GTA 6 Delay Makes Take-Two Valuation Tough: Video Game ETF CEO Says 'Long-Only Holders Need Patience'
Take-Two Interactive Stock Valuation: Take-Two's stock has fluctuated significantly due to the anticipated release of "Grand Theft Auto VI," now expected in 2026. Analysts predict a strong launch year in 2027, despite a recent drop in stock value and revenue forecasts.
Game Pricing Trends: The upcoming "Grand Theft Auto VI" may feature higher pricing than typical games, with estimates suggesting standard prices around $80 and deluxe editions over $100. However, this trend is not expected to impact the broader gaming market, where most publishers will maintain lower price points.
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Management Strategy Change: The Roundhill Video Games ETF (NERD) will shift from a passive to an actively-managed investment strategy effective September 30, 2025.
Exchange Listing Transition: NERD will also move its listing from Nasdaq to Cboe BZX, with no expected impact on shareholder actions or trading of fund shares.

Take-Two Interactive Stock Valuation: Take-Two's stock has fluctuated significantly due to the anticipated release of "Grand Theft Auto VI," now expected in 2026. Analysts predict a strong launch year in 2027, despite a recent drop in stock value and revenue forecasts.
Game Pricing Trends: The upcoming "Grand Theft Auto VI" may feature higher pricing than typical games, with estimates suggesting standard prices around $80 and deluxe editions over $100. However, this trend is not expected to impact the broader gaming market, where most publishers will maintain lower price points.

Nintendo Switch 2 Launch: The Nintendo Switch 2 has seen exceptional sales, with 3.5 million units sold in the first four days, leading to projections of 15 million units for the fiscal year and a potential return to record earnings for Nintendo.
GameStop Exclusion from ETF: GameStop is not included in the Roundhill Video Games ETF due to its focus on game publishers and developers, alongside concerns about its declining revenue and financial instability.
Market Volatility and Economic Indicators: Wall Street experienced volatility due to disappointing tech earnings, mixed labor data, and rising inflation fears, with gold prices reaching record highs as a safe haven investment.
Top Performing ETFs: Five ETFs showed gains amidst the market uncertainty, including Direxion Daily PLTR Bull 2X Shares (78.82% gain) and AdvisorShares Psychedelics ETF (21.61% gain), highlighting sectors like technology and psychedelics.
Earnings Report: Electronic Arts Inc reported third-quarter revenue of $1.883 billion, exceeding expectations, while net bookings fell short at $2.215 billion. The company anticipates a return to growth in FY26 and has declared a quarterly dividend of $0.19 per share.
Stock Performance and Future Outlook: EA shares rose 2.99% premarket, with plans for an accelerated stock repurchase of $1 billion. For the fourth quarter, the company expects EPS between $0.65 – $1.00 and revenue of $1.682 billion – $1.832 billion, projecting lower net bookings for FY25 compared to previous estimates.

Quarterly Performance: Electronic Arts reported second-quarter net revenue of $2.025 billion, slightly below expectations, but exceeded EPS estimates with $1.11. The company achieved record net bookings of $2.079 billion and announced a quarterly dividend of $0.19 per share.
Future Outlook: EA raised its full fiscal year EPS guidance to $3.82 – $4.33 and revenue forecast to $7.4 billion – $7.7 billion, while projecting net bookings around $7.500 billion to $7.800 billion.







