GameStop Corporation with ticker code (GME) now have 2 analysts in total covering the stock. The consensus rating is pointing to ‘Underperform’. The target price High/Low ranges between 20 and 6.5 calculating the average target price we see $13.25. Given that the stocks previous close was at $19.93 this now indicates there is a potential downside of -33.5%. The 50 day MA is $20.36 and the 200 moving average now moves to $25.30. The total market capitalization for the company now stands at $5,789m. Find out more information at: https://www.gamestop.com
The potential market cap would be $3,849m based on the market consensus.
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. It also sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts, as well as engages in the digital asset wallet and NFT marketplace activities. The company operates stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and 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 magazine, a print and digital gaming publication. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.
The company is not paying dividends at this time.
