Take-Two Interactive Delays GTA 6 Release: What To Know
Take-Two Interactive stock is higher even after the video-game maker delayed the release of Grand Theft Auto VI. Here's what you need to know.


Take-Two Interactive Software (TTWO) stock is trading higher Friday as the video-game maker's better-than-expected bookings for its fiscal 2024 fourth quarter offsets news the company is delaying the release of Grand Theft Auto VI (GTA VI).
Starting with earnings. In the three months ended March 31, Take-Two said total net bookings decreased 3% year-over-year to $1.35 billion, which exceeded the high-end of its guidance range of $1.27 billion to $1.32 billion.
The bookings also beat analysts' expectations, which called for $1.3 billion, according to Reuters.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
However, Take-Two then lowered its bookings guidance for fiscal 2025 to reflect a delay of its GTA VI release until the fall of calendar 2025. The company now anticipates bookings of $5.55 billion to $5.65 billion, down from its previous estimate of "a little above $7 billion," Lainie Goldstein, chief financial officer of Take-Two Interactive, said in the earnings call.
"Looking ahead, we believe that our Company is poised to achieve new levels of success, and we expect to deliver sequential growth in net bookings for fiscal 2025, 2026, and 2027," Take-Take Interactive CEO Strauss Zelnick said in a statement. "As we deliver our pipeline, we are confident that we will drive our scale, enhance our margins, and deliver industry-leading returns for our shareholders."
Where does Take-Two Interactive stock stand with analysts?
Analysts are generally upbeat toward the communication services stock. According to S&P Global Market Intelligence, the average target price for TTWO stock is $175.21, representing implied upside of about 20% to current levels. Additionally, the consensus recommendation is Buy.
Financial services firm Wedbush is unfazed by the delay of GTA VI, reiterating its Buy rating and $190 price target in a May 17 note.
“We kept our fiscal year 2026 estimates unchanged, with GTA VI launching in the December quarter instead of the September quarter in our model," Wedbush analyst Nick McKay says. The analyst expects the launch to drive quarterly sales of 25 million units, though adds that this could be a conservative estimate.
"We are encouraged by the firmer window for GTA VI, and expect Take-Two shares to react positively once gamers and investors alike learn additional details about the title, through features at game shows (perhaps in June) or additional trailers," McKay says.
Wedbush's $190 price target represents implied upside of nearly 30% to current levels.
Related Content
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
Mom needs a nursing home. Should I spend down her assets so she qualifies for Medicaid?
We asked expert financial advisers for their advice.
-
Financial Fact vs Fiction: Why Your 'Magic Number' Isn't Actually Magical
Do you think you're diversified if you're invested in the S&P 500 and Nasdaq? Do you think your tax rate will fall in retirement? Think again — and read on for other myths that could be leading you astray.
-
Opportunity Zones: An Expert Guide to the Changes in the One Big Beautiful Bill
The law makes opportunity zones permanent, creates enhanced tax benefits for rural investments and opens up new strategies for investors to combine community development with significant tax advantages.
-
Five Ways Retirees Can Keep Perspective Through Market Jitters
Market volatility is a recurring event with historical precedents (the dot-com bubble, global financial crisis and pandemic), each followed by recovery. Here's how people who are near or in retirement can navigate economic uncertainty.
-
Stock Market Today: Trump Reextends His Tariff Deadline
When it comes to this president, his trade war, the economy, financial markets and uncertainty, "known unknowns" are better than "unknown unknowns."
-
Should You Start a 'Trump Account' for Your Child?
"Trump Accounts" for kids is part of the One Big, Beautiful Bill that was just signed. Look at if it's worth it for your children.
-
I'm a Financial Strategist: This Is the Investment Trap That Keeps Smart Investors on the Sidelines
Forget FOMO. FOGI — Fear of Getting In — is the feeling you need to learn how to manage so you don't miss out on future investment gains.
-
Can You Be a Good Parent to an Only Child When You're Also a Business Owner?
Author and social psychologist Susan Newman offers advice to business-owner parents on how to raise a well-adjusted single child by avoiding overcompensation and encouraging chores.
-
How Advisers Can Steer Their Clients Through Market Volatility (and Strengthen Their Relationships)
Financial advisers need to be strategic when they communicate with clients during market volatility. The goal is to not only reassure them but to also help them avoid rash decisions, deepen your relationship with them and build lasting trust.
-
Stock Market Today: President Trump Reboots the Tariff Trade
A broad consensus that markets hate uncertainty more than anything else is being tested on an almost daily basis in 2025.