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Take-Two Interactive Stock Surges 6% on GTA VI Preorder Announcement

Take-Two Interactive Stock Surges 6% on GTA VI Preorder Announcement

Global Cryptocurrency
Release Time:
2026-06-19 08:25:02
0
BTCCSquare news:

Take-Two Interactive shares climbed more than 6% after Rockstar Games confirmed Grand Theft Auto VI preorders will begin June 25, with a November 19, 2025 release date. The move ends years of speculation about potential delays for the highly anticipated title.

Analysts at Piper Sandler maintain an Overweight rating with a $280 price target, forecasting blockbuster sales exceeding 45 million units at launch. Take-Two CEO Strauss Zelnick's guidance of $8–$8.2 billion in FY2027 net bookings suggests confidence in the franchise's enduring appeal.

The announcement, made via Rockstar's official social media channels, included viral box art that fueled immediate market reaction. Institutional investors view the five-month preorder window as a strong commitment to the November timeline, following multiple prior delays that previously sent shares tumbling 18% in a single session.

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