GameStop Corp. (NYSE:GME – Free Report) – Wedbush boosted their FY2025 earnings per share (EPS) estimates for GameStop in a note issued to investors on Wednesday, December 11th. Wedbush analyst M. Pachter now forecasts that the company will post earnings of $0.08 per share for the year, up from their prior forecast of $0.01. Wedbush has a “Underperform” rating and a $10.00 price objective on the stock. The consensus estimate for GameStop’s current full-year earnings is $0.01 per share. Wedbush also issued estimates for GameStop’s Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.03 EPS, FY2026 earnings at $0.18 EPS and FY2027 earnings at $0.13 EPS.
Separately, StockNews.com upgraded GameStop to a “sell” rating in a research report on Saturday, October 19th.
GameStop Stock Performance
NYSE GME opened at $27.99 on Monday. The firm’s fifty day moving average price is $24.95 and its two-hundred day moving average price is $24.18. The stock has a market cap of $12.51 billion, a PE ratio of 155.51 and a beta of -0.11. GameStop has a fifty-two week low of $9.95 and a fifty-two week high of $64.83.
GameStop (NYSE:GME – Get Free Report) last announced its quarterly earnings results on Tuesday, December 10th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.09. The company had revenue of $860.30 million for the quarter, compared to analyst estimates of $887.68 million. GameStop had a net margin of 1.45% and a return on equity of 2.11%. GameStop’s revenue for the quarter was down 20.2% compared to the same quarter last year.
Insider Activity at GameStop
In other GameStop news, insider Daniel William Moore sold 2,624 shares of the company’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $21.00, for a total value of $55,104.00. Following the sale, the insider now owns 32,280 shares in the company, valued at approximately $677,880. The trade was a 7.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Mark Haymond Robinson sold 4,667 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $21.96, for a total value of $102,487.32. Following the transaction, the general counsel now owns 54,927 shares of the company’s stock, valued at $1,206,196.92. This trade represents a 7.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,639 shares of company stock worth $481,000 in the last quarter. 12.28% of the stock is owned by insiders.
Institutional Trading of GameStop
Institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. lifted its position in shares of GameStop by 535.8% in the 3rd quarter. UMB Bank n.a. now owns 1,138 shares of the company’s stock worth $26,000 after purchasing an additional 959 shares during the period. Centerpoint Advisors LLC acquired a new position in GameStop in the second quarter valued at $47,000. CWM LLC boosted its position in GameStop by 115.6% during the second quarter. CWM LLC now owns 2,660 shares of the company’s stock valued at $66,000 after acquiring an additional 1,426 shares during the last quarter. Quest Partners LLC grew its holdings in GameStop by 7,156.5% during the 2nd quarter. Quest Partners LLC now owns 6,168 shares of the company’s stock worth $152,000 after acquiring an additional 6,083 shares during the period. Finally, Centaurus Financial Inc. bought a new position in shares of GameStop in the 3rd quarter worth about $171,000. 29.21% of the stock is currently owned by institutional investors.
About GameStop
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.
Further Reading
- Five stocks we like better than GameStop
- Bank Stocks – Best Bank Stocks to Invest In
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Texas Instruments: The Old-School Tech Titan Still Delivering
Receive News & Ratings for GameStop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GameStop and related companies with MarketBeat.com's FREE daily email newsletter.