Take-Two Shares Dive Following Postponement of 'Grand Theft Auto VI' Release

Key Highlights

• Take-Two Interactive Software's stock dropped significantly after the company announced a delay in releasing its major title, 'Grand Theft Auto VI.'
• The game's launch has been postponed from fall 2025 to May 26, 2026.
• Despite the delay, JPMorgan analysts maintain an "overweight" rating on Take-Two shares but acknowledge the delay exceeds previous investor expectations.

Take-Two Interactive Software (TTWO) faced a notable decrease in its share price after revealing that the release of 'Grand Theft Auto VI' has been pushed back to May 26, 2026, instead of the initially projected fall 2025.

The company confirmed that its subsidiary, Rockstar Games, will bring the game to market during the fiscal year 2027.

CEO Strauss Zelnick emphasized, “We fully support Rockstar Games taking extra time to deliver their creative vision for Grand Theft Auto VI, which is set to be a revolutionary entertainment experience that surpasses fan expectations. While we recognize the importance of timely releases and the global excitement surrounding this title, our commitment to quality remains unwavering.”

JPMorgan analysts retained their "overweight" stance on the stock but noted that the new launch timeline significantly exceeds the modest delay investors had anticipated. They commented, “Investors were prepared for a slight postponement to later this year, but not as far out as mid-2026.”

The delay could potentially allow competitor Electronic Arts (EA) to capitalize by launching its 'Battlefield' franchise in fiscal 2026. However, analysts believe the risk of further delays is minimal.

Take-Two's shares had risen 28% since the beginning of the year but dropped over 8% shortly after the market opened following the announcement. The company is set to release its fourth-quarter fiscal 2025 earnings on May 15.

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