GameStop Corp. (GME)
Market Cap | 9.35B |
Revenue (ttm) | 4.55B |
Net Income (ttm) | 42.50M |
Shares Out | 446.51M |
EPS (ttm) | 0.12 |
PE Ratio | 168.02 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,063,065 |
Open | 20.62 |
Previous Close | 20.70 |
Day's Range | 20.43 - 20.93 |
52-Week Range | 9.95 - 64.83 |
Beta | -0.16 |
Analysts | Sell |
Price Target | 10.00 (-52.22%) |
Earnings Date | Dec 4, 2024 |
About GME
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and t... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GME stock is "Sell" and the 12-month stock price forecast is $10.0.
News
GameStop May Have Figured Out Their Next Venture And It Could Work
GameStop's shift to trading cards and partnerships with PSA could offset declining video game sales, positioning it as a national card shop chain. GME's strong balance sheet, with over $4 billion in c...
GameStop stock: Time to embrace the MicroStrategy approach?
GameStop (GME) stock price has moved sideways in the past few weeks as investors reflect on its recent earnings and cash raise. It was trading at $22.48 on Friday, much lower than the year-to-date hig...
"No Coaches, No Players" in Gamestop's (GME) Leadership
Michael Pachter with Wedbush Securities has called Gamestop (GME) a bank with the way its leadership has handled money. He questions why people are still buying into the stock, pointing to questionabl...
GameStop Completes At-The-Market Equity Offering Program
GRAPEVINE, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has completed its previously disclosed “at-the-market” equity offe...
GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
GameStop Corp‘s GME stock price is up 17.04% year-to-date but down 12.43% over the past month.
Did Anyone Notice GameStop Reinvented Itself On The Latest Kitty Call? (Rating Upgrade)
Roaring Kitty's reappearance with a large GameStop position in May, helped the share quote to rise from $12 to $60+ in quick order. GameStop's management issued $3.05 billion in new shares during May-...
FTC says Gamestop CEO Cohen to pay nearly $1 million penalty
The U.S. Federal Trade Commission said on Wednesday that Ryan Cohen, managing partner of RC Ventures LLC and Gamestop CEO, would pay a nearly $1 million penalty to settle an antitrust law violation re...
GameStop prepares to shutter even more stores after disappointing second quarter
GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.
This tactic could improve GameStop's performance, analyst says
GameStop Corp.'s long-term strategy is in the spotlight after the videogame retailer reported second-quarter results this week that saw sales fall more than 30% year over year.
GameStop's sell off does not have much to do with the numbers, says Jim Cramer
'Mad Money' host Jim Cramer talks the sell off of former high flyer GameStop.
Jim Cramer talks GameStop's sell-off
'Mad Money' host Jim Cramer talks the sell off of former high flyer GameStop.
Jim Cramer says GameStop feels like a 'massively overvalued' SPAC
CNBC's Jim Cramer on Wednesday told investors that GameStop increasingly feels like a special purpose acquisition company as the videogame retailer's primary business struggles, but it still manages t...
GameStop Shares Plunge Over 14% After Revenue Decline
The value of GameStop's stock continued to decline on Wednesday after the video game retailer—often the focus of meme stock trading since a viral 2021 rally—reported a decline in sales, dropping the c...
GameStop's troubling management decisions: why shareholders should be concerned
GME's quarterly profit hasn't impressed investors who realize the core business is struggling and any profit derived from other income doesn't help the company's long term cause.
GameStop Analyst Says Retailer Could Close All Stores, Operate As Bank To Manage Losses
A GameStop Corporation GME analyst is questioning why the video game retailer is trading at a premium to its cash as it works through managing operating losses, but provided no strategy in its second-...
GameStop price target cut as analyst cites retailer's lack of strategy
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
GameStop Sinks on Revenue Drop, Stock Offering: What to Know
GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to raise cash.
Watch These GameStop Price Levels as Stock Plummets
GameStop (GME) shares plunged in premarket trading on Wednesday after the brick-and-mortar video gamer retailer announced a 20 million share offering and reported a 31% drop in quarterly sales, as con...
How Do You Solve a Problem Like GameStop? One Analyst Has a Novel Idea.
Despite an earnings beat, the company's retail business is a melting ice cube—slowing shrinking—and there is no strategy to replace it.
Meme stock GameStop slumps as revenue drop fans turnaround doubts
Shares of GameStop , a widely watched meme stock, tumbled 10% in premarket trading on Wednesday after the video game retailer reported a bigger drop in quarterly revenue, questioning its ability to re...
GameStop Reports Weak Sales, Joins Petco, Relay Therapeutics And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Wednesday.
GameStop Stock Tumbles Despite Surprise Profit in Earnings. This Is Why.
The videogame retailer reported earnings of 4 cents per share for the three months ended Aug. 4, beating expectations for a 9 cents per-share loss.
GameStop's Recent Plunge Is Very Much Warranted
GameStop's Q2 2024 revenue fell 31.4%, missing expectations, but earnings exceeded forecasts, highlighting a significant sales drop despite bottom-line improvements. The company's bleak future stems f...
GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'
GameStop Corp. faces strong competition from game publishers and big retailers, making a turnaround of its core business unlikely. I initiate a “Strong Sell” rating with a $14 target price. CEO Ryan C...
GameStop's Revenue Swoons—But the Retailer Posted a Surprise Profit
GameStop's (GME) second quarter sales declined year-over-year, missing Wall Street's expectations, but the video game retailer managed to swing to a surprise profit.