Zelnick Reassures Investors Over GTA 6 Delay, Stock Dip
Take-Two CEO Strauss Zelnick has addressed shareholder concerns following the delayed release of GTA 6.
Today, Rockstar confirmed a major delay for GTA 6, anticipated to become the most successful entertainment product launch in history. Originally scheduled for Fall 2025 on PlayStation 5 and Xbox Series X/S consoles, the game will now launch on May 26, 2026—moving the release from Take-Two's 2026 fiscal year to 2027.
Following the announcement, Take-Two's stock value dropped 7.98% during early trading. In an official statement, the company reaffirmed projections for consecutive revenue growth and record-breaking Net Bookings throughout Fiscal 2026 and 2027.
Zelnick publicly endorsed Rockstar's decision, assuring shareholders this delay positions Take-Two for sustained multi-year growth.
"We wholeheartedly support Rockstar Games in dedicating more time to perfect Grand Theft Auto VI—an experience destined to redefine entertainment standards and shatter expectations," Zelnick stated.
"While we recognize fans' global excitement and the significance of adjusting release timelines, our dedication to quality remains unwavering. With our strong upcoming lineup, we anticipate delivering consistent business expansion and greater shareholder value."
With GTA 6's postponed launch impacting Take-Two's projected 2026 earnings, attention turns to their alternative releases. Beyond Rockstar, Take-Two oversees 2K Games and 2K Sports, preparing Borderlands 4 for September, Mafia: The Old Country this year, and NBA 2K26. Future projects include BioShock 4 and Ken Levine's Judas.
However, none of 2K's forthcoming titles can compensate for GTA 6's monumental commercial impact, leaving Take-Two's revenue projections diminished. While fans largely anticipated delays, many expressed disappointment at the absence of new promotional materials accompanying the announcement.