Baird Equity Research also predicts a PC and next gen release for GTA V.
Last year was tremendously important for Rockstar Games with the release of Grand Theft Auto V. How will 2014 top it? According to Baird Equity Research analyst Colin Sebastian in the 2014 Video Game Industry Predictions and Q4 Results Preview, Rockstar is apparently gearing up to bring out a sequel to Red Dead Redemption in 2014 (currently rumoured to be called Red Dead Rebellion). The firm also believes that GTA V will be making its way to PC, Xbox One and PS4.
“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/online 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 Fiscal 2015 (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.”
We’ve already seen several listings for GTA V on PC, but a next gen release? That should be something special. As for a new Red Dead game? That would certainly help make 2014 an important year for games. What are your thoughts? Let us know below.