Take-Two Interactive Software, Inc. stock dropped as much as 12% after it was reported that the highly awaited Grand Theft Auto VI (GTA 6) would be delayed by almost a year.
The company planned for the game to come out in the fall of 2025. Now, they have changed the date to May 26, 2026. To that end, investors are worried about how the delay of GTA 6 will affect the company’s ability to make money.
BREAKING: Take-Two stock, $TTWO, falls -12% after announcing the GTA 6 release will be delayed until May 2026. pic.twitter.com/JVtq3rW5BD
— The Kobeissi Letter (@KobeissiLetter) May 2, 2025
Since Grand Theft Auto is one of Take-Two’s most popular franchises, the stock drop shows investors’ feelings about how the delayed release might affect their finances. Because of the delay, the company will not make as much money from the title until later in Fiscal Year 2027. This will change their short-term finances.
GTA 6 makers say they want more time to increase quality.
Take-Two has told stakeholders it is committed to making great entertainment and has predicted that Fiscal 2026 and 2027 will have record Net Bookings.
Rockstar Games, a Take-Two unit and the developer of GTA 6, said, “With every game we have released, the goal has always been to try and exceed your expectations, and Grand Theft Auto VI is no exception. We hope you understand that we need this extra time to deliver at the level of quality you expect and deserve.”
Strauss Zelnick, Chairman and CEO of Take-Two Interactive Software, said he agreed with the development team’s choice to take more time to make the game how they wanted it to be. “While we take the movement of our titles seriously and appreciate the vast and deep global anticipation for Grand Theft Auto VI, we remain steadfast in our commitment to excellence,” he said.
Take-Two will release its fourth quarter and Fiscal 2025 numbers on May 15, 2025. These will give investors more information about how the company is doing and what the future holds for it.
Institutional investors increase their stake in TTWO stock
Investors have seen TTWO stock reach the upper end of its 52-week range, from $135.67 to $235.17. Institutional buyers mostly bought the shares of the company. First Horizon Advisors Inc. bought 24.2% more shares of Take-Two Interactive Software in the fourth quarter.
In addition, Fifth Third Bancorp grew its position in Take-Two Interactive Software by 0.3% in the 4th quarter. Because it bought an extra 57 shares in the last quarter, Fifth Third Bancorp now has 17,148 shares worth $3,157,000.
Principal Securities Inc. also increased its stake by 6% more shares of Take-Two Interactive Software in the fourth quarter. Now, it has 1,024 company stock shares worth $189,000. At the end of the fourth quarter, Y.D. More Investments Ltd. bought 2.0% more shares of Take-Two Interactive Software. Now, it has 3,061 shares of the company’s stock worth $563,000.
On the other hand, Price T Rowe Associates Inc. MD cut its position in TTWO by 20.3% during the fourth quarter. The fund owned 272,527 company stock shares after selling 69,224 shares during the quarter. Institutional investors own 95.46% of the company’s stock.
Analysts are still mostly positive about TTWO. There are 23 buy ratings, three hold ratings, and one sell rating. The average goal price for the stock is $222.15, which is likely a 5.54% drop from where it is now. This shows that most investors are cautiously optimistic.
The stock’s upper goal price of $270 shows that the company can still grow if it can deal with its current problems and take advantage of growth opportunities.
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