On May 17th, it was a golden day for the shareholders of Take-Two, a global gaming publisher. The stock price soared when the financial figures were presented and details about the blockbuster GTA 6 were revealed. We at MeinMMO are looking at the most likely release date for GTA 6.
This is the situation:
- Grand Theft Auto (GTA) is probably the most lucrative game series in the world with its mix of violence, sex, and gangster lifestyle. GTA Online has been running since 2013 and has brought in billions of US dollars for Take-Two. On Twitch, it has created hype through role-playing servers and experienced a second spring.
- The next game in the series, GTA 6, is already in development. A leak about GTA 6 has revealed many details. However, officially, nearly nothing is known.
- Now, Take-Two made clear hints at a release between April 2024 and March 2025 in a financial report on May 17th. They expect massive additional revenues during this time. The impact on the stock price was significant and immediate.
GTA 6: 12 minutes of soaring for the stock of Take-Two
How did the news affect the stock price?
The news reached the stock market at 4 PM:
- The stock price of Take-Two Interactive was $125.26 at 4:00 PM.
- By 4:12 PM, the price had surged to $139.90. An increase of about 12%.
Since Take-Two is such a valuable company with a high market capitalization, this corresponds to an increase in value of about 2.5 billion euros in market value.
Did the value increase hold? Yes, it even rose a little higher the next day. On May 18th at 7:08 PM, the stock price was $142.50.
Ultimately, it closed then on Friday after hours at $137.77.
Take-Two announces “new era” in fiscal year 2025
What details pushed the price so high? It’s quite clear from the financial report that a release of GTA 6 will happen in 2024 or early in 2025. Take-Two expects significant additional revenues during this time.
It is mentioned that several “innovative titles” will be released during this time that are supposed to “set new standards in the industry.”
GTA 6 release on September 17, 2024?
When is GTA 6 coming out? If one had to take a guess:
- Take-Two’s “fiscal year 2025” begins on April 1, 2024, and ends on March 31, 2025.
- Such blockbusters like GTA 6 usually come out for the Christmas season.
- A release of GTA 6 is therefore most likely in the 3 months from September 2024 to November 2024.
GTA 5 was released on September 17, 2013, which was a Tuesday. September 17, 2024, is also a Tuesday.
If one had to bet, then September 17, 2024, would probably be the most likely date for a release of GTA 6.
More about the financial report:
GTA 6: Official financial report clearly indicates release in 2024 – This is what Take-Two says
