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Take-Two's Rockstar Says 'GTA VI' Pre-Orders to Start June 25; Shares Rise

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Take-Two's Rockstar Says 'GTA VI' Pre-Orders to Start June 25; Shares Rise

Take-Two Interactive Software's (TTWO) Rockstar Games said "Grand Theft Auto VI" pre-orders will open next week, sending the video game publisher's stock higher Thursday.

Advance purchases for the highly anticipated video game will begin June 25 on digital platforms and at certain retailers. Customers can place the title on their wish lists through Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox storefronts, Rockstar said.

Take-Two shares were up 6% in afternoon trade. So far this year, the stock has lost 5.6% in value.

Last month, Take-Two said the latest game of the iconic series was on track to be released on its scheduled Nov. 19 date. The game was originally slated to come out in 2025, but was delayed first to May 26 this year and then to Nov. 19.

Rockstar released GTA VI's official cover art Thursday, but didn't mention the price.

In May, Take-Two reported a smaller-than-expected fiscal fourth-quarter loss.

Oppenheimer said at the time it expected GTA VI to contribute $3.45 to the company's non-GAAP per-share earnings in fiscal 2027, assuming 40 million units are sold at a $70 base price. However, buyside estimates indicated that more than 50 million units may be sold, the brokerage's analyst, Martin Yang, said in a research note at the time.

An incremental 10 million GTA VI sales would add $1 to 2027 estimates, according to Yang. "While we view (50 million) unit sales in (fiscal 2027) as possible, we believe management is unlikely to guide to such an optimistic goal initially," Yang said in the May report.

Price: $240.76, Change: $+12.73, Percent Change: +5.58%

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