November 19, 2026.
On Monday, Take-Two’s stock increased by 1.41%, marking an impressive 26% gain year-to-date. Over the past year, shares have surged by 29.33%. The trading volume was moderate, with approximately 600,000 shares traded compared to a three-month daily average of about 1.63 million.
Analysts seem optimistic about Take-Two’s future, as reflected in Wall Street’s consensus rating of Strong Buy, supported by 14 Buy ratings and only one Sell rating in the last three months. The average price target for TTWO stock is set at $284.62, indicating a potential upside of around 20.92%.
The robust sales figures for Red Dead Redemption 2 not only reinforce Take-Two’s position in the gaming industry but also inspire confidence among investors regarding upcoming game releases. With a strong portfolio and anticipated future successes, Take-Two is well-positioned for continued growth in the dynamic video game market.