Take-Two and Rockstar Games could be gearing up for the announcement and release of the third title in the Red Dead series, according to a report by Baird Equity Research.

The research firm expects key announcements this year in order for Take-Two to meet guidelines it has issued to shareholders for the next financial year.

“Take Two continues to produce some of the highest-quality console and PC games, which we believe should transition well on next-gen platforms,” said analyst Colin Sebastian in the 2014 Video Game Industry Predictions and Q4 Results Preview.

“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.”

He added: “We expect PC version of GTA V in 2014. Recently, Amazon.com posted a product listing for a PC-version of the companys 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.”