Take-Two Interactive announced that Grand Theft Auto VI (GTA VI) will be released on November 19, 2027. Preorders are now open, following the company’s recent earnings report that highlighted strong demand for the title. Rockstar Games’ preview garnered 31.1 million views on Netflix, securing the top spot in the platform’s English-language film chart, indicating significant anticipation from gamers.
Despite rising console prices, analysts predict GTA VI could sell over 45 million units at launch. However, concerns remain regarding whether Sony and Microsoft can meet hardware demand during the holiday season, especially with PlayStation 5 and Xbox prices climbing to $650 and $800, respectively. Take-Two benefits from an established user base and does not face direct risks from these supply chain issues.
Shares of Take-Two dropped 7% following the announcement, with the stock trading below key moving averages, but analyst sentiment remains largely positive, with 20 out of 22 rating the stock a Buy and a price target suggesting a 37% upside from current levels. Investors are advised to monitor upcoming announcements related to the game’s online mode and the release date.
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