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Shares of parent Take-Two Interactive Software, which have
rallied nearly 50% this year, fell 7% in premarket trading on
Tuesday.
The trailer featured a "Bonnie and Clyde"-like duo blitzing
their way through a fictional version of Miami, Florida, called
"Vice City". It was released on Monday, ahead of its planned
early Tuesday reveal after a version leaked on social media.
"As typical first trailers go, it does not show much other than
setting the scene, incredible graphic fidelity and hinting at
the game play," said Jefferies analyst Andrew Uerkwitz.
"There is still no exact release date, so fears of a delay into
holiday 2025 ... will immediately ensue."
Take-Two's financial year runs from April to March and a delay
beyond that period could push the sales of the games to fiscal
2026.
"A February/March 2025 release date could indeed deliver
Take-Two's guidance of about $8 billion in bookings in financial
year 2025 and growth in 2026," Uerkwitz said.
The "GTA VI" trailer has been viewed nearly 60 million times on
YouTube in 10 hours since its launch and the game will be
available on Sony's PlayStation 5 and Microsoft's Xbox Series X
and S consoles.
Take-Two did not immediately respond to a request for comment on
the game's launch on PC and PlayStation 4.
"GTA VI" is likely to be an instant hit. The previous
installment is among the most successful games ever with around
$7.68 billion in sales since it was first launched in 2013.
Analysts expect more on "GTA VI", including pricing and its
potential online multiplayer version, to be revealed in 2024.
(Reporting by Aditya Soni and Chandni Shah in Bengaluru; Editing
by Sherry Jacob-Phillips and Arun Koyyur)
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