The Highly Anticipated “Grand Theft Auto VI” Set to Release in Fall 2025

Key Takeaways:

• Take-Two Interactive announced the release date for “Grand Theft Auto VI” for fall 2025.
• Previously, the company had hinted at a release next year without specifying a date.
• Due to the timing of the game’s release, Take-Two Interactive adjusted its forecast for fiscal 2025 net bookings.

Take-Two Interactive Software (TTWO) saw a slight increase in its share price during intraday trading following the announcement that the highly anticipated “Grand Theft Auto VI” would be released in the fall of 2025. The latest installment of the popular franchise, developed by subsidiary Rockstar Games, had previously been teased for a release sometime next year, but without a specific date.

Lowers Forecast for Fiscal 2025 Net Bookings

Despite the excitement surrounding the upcoming release, Take-Two Interactive tempered expectations by revising its forecast for fiscal 2025 net bookings. The company now anticipates net bookings to fall within the range of $5.55 billion to $5.65 billion, citing “a narrowing of Rockstar Games’ previously established window of Calendar 2025 to Fall of Calendar 2025 for Grand Theft Auto VI.” This adjustment represents a significant decrease from the previous forecast of just above $7 billion for fiscal 2025 net bookings.

Q4 Revenue Beat But Wider Net Loss Than Expected

Alongside the announcement of the release date for “Grand Theft Auto VI,” Take-Two Interactive also reported its fiscal 2024 fourth-quarter results. Despite a 3% decline in net bookings from the previous year to $1.35 billion, the figure surpassed analysts’ expectations. Revenue also dipped by 3% to $1.40 billion, exceeding estimates. However, the company posted a net loss of $2.90 billion, or $17.02 per share, which was significantly higher than what analysts had predicted. This loss included $2.18 billion in goodwill impairment.

Following these announcements, shares of Take-Two Interactive Software experienced a modest increase of 0.5% to $146.83 as of 12:30 p.m. ET on Friday. Despite this uptick, the stock has seen a 9% decline since the beginning of the year.

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As fans eagerly await the release of “Grand Theft Auto VI” in fall 2025, Take-Two Interactive continues to navigate the shifting landscape of the gaming industry. With revised forecasts and financial results that exceeded some expectations but fell short in other areas, the company remains focused on delivering high-quality gaming experiences to its dedicated fan base.

Conclusion

The announcement of “Grand Theft Auto VI” has generated significant buzz among gamers and investors alike. With a confirmed release date and revised financial forecasts, Take-Two Interactive is poised to capitalize on the success of one of its flagship franchises. As the gaming industry continues to evolve, companies like Take-Two must adapt to changing consumer preferences and market dynamics to remain competitive and profitable.

Stay tuned for more updates on “Grand Theft Auto VI” and other developments from Take-Two Interactive as they continue to shape the future of gaming.