GameStop Corp. (GME) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

GameStop Corp. (GME) Stock Price, Quote & News - Stock Analysis? ›

Average Price Target

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 -55.36% change from the last price of $24.64.

Average Price Target

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 -55.36% change from the last price of $24.64.

As of 2024-06-22, the Intrinsic Value of GameStop Corp (GME) is 8.35 USD. This Gamestop valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 23.93 USD, the upside of GameStop Corp is -65.1%.

As of 2024-06-22, the Fair Value of GameStop Corp (GME) is 2.08 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 23.93 USD, the upside of GameStop Corp is -91.3%.

Key takeaways: GME's 2024 price prediction: Most analysts predict GameStop's stock to average around $13.77, with a high of $17.59 and a low of $9.95.

With falling revenues and no published turnaround plan, GameStop is not a good long-term investment currently. GME stock primarily rises and falls in response to social media activity by meme stock investors, which may continue to create short-term opportunities.

GameStop's stock jumped more than 37% in morning trading. The increase comes after a Reddit account linked to Keith Gill, better known as “Roaring Kitty,” shared a screenshot on Sunday evening that many speculate could be an image of the shares and call options Gill holds in GameStop.

What is the analyst price target? ›

A price target is a price at which an analyst believes a stock to be fairly valued relative to its projected and historical earnings. When an analyst raises their price target for a stock, they generally expect the stock price to rise.

About GameStop

GameStop has an average rating of 3 from 10615 reviews.

GameStop (GME) earnings time is at Sep 04, 2024, TBA Not Confirmed. What is GME EPS forecast? GME EPS forecast for the fiscal quarter 2024 (Q2) is -$0.09.

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%.

According to GameStop 's latest financial reports and stock price the company's current number of shares outstanding is 305,300,000. At the end of 2023 the company had 305,300,000 shares outstanding.

GameStop Market Cap

GameStop has a market cap or net worth of $10.20 billion as of June 21, 2024. Its market cap has increased by 30.23% in one year.

According to the latest long-term forecast, GameStop price will hit $30 by the end of 2024 and then $35 by the end of 2025. GameStop will rise to $50 within the year of 2026, $60 in 2028, $65 in 2029, $75 in 2030, $80 in 2032, $85 in 2033, $90 in 2034 and $95 in 2035.

What percentage of GameStop (GME) stock is held by retail investors? According to the latest TipRanks data, approximately 65.39% of GameStop (GME) stock is held by retail investors. Who owns the most shares of GameStop (GME)? Vanguard owns the most shares of GameStop (GME).

Below is a summary of GME long-term price prediction from 2024 to 2050 with GME price predicted to reach the highest point of $0.03659 in 2024 and $0.2149 in 2040. In the following years GME price prediction is made feasible by examining past price behavior, current events, and public opinion.