Take-Two share price drops after GTA 6 delay announcement, company still confident about record level growth

Every GTA fan’s fears have come true as GTA 6 was officially delayed to May 2026. Along with the disappointment of fans came a reported drop in share price for parent company Take-Two Interactive. However, the company has backed Rockstar’s decision to postpone the game and wants to assure shareholders that it is confident about record level growth in the next fiscal year despite the delay. 

Rockstar shared the announcement on X citing the need for refinement as the reason for the delay of arguably one of the most highly anticipated games, GTA 6. Following the announcement, a report by Financial Times (via PCGamer) stated that Take-Two Interactive saw a 15% drop in share price. This caused the company to release its own press release reiterating expectations to achieve “sequential increases in, and record levels of, Net Bookings in Fiscal 2026 and 2027.”

Strauss Zelnick, Chairman and CEO for Take-Two said in the statement, “We support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking, blockbuster entertainment experience that exceeds audience expectations.” Zelnick added that Take-Two expects to deliver a multi-year period of growth and enhanced value for shareholders. 

The company will report its financial results for Q4 and FY 2025 on May 15. 

The delay announcement for GTA 6 came shortly after it was reported that Borderlands 4’s release was moved up so as to not clash with GTA 6’s fall release timeline. Randy Pitchford, head of Gearbox Software, developer of Borderlands games, had explained that the change in release had nothing to do with any other IP, but fans were still skeptical. Now, sadly, that skepticism can be put to rest.