What is GameStop really worth?
What Is GameStop Really Worth?
- State of play. In all the recent market mania, it might be easy to forget that there’s an actual company at the center of the frenzy.
- A ‘surreal’ time for Robinhood. ...
- Seen and heard. ...
- The week ahead. ...
- ‘That is how the game is played’. ...
Should you Buy GameStop stock?
Ranging from #1 (Strong Buy ... with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. GameStop is currently sporting a Zacks Rank of #3 (Hold). Investors should also ...
Why did the price of GameStop stocks jump so suddenly?
The company’s stock price has soared this year on rising enthusiasm over GameStop Chairman Ryan Cohen’s reputation and his efforts to orient the company toward e-commerce.
Is GameStop overvalued?
Its e-commerce and brick-and-mortar businesses are rebounding. However, GME stock is too pricey. Although Gamestop (NYSE: GME) stock remains greatly overvalued, the company’s fourth-quarter results showed that it’s making progress on important fronts.
What was GameStop's highest market cap?
Historical Market Cap DataDateValueMarch 28, 202214.47BMarch 25, 202211.60BMarch 24, 202210.87BMarch 23, 202210.76B21 more rows
Is GameStop stock worth buying?
GameStop Corp. (NYSE:GME) delivered a -36.52% return since the beginning of the year, while its 12-month returns are down by -48.17%. The stock closed at $94.20 per share on March 21, 2022.
How is GameStop stock still high?
The Ape Buzz Continues. Since GameStop investors kicked off the meme stock frenzy in early 2021, share prices have remained sky high. That's because the GameStop "apes" — as members of meme stocks' cult-like followings are called — are stubbornly holding onto the stock.
Is GameStop stock overpriced?
GameStop's stock is substantially overvalued at current trading levels based on any reasonable assessment of business value.
How much will $1000 be worth in 20 years?
After 10 years of adding the inflation-adjusted $1,000 a year, our hypothetical investor would have accumulated $16,187. Not enough to knock anybody's socks off. But after 20 years of this, the account would be worth $118,874.
What to invest $1000 in right now?
Here are four of the best options for how to invest $1,000.Invest for retirement — or double your money with a 401(k) You read that right: If your 401(k) offers matching dollars, that $1,000 could very quickly turn into $2,000. ... Consider exchange-traded funds. ... Use a robo-advisor. ... Trade for free.
How high can GME short squeeze?
A short squeeze is vigorous and can spike with no warning. This is where you see 100% gains in a matter of seconds and minutes. A short squeeze can even reach 1000% and 10,000% gains.
Can GME reach 1000?
So, can GME stock reach $1,000 per share. It's certainly a possibility given that GameStop's dark pool trading percentage is rather high, according to Stonk-O-Tracker data. Dark pool trading in GameStop has ranged between 30%-50%. This means 30%-50% of short selling has occurred behind closed doors.
How much is GameStop shorted?
GameStop continues to be a strongly shorted stock, with short interest levels exceeding 20% of its rather modest float of 63 million shares – AMC, for example, has a float of 513 million units.
How much will GameStop be worth?
GameStop net worth as of May 27, 2022 is $10.47B.
Is GameStop stock predicted to go up?
The 3 analysts offering 12-month price forecasts for GameStop Corp have a median target of 110.00, with a high estimate of 121.40 and a low estimate of 30.00.
What will GME be worth?
Its baseline GameStop share price forecast pointed to an average closing price of $178.860 on 11 April 2022. Meanwhile, for December 2022 this same service expected that the price could rise to $209.41. It further estimated the GME stock could move up to $271.07 by the end of December 2023 and close 2025 at $394.07.
Is GameStop stock a Buy, Sell or Hold?
GameStop stock has received a consensus rating of sell. The average rating score is and is based on 2 buy ratings, 1 hold ratings, and 9 sell ratings.
What was the 52-week low for GameStop stock?
The low in the last 52 weeks of GameStop stock was 77.59. According to the current price, GameStop is 176.84% away from the 52-week low.
What was the 52-week high for GameStop stock?
The high in the last 52 weeks of GameStop stock was 344.65. According to the current price, GameStop is 39.81% away from the 52-week high.
What are analysts forecasts for GameStop stock?
The 12 analysts offering price forecasts for GameStop have a median target of 20.79, with a high estimate of 50.00 and a low estimate of 3.50. The...
Is GameStop a buy right now?
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently...
When is GameStop's next earnings date?
GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, June 1st 2022. View our earnings forecast for GameStop .
How can I listen to GameStop's earnings call?
GameStop will be holding an earnings conference call on Wednesday, June 1st at 5:00 PM Eastern. Interested parties can register for or listen to th...
How were GameStop's earnings last quarter?
GameStop Corp. (NYSE:GME) announced its earnings results on Thursday, March, 17th. The company reported ($1.86) EPS for the quarter, missing the co...
What price target have analysts set for GME?
2 analysts have issued 1-year price objectives for GameStop's stock. Their forecasts range from $30.00 to $146.00. On average, they anticipate Game...
Who are GameStop's key executives?
GameStop's management team includes the following people: Mr. James Anthony Bell , Sr. Adviser (Age 54, Pay $895.52k) Mr. Matthew Furlong , Pre...
What is George Sherman's approval rating as GameStop's CEO?
342 employees have rated GameStop CEO George Sherman on Glassdoor.com . George Sherman has an approval rating of 26% among GameStop's employees. T...
Who are some of GameStop's key competitors?
Some companies that are related to GameStop include Compass Group (CMPGY) , MercadoLibre (MELI) , AutoZone (AZO) , Chipotle Mexican Grill (CMG)...
What other stocks do shareholders of GameStop own?
Based on aggregate information from My MarketBeat watchlists, some companies that other GameStop investors own include General Electric (GE) , AT...
About GameStop
Headlines
GameStop Corp. engages in the retail of multichannel video games, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, and Europe.
GameStop (NYSE:GME) Frequently Asked Questions
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