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Research Firm Believes Take-Two’s 2014 Fiscal Year to Include Red Dead Redemption 2 and GTA V on PC, PS4, and Xbox One

Fahed Jaradat by Fahed Jaradat
7 years ago
in News
Research Firm Believes Take-Two’s 2014 Fiscal Year to Include Red Dead Redemption 2 and GTA V on PC, PS4, and Xbox One
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Colin Sebastian, a Senior Research Analyst over at Baird Equity Research, has published the firm’s 2014 Video Game Industry Predictions and Q4 Results Preview.

The analyst predicts that video game publisher Take-Two might port Rockstar’s Grand Theft Auto V to PC, PlayStation 4, and Xbox One given the title’s success. He also speculates that a new entry in the Red Dead series, now developed by Rockstar San Diego, should be released this fiscal year.

You can read through his outlook on Take-Two’s year below.

“We expect product announcements over the next year such as extending GTA V to other platforms (e.g., PC, next-gen consoles), the next Red Dead, etc., to help improve revenue and earnings visibility. In addition, the company has significant potential to grow digital/onnline revenues, which should help improve gross margins and add visibility to growth.

We expect PC version of GTA V in 2014. Recently, Amazon.com posted a product listing for a PC-version of the company’s blockbuster franchise Grand T heft Auto V (GTA). While a PC version would not be a big surprise, this indirect confirmation of the game helps to provide some added visibility to consensus 2015 (March) estimates.

In fact, we have previously published that GTA-extensions are in the development pipeline, and likely needed for the company to hit FY targets. We also believe the next Red Dead game is in the works potentially for a 2014 launch.”

Would you rather play GTA 5 on a more powerful console or a new Red Dead iteration first?

Source: VG247, Image credit: jb-online

Tags: GTA VRed Dead RedemptionRockstar GamesTake-Two
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