Video game publisher Take-Two (TTWO) is preparing for a massive launch in 2025 when Rockstar Games’ Grand Theft Auto VI comes out later this year. An official release date for GTA 6 hasn’t been announced yet, but we know the developer is targeting a 2025 release. Take-Two backed this up in a prior earnings call when it said the game was on track to release in the autumn of this year.
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Outside of that, Rockstar Games hasn’t provided fans with additional details about the upcoming entry in its popular Grand Theft Auto series. We know gamers are excited about the release, with the original trailer having more than 230 million views on Rockstar Games’ YouTube channel.
Considering GTA 6’s release date is likely this year, fans expect more details from the developer. New trailers, versions being released, and other information will be revealed leading up to the game’s release. It seems unlikely that Rockstar Games would delay Grand Theft Auto VI to 2026 as it would risk missing out on the important holiday shopping season by doing so.
What This Means for Take-Two Stock
Take-Two, the parent company of Rockstar Games, is set for massive profits following the release of GTA 6. Grand Theft Auto V has been a huge success for the publisher with more than 205 million units sold since its September 2013 release. That makes it the second-best-selling game in history behind Microsoft’s (MSFT) Minecraft, which is getting a live-action movie this year.
Analysts agree that Grand Theft Auto VI will likely be a major win for Take-Two, as DFC Intelligence estimates $1 billion in preorders before the game’s release. The firm’s analysts also expect GTA VI to generate $3.2 billion of revenue during its first year on the market.
Is TTWO Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Take-Two is Strong Buy based on 16 Buy and two Hold ratings over the last three months. With that comes an average price target of $193.88, a high of $218, and a low of $156. This represents a potential 5.32% upside for TTWO shares.
