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AMD   169.35 (-0.93%)
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CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
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NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
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NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
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NYSE:GME

GameStop (GME) Stock Price, News & Analysis

$14.35
+0.28 (+1.99%)
(As of 02/8/2024 ET)
Compare
Today's Range
$13.89
▼
$14.44
50-Day Range
$13.46
▼
$18.36
52-Week Range
$11.82
▼
$27.65
Volume
1.82 million shs
Average Volume
2.95 million shs
Market Capitalization
$4.38 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

GameStop MarketRank™ Stock Analysis

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
58.2% Downside
$6.00 Price Target
Short Interest
Bearish
19.67% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.24mentions of GameStop in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.00%
From $0.08 to $0.12 Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.20 out of 5 stars

Retail/Wholesale Sector

167th out of 206 stocks

Computer & Software Stores Industry

1st out of 1 stocks

See Top Rated MarketRank™ Stocks Here

GME stock logo

About GameStop Stock (NYSE:GME)

GameStop Corp. is a specialty retailer founded in 1999 and headquartered in Grapevine, Texas. The company was originally known as GSC Holdings Corp. but later changed its name following its IPO. Originally a brand of then dominant Babbages, Gamestop altered the way video games were distributed and it is now the world's largest retailer of video games and video game accessories. The company went public in 2004 and operated 4,573 stores at the start of 2022. Brands under the company umbrella include Gamestop, EB Games, and Micromania as well as 50 pop-culture-themed Zing Pop locations.

Gamestop Corp. provides video games and entertainment products through its global network of e-commerce properties and stores. The company sells new and pre-owned gaming platforms and accessories like controllers, headsets, memory cards, and gaming software as well as in-game products like digital currency, downloadable content, and games. The company also sells new and used memorabilia and collectibles. Genres include TV, movie, comic book, and game characters as well as many other items from pop culture. GameStop Corp. also operates Game Informer, a magazine and website dedicated to the gaming industry including reviews, updates, and new developments in technologies.

Game enthusiasts enjoy two primary benefits of using Gamestop. The first is access to the full range of games and gaming accessories. The second is the ability to sell or trade their old equipment and games for fair prices. All old equipment is refurbished to a like-new state before resale.

In 2021 Gamestop announced it was entering the world of cryptocurrency. The company revealed plans to build an NFT (non-fungible token) platform for listing, selling, and holding digital or digitized artwork and collectibles. The beta version launched in 2022 and has so far seen great success with an average daily volume exceeding $1 million. The NFT marketplace also featured Web3.0 games in which characters and in-game items are held forever on the blockchain. As of September 2022, the most successful retailer on the NFT marketplace was Gamestop Presents, a collaboration of cover art from Game Informer Magazine. Sales at the time were just under 168 ETH or about $221,500.00.

GameStop began a slide in 2016 following a series of bad investments that included a foray into the world of mobile phones. The slide came to an end in late 2021 when shareholders using the Reddit thread Wallstreet Bets orchestrated a short-squeeze and brought on the age of meme stocks.

 

GME Stock Price History

GME Stock News Headlines

January 26, 2024 | marketbeat.com
8 best meme stocks to buy now  (GME)
Meme stocks took the investing world by storm in 2021, but is it still beneficial to invest meme stocks now? Learn about the best meme stocks to buy now.
February 8, 2024 | msn.com
GameStop's Tweet Adds Fuel To Panic Over Xbox's Future: What's Next For The Brand?
February 8, 2024 | Stansberry Research (Ad)
Gold is SOARING – here's what you need to do
Everything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for just $5.
February 6, 2024 | msn.com
GameStop Coin Is Up 100%, Fans Dub It 'The Most Legendary Meme Coin In History'
February 6, 2024 | thestreet.com
GameStop Will Likely Report a Profitable Year for the First Time Since 2018
February 5, 2024 | msn.com
GameStop shares register biggest decline in two months
February 3, 2024 | msn.com
'Dogecoin Killer' Shiba Inu's Burn Rate Skyrockets, Trump's Stance On CBDCs, GameStop Memecoin Debut And More: Cryptocurrency Weekly Recap
February 2, 2024 | investorplace.com
The Next GameStop? 3 Undiscovered Meme Stocks to Watch.
February 8, 2024 | The Oxford Club (Ad)
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE!
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets…FOR FREE!
February 2, 2024 | seekingalpha.com
GameStop: Meme Hype Delayed The Inevitable
February 1, 2024 | msn.com
GameStop Meme Coin Soars In Value, Gains Interest: How Netflix, Short Squeeze Anniversary Timing Played Out Perfectly
January 30, 2024 | finance.yahoo.com
Solana-based GameStop meme coin gains traction after retailer pulls plug on crypto
January 29, 2024 | msn.com
Forget GameStop Stock, Now There's A GameStop Memecoin And It's Worth Millions
January 22, 2024 | thestreet.com
Should You Buy and Hold GameStop in 2024?
January 19, 2024 | ca.finance.yahoo.com
GME Feb 2024 21.000 put
January 18, 2024 | msn.com
GameStop (NYSE:GME) Rallies after Abandoning NFTs
January 17, 2024 | msn.com
Original meme stock GameStop sees its biggest daily decline in over a month
January 16, 2024 | msn.com
Original meme stock GameStop on pace for biggest decline in over a month
January 16, 2024 | msn.com
GameStop Shuts Down NFT Platform Citing 'Continuing Regulatory Uncertainty'
January 15, 2024 | yahoo.com
GameStop Bails On Its NFT Marketplace
January 15, 2024 | thestreet.com
GameStop (GME) Is Shutting Down its NFT Marketplace. How Will This Impact the Stock?
January 14, 2024 | ca.finance.yahoo.com
GME Apr 2024 40.000 call
January 14, 2024 | ca.finance.yahoo.com
GME Jan 2024 200.000 put
January 14, 2024 | ca.finance.yahoo.com
GME Jun 2025 30.000 call
January 12, 2024 | thestreet.com
GameStop Stock: A Bullish Bet on CEO Ryan Cohen
January 11, 2024 | msn.com
8 suspects break into GameStop on Winchester with sledgehammer
January 10, 2024 | msn.com
Thieves burglarize GameStop, take about 20 PlayStation 5 consoles
See More Headlines
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Company Calendar

Last Earnings
9/06/2023
Today
2/08/2024
Next Earnings (Estimated)
3/19/2024
Fiscal Year End
1/31/2025
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Retail/Wholesale
Industry
Computer & software stores
Sub-Industry
Computer & Electronics Retail
Current Symbol
NYSE:GME
CUSIP
36467W10
CIK
1326380
Web
www.gamestop.com
Phone
(817) 424-2000
Fax
817-424-2002
Employees
11,000
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
-58.2%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.03)
Trailing P/E Ratio
N/A
Forward P/E Ratio
179.63
P/E Growth
N/A
Net Income
$-313,100,000.00
Net Margins
-0.14%
Pretax Margin
-0.10%
Return on Equity
-0.11%
Return on Assets
-0.05%

Debt

Debt-to-Equity Ratio
0.02
Current Ratio
1.65
Quick Ratio
0.94

Sales & Book Value

Annual Sales
$5.93 billion
Price / Sales
0.74
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$4.34 per share
Price / Book
3.31

Miscellaneous

Outstanding Shares
305,510,000
Free Float
266,897,000
Market Cap
$4.39 billion
Optionable
Optionable
Beta
-0.38

Social Links

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GME Stock Analysis - Frequently Asked Questions

Should I buy or sell GameStop stock right now?

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.

What is GameStop's stock price target for 2024?

1 brokerages have issued 12 month target prices for GameStop's shares. Their GME share price targets range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 58.2%.
View analysts price targets for GME or view top-rated stocks among Wall Street analysts.

How have GME shares performed in 2024?

GameStop's stock was trading at $17.53 on January 1st, 2024. Since then, GME stock has decreased by 18.1% and is now trading at $14.35.
View the best growth stocks for 2024 here.

When is GameStop's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 19th 2024.
View our GME earnings forecast.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) announced its earnings results on Wednesday, September, 6th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.11. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.14 billion. GameStop had a negative net margin of 0.14% and a negative trailing twelve-month return on equity of 0.11%. GameStop's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.35) earnings per share.

What ETFs hold GameStop's stock?

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), Amplify Video Game Tech ETF (GAMR), SoFi Social 50 ETF (SFYF), Schwab Crypto Thematic ETF (STCE) and Pacer BlueStar Digital Entertainment ETF (ODDS).

When did GameStop's stock split?

GameStop shares split before market open on Friday, July 22nd 2022. The 4-1 split was announced on Wednesday, July 6th 2022. The newly minted 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.

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

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.

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).

Who are GameStop's major shareholders?

GameStop's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.85%), Van ECK Associates Corp (0.44%), Principal Financial Group Inc. (0.32%), Dimensional Fund Advisors LP (0.31%), Swiss National Bank (0.18%) and Retirement Systems of Alabama (0.11%). Insiders that own company stock include Alain Attal, Daniel William Moore, Diana Saadeh-Jajeh, James Grube, Lawrence Cheng, Mark Haymond Robinson, Nir Vinay Patel and Ryan Cohen.
View institutional ownership trends.

How do I buy shares of GameStop?

Shares of GME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GME) was last updated on 2/8/2024 by MarketBeat.com Staff

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