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Take-Two Interactive shares plummet more than 10% on news of another Grand Theft Auto 6 delay

11/6/2025, 9:50:29 PM
Economic Summary
  • TTWO shares fell nearly 11% after Take-Two delayed Grand Theft Auto 6 from May 26, 2026 to November 2026, reflecting negative investor reaction to the pushed revenue timing.
  • The delay does not affect Take-Two's current fiscal year results, but it creates the risk of reduced or shifted revenue in the next fiscal year when guidance is updated.
  • Despite the delay, anticipation for GTA6 remains very high and the title is expected to be a major seller, supporting long-term revenue potential once released.
Bullish
  • Reported quarter looked good, indicating current fundamentals remain solid.
  • GTA6 is still expected to be a massive seller with enormous anticipation.
  • Delays are common for complex game launches and can improve final product quality.
Bearish
  • Second delay of Grand Theft Auto 6 creates revenue timing uncertainty and investor disappointment.
  • Shares dropped nearly 11% on the announcement, indicating significant negative market reaction.
  • Future fiscal-year guidance will likely be adjusted downward when provided, pressuring the stock.
Bullish tickers
TTWO
Bearish tickers
TTWO
TTWO
Bullish
Company reported a good quarter and GTA6 remains highly anticipated; the title should be a major long-term revenue driver despite the delay.
Bearish
Shares plunged nearly 11% after Take-Two delayed Grand Theft Auto 6 to November 2026, creating revenue timing risk and likely weaker next-year guidance.
People mentioned
Steve KovacMorgan