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Take-Two Earnings Boost Delayed Along with 'GTA VI'
- Take-Two Interactive announced that the release of Grand Theft Auto VI, originally scheduled for 2025, has been postponed to May 2026 by its subsidiary Rockstar Games.
- The delay results from the company's desire to perfect the game amid high industry expectations and avoid reputational risk associated with a rushed launch.
- Grand Theft Auto VI has generated significant hype, with trailers viewed over 368 million times combined and featuring new elements such as a playable female protagonist and a Vice City setting.
- Take-Two lowered its earnings forecasts for fiscal 2026 due to the delay, leading to a nearly 3 percent after-market drop in shares, despite strong overall revenue growth prospects.
- Despite the postponement, investor sentiment remains positive, with over 90 percent of analysts recommending Take-Two stock and confidence in a robust pipeline beyond GTA VI.
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69 Articles
Daily Journal
Take-Two earnings boost delayed along with 'GTA VI'
Take-Two Interactive on Thursday dialed back earnings expectations for the current fiscal year due to the delayed release of keenly anticipated video game "Grand Theft Auto VI".
Take-Two sees annual bookings below revised estimates as 'GTA VI' delay weighs
(Reuters) -Take-Two Interactive on Thursday forecast fiscal 2026 bookings below revised Wall Street expectations, signaling that a strong lineup of releases this year may not cushion a hit from the delay of its highly anticipated "Grand Theft Auto VI".
Take-Two CEO calls 'GTA VI' the 'most-anticipated entertainment property of all time'
Take-Two Interactive CEO Strauss Zelnick said that the delay of "Grand Theft Auto 6" is a "worthy investment."Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty ImagesTake-Two's CEO said in an earnings call Thursday that the delay of "GTA 6" is a "worthy investment."The delay led to an initial 8% drop in Take-Two's stock. Shares fell again on Thursday.Take-Two said it remains optimistic, citing coming releases like 'Borderlands…
Market Analysis: ITV, MNTN And Take-Two Interactive & Burberry
ITV: Challenges from Writers' Strike and Fewer US Streaming Projects;Potential Studio Sale Could Refocus Strategy on Streaming; Take-Two Interactive: In-game monetization and episodic content couldbroaden revenue beyond one-off releases after GTA VI delay; MNTN IPO: Clear optimism around growth trajectory, but risks remainas streaming giants build their own advertising platforms. Burberry: Refocus on heritage staples over fashion trends reinfo…
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