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S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NYSE:GME

GameStop Stock Forecast, Price & News

$124.38
-5.31 (-4.09%)
(As of 06/28/2022 12:00 AM ET)
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Today's Range
$122.28
$131.33
50-Day Range
$81.33
$148.85
52-Week Range
$77.58
$255.69
Volume
1.62 million shs
Average Volume
4.15 million shs
Market Capitalization
$9.47 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$88.00
30 days | 90 days | 365 days | Advanced Chart

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GME Stock Forecast (MarketRank)

Overall MarketRank

1.23 out of 5 stars

Retail/Wholesale Sector

247th out of 283 stocks

Computer & Software Stores Industry

1st out of 1 stocks

Analyst Opinion: 0.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
GameStop logo

About GameStop (NYSE:GME)

GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising licensed merchandise primarily related to the gaming, television, and movie industries, as well as pop culture themes. As of January 29, 2022, the company operated 4,573 stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and 50 pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new releases, previews of the big titles on the horizon, and coverage of the latest developments in the gaming industry. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

GME Stock News Headlines

GameStop Overheats In First Quarter Rally
Don’t Get Gamed By Gamestop
The only thing we can guarantee about the Gamestop (NYSE: GME) market is that the wild swings in volatility are not over. While the company may be working hard on improving itself, there is still no fundamental reason to own the stock and Wall Street’s interest is very limited.
Is This Game On for GameStop Stock?
It’s been 16 months since GameStop Corp. (NYSE: GME) blasted into the stratosphere fueled by extreme trading euphoria. Since its abrupt return to Earth,
See More Headlines

Industry, Sector and Symbol

Industry
Computer & software stores
Sub-Industry
Computer & Electronics Retail
CUSIP
36467W10
Employees
12,000
Year Founded
1996

Company Calendar

Last Earnings
6/01/2022
Today
6/28/2022
Next Earnings (Estimated)
9/14/2022
Fiscal Year End
1/31/2023

Price Target and Rating

Average Stock Price Forecast
$88.00
High Stock Price Forecast
$146.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
-29.2%
Consensus Rating
Reduce
Rating Score (0-4)
1
Research Coverage
2 Analysts

Profitability

Net Income
$-381.30 million
Pretax Margin
-7.92%

Debt

Sales & Book Value

Annual Sales
$6.01 billion
Book Value
$20.99 per share

Miscellaneous

Free Float
74,302,000
Market Cap
$9.47 billion
Optionable
Optionable
Beta
-1.07

Social Links















GameStop Frequently Asked Questions

Should I buy or sell GameStop stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 2 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" GameStop stock.
View analyst ratings for GameStop
or view top-rated stocks.

What is GameStop's stock price forecast for 2022?

2 analysts have issued 1 year price objectives for GameStop's shares. Their GME stock forecasts range from $30.00 to $146.00. On average, they predict GameStop's stock price to reach $88.00 in the next twelve months. This suggests that the stock has a possible downside of 29.2%.
View analysts' price targets for GameStop
or view top-rated stocks among Wall Street analysts.

How has GameStop's stock performed in 2022?

GameStop's stock was trading at $148.39 at the start of the year. Since then, GME shares have decreased by 16.2% and is now trading at $124.38.
View the best growth stocks for 2022 here
.

When is GameStop's next earnings date?

GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, September 14th 2022.
View our earnings forecast for GameStop
.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) released its quarterly earnings data on Wednesday, June, 1st. The company reported ($2.08) EPS for the quarter, missing the consensus estimate of ($1.45) by $0.63. The firm earned $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. GameStop had a negative net margin of 7.73% and a negative trailing twelve-month return on equity of 27.61%. GameStop's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.45) earnings per share.
View GameStop's earnings history
.

Who are GameStop's key executives?

GameStop's management team includes the following people:
  • Mr. Matthew Furlong, Pres, CEO & Director (Age 42, Pay $1.96M)
  • Mr. Mike Recupero, Chief Financial Officer (Age 48, Pay $1.24M)
  • Ms. Diana Saadeh-Jajeh, Sr. VP & Chief Accounting Officer (Age 52, Pay $1.14M)
  • Mr. James Anthony Bell, Sr. Adviser (Age 54, Pay $2.96M)
  • Mr. Nir Patel, Chief Operating Officer
  • Mr. Matt Francis, Chief Technology Officer
  • Ms. Angela Venuk, VP & Interim CIO
  • Mark H. Robinson, Gen. Counsel & Sec.
  • Mr. Joey Mooring, Sr. Director of Corp. Communications
  • Ms. Lisa Keglovitz, Sr. VP of HR

What is George Sherman's approval rating as GameStop's CEO?

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

What other stocks do shareholders of GameStop own?

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).

What is GameStop's stock symbol?

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

Who are GameStop's major shareholders?

GameStop's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.81%), BlackRock Inc. (6.84%), Simplex Trading LLC (0.00%), State Street Corp (2.21%), Jane Street Group LLC (0.00%) and Group One Trading L.P. (0.00%). Company insiders that own GameStop stock include Alain Attal, Carrie W Teffner, Diana Saadeh-Jajeh, George E Sherman Jr, James A Bell, James Grube, Kurt James Wolf, Lizabeth Dunn, Raul J Fernandez, Ryan Cohen and Steven R Koonin.
View institutional ownership trends for GameStop
.

Which major investors are selling GameStop stock?

GME stock was sold by a variety of institutional investors in the last quarter, including IMC Chicago LLC, Prelude Capital Management LLC, Invesco Ltd., HAP Trading LLC, Twin Tree Management LP, Bank of New York Mellon Corp, Clear Street Markets LLC, and The Manufacturers Life Insurance Company . Company insiders that have sold GameStop company stock in the last two years include Diana Saadeh-Jajeh, James Grube, Kurt James Wolf, and Raul J Fernandez.
View insider buying and selling activity for GameStop
or view top insider-selling stocks.

Which major investors are buying GameStop stock?

GME stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Group One Trading L.P., Renaissance Technologies LLC, Sandler Capital Management, Walleye Trading LLC, PEAK6 Investments LLC, Cutler Group LP, and Simplex Trading LLC. Company insiders that have bought GameStop stock in the last two years include Alain Attal, and Ryan Cohen.
View insider buying and selling activity for GameStop
or or view top insider-buying stocks.

How do I buy shares of GameStop?

Shares of GME 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.
Compare Top Brokerages Here.

What is GameStop's stock price today?

One share of GME stock can currently be purchased for approximately $124.38.

How much money does GameStop make?

GameStop (NYSE:GME) has a market capitalization of $9.47 billion and generates $6.01 billion in revenue each year. The company earns $-381.30 million in net income (profit) each year or ($6.26) on an earnings per share basis.

How many employees does GameStop have?

GameStop employs 12,000 workers across the globe.

When was GameStop founded?

GameStop was founded in 1996.

How can I contact GameStop?

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

This page (NYSE:GME) was last updated on 6/29/2022 by MarketBeat.com Staff

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