GameStop(GME)

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What's Going On With GameStop Stock Today?
Benzinga· 2025-09-15 20:12
Group 1 - GameStop Corp (GME) shares have increased over 10% in the past five days, indicating positive momentum for the company [1] - The company reported second-quarter earnings of 25 cents per share on revenue of $972.2 million, surpassing Wall Street's estimates of 16 cents per share and $823.24 million in revenue [2] - GameStop declared a special dividend of tradable warrants, allowing shareholders to purchase shares at an exercise price of $32, potentially raising up to $1.9 billion in gross proceeds [3] Group 2 - GameStop has a high Growth score of 99.75 according to Benzinga Edge rankings, reflecting its strong operational performance [4] - On Monday, GME shares closed at $25.53, with a 52-week high of $35.81 and a low of $19.42 [5]
New high for the NASDAQ index is traders pile into tech shares
News & Analysis For Stocks, Crypto & Forex | Investinglive· 2025-09-15 15:53
Market Performance - The NASDAQ index gained 197 points or 0.90% to reach 22339, with a high of 22340.91 [1] - The S&P index increased by 31 points or 0.47% to 6614.69, with an earlier high of 6619.62, indicating potential for a new record close [1] - The Dow industrial average declined by 48 points or -0.11% to 45787.66, with companies like Amgen, McDonald's, Sherwin-Williams, and 3M contributing to the downturn [2] - The small-cap Russell 2000 rose by 7.69 points or 0.32% to 2404.73 [2] Notable Stock Movements - Tesla surged by 6.45% following reports of Elon Musk purchasing about $1 billion in Tesla stock, indicating strong bullish momentum [3] - Chewy increased by 5.42% due to optimism for continued demand growth in online pet supplies [3] - ASML ADR rose by 5.37% driven by strong semiconductor sector momentum and robust chip equipment demand [3] - Western Digital gained 5.24% as memory chip recovery prospects improved [3] - Roblox climbed by 4.55% on sustained growth expectations in gaming and metaverse engagement [3] - Tapestry increased by 4.34% supported by strong consumer discretionary flows and luxury retail optimism [3] - Intel advanced by 4.05% due to chip sector strength and AI-related tailwinds [3] - Alphabet A rose by 3.65% on steady ad revenue momentum and AI growth prospects [3] - Oracle increased by 3.28% following upbeat sentiment around its cloud and AI-driven enterprise services [3] - GameStop Corp climbed by 3.07% as retail interest in meme-related stocks remains elevated [3] - Snowflake edged higher by 2.76% with continued confidence in data and AI-related demand [3] - Snap increased by 2.66% on improving advertising sentiment [3] - Stellantis NV ticked up by 2.64% supported by global auto demand and EV outlook [3] - CrowdStrike Holdings advanced by 2.31% on strong cybersecurity sector momentum [3]
GME Stock vs. UPBD
Forbes· 2025-09-15 15:20
Group 1 - GameStop's stock surged 10% this week due to strong quarterly results that exceeded expectations, driven by increased demand for hardware and collectibles [2] - Upbound Group shows stronger revenue growth, better profitability, and a lower valuation compared to GameStop, suggesting it may be a more compelling investment opportunity [2] - GameStop operates 4,573 stores across multiple regions, while Upbound operates about 1,846 locations, providing lease-to-own options for household durable goods [3] Group 2 - Upbound's quarterly revenue growth was 7.5%, while GameStop's was -16.9%, indicating a significant performance gap [7] - Over the last 12 months, Upbound's revenue growth remained at 7.5%, compared to GameStop's -25.3%, further highlighting Upbound's stronger performance [7] - Upbound leads in profitability with a Last 12 Months' margin of 5.9% and a 3-year average of 5.1%, outperforming GameStop [7]
GameStop Stock is Moving Higher as its Free Cash Flow Grows Stronger
Yahoo Finance· 2025-09-14 13:30
Core Insights - GameStop's collectibles, including Pokémon trading cards, now represent over 25% of sales for the half-year results, an increase from 16.4% a year ago [1] - The company's Q2 sales exceeded analysts' expectations, with a revenue surprise of +18%, reaching $972.2 million, up from $798.3 million a year ago [2][5] - Despite closing 590 stores in 2024 and planning further closures, GameStop's sales rose over 21%, indicating efficiency in remaining stores [3][4] Financial Performance - GameStop reported a fiscal Q2 net revenue increase of +21.78% year-over-year, from $798.3 million to $972.2 million, despite having fewer stores open [5] - Free cash flow (FCF) grew significantly, reaching $113.3 million, up 73.8% year-over-year from $65.5 million [8] - The net operating FCF rose +29.6% year-over-year to $33.7 million, indicating improved cash generation from operations [9] Valuation Insights - GameStop's stock is considered undervalued, with a Sum-of-the-Parts (SOTP) assessment suggesting a value over $31 per share [6][12] - The company's stores could generate an estimated $135 million in FCF over the next 12 months, leading to a valuation of $8.32 billion for the stores alone [13] - Including net cash and Bitcoin holdings, the total SOTP value of GME stock is estimated at $31.02 per share, representing a +24.4% upside from its current price [17][18] Strategic Considerations - GameStop's management anticipates closing more stores in fiscal 2025, including divesting its French stores and selling its Canadian operations, which accounted for 4.7% of Q2 2024 sales [4] - The company maintains a significant cash position of $8.6944 billion, with net cash after accounting for convertible debt at $4.5335 billion [12] - GameStop's Bitcoin holdings remain unchanged at 4,710 BTC, valued at approximately $544.96 million, contributing to the overall valuation [14] Investment Opportunities - Selling short out-of-the-money (OTM) put options is suggested as a strategy to generate income while waiting for the stock to appreciate [19] - The potential for a +37.4% upside if GME reaches $31.00 is highlighted, along with an expected return of 5.73% over the next three months from short-put yields [21][22]
CEO Ryan Cohen Is Turning GameStop Around, But Does That Make the Stock a Buy?
The Motley Fool· 2025-09-13 08:09
Core Viewpoint - GameStop has successfully turned around its business under CEO Ryan Cohen, showcasing significant improvements in financial performance and cash generation despite challenges in the video gaming industry [1][10]. Financial Performance - GameStop reported a 22% increase in overall sales to $972.2 million in Q2, with adjusted net income rising to $138.3 million, or $0.25 per share, compared to $5.2 million, or $0.01 per share, in the previous year [6]. - Operating expenses decreased by 19% year over year to $218.8 million, reflecting the company's focus on cost reduction [3]. - The company generated $117.4 million in operating cash flow and $113.3 million in free cash flow during the quarter [7]. Market Dynamics - GameStop's game sales fell nearly 27% to $152.5 million, indicating ongoing pressures in the video gaming sector, although sales of consoles and accessories increased by 31% due to the release of the Nintendo Switch 2 [4][12]. - The collectibles market has become a significant growth area for GameStop, with collectibles revenue surging 63% in Q2 to $227.6 million [5][6]. Cash Position and Valuation - As of the end of Q2, GameStop had $8.7 billion in cash and $4.2 billion in debt, along with Bitcoin holdings valued at $528.6 million [8]. - The company's valuation is more reasonable now, trading at a forward price-to-earnings ratio of 34 times this year's single analyst estimate, with $5 billion in net cash and Bitcoin on its balance sheet, equating to over $11 per share [11]. Future Prospects - GameStop is well-positioned if the trading card market remains strong, and the recent console release may provide additional momentum heading into the holiday season [12]. - There are speculations regarding potential investments or acquisitions, such as the rumored acquisition of PSA, which could further enhance the company's growth strategy [13].
Wall Street’s Record Run Continues as Inflation Data Fuels Rate Cut Hopes
Stock Market News· 2025-09-11 21:07
Market Performance - U.S. equities experienced a robust rally on September 11, 2025, with all three major indices closing at record highs, driven by optimism over a potential Federal Reserve interest rate cut [1][2] - The S&P 500 rose 0.9% to approximately 6586 points, marking a 17.69% increase year-over-year [2] - The Dow Jones Industrial Average surged 1.3%, closing above 46,000 for the first time, adding over 500 points [2] - The Nasdaq Composite climbed 0.7%, achieving a new record high, influenced by mixed performances among technology stocks [2] Economic Indicators - The Consumer Price Index (CPI) report for August indicated a headline annual inflation of 2.9% and core inflation steady at 3.1%, with a monthly rise of 0.4% in headline CPI [3] - Initial jobless claims reached a near four-year high, signaling a softening labor market, which reinforced expectations for a Federal Reserve rate cut [3] - Treasury yields eased in response to the economic reports, as traders anticipated the Fed's first rate cut of the year [3] Upcoming Events - The Federal Reserve's meeting on September 17, 2025, is highly anticipated, with expectations for the first interest rate cut of the year [4] - Key economic data releases are scheduled, including the Michigan Consumer Sentiment report and Retail Sales, Industrial Production, and Housing Starts [5] Corporate News - Oracle (ORCL) shares fell 3.6% after a previous surge of nearly 36% due to excitement over AI-related contracts [6] - Tesla (TSLA) gained 6%, while Apple (AAPL) rose over 1%, and Microsoft (MSFT) and Alphabet (GOOGL) saw slight increases [7] - Warner Bros. Discovery (WBD) shares soared 29% following news of a potential takeover bid from Paramount Skydance [8] - Synopsys Inc. (SNPS) plummeted 35.8% after missing earnings estimates, while GameStop Corp. (GME) rose 3.3% after beating expectations [10] Earnings Announcements - Adobe Inc. (ADBE) is expected to report earnings with a forecasted EPS of $4.21, a 10.50% increase year-over-year [11] - Other companies reporting include RH and RF Industries, with RF Industries expected to show a significant 200% increase in EPS year-over-year [11]
GameStop Returns to Growth, Don't Expect Another Meme Spike
MarketBeat· 2025-09-11 16:14
Core Viewpoint - GameStop is showing signs of growth, but investors should be cautious as the stock is unlikely to experience past spikes due to the issuance of warrants and other market pressures [1][2][3]. Financial Performance - GameStop reported a revenue increase of 21.8% to $972.2 million, exceeding analyst expectations by 1800 basis points, driven by strong hardware and collectibles sales [4]. - The hardware segment grew by 31%, marking its first growth in three years, while collectibles surged by 63%, although collectibles only accounted for 25% of total business [5][6]. Market Dynamics - The company is set to issue warrants with a strike price of $32, representing 10% of the float, which could create a significant overhang in the market [2]. - Short interest in GameStop has risen to 15% of the float, indicating increased bearish sentiment among investors [3]. Cash Position and Valuation - GameStop's cash reserves have more than doubled since last year, exceeding $9 billion, which includes Bitcoin holdings [8]. - Despite a rise in assets and equity, the share count has increased by 41% year-over-year, offsetting equity gains and raising concerns about the company's future [9]. Institutional Interest - Institutional ownership stands at 30%, with bullish activity noted in 2025, which may provide support for the stock [10]. Price Action and Resistance Levels - Following the Q2 earnings release, GameStop's stock price increased by 5%, confirming support at the lower end of its trading range [11]. - Significant resistance levels are identified at $26.25 and $30, which may limit potential gains without substantial improvements in revenue and earnings [12].
X @CoinMarketCap
CoinMarketCap· 2025-09-11 13:04
🚨 CMC News: GameStop Reports Q2 Loss Despite $528M Bitcoin Holdings.https://t.co/ZC8pFL3yVW ...
Why GameStop Stock Topped the Market Today
Yahoo Finance· 2025-09-10 22:32
Core Viewpoint - GameStop reported strong second-quarter results, leading to a stock price increase of over 3%, outperforming the S&P 500 index's 0.3% rise [1] Financial Performance - GameStop's net sales for the quarter reached just over $972 million, marking a significant 22% increase compared to the same period last year [2] - The company's GAAP net income surged to over $138 million ($0.25 per share), a substantial rise from just over $5 million in the previous year [2][3] - The reported figures exceeded analyst expectations, which estimated revenue at $823 million and earnings at $0.16 per share [3] Cash Position and Assets - GameStop's cash, cash equivalents, and marketable securities more than doubled to $8.7 billion from $4.2 billion over the past year [4] - The company holds a significant amount of Bitcoin, valued at just under $529 million at the end of the quarter [4] Dividend Declaration - GameStop announced a special dividend in the form of warrants, granting one warrant for every ten shares held, allowing holders to purchase shares at $32 [5][6] - Shareholders of record as of October 3 will be eligible for the warrant dividend, which is expected to be distributed on October 7 [6]
GameStop added $4.5B to its cash pile almost entirely by selling debt (GME:NYSE)
Seeking Alpha· 2025-09-10 19:53
Core Insights - GameStop's stock, which is heavily shorted, increased by 4% on Wednesday [3] - The company reported an operating profit in Q2, marking a significant turnaround [3] - A notable highlight from the earnings report was the substantial cash reserves held by the company [3] Financial Performance - GameStop achieved an operating profit in the second quarter, indicating improved financial health [3] - The increase in stock price reflects positive market sentiment following the earnings report [3] Market Position - The heavily shorted nature of GameStop's stock suggests ongoing market speculation and interest [3] - The company's cash pile positions it favorably for potential investments or strategic initiatives [3]