Research firm predicts RDR2, GTAV PC/nextgen in 2014
In a brand new research report titled “2014 Video Game Industry Predictions and Q4 Results Preview”, Baird Equity shared predictions regarding Rockstar Games’ lineup in 2014, and I expect fans will undoubtedly be very pleased to hear about them.
In fact, analyst Colin Sebastian mentioned that Take Two has a PC/next-gen version of GTAV ready, and possibly Red Dead Redemption 2 as well.
Take Two continues to produce some of the highest-quality console and PC games, which we believe should transition well on next-gen platforms. 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 Theft 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 F2015 (Mar) 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
Of course, while the GTAV prediction seems fairly safe at this point, a Red Dead sequel could still be delayed into 2015 if it didn’t meet the incredibly high quality standards set on themselves by Rockstar Games. What do you think? Are we going back to the Wild West any time soon?