Rockstar Games, the company behind the renowned video game franchise–Grand Theft Auto (GTA), is set to release GTA 6 in Fall 2025, a date unchanged from the previous announcement.
The news was revealed in the latest quarterly earnings report released on August 8 from Take-Two Interactive (NASDAQ: TTWO), the publisher and owner of the GTA franchise, as well as its developer, Rockstar Games.
Take-Two’s earnings report revealed mixed results
Take-Two Interactive’s Q1 2025 earnings were mixed as adjusted EBITDA was $24.9 million, missing the $57.9 million estimate. Net bookings reached $1.22 billion, close to the $1.23 billion forecast, and GAAP net revenue exceeded expectations at $1.34 billion, up 4% year over year.
Picks for you
Looking ahead, Q2 net bookings are expected between $1.42 billion and $1.47 billion, while adjusted EBITDA is projected at $75 million to $80 million, well below estimates. For FY 2025, net bookings are forecasted between $5.55 billion and $5.65 billion, with adjusted EBITDA likely to miss targets.
The company reported a net loss of $262 million, with improved gross and operating margins. Digital net bookings accounted for 97% of total sales, and key titles like NBA 2K24 and Grand Theft Auto Online contributed strongly to its revenue streams.
TTWO stock price chart
As of the latest close on August 8, TTWO stock was trading at $138.78 per share after adding 2.29% in the latest trading session, allowing it to mitigate some of the 4.95% losses from the previous five trading days.
News of an unchanged release date for GTA 6 has allowed TTWO shares to add 5.20% in pre-market trading, elevating its price to $146 at the time of writing.
Technical analysis of TTWO stock
After a period of significant volatility during which TTWO stock erased over 10% of its value in the previous month, TTWO shares are starting to show signs of recovery, thanks to the latest earnings report, which provided further insight into the upcoming video game releases.
TTWO stock successfully closed the latest trading session above the $137.55 support zone. If pre-market gains hold, the $141.62 resistance level will already be breached, setting the $152.37 as the next closest resistance zone, with the release of NBA 2K25 on September 6 as a potential catalyst for further gain in price.
Furthermore, the rising buying volume supports the bullish development on the price chart, as witnessed by the increasing Relative Strength Indicator (RSI), which shows a reading of 60 at the latest close and slowly trends toward an overbought level following positive news regarding the upcoming releases.
Wall Street sees TTWO stock way above current price levels
Analysts on Wall Street see Take-Two as one of the video-game industry giants, with numerous hit releases already, and believe that trend is set to continue, as they assign a “strong buy” rating on this stock based on 17 ratings in the last 3 months.
Of these, 16 advise to “buy,” and only one recommends “hold.”
The average price target is $182, showcasing a potential upside of 31.14% from the latest closing price.
Analysts base their recommendations on the growing video-game industry revenue, with Take-Two bound to capture a sizable market share with its upcoming releases in addition to GTA 6, such as Sid Meier’s Civilization 7, NBA 2K25, and others.
If GTA 6 is anything like its predecessors, it is bound to bring billions in revenue for Take-Two and its franchise, Rockstar, and reflect this strong performance on TTWO stock.
Buy stocks now with eToro – trusted and advanced investment platform
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
