Group 1: Stock Performance - GameStop (GME) closed at $27.89, reflecting a -1.97% change from the previous session, underperforming compared to the S&P 500's daily gain of 0.09% [1] - Over the last month, GameStop's shares increased by 6.24%, lagging behind the Consumer Discretionary sector's gain of 19.62% and the S&P 500's gain of 13.05% [1] Group 2: Earnings Expectations - Analysts anticipate GameStop will report an EPS of $0.08, representing a 166.67% increase compared to the same quarter last year [2] - The consensus estimate for revenue is $750 million, indicating a 14.95% decrease from the same quarter of the previous year [2] Group 3: Full Year Projections - For the full year, earnings are projected at $0.47 per share, reflecting a +42.42% change from the prior year, while revenue is expected to be $3.4 billion, showing a -11.06% change [3] Group 4: Analyst Estimates and Outlook - Recent modifications to analyst estimates for GameStop reflect shifting short-term business dynamics, with positive changes indicating a favorable outlook on the company's health and profitability [4] - Changes in estimates are linked to upcoming stock price performance, suggesting that investors can leverage this information [5] Group 5: Zacks Rank and Valuation - GameStop currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for stocks rated 1 since 1988 [6] - The company is trading at a Forward P/E ratio of 60.53, which is a premium compared to the industry's average Forward P/E of 20.69 [7] Group 6: Industry Context - The Gaming industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 143, placing it in the bottom 43% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8]

GameStop Corp. (GME) , which sparked the meme-stock revolution, continues to defy conventional market logic. While its fundamentals have yet to catch up with its lofty valuation, retail investor enthusiasm remains strong. Even amid sharp swings and uncertainty over its future trajectory, GME still trades at a premium. As speculative interest lingers, investors are once again at a crossroads: Should you buy into the hype, hold out for more gains or exit before the momentum fades?From a valuation standpoint, ...

GameStop (GME) ended the recent trading session at $27.59, demonstrating a +0.47% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.1%.Coming into today, shares of the video game retailer had gained 26.37% in the past month. In that same time, the Consumer Discretionary sector lost 4.33%, while the S&P 500 lost 4.29%.Analysts and investors alike will be keeping a close ...

Ryan Cohen, the billionaire chief executive of GameStop, must face a lawsuit by the company once known as Bed Bath & Beyond to recoup $47.2 million of profit from trading its stock before the home goods retailer went bankrupt.US District Judge Naomi Reice Buchwald in Manhattan on Friday said Cohen and his RC Ventures must defend against a claim they bought and sold a more than 10% Bed Bath stake within six months, making them liable as insiders to repay “short-swing” profits.Cohen claimed he did not know hi ...

U.S. stock markets have been witnessing extreme volatility and one of the worst-performing phases in the last four trading sessions. The Dow fell more than 4,500 points during this period. The tech-heavy Nasdaq Composite plunged 13% in the last four days. The tech-laden index entered bear market territory, sliding more than 20% from its recent high. The S&P 500 fell more than 12% in the last four days and is currently in correction zone. Moreover, Wall Street’s broad-market index has tumbled almost 19% from ...

Core Viewpoint - GameStop (GME) is seen as an attractive investment due to a significant improvement in its earnings outlook, with analysts raising their earnings estimates, which may lead to continued stock momentum [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding GameStop's earnings prospects, which is expected to positively impact its stock price [2]. - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that stocks with a Zacks Rank 1 have generated an average annual return of +25% since 2008, highlighting the potential for GameStop [3]. - There has been strong consensus among analysts in raising earnings estimates for GameStop, significantly increasing the consensus estimates for the next quarter and the full year [3]. Current Quarter and Year Estimates - For the current quarter, GameStop is expected to earn $0.08 per share, reflecting a year-over-year increase of +166.67%. The Zacks Consensus Estimate has risen by 166.67% over the last 30 days, with one estimate moving higher and no negative revisions [6]. - For the full year, the earnings estimate stands at $0.47 per share, representing a change of +42.42% from the previous year. The trend for current year estimates is also positive, with one estimate moving higher and no negative revisions [7]. Zacks Rank and Investment Potential - The favorable estimate revisions have led GameStop to achieve a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance compared to the S&P 500 [8]. - Investors have shown confidence in GameStop, as evidenced by an 8.3% gain in the stock over the past four weeks, driven by solid earnings growth prospects [9].

Conventional wisdom would have you believe that GameStop Corp. (NYSE: GME ) is a specialty retailer that sells video games and other entertainment products through its online channels and bricks and mortar locations. That may have been the case aI am a private investor based out of Toronto, Canada and I have been investing since 2003. After 8 years in Corporate Finance with a Canadian Telecom company I have decided to dedicate myself full-time to the capital markets. I write on Seeking Alpha to demonstrate ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Core Insights - GameStop plans to close a "significant number" of stores in fiscal 2025 following the closure of 970 stores in fiscal 2024 as part of its strategy to achieve sustained profitability [1][4] Store Closures - In fiscal 2024, GameStop closed 590 stores in the U.S., 336 in Europe, 33 in Australia, and 11 in Canada [2] - The company exited operations in Ireland, Switzerland, and Austria during fiscal 2023, closed its store operations in Germany, and sold its Italian subsidiary in the fourth quarter of fiscal 2024 [2] - As of February 1, 2024, GameStop had a total of 3,203 stores, with 2,325 located in the U.S. [3] Store Portfolio Optimization - GameStop has initiated a comprehensive review of its store portfolio to identify closures based on market conditions and individual store performance, which led to the closure of 590 stores in the U.S. in fiscal 2024 [4] - The company anticipates closing a significant number of additional stores in fiscal 2025 as part of this ongoing review [4] Strategic Focus - GameStop is focused on optimizing its cost structure and establishing "omnichannel retail excellence" while expanding its market by adding new product and service offerings, including graded collectibles [4] - The company is adapting to the rise of digital distribution and changing consumer behavior in the gaming retail industry [5] - GameStop has partnered with Zip to offer a buy now, pay later (BNPL) option for customers and has added bitcoin as a treasury reserve asset [5]

GRAPEVINE, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop”), today announced the pricing of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). GameStop also granted the initial purchaser of the notes an option to purchase, within a 13- ...