What Makes GameStop (GME) a New Strong Buy Stock
GameStop (GME) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is GameStop (GME) Stock Outpacing Its Consumer Discretionary Peers This Year?
Here is how GameStop (GME) and Cinemark Holdings (CNK) have performed compared to their sector so far this year.
GameStop has ‘virtually no chance' of returning to profitability in its core business, says Wedbush
GameStop Corp. shares jumped following the video game retailer's third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company's core business is unlikely.
GameStop Stages Impressive Run After Earnings. Meme Stocks Haven't Vanished.
It raises the question of whether Chewy and maybe even DJT are poised for another turn in the spotlight.
GameStop Faces Declining Sales and Digital Transition Challenges
GameStop, once a dominant force in the gaming retail industry, is facing some challenges as it adjusts to the rise of digital distribution and changing consumer behavior. The company's third-quarter financial results released Tuesday (Dec. 10) revealed a mixed picture as GameStop's net sales sank 20.2% to $0.
GameStop stock pops after posting surprise Q3 profit
GameStop (GME) is capturing market attention after delivering a surprising third quarter profit, despite experiencing a 20% year-over-year decline in sales. The company's strategic cost-cutting measures and operational initiatives were instrumental in achieving this unexpected financial performance.
GameStop Q3 Earnings Beat Despite Sales Decline of 20% Y/Y
GME's fiscal third-quarter sales decline Y/Y, due to decreases across all major categories, including hardware & accessories, software and collectibles.
GameStop Stock Rallies on Surprise Quarterly Profit
Former "meme stock" GameStop Corp (NYSE:GME) is brushing off a third-quarter revenue miss this morning, after the video game retailer also shared a surprise profit.
Citi forecasts robust sales for GTA VI: could it be a meaningful boost for GameStop?
Citi analyst Jason Bazinet forecasts strong sales for GTA VI upon its release in 2025. He even expects the blockbuster title that's been under development for 10 years to drive Take-Two Interactive Inc (NASDAQ: TTWO) stock price to $225 next year that translates to about a 20% upside from current levels.
GameStop Turns a Profit: So What? It's Still Not Worth Investing
GameStop NYSE: GME shares edged higher following its Q3 release, but so what? The report included a surprise profit, but the underlying cause and business metrics align with the trend.
GameStop Deserves To Fall More, Even After Signs Of Progress
GameStop's Q3 2024 earnings exceeded expectations, but revenue declined by 20.2%, highlighting ongoing challenges in the hardware and software segments. Despite a 29.4% stock increase since September, long-term performance remains poor, with shares down 69% since January 2021. Improved gross profit margins and interest income boosted net profits, but EBITDA continues to decline, indicating core operational struggles.
GameStop Swings to a Profit Despite Revenue Dip
GameStop (GME) swung to a profit in the third quarter, even as revenue fell year-over-year. Shares surged in extended trading Tuesday on the news.
