Since the official announcement of the brand new Grand Theft Auto, which was confirmed final week with a trailer anticipated in early December, shares at Take-Two have soared to a 19-month excessive on the firm. Since the affirmation, Take-Two inventory gained 3.7% to over $156. This marks the very best inventory worth on the writer since final April.
According to Deutsche Bank analyst Benjamin Soff, he expects Take-Two shares to skyrocket past the unique predicted $155 to no less than $175 by the tip of the yr. Grand Theft Auto would be the catalyst for this worth surge because of the hype and stigma surrounding the favored online game franchise.
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We have already seen the hype across the recreation take over social media. The official Rockstar Games affirmation put up on X (previously Twitter), has now turn into the most well-liked online game tweet of all time. It has amassed over 174 million views, been preferred 1.5 million occasions and has over 500k ‘reposts’.
Keep in thoughts that we haven’t really seen something official associated to GTA 6 but. The earlier leaks which rocked the web again in 2022, have been reportedly based mostly on the sport however Rockstar has but to share any official gameplay.
We are very excited to let that in early December, we are going to launch the primary trailer for the subsequent Grand Theft Auto. We look ahead to many extra years of sharing these experiences with all of you.
Thank you,
Sam Houser— Rockstar Games (@RockstarGames) November 8, 2023
Analysts count on Take-Two to launch GTA 6 throughout the firm’s 2025 fiscal yr which begins in March 2024 and ends in March 2025. However, one other analyst believes the sport will arrive earlier than the tip of March 2024 as Take-Two goals to launch it earlier than the tip of its present fiscal yr.
This would align the discharge with current rumours that claimed GTA 6 would launch earlier than the tip of March subsequent yr. However, rumours are rumours so take them with a pinch of salt. Take-Two is anticipated to announce the subsequent Grand Theft Auto in “early December”. Whether or not that announcement will include a launch date is but to be seen.
The announcement would possibly arrive throughout The Game Awards which can also be set for 7 December.
