The long-awaited release of the GTA VI game has been delayed again. Take-Two shares plummet

The long-awaited release of the Grand Theft Auto (GTA VI) game has been postponed again. American developer Take-Two Interactive Software announced that the game will be released six months later than expected: in November 2026.

Take-Two has decided to give GTA developers "additional time to complete the game with the level of quality that players expect and deserve." The game is published by Rockstar Games, a wholly owned subsidiary of Take-Two.

GTA VI is expected to become one of the most profitable video games in history, Bloomberg writes. The previous Grand Theft Auto V series sold about 220 million copies, becoming the second best-selling game in history after Minecraft. But this is not the first time GTA VI release has been postponed. Initially, the game was planned to be released in the fall of 2025. In May, the release was postponed to spring 2026.

The release is critical for Take-Two, as the GTA franchise generates a significant portion of the company's overall revenue, Bloomberg notes. After the news of another delay in the release, Take-Two shares collapsed by more than 8% in extended trading in New York.

Since the beginning of the year, Take-Two's quotes have grown by 37%, outperforming the Nasdaq 100 index almost twice. The consensus forecast of Wall Street analysts suggests that the stock could rise another 10% on a 12-month horizon. A total of 31 analysts cover Take-Two: 25 of them recommend buying the stock and only one advises selling.

This article was AI-translated and verified by a human editor