Take-Two Interactive Sets Grand Theft Auto VI Release Date

Take-Two Interactive Software is scheduled to release the highly anticipated video game Grand Theft Auto VI on November 19. The New York-based publisher forecasts sales of approximately 30 million copies within the first year of launch, although some analysts suggest demand could reach 37 million or more.

The launch is expected to catalyze significant financial growth for the company. Revenue is projected to rise to roughly $8.5 billion in fiscal 2027, while earnings per share are potentially expected to increase from $6.97 in fiscal 2027 to $10.32 in fiscal 2028.

Financial analysts at Freedom Capital Markets indicate the company's stock is currently undervalued. Paul Meeks, Managing Director and Head of Technology Research at the firm, issued a two-year price target of $293, which represents a 35% to 40% upside from recent trading levels of approximately $212.