GameStop Corp. (GME)

NYSE: GME · Real-Time Price · USD
20.93
+0.23 (1.11%)
At close: Oct 22, 2024, 4:00 PM
20.81
-0.12 (-0.57%)
Pre-market: Oct 23, 2024, 7:03 AM EDT
1.11%
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]

IPO Date Feb 13, 2002
Employees 8,000
Stock Exchange NYSE
Ticker Symbol GME
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for GME stock is "Sell" and the 12-month stock price forecast is $10.0.

Price Target
$10.0
(-52.22% downside)
Analyst Consensus: Sell
Stock Forecasts

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...

6 days ago - Seeking Alpha

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...

25 days ago - Invezz

"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...

4 weeks ago - Schwab Network

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...

4 weeks ago - GlobeNewsWire

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.

4 weeks ago - Benzinga

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-...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Reuters

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.

5 weeks ago - New York Post

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.

5 weeks ago - Market Watch

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.

5 weeks ago - CNBC Television

Jim Cramer talks GameStop's sell-off

'Mad Money' host Jim Cramer talks the sell off of former high flyer GameStop.

5 weeks ago - CNBC Television

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...

5 weeks ago - CNBC

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...

5 weeks ago - Forbes

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.

5 weeks ago - Invezz

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-...

5 weeks ago - Benzinga

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.

5 weeks ago - Market Watch

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.

5 weeks ago - Kiplinger

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...

5 weeks ago - Investopedia

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.

5 weeks ago - Barrons

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...

5 weeks ago - Reuters

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.

Other symbols: RLAYWOOF
5 weeks ago - Benzinga

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.

6 weeks ago - Barrons

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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.

6 weeks ago - Investopedia