Take-Two Ups Booking Forecast, Confirms 'GTA VI' November Launch

• Annual bookings forecast increased by approximately $200-250 million, now targeting $6.65-$6.7 billion for fiscal 2026
• 'Grand Theft Auto VI' launch date remains confirmed for November 19, maintaining the highly anticipated timeline for investors and fans
• Holiday period sales remained robust as consumers increased discretionary spending on premium and mobile gaming titles

Summary: Take-Two Raises Forecast, Confirms GTA VI November Launch

Key Financial Updates:

Take-Two Interactive increased its fiscal 2026 annual bookings forecast to $6.65-$6.7 billion, up from the previous range of $6.4-$6.5 billion—representing an increase of approximately $200-250 million.

Major Product Launch:

The company confirmed the launch date for "Grand Theft Auto VI" (GTA VI) on November 19, maintaining the previously announced schedule for this highly anticipated title.

Performance Drivers:

The raised forecast reflects strong holiday period sales across Take-Two's portfolio, including premium sports titles, action games, and mobile offerings. The company benefited from consumers loosening discretionary spending budgets during the holiday season, driving robust demand for both premium and mobile gaming products.

Market Context:

Investor and fan anticipation for GTA VI remains extremely high, positioning the November launch as a significant catalyst for the company's performance. The franchise's historical success and cultural impact make this release one of the most watched events in the gaming industry.

Sector Implications:

The positive forecast revision signals continued strength in the premium gaming market despite broader economic concerns. Take-Two's performance indicates that consumers remain willing to spend on established gaming franchises and quality content, particularly during peak shopping periods.

Company: Take-Two Interactive Software Inc (parent company of Rockstar Games)

Announcement Date: February 3, 2025

The upgraded guidance demonstrates management confidence in both current portfolio performance and the commercial prospects of the upcoming GTA VI launch later this year.