Take-Two’s latest financial report may suggest that GTA 6 will be released before March 2024, according to one analyst’s speculation. A few days ago, Take-Two announced that it would acquire mobile gaming giant Zynga for $12.7 billion, the largest acquisition ever in the gaming industry, and as part of the announcement, the company forecasted a compound growth rate of 14 through 2024.
Axios found that this information led industry analysts to believe that the company plans to release large-scale IP games before March 31, 2424. Cowen’s Doug Creutz said the earnings forecast equates to about $9 billion in consumer spending, hinting at a “potential launch of GTA 6 in FY24.” (FY24 runs from April 1, 2023 to March 2024. 31) He told Axios that Take-Two had previously suggested through financial indicators that GTA 5 would be released in 2012 or early 2013, and later lowered the target to indicate a delay, and the game was finally released at the end of 2013.
“So, there is precedent for a Rockstar game to be in #s before it’s officially released,” he said.
A Jefferies analyst also said in a research note this week: “There are very few games that can… give management the confidence to issue such strong guidance; we believe there will be at least one Rockstar IP in the FY24 release.”
GTA 6 will be released in 2024 or 2025, industry insider Tom Henderson said in July last year, in part due to Rockstar’s focus on employee well-being after criticism of its so-called crisis culture. His claims were backed up by well-informed Bloomberg reporter Jason Schreier, as well as sources at VGC. Rockstar is currently preparing to release the PS5 and Xbox Series X versions of GTA 5.