How Many Gme Stocks Are Shorted

GameStop MarketRank™ Forecast

Analyst Rating

Reduce

ane.00 Rating Score

Upside/​Downside

4.1% Upside

$xx.90 Price Target

Brusk Interest

Bearish

17.93% of Shares Sold Brusque

Sustainability

-i.03

Upright™ Ecology Score

Proj. Earnings Growth

Growing

From ($one.38) to ($0.75) Per Share

Overall MarketRank




MarketRank is calculated as an average of available category scores, with actress weight given to analysis and valuation.

0.75 out of 5 stars

Retail/Wholesale Sector

212th out of 212 stocks

Computer & Software Stores Industry

1st out of i stocks

GME stock logo

Almost GameStop (NYSE:GME) Stock

GameStop Corp. is a specialty retailer founded in 1999 and headquartered in Grapevine, Texas. The visitor was originally known every bit GSC Holdings Corp. merely later changed its proper name following its IPO. Originally a brand of then ascendant Babbages, Gamestop altered the manner video games were distributed and it is now the earth’south largest retailer of video games and video game accessories. The visitor went public in 2004 and operated 4,573 stores at the start of 2022. Brands nether the company umbrella include Gamestop, EB Games, and Micromania as well every bit 50 pop-culture-themed Zing Popular locations.

Gamestop Corp. provides video games and entertainment products through its global network of eastward-commerce properties and stores. The company sells new and pre-owned gaming platforms and accessories like controllers, headsets, retentivity cards, and gaming software also equally in-game products like digital currency, downloadable content, and games. The visitor also sells new and used memorabilia and collectibles. Genres include Idiot box, picture show, comic volume, and game characters as well equally many other items from popular culture. GameStop Corp. likewise operates Game Informer, a magazine and website dedicated to the gaming manufacture including reviews, updates, and new developments in technologies.

Game enthusiasts enjoy 2 primary benefits of using Gamestop. The first is access to the total range of games and gaming accessories. The second is the ability to sell or trade their old equipment and games for fair prices. All onetime equipment is refurbished to a like-new state before resale.

In 2021 Gamestop announced it was entering the world of cryptocurrency. The company revealed plans to build an NFT (non-fungible token) platform for listing, selling, and holding digital or digitized artwork and collectibles. The beta version launched in 2022 and has so far seen great success with an average daily volume exceeding $1 one thousand thousand. The NFT marketplace also featured Web3.0 games in which characters and in-game items are held forever on the blockchain. As of September 2022, the virtually successful retailer on the NFT marketplace was Gamestop Presents, a collaboration of cover fine art from Game Informer Mag. Sales at the fourth dimension were simply under 168 ETH or nigh $221,500.00.

GameStop began a slide in 2016 following a serial of bad investments that included a foray into the globe of mobile phones. The slide came to an end in belatedly 2021 when shareholders using the Reddit thread Wallstreet Bets orchestrated a short-squeeze and brought on the historic period of meme stocks.

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GME Stock News Headlines

MarketBeat: Week in Review 12/05 – 12/09 (GME)

The markets continue to have a lot to digest before there can exist a Santa Claus raly. Here are some of the top stories our analysts were covering this calendar week.

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Key Executives



  • Mr. Matthew Furlong

    (Age 42)


    Pres, CEO & Director


    Comp: $1.96M

  • Ms. Diana Saadeh-Jajeh


    Ms. Diana Saadeh-Jajeh

    (Age 52)


    Sr. VP & CFO


    Comp: $1.14M



  • Mr. James Anthony Bell

    (Age 54)


    Sr. Adviser


    Comp: $2.96M


  • Mr. Nir Patel

    Principal Operating Officer



  • Mr. Matt Francis

    Chief Engineering Officer



  • Ms. Angela Venuk

    VP & Acting CIO



  • Marking H. Robinson

    Gen. Counsel & Sec.



  • Mr. Joey Mooring

    Sr. Director of Corp. Communications



  • Mr. Marc Summey

    Sr. VP of Real Estate & Devel.



  • Mr. Robert A. Lloyd

    (Age threescore)


    Sr. Adviser


























GME Stock – Ofttimes Asked Questions

Should I buy or sell GameStop stock right at present?

2 Wall Street enquiry analysts have issued “purchase,” “hold,” and “sell” ratings for GameStop in the last twelve months. In that location are currently 2 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should “sell” GME shares.

View GME analyst ratings or view top-rated stocks.

What is GameStop’s stock cost forecast for 2023?

2 analysts have issued 12-month cost targets for GameStop’s shares. Their GME share price forecasts range from $5.30 to $36.fifty. On average, they predict the company’s stock price to reach $xx.ninety in the next year. This suggests a possible upside of four.1% from the stock’s current toll.

View analysts price targets for GME or view peak-rated stocks amidst Wall Street analysts.

How have GME shares performed in 2022?

GameStop’south stock was trading at $37.0975 at the beginning of the twelvemonth. Since and then, GME stock has decreased by 45.ix% and is now trading at $20.08.

View the best growth stocks for 2022 here.

When is GameStop’southward next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.

View our GME earnings forecast.

How were GameStop’s earnings last quarter?

GameStop Corp. (NYSE:GME) released its quarterly earnings results on Wednesday, December, 7th. The company reported ($0.31) EPS for the quarter, missing the consensus approximate of ($0.29) by $0.02. The company had acquirement of $one.19 billion for the quarter, compared to analyst estimates of $one.35 billion. GameStop had a negative cyberspace margin of 8.54% and a negative trailing twelve-month return on equity of 35.44%. The business organization’s quarterly acquirement was down 8.5% compared to the same quarter last year. During the same quarter in the previous twelvemonth, the visitor earned ($0.35) earnings per share.

When did GameStop’south stock carve up?

GameStop’s stock divide on the morning of Fri, July 22nd 2022. The four-ane separate was announced on Wednesday, July 6th 2022. The newly created shares were issued to shareholders later on the closing bong on Thursday, July 21st 2022. An investor that had 100 shares of stock prior to the divide would have 400 shares later on the split.

What is George Sherman’s approval rating every bit GameStop’s CEO?

342 employees have rated GameStop Chief Executive Officer George Sherman on Glassdoor.com. George Sherman has an blessing rating of 26% among the company’s employees. This puts George Sherman in the lesser 10% of approving ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of GameStop own?

What is GameStop’southward stock symbol?

GameStop trades on the New York Stock Substitution (NYSE) nether the ticker symbol “GME.”

Who are GameStop’s major shareholders?

GameStop’s stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (seven.93%), BlackRock Inc. (6.88%), State Street Corp (ii.28%), Citadel Advisors LLC (0.00%), Bank of New York Mellon Corp (0.72%) and Banking concern of New York Mellon Corp (0.72%). Insiders that own company stock include Alain Attal, Diana Saadeh-Jajeh, George Due east Sherman Jr, James A Bell, James Grube, Kurt James Wolf, Raul J Fernandez, Ryan Cohen and Steven R Koonin.

View institutional ownership trends.

How exercise I buy shares of GameStop?

Shares of GME stock can be purchased through any online brokerage business relationship. Pop online brokerages with access to the U.S. stock marketplace include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*Trade, Robinhood, Fidelity, and Charles Schwab.

Compare Summit Brokerages Hither.

What is GameStop’south stock price today?

One share of GME stock can currently be purchased for approximately $20.08.

How much money does GameStop make?

GameStop (NYSE:GME) has a market capitalization of $six.12 billion and generates $6.01 billion in revenue each yr. The company earns $-381,300,000.00 in net income (profit) each year or ($1.6750) on an earnings per share basis.

How many employees does GameStop have?

The company employs 12,000 workers across the earth.

How can I contact GameStop?

Source: https://www.marketbeat.com/stocks/NYSE/GME/

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