Take-Two lifts forecasts but analysts doubt 2013-level GTA VI returns
Analysts said Take-Two Interactive’s stock is trading at a high multiple ahead of the Grand Theft Auto VI launch, making a repeat of the 2013 blockbuster’s returns unlikely despite strong pre-order trends. The company had earlier lifted its fiscal 2027 revenue and earnings outlook, citing robust pre-order demand for the game. Prior to that, Take-Two reported mixed second-quarter results and issued a cautious full-year outlook, which had prompted a modest rise in its shares.