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Psequel options for windows12/26/2023 17, 2013, for the PlayStation 3 and the Xbox 360, for the PlayStation 4 and Xbox One on Nov. “Grand Theft Auto V” was officially launched on Sept. ![]() “GTAV was rumored for a long time in 2009 & 2010 based on investor earnings call questions and job postings,” Uerkwitz said, adding that “Red Dead Redemption 2” was teased in October 2016 and was launched in 2018. “We are more confident in a beat/raise expectation for the quarter.” “Having the official launch date now set for March 15th, this risk is off the table,” Uerkwitz said. “We believe Take-Two has set conservative F3Q22 and FY22 targets, somewhat offset by ongoing execution risk related to product delays including the upcoming ‘Grand Theft Auto V: Expanded and Enhanced,’ which we anticipate could be delayed again, potentially shifting into FY23,” Hickey said.Ĭloser to home as far as game releases go, Jefferies analyst Andrew Uerkwitz, who has a buy rating and a $231 price target, said investors were starting to get worried whether “Grand Theft Auto V” for the PS5 and Xbox X|S would be delayed. “We also think the timing of this announcement before Take-Two’s earnings call on Monday is not a coincidence and will enable the Take-Two executive team to discuss the game and potentially include updated financial guidance.” ![]() “We believe that means the game will be released in FY24-FY25 and should lead to explosive growth,” Hickey said. The studio said that it will share more details “as soon as we are ready.” Analysts say timing of announcement ‘not a coincidence, ‘GTA VI’ release likely in 2024īenchmark analyst Mike Hickey, who has a buy rating and a $200 price target on Take-Two, said Rockstar’s announcement “opens the gates of growth,” and suggested that the game could appear as early as Take-Two’s 2024 fiscal year, which will begin in April of 2023. “With every new project we embark on, our goal is always to significantly move beyond what we have previously delivered - and we are pleased to confirm that active development for the next entry in the Grand Theft Auto series is well underway.” “With the unprecedented longevity of GTAV, we know many of you have been asking us about a new entry in the Grand Theft Auto series,” Rockstar Games said in a statement. Xbox X|S platforms on March 15, the studio was confirming recent speculation concerning the next major iteration of the series, what would ostensibly be called “Grand Theft Auto VI.” Sony's live-service games, however, will be an exception and are expected to launch simultaneously across PC and console.In a blog post, Rockstar Games said that in addition to “Grand Theft Auto V” and “Grand Theft Auto Online” coming to Sony Group Corp.’s Upcoming games, like God of War: Ragnarok, will remain exclusive to console for about a year before they jump to PC, if they ever do, Sony has said. Sony is bringing some of its games to PC, but most will not launch day-and-date like Microsoft does for its own first-party games. The original Marvel's Spider-Man came to PC in August. Sony's next PC release is Uncharted: Legacy of Thieves Collection, which arrives on October 19. Sony is expecting to make $300 million from its PC game releases in 2022, and Miles Morales will help the company get there. Get these bonuses by pre-buying Miles Morales for PC on Steam and the Epic Games Store
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