Rockstar Games Announces GTA VI Pre-orders Start June 25
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Rockstar Games said in a post to X: "Pre-orders for Grand Theft Auto VI will officially begin on June 25 on digital storefronts and at other select retailers."
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Analyst Views on TTWO
Wall Street analysts forecast TTWO stock price to rise
14 Analyst Rating
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 228.030
Low
270.00
Averages
286.77
High
300.00
Current: 228.030
Low
270.00
Averages
286.77
High
300.00
About TTWO
Take-Two Interactive Software, Inc. is a developer, publisher, and marketer of interactive entertainment for consumers around the globe. The Company develops and publishes products principally through Rockstar Games, 2K, and Zynga. Its products are designed for console gaming systems, including, but not limited to, the Sony Computer Entertainment, Inc. (Sony) PlayStation4 (PS4) and PlayStation5 (PS5), the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox Series XS (Xbox Series XS), and the Nintendo Switch (Switch), as well as mobile, including smartphones and tablets, and personal computers (PC). It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. It sells software titles both digitally and physically through direct relationships with digital storefronts and platform partners, large retail customers, and third-party distributors. It also sells advertising within a number of its games, primarily in mobile.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Take-Two Confirms GTA VI Pre-Order Date, Shares Rise
- Stock Surge: Take-Two Interactive shares rose 4% on Thursday as Wall Street welcomed Rockstar Games' announcement that Grand Theft Auto VI pre-orders are officially starting, signaling the game is moving into its commercial phase and boosting investor confidence.
- Pre-Order Launch: Rockstar Games revealed that digital and retail pre-orders for Grand Theft Auto VI will officially go live on June 25, generating immediate viral momentum across social media and further heightening market anticipation for the title.
- Confidence in Development Timeline: Despite the game's rocky development cycle with multiple delays, the pre-order timeline indicates a firm commitment to the November 19 release date, alleviating investor fears of another costly holiday delay, which could positively impact the company's financial performance.
- Sales Projections: Take-Two CEO Strauss Zelnick has projected FY2027 net bookings to reach between $8 billion and $8.2 billion, with analysts estimating that the game could sell over 45 million units at launch, highlighting its significant market potential.
See More
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- Market Rally: The S&P 500 rose 1.1%, the Nasdaq 100 increased by 2.5%, and the Dow Jones added 0.1%, reflecting investor optimism around a US-Iran peace deal that offset concerns about a potential rate hike by the Federal Reserve, thus driving positive market sentiment.
- Oil Price Decline: Both Brent and WTI crude futures traded below $80 per barrel, influenced by the preliminary agreement signed between the US and Iran to end hostilities and reopen the Strait of Hormuz, which could potentially boost global oil supplies and impact market dynamics.
- Strong ETF Performance: Among ETFs tracking benchmark indices, the SPDR S&P 500 ETF gained 1.2%, the Invesco QQQ Trust rose 2.5%, and the VanEck Semiconductor ETF soared 6%, indicating strong investor interest and confidence in technology stocks.
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Take-Two Announces Preorders for Grand Theft Auto VI Starting June 25
- Preorder Launch Date: Take-Two Interactive announced that digital and retail preorders for Grand Theft Auto VI will officially begin on June 25, reinforcing the company's commitment to the November 19 launch timeline, which is projected to be one of the largest entertainment releases in history.
- Strong Consumer Demand: Analysts indicate unprecedented consumer demand built up over the 13-year gap since the last installment, with Take-Two's stock gaining about 5% on Thursday, reflecting investor confidence as the company prepares to capture massive consumer capital after years of development.
- Undecided Pricing Strategy: Despite the preorder date being set, Rockstar has not disclosed the game's pricing structure or details on special or collector's editions, leading to ongoing discussions among industry observers regarding software pricing, particularly as development costs have ballooned.
- Optimistic Market Sentiment: Retail sentiment on Stocktwits is reported as 'bullish' with high message volumes, with one user predicting the game will sell 60 million copies at launch, even though TTWO stock has lost 6.5% year-to-date.
See More
GTA VI Pre-Orders Start June 25, Firm Launch Date Set
- Pre-Order Date: Rockstar Games announced that pre-orders for Grand Theft Auto VI will officially begin on June 25 across digital storefronts and select retailers, marking a significant step towards the game's market entry and heightening player anticipation.
- Official Release Date: After several high-profile delays, the studio has confirmed November 19 as the new release date for Grand Theft Auto VI, indicating that the latest installment in the series finally has a clear timeline, which is likely to attract more player interest.
- Franchise History: Since its inception in 1997, the Grand Theft Auto franchise has undergone five major updates, with 2013's GTA V becoming one of the best-selling entertainment products in history, selling over 225 million copies, showcasing the series' strong market appeal.
- Stock Price Reaction: Shares of Take-Two Interactive rose 4.4% in premarket trading, likely driven by market relief over the anticipated launch of GTA VI, reflecting investor optimism regarding the company's future performance.
See More
U.S. Stocks Close Mixed: Dow Hits All-Time High
- Dow Hits All-Time High: The Dow Jones Industrial Average rose by 0.64%, reaching a new all-time high, reflecting investor confidence in economic recovery, despite mixed overall market performance indicating divergent views among investors on various sectors.
- Chip Stocks Decline: With Marvell Technology and Intel falling over 9% and 8% respectively, the weakness in chipmakers weighed on the broader market, suggesting that the pressure on tech stocks may impact future investment sentiment.
- Weak Housing Data: U.S. May housing starts fell 15.4% month-over-month to a six-year low of 1.177 million, below expectations of 1.430 million, indicating that the weakness in the housing market could pose challenges to economic growth.
- Oil Prices Plummet: WTI crude oil prices dropped more than 5% to a 3.5-month low due to the U.S.-Iran agreement to reopen the Strait of Hormuz, enhancing expectations for a revival in oil supplies, which may affect the performance of energy stocks.
See More
Piper Sandler Reaffirms 'Overweight' Rating on Take-Two
- Strong Sales Expectations: Piper Sandler reaffirms its 'Overweight' rating on Take-Two and maintains a $280 price target, anticipating over 45 million units of 'GTA VI' to be sold at launch based on analysis of 15 major game releases, indicating robust market demand.
- Positive Market Reaction: Take-Two's shares rose 6.3% during Tuesday's trading session, reflecting investor optimism regarding strong sales expectations for 'GTA VI', although the stock slightly dipped 0.39% in after-hours trading, the overall trend remains positive.
- Optimistic Financial Outlook: Take-Two expects fiscal 2027 to be a significant growth year, primarily driven by the launch of 'GTA VI', with initial projections for net bookings between $8 billion and $8.2 billion, representing about 20% growth over fiscal 2026, showcasing the game's market potential.
- Analyst Confidence: Among the 29 analysts covering TTWO, 28 rate it as 'Buy' or 'Strong Buy', reflecting strong market confidence in Take-Two's future performance, with a 12-month average price target of $279.11, suggesting a potential upside of 25%.
See More
Take-Two Confirms GTA VI Pre-Order Date, Shares Rise
- Stock Surge: Take-Two Interactive shares rose 4% on Thursday as Wall Street welcomed Rockstar Games' announcement that Grand Theft Auto VI pre-orders are officially starting, signaling the game is moving into its commercial phase and boosting investor confidence.
- Pre-Order Launch: Rockstar Games revealed that digital and retail pre-orders for Grand Theft Auto VI will officially go live on June 25, generating immediate viral momentum across social media and further heightening market anticipation for the title.
- Confidence in Development Timeline: Despite the game's rocky development cycle with multiple delays, the pre-order timeline indicates a firm commitment to the November 19 release date, alleviating investor fears of another costly holiday delay, which could positively impact the company's financial performance.
- Sales Projections: Take-Two CEO Strauss Zelnick has projected FY2027 net bookings to reach between $8 billion and $8.2 billion, with analysts estimating that the game could sell over 45 million units at launch, highlighting its significant market potential.
See More
US Stocks Surge on Intel-Apple Semiconductor Collaboration
- Intel Stock Surge: Following President Trump’s announcement that Intel will collaborate with Apple to design and produce semiconductors, Intel shares jumped 10.6%, enhancing the company's market value and confirming months of deal speculation, which underscores the competitive strength of this government-backed chipmaker.
- Market Rally: The S&P 500 rose 1.1%, the Nasdaq 100 increased by 2.5%, and the Dow Jones added 0.1%, reflecting investor optimism around a US-Iran peace deal that offset concerns about a potential rate hike by the Federal Reserve, thus driving positive market sentiment.
- Oil Price Decline: Both Brent and WTI crude futures traded below $80 per barrel, influenced by the preliminary agreement signed between the US and Iran to end hostilities and reopen the Strait of Hormuz, which could potentially boost global oil supplies and impact market dynamics.
- Strong ETF Performance: Among ETFs tracking benchmark indices, the SPDR S&P 500 ETF gained 1.2%, the Invesco QQQ Trust rose 2.5%, and the VanEck Semiconductor ETF soared 6%, indicating strong investor interest and confidence in technology stocks.
See More
Take-Two Announces Preorders for Grand Theft Auto VI Starting June 25
- Preorder Launch Date: Take-Two Interactive announced that digital and retail preorders for Grand Theft Auto VI will officially begin on June 25, reinforcing the company's commitment to the November 19 launch timeline, which is projected to be one of the largest entertainment releases in history.
- Strong Consumer Demand: Analysts indicate unprecedented consumer demand built up over the 13-year gap since the last installment, with Take-Two's stock gaining about 5% on Thursday, reflecting investor confidence as the company prepares to capture massive consumer capital after years of development.
- Undecided Pricing Strategy: Despite the preorder date being set, Rockstar has not disclosed the game's pricing structure or details on special or collector's editions, leading to ongoing discussions among industry observers regarding software pricing, particularly as development costs have ballooned.
- Optimistic Market Sentiment: Retail sentiment on Stocktwits is reported as 'bullish' with high message volumes, with one user predicting the game will sell 60 million copies at launch, even though TTWO stock has lost 6.5% year-to-date.
See More
GTA VI Pre-Orders Start June 25, Firm Launch Date Set
- Pre-Order Date: Rockstar Games announced that pre-orders for Grand Theft Auto VI will officially begin on June 25 across digital storefronts and select retailers, marking a significant step towards the game's market entry and heightening player anticipation.
- Official Release Date: After several high-profile delays, the studio has confirmed November 19 as the new release date for Grand Theft Auto VI, indicating that the latest installment in the series finally has a clear timeline, which is likely to attract more player interest.
- Franchise History: Since its inception in 1997, the Grand Theft Auto franchise has undergone five major updates, with 2013's GTA V becoming one of the best-selling entertainment products in history, selling over 225 million copies, showcasing the series' strong market appeal.
- Stock Price Reaction: Shares of Take-Two Interactive rose 4.4% in premarket trading, likely driven by market relief over the anticipated launch of GTA VI, reflecting investor optimism regarding the company's future performance.
See More
U.S. Stocks Close Mixed: Dow Hits All-Time High
- Dow Hits All-Time High: The Dow Jones Industrial Average rose by 0.64%, reaching a new all-time high, reflecting investor confidence in economic recovery, despite mixed overall market performance indicating divergent views among investors on various sectors.
- Chip Stocks Decline: With Marvell Technology and Intel falling over 9% and 8% respectively, the weakness in chipmakers weighed on the broader market, suggesting that the pressure on tech stocks may impact future investment sentiment.
- Weak Housing Data: U.S. May housing starts fell 15.4% month-over-month to a six-year low of 1.177 million, below expectations of 1.430 million, indicating that the weakness in the housing market could pose challenges to economic growth.
- Oil Prices Plummet: WTI crude oil prices dropped more than 5% to a 3.5-month low due to the U.S.-Iran agreement to reopen the Strait of Hormuz, enhancing expectations for a revival in oil supplies, which may affect the performance of energy stocks.
See More
Piper Sandler Reaffirms 'Overweight' Rating on Take-Two
- Strong Sales Expectations: Piper Sandler reaffirms its 'Overweight' rating on Take-Two and maintains a $280 price target, anticipating over 45 million units of 'GTA VI' to be sold at launch based on analysis of 15 major game releases, indicating robust market demand.
- Positive Market Reaction: Take-Two's shares rose 6.3% during Tuesday's trading session, reflecting investor optimism regarding strong sales expectations for 'GTA VI', although the stock slightly dipped 0.39% in after-hours trading, the overall trend remains positive.
- Optimistic Financial Outlook: Take-Two expects fiscal 2027 to be a significant growth year, primarily driven by the launch of 'GTA VI', with initial projections for net bookings between $8 billion and $8.2 billion, representing about 20% growth over fiscal 2026, showcasing the game's market potential.
- Analyst Confidence: Among the 29 analysts covering TTWO, 28 rate it as 'Buy' or 'Strong Buy', reflecting strong market confidence in Take-Two's future performance, with a 12-month average price target of $279.11, suggesting a potential upside of 25%.
See More
