S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
NYSE:GME

GameStop (GME) Stock Price, News & Analysis

$10.37
+0.31 (+3.08%)
(As of 04/16/2024 ET)
Today's Range
$9.95
$10.47
50-Day Range
$10.07
$15.54
52-Week Range
$9.95
$27.65
Volume
4.16 million shs
Average Volume
3.86 million shs
Market Capitalization
$3.17 billion
P/E Ratio
518.76
Dividend Yield
N/A
Price Target
$5.60

GameStop MarketRank™ Stock Analysis

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
45.7% Downside
$5.60 Price Target
Short Interest
Bearish
21.48% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.17mentions of GameStop in the last 14 days
Based on 19 Articles This Week
Insider Trading
Acquiring Shares
$112,200 Bought Last Quarter
Proj. Earnings Growth
900.00%
From $0.01 to $0.10 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.

1.18 out of 5 stars

Retail/Wholesale Sector

171st out of 196 stocks

Computer & Software Stores Industry

1st out of 1 stocks

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

Your Next Portfolio Star: Revealing 2024's Top Stock Pick
We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)
Merck, Cintas rise; GameStop falls, Wednesday, 3/27/2024
Stocks that are trading heavily or have substantial price changes on Wednesday: Merck, Cintas rise; GameStop falls
GameStop Stock Downtrend Is Intact: The End Game Draws Near
Shares of GameStop NYSE: GME have been trending lower ever since the meme stock frenzy first spiked, and the downtrend is intact. The company continues to bleed business and cash, putting it in a downward spiral, and investors should flee.
GameStop Stock Downtrend Is Intact: The End Game Draws Near
GameStop is on track to revert to its pre-meme price points below $5, and the move could gain momentum as critical support targets are breached.
Short Interest Could Send These 2 Stocks Flying
Bears may have gotten way too aggressive in their trading lately. This is especially true with stocks like SoFi Technologies Inc. NASDAQ: SOFI and Whirlpool Co. NYSE: WHR.
Short Interest Could Send These 2 Stocks Flying (GME)
Short sellers may be in for a rude awakening as they realize their bets on SoFi and Whirlpool could be wrong, betting against Buffett himself is not a good idea
Your Next Portfolio Star: Revealing 2024's Top Stock Pick
We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)
Reddit IPO: Analyzing Upvotes, Downvotes, and Financial Potential (GME)
Reddit's IPO is a gamble on the power of online communities, with the potential for meme-fueled gains and the risk of unpredictable market behavior.
GameStop (NYSE:GME) Trading Down 4.7%
GME Stock Alert: GameStop COO Nir Patel Steps Down
GameStop executive churn plays on with COO departure
See More Headlines
Receive GME Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for GameStop and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/26/2024
Today
4/16/2024
Next Earnings (Estimated)
6/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Computer & software stores
Sub-Industry
Computer & Electronics Retail
CUSIP
36467W10
Employees
8,000
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$5.60
High Stock Price Target
$5.60
Low Stock Price Target
$5.60
Potential Upside/Downside
-45.9%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$6.70 million
Pretax Margin
0.25%

Debt

Sales & Book Value

Annual Sales
$5.27 billion
Cash Flow
$0.23 per share
Book Value
$4.38 per share

Miscellaneous

Free Float
267,211,000
Market Cap
$3.17 billion
Optionable
Optionable
Beta
-0.45

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

GME Stock Analysis - Frequently Asked Questions

Should I buy or sell GameStop stock right now?

1 Wall Street 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 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 brokers have issued 12-month target prices for GameStop's shares. Their GME share price targets range from $5.60 to $5.60. On average, they expect the company's stock price to reach $5.60 in the next twelve months. This suggests that the stock has a possible downside of 45.7%.
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 at the beginning of 2024. Since then, GME shares have decreased by 41.2% and is now trading at $10.31.
View the best growth stocks for 2024 here
.

Are investors shorting GameStop?

GameStop saw a increase in short interest in March. As of March 31st, there was short interest totaling 65,690,000 shares, an increase of 10.3% from the March 15th total of 59,550,000 shares. Based on an average trading volume of 3,860,000 shares, the short-interest ratio is currently 17.0 days.
View GameStop's Short Interest
.

When is GameStop's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our GME earnings forecast
.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) announced its earnings results on Tuesday, March, 26th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.07. The business earned $1.79 billion during the quarter, compared to analyst estimates of $2.05 billion. GameStop had a net margin of 0.13% and a trailing twelve-month return on equity of 1.35%. The firm's quarterly revenue was down 19.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 EPS.

When did GameStop's stock split?

GameStop shares split on the morning of Friday, July 22nd 2022. The 4-1 split was announced on Wednesday, July 6th 2022. The newly minted shares were issued to shareholders after the closing bell 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 many different institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%). 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 4/16/2024 by MarketBeat.com Staff

From Our Partners