GameStop is successfully pivoting to trading cards, a high-margin, secular growth business, with strong execution and growing collectibles revenue. The company's solid balance sheet, with significant net cash and GAAP profitability, provides stability and time for its business model transition. Valuation is attractive, especially considering the collectibles segment's growth and margin profile, supporting my $34/share value estimate.
Meme stock – GameStop (NYSE:GME) – is set to announce its earnings on Tuesday, Sep 9, 2025. Historically, GameStop's stock has shown considerable volatility on the day after its earnings announcements.
GameStop (GME) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
GameStop's strong cash reserves and low leverage provide downside protection and flexibility for strategic growth, supporting my Buy rating with a $30 price target. Management is effectively pivoting from declining legacy retail to high-margin trading cards and collectibles, highlighted by a key PSA partnership and robust segment growth. Despite a premium P/E, GameStop's turnaround is evident in surging profitability and working capital, with continued cost cuts and a successful rebranding underway.
GameStop (GME) closed at $22.82 in the latest trading session, marking a -1.25% move from the prior day.
GME's core business is shrinking and management shows little interest in revitalizing it, focusing instead on raising cash and new ventures. I expect a significant investment or acquisition announcement soon. Rising short interest and poor sentiment set the stage for a potential short squeeze, making GME attractive for speculative positioning.
In the latest trading session, GameStop (GME) closed at $22.93, marking a +2.32% move from the previous day.
GameStop (GME) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the closing of the recent trading day, GameStop (GME) stood at $22.63, denoting a +2.4% move from the preceding trading day.
GameStop (GME) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
GameStop (GME) reached $22.55 at the closing of the latest trading day, reflecting a -1.87% change compared to its last close.
In the closing of the recent trading day, GameStop (GME) stood at $23.96, denoting a -1.24% move from the preceding trading day.