FMP
GameStop Corp.
GME
NYSE
GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising licensed merchandise primarily related to the gaming, television, and movie industries, as well as pop culture themes. As of January 29, 2022, the company operated 4,573 stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and 50 pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new releases, previews of the big titles on the horizon, and coverage of the latest developments in the gaming industry. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.
23.38 USD
-0.12 (-0.513%)
Latest GME News
Davit Kirakosyan
Dec 11, 2024
GameStop's Q3 Earnings Beat Expectations, Stock Gains 8%
GameStop (NYSE:GME) delivered mixed third-quarter results, with stronger-than-expected earnings offset by a significant revenue shortfall. The news led to an 8% surge in the company’s stock intra-day today. For the quarter, the video game retailer reported adjusted earnings per share of $0.06, defying analysts’ projections of a $0.05 loss. However, revenue fell to $860.3 million, missing the $919.9 million estimate and marking a sharp 20.2% drop compared to $1.08 billion in the same period last ...
Alex Lavoie
Dec 10, 2024
GameStop Corp. (NYSE:GME) Surpasses Earnings Expectations
GameStop Corp. (NYSE:GME) is a well-known video game retailer that has been in the spotlight for its financial performance and stock market activity. The company operates in the retail sector, selling video games, consoles, and related merchandise. GameStop competes with other retailers like Best Buy and Walmart in the gaming segment. On December 10, 2024, GameStop reported earnings per share (EPS) of $0.06, surpassing the expected loss of $0.03. This unexpected profit marks a significant turn...
Davit Kirakosyan
Sep 11, 2024
GameStop Shares Drop Over 13% Following Plans to Issue New Stock Amid Revenue Decline
GameStop (NYSE:GME) experienced a significant drop in its stock price, plunging over 13% intra-day today after announcing plans to issue additional shares, despite reporting a decline in revenue for its second fiscal quarter. The retailer, which became a symbol of the "meme-stock" phenomenon in early 2021, revealed it will issue up to 20 million new shares to raise capital for general corporate needs, including possible acquisitions and investments aligned with its strategy. For Q2, GameStop pos...
Andrew Wynn
Sep 10, 2024
GameStop Corp. (NYSE:GME) Surpasses Earnings Expectations but Misses on Revenue
GameStop Corp. (NYSE:GME) recently reported its financial results for the second quarter, revealing an unexpected earnings per share (EPS) of $0.01, which surpassed the anticipated loss of -$0.085. This performance indicates a significant turnaround from the previous year's loss of $0.03 per share, showcasing a positive shift in the company's financial health. The reported earnings represent a substantial 200% earnings surprise compared to expectations, marking a notable improvement from the pre...
Andrew Wynn
Sep 9, 2024
GameStop's Financial Outlook and Analyst Skepticism
On Monday, September 9, 2024, Michael Pachter from Wedbush set a price target of $11 for GameStop (NYSE:GME), which was significantly lower than its posting price of $24.59, indicating a potential decrease of approximately 55.26%. This analysis was shared in the context of GameStop's Q2 earnings preview, focusing on the company's return to profitability and investor expectations regarding its cash management strategies. GameStop, a retail company specializing in video games and entertainment pro...
Stuart Mooney
Sep 6, 2024
GameStop Corp. (NYSE:GME) Quarterly Earnings Report Preview
GameStop Corp. (NYSE:GME) is gearing up to unveil its quarterly earnings report on Tuesday, September 10, 2024, after the market closes, drawing significant attention from investors and analysts alike. The company, known for its chain of video game, consumer electronics, and gaming merchandise retail stores, has been at the center of the financial market's spotlight, especially after becoming a symbol of the meme stock phenomenon. Wall Street analysts have set the earnings per share (EPS) estima...
Zacks Investment Research
Aug 26, 2024
GameStop Corp. (GME) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching GameStop (GME) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
GuruFocus
Aug 23, 2024
Why Shorting GameStop Remains a High-Risk Bet
GameStop Corp. (GME, Financial), once emblematic of the retail sector's struggles, has executed a turnaround that defies conventional expectations. Guided by an unorthodox CEO and largest shareholder, the company now boasts a balance sheet fortified with cash and minimal debt.
Zacks Investment Research
Aug 19, 2024
GameStop (GME) Surpasses Market Returns: Some Facts Worth Knowing
In the most recent trading session, GameStop (GME) closed at $22.66, indicating a +1.16% shift from the previous trading day.
InvestorPlace
Aug 14, 2024
3 Meme Stocks to Sell Before They Slide Even Further
The markets went through a phase where it was easy to make money. With macroeconomic and geopolitical headwinds, we are now in a phase where stringent stock screening is needed.
