What is a realistic price prediction for GME?

GME Stock 12 Month Forecast Based on 1 Wall Street analysts offering 12 month price targets for GameStop in the last 3 months. The average price target is $11.00 with a high forecast of $11.00 and a low forecast of $11.00 . The average price target represents a -56.79% change from the last price of $25.46.

Is GameStop stock a good buy?

Is GameStop Stock a Buy, According to Analysts? On TipRanks, GME comes in as a Moderate Sell based on one Sell rating assigned in the past three months. GameStop stock's price target is $5.60, implying 81.6% downside potential.

What is the fair price of GME?

As of 2024-06-13, the Fair Value of GameStop Corp (GME) is 0.6 USD . This value is based on the Peter Lynch's Fair Value formula. With the current market price of 25.46 USD, the upside of GameStop Corp is -97.7%.

What is the price target for GME analyst?

Analyst Price Targets Based on analysts offering 12 month price targets for GME in the last 3 months. The average price target is $11 with a high estimate of $11 and a low estimate of $11. Sign in to your SmartPortfolio to see more analyst recommendations.

What is the 200 day moving average for GME?

GME's 200-day moving average is 16.02, which suggests GME is a Buy.

How much debt is GME in?

Total debt on the balance sheet as of January 2024 : $0.60 B According to GameStop 's latest financial reports the company's total debt is $0.60 B.

What is the true value of GameStop stock?

GameStop Corp's market capitalization is 10.2B USD. GME stock price is 29.12 USD. The Intrinsic Value of GME stock ( 9.57 USD ) is 67% less than its price (29.12 USD). The DCF Value of GME stock (7.26 USD) is 75% less than its price (29.12 USD).

Why is GameStop stock dropping?

GameStop remains a hot property among retail investors eager to snap up the "meme stock," but its financial results continue to cool. The video game seller on Friday reported a loss of $32.3 million on revenue of $882 million in its fiscal first quarter, with declining sales of hardware, software and collectibles .

Why is GameStop price so high?

The Scoop Entertainment Newsletter. (NewsNation) — Gamestop's shares surged in early trading Monday after a Reddit account associated with the trader known as “Roaring Kitty” appeared to reveal a big stake in the video game retailer that may be worth millions . GameStop's stock jumped more than 37% in morning trading.

What is the payout for GME stock?

Historical dividend payout and yield for GameStop (GME) since 2014. The current TTM dividend payout for GameStop (GME) as of March 20, 2024 is $0.00 . The current dividend yield for GameStop as of March 20, 2024 is 0.00%.

What is the net worth of GameStop?

GameStop Market Cap GameStop has a market cap or net worth of $10.23 billion as of June 13, 2024. Its market cap has increased by 35.96% in one year.

What was the highest price for GME?

The highest closing price for GameStop (GME) all-time was $86.88, on January 27, 2021 . The latest price is $29.07.

What is the stock price forecast for Super League gaming?

The average price target for Super League Gaming Inc is $2.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $2.00 ,the lowest forecast is $2.00.

What is the accuracy of stock price prediction?

It can be seen that the LSTM model achieves a forecast accuracy higher than 93% for most of the stocks used in the study. Fig. 6: Accuracy level of LSTM model. Source: The authors' analysis.

GameStop Corp (GME) Stock Price & News

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HomeGME • NYSE

GameStop Corp

$25.46

Pre-market:

$26.49

(4.05%)+1.03

Closed: Jun 13, 8:24:24 AM GMT-4 · USD · NYSE · Disclaimer

Key events shows relevant news articles on days with large price movements

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GameStop raises $2.14 billion from share sale

Yahoo Finance

GameStop Calls 'Roaring Kitty' Claimed to Own See Trading Flurry as Shares Dive

15 hours ago

Bloomberg

GameStop (GME) Raises $2.14 Billion in Share Sale Amid Roaring Kitty-Led Rally

2 days ago

CNBC

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

1 day ago

Q1 earnings report for GameStop

Yahoo Finance

GameStop (GME) Q1 Earnings Miss Estimates, Sales Decline Y/Y

2 days ago

Investing.com

GameStop stock slightly rebounds after poor results, share-sale plan sell-off By Investing.com

2 days ago

Yahoo Finance

Company News for June 10, 2024

2 days ago

Opinion

Yahoo Finance

GameStop, Dogecoin, and the male identity crisis

1 day ago

New York Magazine

GameStop Doesn't Care About Its Apes

5 days ago

By the numbers

Investor's Business Daily

Stock Market Today: Dow Jones Rallies On Cool CPI, Powell Next; GME Stock Slides

22 hours ago

Barron's

These Stocks Are Moving the Most Today: Oracle, Apple, GameStop, and More

16 hours ago

Investor's Business Daily

Dow Jones Futures Fall: CPI, Fed Meeting Loom; GME Stock Crashes 50% In Two Days

2 days ago

News about GameStop CEO Ryan Cohen

www.tradingview.com

New Filing Shows That Dilution Has Shrunk Ryan Cohen's Ownership of GME Stock

16 hours ago

marketscreener.com

GameStop CEO Ryan Cohen cuts stake in company

1 day ago

WSJ

GameStop Drops Surprise Earnings Report, ‘Roaring Kitty’ Backs Ryan Cohen in Livestream

5 days ago

InvestorPlace

2 hours ago

3 Growth Stocks to Sell in June Before They Dive

Financials

Income Statement



Revenue

Net income

(USD)	Feb 2024info Fiscal Q4 2024 ended 2/3/24. Reported on 3/26/24.	Y/Y change
Revenue The total amount of income generated by the sale of goods or services related to the company's primary operations	1.79B	-19.44%
Operating expense Represents the total incurred expenses through normal operations	318.30M	-35.48%
Net income Company’s earnings for a period net of operating costs, taxes, and interest	63.10M	30.91%
Net profit margin Measures how much net income or profit is generated as a percentage of revenue.	3.52	62.96%
Earnings per share Represents the company's profit divided by the outstanding shares of its common stock.	0.22	37.50%
EBITDA Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circ*mstances	119.50M	477.29%
Effective tax rate The percent of their income that a corporation pays in taxes	11.13%	—

Balance Sheet



Total assets

Total liabilities

(USD)	Feb 2024info Fiscal Q4 2024 ended 2/3/24. Reported on 3/26/24.	Y/Y change
Cash and short-term investments Investments that are relatively liquid and have maturities between 3 months and one year	1.20B	-13.76%
Total assets The total amount of assets owned by a company	2.71B	-12.99%
Total liabilities Sum of the combined debts a company owes	1.37B	-23.49%
Total equity The value of subtracting the total liabilities from the total assets of a company	1.34B	—
Shares outstanding Total number of common shares outstanding as of the latest date disclosed in a financial filing	305.87M	—
Price to book A ratio used to determine if a company’s market value is in line with the value of its assets less liabilities and preferred stock	6.96	—
Return on assets A financial ratio that shows a company’s profitability compared to its assets	8.62%	—
Return on capital Company’s return above the average cost it pays for its debt and equity capital	13.21%	—

Cash Flow



Net change in cash

(USD)	Feb 2024info Fiscal Q4 2024 ended 2/3/24. Reported on 3/26/24.	Y/Y change
Net income Company’s earnings for a period net of operating costs, taxes, and interest	63.10M	30.91%
Cash from operations Net cash used or generated for core business activities	-11.00M	-103.25%
Cash from investing Net cash used or generated in investing activities such as purchasing assets	20.60M	207.85%
Cash from financing Net cash used or generated in financing activities such as dividend payments and loans	-3.50M	23.91%
Net change in cash The amount by which a company's cash balance increases or decreases in an accounting period	9.70M	-97.12%
Free cash flow Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments	-27.84M	-107.69%

trending_downTop loser

A security with one of the largest percentage declines since its last closing price

equalizerMost active

One of the most heavily traded stocks during the last trading session

Stock

Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned

US listed security

Listed on NYSE

US headquartered

Headquartered in Grapevine, Texas, United States

Previous close

The last closing price

$30.49

Day range

The range between the high and low prices over the past day

$24.83 - $33.70

Year range

The range between the high and low prices over the past 52 weeks

$9.95 - $64.83

Market cap

A valuation method that multiplies the price of a company's stock by the total number of outstanding shares.

8.94B USD

Avg Volume

The average number of shares traded each day over the past 30 days

78.79M

P/E ratio

The ratio of current share price to trailing twelve month EPS that signals if the price is high or low compared to other stocks

313.51

Dividend yield

The ratio of annual dividend to current share price that estimates the dividend return of a stock

Primary exchange

Listed exchange for this security

NYSE

CDP Climate Change Score

A score provided by CDP (formerly the Carbon Disclosure Project) that rates a company on its climate transparency and performance

B-

About



CEO

Ryan Cohen

Founded

1984

Headquarters

Grapevine, TexasUnited States

Website

gamestop.com

Employees

17,000

Discover more

GameStop Corp (GME) Stock Price & News - Google Finance (2024)

FAQs

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References