NewsGTA 6 Pre-Orders Wall Street Reaction: Expect More Monetization
GTA 6 pre-orders have gone live and Wall Street is not entirely thrilled. Take-Two Interactives stock dropped by 2% at market open on both Wednesday and Thursday. This is in contrast to millions of pe
GTA 6 pre-orders have gone live and Wall Street is not entirely thrilled. Take-Two Interactives stock dropped by 2% at market open on both Wednesday and Thursday. This is in contrast to millions of people pre-ordering GTA VI and excitement being raised. Some investors are not so pleased with the $80 base price as they had wanted $100 minimum. However, other shareholders did expect that price and have spoken with positivity about Take-Twos ceiling. Bank of America got their wish; they were loud and proud hoping GTA VI costs $80 as standard. Analyst Omar Dessouky via Investors.com reterrated his buy rating on Take-Two stock. In fact, he raised his price target from $320 to $368. The reason is because there is a belief Take-Two will be able to better monetize its GTA Online subscription service GTA+ with the Grand Theft Auto 6 launch. A month of GTA+ is being given away with all digital pre-orders of the new game. According to Jefferies analyst James Heaney, the $80 price for Grand Theft Auto 6 is without a doubt a positive outcome for Take-Two stock. It was in line with expectations among most shareholders. Some were disappointed the price did not start at $100 but those people are out of touch. Heaney did make a point that Rockstar provided zero mention of a GTA Online mode for GTA VI. This also has some investors worried. Again, there will be an online mode at some point but these Wall Street guys dont have clue. BTIG Analyst Clark Lampen via Investing.com said GTA VI, is now expected to catalyze a sustainable, multi-year improvement in earnings power over the fiscal year 2027 to 2029 timeframe. Following the news of the games pre-orders and such on Wednesday, BTIG issued a $290 target price of TTWO thanks to sustained earnings. The stock was given a buy rating. The bank also pointed out some historical reference points for GTA Online. Per-capita spending in-game could be $40 to $45 which is above its base case estimates of $30 to $40 in years one through five. In other related news, a disc is said to be included in physical copies of the game from December. Thats according to a reliable leaker. No doubt people will double dip leading to more copies sold in the holiday season. Were you one of the people who have pre-ordered GTA VI? Let us know down in the comment section below. For more news on GTA VI, stay tuned to RockstarINTEL and sign up to our newsletter for a weekly round-up of all things Rockstar Games delivered straight to your inbox. Click this button! RockstarINTEL Bluesky Grand Theft Auto News X Red Dead News X RockstarINTEL X RockstarINTEL Instagram RockstarINTEL Threads RockstarINTEL Facebook RockstarINTEL RSS Feed RockstarINTEL TIKTOK RockstarINTEL LinkedIn Subscribe to our newsletter! By continuing, you accept the privacy policy The post GTA 6 Pre-Orders Wall Street Reaction: Expect More Monetization appeared first on RockstarINTEL .

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