Take-Two Interactive kept its fiscal 2027 net bookings forecast at $8 billion to $8.2 billion even as CEO Strauss Zelnick said pre-orders for Grand Theft Auto VI have reached levels neither the company nor the broader videogame industry has seen before. The forecast remains below the $8.86 billion projected by analysts polled by LSEG, and Zelnick noted that pre-orders can still be canceled and the company has not yet sold a single unit. Recurring consumer spending already represents 84% of Take-Two’s net bookings, and MoffettNathanson analyst Clay Griffin said the bigger issue is how the online component evolves and how long Take-Two can monetize players after the November 19 launch. Take-Two posted a first-quarter net loss of $34.1 million on revenue of $1.53 billion, with net bookings slipping 3% year over year to $1.39 billion.
Take-Two Interactive Software IncRecord pre-orders for GTA VI are positive but forecast kept flat and below analyst expectations, with cancellations possible.
