"Gaming stocks are exploding. And most still offer a good deal of further upside, fueled by the upcoming release of Grand Theft Auto VI, the latest Nintendo Switch 2, and exploding growth at Roblox. For an idea of just how explosive gaming has become, the Global X Video Games and eSports ETF (NASDAQ: HERO) soared about 44% from its April 2025 low to now, as compared to the S&P 500's 34% growth over the same time frame."
"From here, wed like to see it closer to $250 as we near the launch of its latest 800-pound gorilla, Grand Theft Auto VI. If you're familiar with the franchise, you know it's wildly popular and sells millions of copies. We expect no less this time. Grand Theft Auto V sold 210 million copies, the third best-selling game of all time. Grand Theft Auto VI could sell 250 million moving forward, according to analysts."
Gaming stocks have surged, with the Global X Video Games and eSports ETF (HERO) rising about 44% from its April 2025 low versus the S&P 500's 34% gain. Take-Two Interactive climbed from about $190 to $232.40 and carries anticipation ahead of Grand Theft Auto VI. Grand Theft Auto V sold 210 million copies, and analysts estimate Grand Theft Auto VI could sell 250 million copies. Take-Two reported revenue of $1.5 billion, up about 12% year over year, and raised fiscal 2026 net bookings guidance to $6.05B–$6.15B while raising adjusted EBITDA guidance. Wedbush called Roblox a compelling growth opportunity and Nintendo Switch 2 also contributes to sector upside.
Read at 247wallst.com
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