GameStop(GME)

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X @Bloomberg
Bloomberg· 2025-07-16 17:12
GameStop has transformed a blunder into another viral moment https://t.co/FLOET9Fkdz ...
GameStop CEO Is 'Not Scared Of The Short Sellers,' Calls It Un-American To Bet Against Business 'But It's A Free Market'
Benzinga· 2025-07-16 16:18
Core Insights - GameStop Corporation has seen significant involvement from CEO Ryan Cohen, who has increased his stake in the company to 13% and became chairman in June 2021 and CEO in September 2023 [1][3] - Cohen expressed a lack of respect for short sellers, viewing their actions as un-American, but remains focused on running the business rather than on short selling activities [3][4] - The company has shifted its focus from hardware to collectibles, which has contributed to profitability, with GameStop generating profits every quarter [5] Stake and Leadership - Ryan Cohen disclosed a 9% stake in GameStop in August 2020, later increasing it to 13% [1] - Cohen became chairman in June 2021 and was appointed CEO in September 2023 [1] Short Selling Dynamics - Approximately 18.9% of GameStop's float is currently shorted, although the number of short sellers has declined [3] - Cohen believes that short sellers may ultimately need to cover their positions, which could be beneficial for the company [3] Business Strategy and Profitability - GameStop has fewer stores now but is more profitable, with a focus on collectibles like trading cards [5] - Cohen indicated that the retail business is now profitable, leading to a strategic shift away from hardware [5] Financial Considerations - Cohen mentioned that there are tax implications regarding dividends, suggesting it may be better to reinvest in the company for future opportunities [6] - GameStop's stock was up 0.6% to $23.36, with a year-to-date decline of 23.8% in 2025, but has increased over 2,250% in the last five years [6]
X @Decrypt
Decrypt· 2025-07-15 20:20
Is GameStop trying to be the next Strategy? CEO Ryan Cohen gives a look into its Bitcoin treasury approach and talks crypto payments. https://t.co/cAFd0XQt1G ...
X @Decrypt
Decrypt· 2025-07-15 18:19
Cryptocurrency Strategy - GameStop CEO Ryan Cohen discusses Bitcoin strategy [1] - Potential crypto payments are teased [1]
GameStop's Ryan Cohen lays out his vision for company
CNBC Television· 2025-07-15 17:13
Business Transformation - The company has transitioned from a reliance on hardware and software to a significant focus on trading cards and collectibles [1] - The company is now a more profitable, smaller business with fewer stores [1] - The company has gotten its costs under control [1] Financial Position - The company has a very strong balance sheet with over $9 billion of cash and marketable securities [3] - The company made an investment of just over $500 million into Bitcoin as a hedge against inflation and global money printing [2] Investment Strategy - The company will deploy capital responsibly, seeking opportunities with limited downside and significant upside [3] - The company will be opportunistic in its investment approach [3]
Can GameStop Overcome Declines in Hardware & Software Sales?
ZACKS· 2025-07-15 17:06
Core Insights - GameStop Corp. (GME) reported a significant decline in its core hardware and software segments in Q1 of fiscal 2025, with total net sales dropping 16.9% to $732.4 million from $881.8 million a year earlier [1][8] Sales Performance - Hardware and accessories sales fell 31.7% year over year to $345.3 million from $505.3 million, while software sales declined 26.7% to $175.6 million from $239.7 million [1][8] - Hardware accounted for 47.1% of net sales, down from 57.3%, and software fell to 24% from 27.2%, indicating a shrinking contribution from GameStop's legacy businesses [3] Market Trends - The decline in hardware and accessories suggests softer demand for consoles and related products, influenced by the maturity of the current console cycle and the growing appeal of digital and cloud-based gaming alternatives [2] - The decrease in software sales highlights reduced demand for traditional physical video games as digital downloads and streaming services gain traction [2] Strategic Challenges - With over 70% of revenues still tied to declining segments, GameStop faces increasing pressure to modify its strategies and accelerate diversification into higher-growth areas such as collectibles and digital offerings [4] Competitive Positioning - GameStop's shares have lost 24.4% year to date, underperforming the industry's growth of 14.5% [5] - Compared to competitors, Best Buy shares have declined 17.3%, while Microsoft shares have risen 19.3% during the same period [6] Valuation Metrics - GameStop trades at a forward price-to-sales ratio of 3.22X, slightly below the industry average of 3.61X, with a Value Score of C [6] - GameStop is trading at a premium to Best Buy (0.36X) and at a discount to Microsoft (11.85X) [6] Earnings Estimates - The Zacks Consensus Estimate for GME's fiscal 2025 earnings implies year-over-year growth of 127.3%, while fiscal 2026 indicates a decline of 52% [10]
X @Cointelegraph
Cointelegraph· 2025-07-15 14:08
🔥 BULLISH: Gamestop CEO Ryan Cohen calls $BTC a "hedge against inflation and global money printing." https://t.co/Sgkjl4VVKq ...
GameStop CEO on 'staplegate' auction: If we get to seven figures I'll sign and deliver my underwear
CNBC Television· 2025-07-15 11:58
Business Transformation - GameStop has evolved into a more profitable and smaller business with fewer stores [6] - The company has shifted its focus from hardware and software to trading cards and collectibles [6] - GameStop has significantly improved cost control measures [6] Financial Position - GameStop possesses a very strong balance sheet [6] - The company holds over $9 billion in cash and marketable securities [8] - GameStop made an investment of just over $500 million into Bitcoin [7] Investment Strategy - GameStop views its Bitcoin investment as a hedge against inflation and global money printing [7] - The company aims to deploy capital responsibly, seeking opportunities with limited downside and significant upside [8] - GameStop will be opportunistic in its investment approach [8]
X @Cointelegraph
Cointelegraph· 2025-07-14 01:00
🔥TODAY: GameStop CEO Ryan Cohen says, “Bitcoin is at 119k.”Will $GME buy more Bitcoin? https://t.co/2J0a1B0R0n ...
Why Is GameStop (GME) Down 18.8% Since Last Earnings Report?
ZACKS· 2025-07-10 16:30
Core Viewpoint - GameStop shares have declined approximately 18.8% over the past month, underperforming the S&P 500, raising questions about the potential for a breakout or continued negative trend leading up to the next earnings release [1] Group 1: Earnings Report and Estimates - Estimates for GameStop have trended upward in the past month, with a consensus estimate shift of 137.5% [2] - The most recent earnings report is crucial for understanding the important drivers behind the stock's performance [1] Group 2: VGM Scores - GameStop currently holds a Growth Score of B and a Momentum Score of A, while its Value Score is rated D, placing it in the bottom 40% for this investment strategy [3] - The aggregate VGM Score for GameStop is B, which is significant for investors not focused on a single strategy [3] Group 3: Outlook - The upward trend in estimates and the magnitude of revisions appear promising for GameStop [4] - GameStop has a Zacks Rank of 3 (Hold), indicating expectations for an in-line return from the stock in the coming months [4]