Grand Theft Auto has left a mark on the pop culture landscape that few franchises.
Of the 27 analysts who cover Take-Two, 17 have buy ratings and 10 have hold ratings, along with an average target price of $214.09, according to FactSet data.Įarlier in the month, Take-Two raised its bookings forecasts for the year during its quarterly earnings report. Grand Theft Auto is one of the most venerated video game series of all time, so let's take a look at its history. Said it was delaying the release “Overwatch 2” and “Diablo IV.“ In this past year, Electronic Arts Inc.ĭelayed the release of “Battlefield 2042” by a month, and Activision Blizzard Inc. Wilder World isn’t the first project to attempt to recreate Miami on a digital scale, as the Grand Theft Auto franchise took its turn years before with the blockbuster release of GTA: Vice City. Back in September, Take-Two said expansions of the “Grand Theft Auto” franchise and two “immersive core titles” would be delayed. The game was supplemented by two expansion packs: Grand Theft Auto: London 1969 and Grand Theft Auto: London 1961. Set 15 years before GTA3, this game enables players to take on the role of a different. Though in a way, it is a prequel of sorts. Since the “Cyberpunk 2077” debacle, the number of delayed game releases has risen noticeably. Grand Theft Auto was by no means the first open world game, but the amount of freedom given to the player really set it apart from other computer games of the time, and helped define the franchise moving forward. It's an entirely new game based in the world of Grand Theft Auto. That forced distributors like Sony Group Corp. PlayStation 3 hits like God of War III, Assassins Creed 2, Hitman: Absolution, and the Uncharted trilogy have moved on with their respective sequels since.
In contrast, most GTA fans would love remakes of the older games, especially the likes of Vice City and 3. However, that hasn't mean that fans of the games haven't wanted it.
That’s become an even bigger issue since last year’s buggy release of the long-awaited and overdue “Cyberpunk 2077” from CD Projekt SA One of the few major franchises not to see many remasters or remakes has been Grand Theft Auto.
Gamers and investors have become particularly unforgiving when a game is released and it contains bugs. This amazing Grand Theft Auto V expansion mod lets you go past the borders of old, boring Earth and go into the deepest reaches of space.
In a note, Jefferies analyst Andrew Uerkwitz, who has a buy rating and a $231 price target on Take-Two, said the launch “will likely cause investors to lower their December quarter estimates and continue to question TTWO’s ability to expand the portfolio while maintaining quality.”Īdmitting that his expectations for the launch had already been low, Uerkwitz said the launch troubles likely will “likely remove some upside,” and that while “several fixes have already been implemented, including the PC version being available again we do wonder how the game got launched in this state.”