Guide
GTA 6 Online Could Launch in Early 2027, Bank of America Says
On this page
Current status
- Current status: Analyst forecast only (Business Insider).
- Last verified: October 29, 2026.
- What is confirmed: GTA 6 launches November 19, 2026 on PS5 and Xbox Series X|S (Rockstar Newswire).
- What is not confirmed yet: whether online is in the game at launch, and any online launch date. See will GTA 6 have online at launch.
What BofA said
Reported (Business Insider): "We recommend being long TTWO through the GTA 6 launch... It remains cheap on the LT growth we believe will soon become apparent." BofA sees online monetization as Take-Two's "most important earnings driver" long term (Business Insider).
Reported (Proactive): BofA expects GTA Online "to begin demonstrating stronger monetisation from the first quarter of calendar 2027". It could account for 40% to 60% of Take-Two's earnings by fiscal 2029. The bull case is about $4.3 billion in GTA Online net revenue in FY2029, and the base case $2.6 billion (Proactive).
Price target and stock
Reported: BofA cut its price target to $330. Business Insider and GameSpot say it was cut from $380, and Proactive says from $368. We couldn't resolve the difference (Business Insider, Proactive).
Reported: Proactive says BofA cut its FY2028 EPS forecast to $13.03 from $14.13, at a 25x multiple. Business Insider says shares are down 21% year to date and the new target implies 62% upside. GameSpot says the stock dipped below $200 this week. More in Take-Two stock and analyst forecasts.
The PC connection
Reported (GameSpot): the Q1 2027 window lines up with when a PC edition could arrive (GameSpot). See GTA 6 PC Q1 2027 report.
Analysis: if BofA is right, online would arrive a few months after the November 19 story launch. Take-Two's next earnings call may give more detail. See the November earnings call.
Confirmed vs rumored: GTA 6 Online
| Claim | Status |
|---|---|
| GTA 6 out Nov 19, 2026 | Confirmed (Rockstar) |
| New GTA Online in Q1 2027 | Analyst forecast (BofA) |
| BofA target $330 (Buy) | Reported |
| Cut from $380 vs $368 | Conflicting reports |
| Online 40-60% of earnings by FY2029 | Analyst forecast |
The bottom line
Analysis: this is a bank's model, not a Rockstar date. It does show that Wall Street expects online to follow early in 2027. Our online release date tracker has everything else.
Sources checked
- Business Insider: BofA on Take-Two
- GameSpot: GTA 6 Online could release in early 2027
- Proactive: BofA sees GTA Online driving growth
- Rockstar Newswire: November 19 launch
Update log: 2026-10-29: Published.
Frequently asked questions
- When does GTA 6 Online come out?
- Rockstar hasn't said. Bank of America expects a GTA Online launch in calendar Q1 2027.
- Will GTA 6 have online at launch?
- Not confirmed. BofA's forecast implies the new online mode arrives after the November 19 launch.
- What is BofA's Take-Two price target?
- $330 with a Buy rating. Reports differ on whether it was cut from $380 or $368.
Keep exploring GTA 6
Has played every mainline Grand Theft Auto since GTA III in 2001.
Editorial note: GTA6Home is an independent fan resource and is not affiliated with Rockstar Games or Take-Two Interactive. We track official Rockstar announcements and update this guide whenever the facts change — the “Last updated” date above reflects the latest review. Anything not officially confirmed is labeled per our Editorial Policy.