Citi sees a Red Dead title arriving in 2027 or 2028 as a possibility, not a scheduled release. In a Stocktwits article hosted by Yahoo Finance, Arnab Paul reported on October 15, 2026, that the firm considered a release in either year plausible.
How Citi connects the scenario to GTA VI
The article linked Citi’s view to comments from Jennifer Kolbe, Rockstar Games’ head of publishing. Kolbe reportedly dismissed speculation that Grand Theft Auto VI would cost more than $1.5 billion to develop. That reported response does not give a final budget for the game.
Citi’s reasoning also referred to $2.4 billion in capitalized software development costs for Take-Two Interactive as of Q2. That is a company-level accounting figure, not a stated GTA VI budget. The analysis treated the possibility of lower GTA VI costs as a reason remaining development spending might support another major release; it did not assign that spending to a particular game.
For more background on the game at the center of that reasoning, NeoTeo previously covered Bloomberg’s account of GTA VI’s development and delays.
What the reported window means
The same October 15 article said Rockstar Games had not officially announced another Red Dead Redemption game as of that date. The 2027–2028 timeframe is Citi’s reported analysis, rather than a release announcement from Rockstar Games.
