Take-Two stock rises as Red Dead Redemption 2 reaches 79 million units as fourth best-selling game

Take-Two Interactive’s stock (TTWO) rose on Monday after Rockstar Games announced that Red Dead Redemption 2 has reached 79 million units sold. The milestone places the game as the fourth best-selling video game of all time, surpassing Nintendo’s Mario Kart 8 Deluxe, which has sold 78.02 million units.

Remaining ahead of Red Dead Redemption 2 are Nintendo’s Wii Sports at 82.9 million units, Grand Theft Auto V at 220 million units, and Microsoft’s Minecraft at 350 million units.

Red Dead Redemption 2 was originally released on October 26, 2018. Fans and industry observers have noted that reaching such a milestone more than seven years after launch highlights the game’s long-term popularity.

Take-Two’s previous success with Grand Theft Auto V demonstrates the company’s ability to maintain strong sales over several years. Investors are watching closely as Grand Theft Auto VI, initially scheduled for release this year, has been delayed to November 19, 2026, which may replicate similar long-term success.

Take-Two stock rose by 1.41% on Monday, extending a 26% year-to-date gain. Over the past 12 months, the shares have increased by 29.33%. Trading volume on Monday was around 600,000 shares, below the three-month daily average of approximately 1.63 million shares.

Wall Street analysts currently rate Take-Two as a Strong Buy. The consensus is based on 14 Buy ratings and a single Sell rating over the past three months. Analysts have set an average price target of $284.62, representing a potential upside of 20.92% for the stock.

The milestone for Red Dead Redemption 2 and the continued anticipation for Grand Theft Auto VI have contributed to Take-Two’s positive performance, according to fans and market observers.