Take-Two CEO Calms Investors Amid GTA 6 Delay Stock Drop

Take-Two CEO Strauss Zelnick has addressed shareholder concerns following GTA 6's unexpected delay.

Rockstar Games recently announced a major postponement for GTA 6, initially slated for fall 2025 on PlayStation 5 and Xbox Series X/S. The new release date of May 26, 2026, shifts the launch window from Take-Two's 2026 to 2027 fiscal year.

Following this announcement, Take-Two's stock dropped 7.98% in early trading. The company confirmed its projected growth trajectory, expecting record Net Bookings (revenue) for both fiscal years 2026 and 2027.

Zelnick expressed full support for Rockstar's decision, assuring shareholders of upcoming sustained growth: "We completely endorse Rockstar's choice to extend development for GTA 6 to achieve their creative vision," he stated. "While we recognize the global anticipation, we remain committed to delivering exceptional quality. Our strong pipeline positions us for multi-year business growth and increased shareholder value."

With GTA 6's massive revenue now deferred, attention turns to Take-Two's other subsidiaries. The company's 2K Games division will release Borderlands 4 in September and Mafia: The Old Country later this year. NBA 2K26 from 2K Sports remains a reliable performer, while future projects include a new BioShock and Ken Levine's Judas.

However, these upcoming titles can't match GTA 6's anticipated financial impact, creating a temporary revenue gap. While fans anticipated the delay, many hoped for new visuals to soften the disappointment.