Rockstar Games, the company behind the renowned Grand Theft Auto (GTA) video game series, will release GTA 6 in fall 2025, an unchanged date from the previous announcement.
The news was announced in the latest quarterly report on August 8 by Take-Two Interactive (NASDAQ: TTWO), the publisher and owner of the GTA series, and its developer Rockstar Games.
Take-Two’s earnings report showed mixed results
Take-Two Interactive’s first quarter 2025 results were mixed, as adjusted EBITDA was $24.9 million, below the estimate of $57.9 million. Net bookings reached $1.22 billion, close to the guidance of $1.23 billion. GAAP net revenue beat expectations, coming in 4% higher year-over-year at $1.34 billion.
Looking ahead, second quarter net bookings are expected to be between $1.42 billion and $1.47 billion, while adjusted EBITDA is estimated to be between $75 million and $80 million, well below estimates. For fiscal 2025, net bookings are forecast to be 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 revenue, and key titles such as NBA 2K24 and Grand Theft Auto Online contributed heavily to revenue streams.
TTWO Stock Price Chart
As of last close on August 8, TTWO stock was trading at $138.78 per share, having gained 2.29% in the last trading session, partially reversing losses of 4.95% over the last five trading days.
On the news that the release date for GTA 6 remains unchanged, TTWO shares gained 5.20% in pre-market trading, leaving the price at $146 at the time of writing.
Technical analysis of TTWO shares
After a period of significant volatility that saw TTWO stock lose over 10% of its value in the previous month, TTWO shares are showing early signs of recovery thanks to the latest earnings report, which offers further insight into upcoming video game releases.
TTWO stock successfully closed the last trading session above the $137.55 support zone. If pre-market gains continue, the $141.62 resistance level has already been breached, making $152.37 the next resistance zone. The release of NBA 2K25 on September 6 is a potential catalyst for further price increases.
Furthermore, the increasing buying volume supports the bullish trend in the price chart, as shown by the rising Relative Strength Indicator (RSI), which shows a value of 60 at the last close and is slowly trending towards overbought levels following positive news regarding the upcoming releases.
Wall Street sees TTWO shares well above current price level
Wall Street analysts see Take-Two as a giant in the video game industry with a history of successful new releases. They expect this trend to continue and rate the stock as a “strong buy” based on 17 reviews over the past three months.
Of these, 16 recommend “buying” and only one recommends “holding”.
The average price target is $182, representing a potential upside of 31.14% from the last closing price.
The analysts’ recommendations are based on the increasing sales in the video game industry. Take-Two is expected to capture a significant market share with its upcoming new releases alongside GTA 6, such as Sid Meier’s Civilization 7, NBA 2K25 and others.
If GTA 6 is anything like its predecessors, it will surely generate billions in revenue for Take-Two and its Rockstar franchise and reflect this strong performance in TTWO shares.
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