GameStop Corp. (GME)

NYSE: GME · IEX Real-Time Price · USD
17.53
-0.54 (-2.99%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.99%
Market Cap 5.36B
Revenue (ttm) 5.71B
Net Income (ttm) -8.20M
Shares Out 305.51M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 36.76
Dividend n/a
Ex-Dividend Date n/a
Volume 4,277,503
Open 18.04
Previous Close 18.07
Day's Range 17.46 - 18.16
52-Week Range 11.83 - 27.65
Beta -0.23
Analysts Sell
Price Target 6.00 (-65.77%)
Earnings Date Dec 6, 2023

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 also sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture ... [Read more]

IPO Date Feb 13, 2002
Employees 11,000
Stock Exchange NYSE
Ticker Symbol GME
Full Company Profile

Financial Performance

In 2022, GameStop's revenue was $5.93 billion, a decrease of -1.39% compared to the previous year's $6.01 billion. Losses were -$313.10 million, -17.89% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GME stock is "Sell" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(-65.77% downside)
Analyst Consensus: Sell
Stock Forecasts

News

GameStop and AMC shares rise, on pace to continue winning streaks

Shares of original meme stocks GameStop Corp. GME, +3.74% and AMC Entertainment Holdings Inc. AMC, +1.80% are up 4% and 1.5%, respectively, Wednesday, outpacing the S&P 500 index SPX, +0.05%, which is...

Other symbols: AMC
4 days ago - Market Watch

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

4 days ago - Market Watch

GameStop's stock climbs more than 5%, resuming its rally

Shares of GameStop Corp. rose 5.2% Monday, as the video-game retailer and original meme-stock darling resumed its recent rally.

13 days ago - Market Watch

This is what we can expect to see from meme stocks in 2024

It may be a couple of years since the meme-stock feeding frenzy hit its heights, but we're still seeing occasional bursts of meme-like activity in number of stocks.

Other symbols: AMCGSITLCIDMULNVFS
16 days ago - Market Watch

SEC Chair Gensler invokes GameStop in defense of new short sale rules

The hedge fund industry is challenging new rules that require more disclosure of short sale transactions, but Securities and Exchange Commission Chair Gary Gensler believes the regulations will stand ...

17 days ago - Market Watch

Can GameStop Behave Like a Mutual Fund and Benefit from Ryan Cohen's Investing Chops?

Last week, GameStop Corp.'s (GME) board of directors authorized Chief Executive Officer (CEO) Ryan Cohen to manage the company's securities portfolio, which will expand to include investments in other...

20 days ago - Investopedia

3 Charts For Investors to Watch Friday: Lululemon, Alphabet, Gamestop

Here's our daily look at three charts linked to news-driven price moves yesterday, with key levels to monitor.

Other symbols: GOOGGOOGLLULU
23 days ago - Investopedia

GameStop Sales Decline as It Cuts Expenses, Changes Investment Policy

GameStop Corp. (GME) sales slumped in most of its global markets in the third quarter, but the video game retailer said it reduced its expenses and changed its investment policy. After initially falli...

24 days ago - Investopedia

GameStop's potential new strategy: Let Ryan Cohen buy other stocks with company cash

The Chewy co-founder and investor is gaining even more power at GameStop, which was at the center of the meme stock craze of 2021.

24 days ago - CNBC

GameStop's new investment policy ‘alarming' and ‘inane,' says Wedbush

GameStop Corp.'s decision to extend its investment policy to include equities is an “alarming” and “inane” move, according to analyst firm Wedbush.

24 days ago - Market Watch

GameStop: Better than expected is just plain bad news

GameStop NASDAQ: GME had a mixed Q3 that reveals some improvement in operations attributable to new CEO Ryan Cohen. Among the Easter Eggs are a better-than-expected bottom line, positive cash flow and...

24 days ago - MarketBeat

GameStop shares fall on revenue miss, company may use its cash to invest in stocks

CNBC's Andrew Ross Sorkin reports on the latest news.

24 days ago - CNBC Television

These Stocks Are Moving the Most Today: Alphabet, AMD, C3.ai, GameStop

Here are stocks making moves on Thursday.

Other symbols: AIAMDGOOGGOOGL
24 days ago - Barrons

GameStop stock slips after revenue miss, and Ryan Cohen eyes equity investments

GameStop Corp.'s stock was falling 2.9% in extended trading Wednesday after the videogame retailer missed analysts' revenue expectations with its fiscal third-quarter results, despite coming in better...

25 days ago - Market Watch

GameStop Stock Falls After Sales Miss. It May Use Cash to Invest in Stocks.

The videogame retailer reported worse-than-expected fiscal third-quarter revenue.

25 days ago - Barrons

GameStop Discloses Third Quarter 2023 Results

GRAPEVINE, Texas, Dec. 06, 2023 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the third quarter ended October 28, 2023. The Company'...

25 days ago - GlobeNewsWire

Earnings Exchange: Chewy, GameStop & Dollar General

Lee Munson, president and CIO of Portfolio Wealth Advisors, joins 'The Exchange' to discuss Chewy, GameStop, and Dollar General.

Other symbols: CHWYDG
25 days ago - CNBC Television

GameStop's stock rises as earnings near, on pace for two-day winning streak

Shares of GameStop Corp. rose 4.1% Monday ahead of the company's third-quarter results scheduled for later this week. The stock is on pace for a two-day winning streak.

27 days ago - Market Watch

GameStop's ‘meme'-like stock rally continues as earnings draw near

GameStop Corp. announced last week that it will report third-quarter results after market close on Dec. 6, sparking a “meme”-like rally in the videogame retailer's stock this week.

4 weeks ago - Market Watch

GameStop's stock pulls back, after best two-day gain in 8 months

Shares of GameStop Corp. GME, -10.72% dropped 10.6% in active morning trading Thursday, to put a pause on the “meme”-like rally of the past two sessions. Trading volume was about 9.0 million share, al...

4 weeks ago - Market Watch

These advisers say markets are expecting unrealistic outcomes. Here are some alternatives.

Stocks are poised for an upbeat finish to the best month of gains for 2023, as the fever pitch around Fed rate cuts next year grows. It's all teeing up nicely for that Santa rally, maybe.

4 weeks ago - Market Watch

GameStop, AMC, AITX, WISH, Clover stocks could be in for a ride

The meme coin craze that happened in 2021 ended as was expected. Most stocks that surged at the time nosedived, with Bed Bath and Beyond and Lordstown Motors filing for bankruptcy.

Other symbols: AMCWISH
4 weeks ago - Invezz

GameStop stock soars toward biggest 2-day gain 9 months

Shares of GameStop Corp. GME ran up 15.4% toward a seven-week high, as the original “meme” stock continued to get a boost from aggressive bets by options traders. The consumer electronics and videogam...

4 weeks ago - Market Watch

GameStop Stock Soars as Traders Bet on Massive Gains After Earnings Next Week

Traders are piling into call options on GameStop stock implying the shares will stage a big rally after quarterly results.

4 weeks ago - Barrons

GameStop stock's best day since January driven by fresh wave of speculative bets

Traders are piling into long-shot GameStop Inc. call options that would pay off if the stock price nearly doubles before, or shortly after, the company's Dec. 6 earnings report, FactSet data show.

4 weeks ago - Market Watch