GameStop (GME) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" GME shares.
View GME analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12-month price objectives for GameStop's shares. Their GME share price forecasts range from $6.00 to $6.00. On average, they anticipate the company's share price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 64.7%.
View analysts price targets for GME or view top-rated stocks among Wall Street analysts.

GameStop's stock was trading at $18.46 at the beginning of the year. Since then, GME shares have decreased by 8.0% and is now trading at $16.99.
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GameStop saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 53,950,000 shares, an increase of 5.3% from the August 31st total of 51,250,000 shares. Based on an average daily volume of 2,800,000 shares, the days-to-cover ratio is currently 19.3 days.
View GameStop's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our GME earnings forecast.

GameStop Corp. (NYSE:GME) released its quarterly earnings results on Wednesday, September, 6th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.11. The company earned $1.16 billion during the quarter, compared to analysts' expectations of $1.14 billion. GameStop had a negative trailing twelve-month return on equity of 7.50% and a negative net margin of 1.72%. The firm's revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company posted ($0.35) earnings per share.

ETFs with the largest weight of GameStop (NYSE:GME) stock in their portfolio include Roundhill MEME ETF (MEME), SoFi Web 3 ETF (TWEB), VanEck Social Sentiment ETF (BUZZ), VanEck Video Gaming and eSports ETF (ESPO), Wedbush ETFMG Video Game Tech ETF (GAMR), SoFi Social 50 ETF (SFYF), Schwab Crypto Thematic ETF (STCE) and Pacer BlueStar Digital Entertainment ETF (ODDS).

GameStop shares split on the morning of Friday, July 22nd 2022. The 4-1 split was announced on Wednesday, July 6th 2022. The newly issued shares were payable to shareholders after the market closes on Thursday, July 21st 2022. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

342 employees have rated GameStop Chief Executive Officer George Sherman on Glassdoor.com. George Sherman has an approval rating of 26% among the company's employees. This puts George Sherman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other GameStop investors own include General Electric (GE), AT&T (T), Ford Motor (F), Advanced Micro Devices (AMD), Micron Technology (MU), Intel (INTC), Tesla (TSLA), Walt Disney (DIS), Alibaba Group (BABA) and Energy Transfer (ET).

GameStop trades on the New York Stock Exchange (NYSE) under the ticker symbol "GME."

GameStop's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.11%), State Street Corp (2.44%), Geode Capital Management LLC (1.24%), Bank of New York Mellon Corp (0.70%), Charles Schwab Investment Management Inc. (0.68%) and Northern Trust Corp (0.62%). Insiders that own company stock include Alain Attal, Diana Saadeh-Jajeh, James Grube, Kurt James Wolf, Lawrence Cheng, Mark Haymond Robinson, Nir Vinay Patel, Raul J Fernandez and Ryan Cohen.
View institutional ownership trends.

Shares of GME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GME stock can currently be purchased for approximately $16.99.

GameStop (NYSE:GME) has a market capitalization of $5.19 billion and generates $5.93 billion in revenue each year. The company earns $-313,100,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis.

The company employs 11,000 workers across the globe.

GameStop's mailing address is 625 WESTPORT PARKWAY, GRAPEVINE TX, 76051. The official website for the company is www.gamestop.com. The company can be reached via phone at (817) 424-2000, via email at investorrelations@gamestop.com, or via fax at 817-424-2002.