Take-Two Forecasts $8-8.2B Fiscal 2027 Bookings, Confirms November 19 GTA VI Launch
Take-Two projects fiscal 2027 net bookings of $8.0–8.2 billion versus Wall Street’s $9.1 billion estimate and reported Q4 bookings of $1.58 billion, slightly above prior year levels. The company reiterated a November 19 launch date for Grand Theft Auto VI, boosting shares by around 6% in extended trading.
1. Fiscal 2027 Booking Forecast
Take-Two predicts fiscal 2027 net bookings of $8.0–8.2 billion, falling short of the $9.1 billion analysts estimate, though its fourth-quarter bookings of $1.58 billion marginally exceeded the prior year’s $1.57 billion.
2. Share Reaction
Despite the downward revision, shares climbed about 6% in extended trading after the company confirmed the November 19 launch date for Grand Theft Auto VI, reflecting investor confidence in the franchise’s revenue potential.
3. GTA VI Launch Implications
Grand Theft Auto VI is expected to replicate the multi-billion dollar success of its predecessor through strong day-one sales and robust in-game monetization, positioning it as a key driver for Take-Two’s future growth.