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GTA 6 Trailer Set for December 5: Wall Street Bullish on Take-Two Interactive Stock
The unveiling of the Grand Theft Auto VI (GTA 6) trailer is set to debut on December 5, with Wall Street analysts forecasting a significant boost in revenue for Take-Two Interactive Software Inc (NASDAQ: TTWO), Rockstar Games’ parent business.
Analyst Predictions and Market Enthusiasm
As highlighted in a recent report, Benchmark analyst Mike Hickey, who maintains a buy rating and a $164 price target on Take-Two’s stock, sees GTA 6 as a “major catalyst” that could generate “substantial enthusiasm” for the company. Hickey believes the release of GTA 6 could greatly impact Take-Two’s growth in fiscal years 2025 and 2026.
While specific sales estimates for the game are scarce, speculation abounds that GTA 6 could surpass $1 billion in revenue within its first week, potentially selling up to 14 million copies at launch. To put this into perspective, the highest-grossing movie of all
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