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
