Jason Bazinet, Citi analyst, predicts that GTA VI will be a big seller when it is released in 2025.
Take-Two Interactive Inc. (NASDAQ:TTWO) will see its stock rise to $225 in the next year, which is a 20 percent increase from where it currently stands.
Could it also (GTA VI), prove to be an important tailwind for GameStop Corp. (NYSE: GME?
GameStop can benefit from GTA VI Collector’s Edition
GameStop will not benefit directly even if GTA VI sales are as robust as Citi anticipates. This is because gamers increasingly prefer digital downloads.
GME is challenged by this trend, as even for the biggest releases, a growing percentage of copies are sold digitally rather than in physical form.
If Rockstar Games released a “collectors’ edition” exclusive for physical copies of GTA VI, as it did with GTA V then the title could prove meaningful to GameStop, since such editions have typically higher margins than regular game copies.
Rockstar’s recent launch of such editions has been conservative.
Red Dead Redemption 2, their latest major release, did not come with a Collector’s Edition.
ICD predicted a possible recovery in GameStop’s stock at the end of September.
If Rockstar does not release GTA VI Collector’s Edition
GameStop’s stock could benefit even if Rockstar decides not to release a GTA VI collector’s version. The company has been increasing its gaming products, such as collectibles and game-themed clothing and accessories.
The top line of retailers selling gaming products like GME may increase significantly as fans buy GTA VI action figures, clothing, posters and other collectibles.
The New York-listed firm has also committed itself to improving its digital capabilities.
The company has re-launched a new GameStop.com that offers a more seamless online shopping experience. It also has created compelling content, such as informative articles, entertaining videos, and insightful insights, to cater to the needs of its audience.
GME introduced a loyalty programme to encourage customers to stay with the company and increase sales.
The initiatives provide exclusive discounts and rewards as well as personalised experiences that encourage repeat purchase.
Does GameStop have a good stock position for 2025?
GameStop has seen its finances improve as a result of the expansion into e-commerce, and products that are broader in scope.
In the recently completed quarter, this retailer made a surprising profit. It ended up with $4.6 billion of cash, cash-equivalents and marketable assets.
Investors in 2025 may welcome any small boost that may come from the release of GTA VI, especially since things seem to be improving for GME.
According to the press release issued by GameStop last night, “the company does not expect any additional at-the market offerings that involve the sale of its stock in the current fiscal period.”
This is also contributing to Wednesday’s increase in GameStop stock prices.
Citi predicts strong sales for GTA VI. Could it mean a significant boost for GameStop’s? This post may change as new information becomes available
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