GME

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. GameStop stock has recovered in the short term, but with the share price still down about 52% over the past five years and the broader valuation checks sending a mixed signal, the market is still debating what the current price really implies about its future. Over the last five years, GameStop has delivered a decline of around 52%, which raises the question of whether the recent rebound is a reset toward fair value or just a pause in a longer reset. Sony's plan to end physical PlayStation discs and GameStop's response through a proposed eBay merger and push into collectibles can support a more diversified business model. However, the shift away from physical game sales may still weigh on how investors think about the stock's long term cash generation. GameStop currently scores 4 out of 6 on the valuation checks, which points to a mixed picture rather than a clear bargain or clear overvaluation. The issue now is whether GameStop's current valuation properly reflects both the risks from the move to digital gaming and the potential benefits of its efforts to reshape the business. Find out why GameStop's -2.1% return over the last year is lagging behind its peers. The P/E ratio is a useful cross check for GameStop because it ties the share price directly to the earnings the business is currently generating. GameStop trades at about 13.4x earnings, which is below both the Specialty Retail industry average of roughly 19.6x and a peer group average of about 26.2x. Despite the recent attention around Sony ending physical PlayStation discs and GameStop exploring an eBay merger, the stock still trades at a discount to these benchmarks. That gap indicates the market is applying a lower earnings multiple to GameStop than to many other retailers, while weighing the risks of the shift to digital gaming against the potential benefits of its diversification efforts. On the P/E multiple alone, GameStop stock currently appears inexpensive compared with both its industry and peer averages. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives take the valuation puzzle around GameStop and turn it into clear, testable stories about what would need to happen to future growth, margins and e...

GameStop (GME) expects fiscal 2026 adjusted EBITDA in excess of $600 million, the company said late

GameStop said Friday it remains committed to acquiring eBay despite the e-commerce company's rejection of its unsolicited takeover offer, while also projecting a strong earnings year. Adjusted EBITDA for fiscal year 2026, which closes Jan. 30, 2027, is projected to surpass $600 million — a significant jump from the $345.4 million GameStop posted in fiscal year 2025. GameStop stock rose more than 2% in after-hours trading. Friday's short regulatory filing reiterated the company's commitment to pursuing the eBay deal, noting that further documentation related to the proposed transaction will be released in the coming days. Beyond affirming its intent, GameStop offered no explanation of how it plans to move the deal forward, Reuters reported. GameStop had previously said it planned to release a detailed presentation this week laying out the strategic rationale and operational plan for combining the two businesses. GameStop CEO Ryan Cohen put forward a non-binding proposal in May to buy all of eBay's outstanding shares at $125 apiece, split evenly between cash and GameStop stock, placing eBay's equity value at roughly $55.5 billion. Cohen pointed to approximately $9.4 billion in GameStop's cash reserves and up to $20 billion in debt backed by a commitment letter from TD Securities to fund the deal. He said he envisioned leading the merged company as chief executive while forgoing salary and cash bonuses. Calling the proposal "neither credible nor attractive," eBay's board turned it down, raising objections that included questions about how the deal would be financed, how the combined company would be run, and the structure of Cohen's compensation. GameStop, with a market value of roughly $10 billion, is attempting to acquire a company approximately five times its size, a gap that has drawn skepticism from investors and analysts about where the remaining funding would come from. A January bonus arrangement worth up to $35 billion — contingent on hitting milestones that included pushing GameStop's market capitalization to $100 billion — was scrapped at Cohen's request earlier this week. GameStop said at the time that when its board approved the pay plan, the company had not yet decided to pursue eBay. Separately, remarks Cohen made during a podcast appearance suggested he may personally inject $500 million into the deal, though that figure would address only a fra...

GRAPEVINE, Texas, June 26, 2026--(BUSINESS WIRE)--GameStop Corp. (NYSE: GME) ("GameStop" or the "Company") today announced that, for the fiscal year ending January 30, 2027 ("fiscal year 2026"), the Company currently expects to generate Adjusted EBITDA in excess of $600 million, compared to Adjusted EBITDA of $345.4 million in fiscal year 2025. GameStop's leadership team remains focused on advancing the proposed acquisition of eBay, Inc. ("eBay"). Additional materials regarding the proposed transaction are forthcoming. A Current Report on Form 8-K furnishing the Company's fiscal year 2026 outlook has been filed with the Securities and Exchange Commission and is available at www.sec.gov and on the Company's investor relations website at investor.gamestop.com. NON-GAAP MEASURES AND OTHER METRICS As a supplement to the Company’s financial results presented in accordance with U.S. generally accepted accounting principles ("GAAP"), GameStop may use certain non-GAAP measures, including adjusted EBITDA. Adjusted EBITDA is a supplemental financial measure of the Company’s performance that is not required by, or presented in accordance with, GAAP. We believe that the presentation of this non-GAAP financial measure provides useful information to investors in assessing our core operating performance, financial condition and results of operations. We define adjusted EBITDA as net income before income taxes, plus interest income, net and depreciation and amortization, excluding stock-based compensation, certain transformation costs (including severance and other costs), business divestitures, asset impairments, gain (loss) on digital assets and related receivables, unrealized gain (loss) on derivative assets, and other non-cash charges. Net income is the GAAP financial measure most directly comparable to adjusted EBITDA. Our non-GAAP financial measures should not be considered as an alternative to the most directly comparable GAAP financial measure. Furthermore, non-GAAP financial measures have limitations as an analytical tool because they exclude some but not all items that affect the most directly comparable GAAP financial measures. Some of these limitations include: certain items excluded from adjusted EBITDA are significant components in understanding and assessing a company’s financial performance, such as a company’s cost of capital and tax structure, results of o...

Dave & Buster's Q1 earnings and revenue both missed Street expectations. CEO Tarun Lal said Dave & Buster’s started Q1 strongly but was hurt by high gas prices, geopolitical uncertainty, and weaker consumer sentiment. Retail sentiment turned ‘bearish’ on Stocktwits after Q1 results. Dave & Buster's Entertainment (PLAY) stock slumped 11% overnight after a weaker-than-expected start to fiscal 2026, with company leadership acknowledging that first-quarter (Q1) performance fell short of both internal forecasts and investor expectations as economic pressures affected customer spending. The restaurant and entertainment company’s Q1 revenue of $559.2 million and adjusted earnings of $0.22 per share both missed the analysts’ consensus estimates of $578.38 million and $0.66 per share, respectively, according to Fiscal AI data. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Speaking during the Q1 earnings call, Dave & Buster's Entertainment CEO Tarun Lal said the business entered the quarter on a solid footing before facing mounting challenges later in the period. “Of the macro backdrop, elevated gas prices, geopolitical uncertainty and a meaningful softness in consumer sentiment. They all were a real headwind in April.” These conditions created headwinds for discretionary spending, affecting visits and overall sales trends at the entertainment and dining chain. Dave & Buster’s posted a 5.4% drop in comparable-store sales during Q1. Lal said management reviewed the effectiveness of the company’s promotional efforts. “We found that our dollar per day messaging did not resonate as strongly as we hoped. And since then, we have pivoted to more compelling promotions, which are resonating with customers,” said Lal. The initiative was designed to appeal to budget-conscious families, but the strategy did not generate the expected traffic, prompting the company to revise its promotional approach. While food and beverage sales remained resilient and continued to improve, the company's arcade and gaming operations, which typically yield higher profit margins, saw weaker demand. As a result, the entertainment segment accounted for a smaller share of overall revenue, placing additional pressure on earnings. Dave & Buster's Entertainment stock traded over 11% lower, ahead of Tuesday. On Stocktwits, r...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Target’s World Cup-timed pop-ups to Tuft & Needle raising prices, here’s our closeout for the week. Target kicks off soccer experience Target is hosting an interactive soccer experience at stores in four cities across the U.S. between June and July. The experience locations are in Los Angeles, Houston, Atlanta, and Clifton, New Jersey. The pop-up style experience features a custom display in the store parking lots – inclusive of a player walk out tunnel — with booths for different brands, giveaway bags and more. The experience lines up with the FIFA World Cup, which starts this month in the U.S. While three of the four locations are major U.S. cities, the Clifton, New Jersey, selection may be an unfamiliar spot to some. But the New Jersey town has a diverse makeup both geographically and demographically, which could be a strategic choice when celebrating a globally loved sport. Clifton is crossed by several major highways and has a population of around 90,000, serving as a commuter town to New York City. The town’s population is nearly 40% Hispanic or Latino, based on U.S. Census Bureau data, with a majority of residents speaking a language other than English at home. Several matches in the FIFA World Cup 2026 event are taking place at the MetLife Stadium in New Jersey. As parking is not allowed at the stadium for this event, public transport options include an official shuttle route with one of the stops also in Clifton, New Jersey. Tuft & Needle raises prices Tuft & Needle on Wednesday raised prices on its mattresses, according to an email the brand sent to customers. “We outsmarted math as long as we could,” the company wrote in its email. “We’ve kept our prices steady while things behind the scenes have gotten more expensive. But stretching any more would mean compromising quality — and that’s a route we’ll never take.” In an effort to “balance things out,” the brand has relaunched its T&N Original Mattress — Legacy Edition, priced at $699 for a queen. Tuft & Needle was snapped up by mattress conglomerate Serta Simmons in 2018. S...

Meme stocks have been relatively quiet in 2026. The wild Reddit-fueled rallies of 2021 feel like ancient history. But GameStop (GME) never fully faded away. Over the last few months, the company has quietly rebuilt itself. It cut costs, leaned into higher-margin collectibles, and hoarded billions in cash. Then it dropped a bombshell. GameStop reported the highest net income and operating income in its entire history. The big news hit this week when GameStop delivered a quarter for the ages. Net income came in at $389.6 million. Operating income hit $143.3 million. Both were all-time records. Investors did not hold back. Volume spiked to three times the daily average and the stock surged 9% in a single session. This wasn’t a short-squeeze mirage. Real profits powered the move. The milestone gives the company immense credibility and proves that the relentless cost-cutting and pivot toward higher-margin categories are working. Has Micron Stock Peaked Here? Its Future Valuation Metric May Surprise the Market Honeywell Stock Is Likely to Reward Shareholders Following Quantinuum IPO, Split Michael Burry Takes Aim at Palantir Stock Again, But He’s Missing the Bigger Picture Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The stock exploded higher, and suddenly the old meme flame flickered again. This time, though, the numbers actually backed up the excitement. GameStop is no longer just a mall-based video game retailer. It now operates a lean omnichannel platform that sells hardware, software, collectibles, and digital goods while holding a fortress-like balance sheet. The GameStop stock’s journey tells a turnaround story. Year-to-date, shares have climbed roughly 11% after getting crushed in 2025. The rally pushed the price slightly above the 50-day moving average of $23.29 and the 200-day line $23.18. Both moving averages are now sloping higher, a classic bullish signal. The valuation picture is less extreme than the stock’s price action suggests. GameStop's market cap is about $10 billion and its price/book ratio is 1.72x, much lower than the double digits it has hit during volatile periods. GameStop's price-to-earnings-to-growth ratio sits around 0.30x, showing that the stock is trading at a discount relative to its potential long-term growth. GameStop’s fiscal first quarter showed a...

GameStop Corp. (NYSE:GME) is one of the 10 Stocks With Remarkable Resilience. GameStop grew its share prices by 6.02 percent on Wednesday to close at $22.18 apiece, as investors took heart from its stellar earnings performance in the first quarter of fiscal year 2026. In a statement, GameStop Corp. (NYSE:GME) said that it grew its net income during the period by 770 percent to $389.6 million from only $44.8 million in the same period last year, and its highest quarterly net income in history. Photo by Mizuno K on Pexels Net sales surged by 14 percent to $835.3 million from $732.4 million year-on-year, driven by collectibles. In line with the results, GameStop Corp. (NYSE:GME) announced plans to repurchase $2 billion worth of its shares over the next three years, replacing the prior authorization from March 2019. The new buyback program is expected to take place from time to time until June 2, 2029. Companies typically conduct buyback programs when they deem their share prices undervalued relative to their intrinsic value, while also signaling confidence for its business, and boosting shareholder value. In other news, GameStop Corp. (NYSE:GME) hinted at plans to diversify into the online marketplace business following its proposed acquisition of eBay Inc. at a price of $125 per share. The latter, however, rejected the bid, saying that it was “neither credible nor attractive.” While we acknowledge the potential of GME as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

Yahoo Finance's Julie Hyman takes a closer look at two of Wednesday's trending stories. GameStop (GME) reported first quarter earnings, posting its highest profit ever and growing revenue. IREN (IREN) stock is in focus after the company signed a deal to support an artificial intelligence (AI) data center campus in Australia.

June S&P 500 E-Mini futures (ESM26) are trending down -0.05% this morning as oil prices and bond yields climbed after the U.S. and Iran exchanged heavy fire in the Persian Gulf. The price of WTI crude climbed over +2% on Wednesday amid skepticism over the prospects of a U.S.-Iran peace deal and as renewed fighting erupted in the Middle East. The U.S. Central Command said in a post on X that American forces successfully intercepted Iranian ballistic missiles and drones, and conducted self-defense strikes on Qeshm Island in response to attempted attacks by Iran across the Middle East. Iran’s attacks followed a U.S. strike on an empty oil tanker that the U.S. said was attempting to breach its blockade. Meanwhile, the Trump administration said the ceasefire between the U.S. and Iran remains in place. Investors Bearish on Oracle Ahead of Earnings - Unusually Heavy ORCL Put Options Trading Salesforce vs. ServiceNow: 1 AI Giant Is Leaving the Other Behind Microsoft Stock Is Up Nearly 30% From Its March Lows, But You Shouldn’t Sell MSFT Just Yet Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Treasuries fell across the curve as higher oil prices fueled worries about inflationary pressures, with the benchmark 10-year yield rising four basis points to 4.49%. “Market pessimism once again grows over the prospects of a U.S.-Iran deal that could pave the way for a reopening of the Strait of Hormuz,” according to Saxo Bank analysts. Still, “for now, the risk premium continues to be partly offset by President Trump’s repeated insistence that an interim agreement remains within reach.” The Organisation for Economic Co-operation and Development said on Wednesday that the global economy is poised for a marked slowdown this year as higher energy costs weigh on consumer spending and business investment, but it could worsen significantly if the Middle East conflict extends into 2027. Investors are now awaiting a fresh batch of U.S. economic data, with particular attention on the ADP employment report, and an earnings report from semiconductor giant Broadcom. In yesterday’s trading session, Wall Street’s major indexes ended in the green, with the S&P 500, Dow, and Nasdaq 100 posting new record highs. Hewlett Packard Enterprise (HPE) surged over +19% and was the top percentage gai...

Investors highlighted the company’s sizeable cash in hand as a key strength going forward; the company ended the first quarter with $9.7 billion in cash, cash equivalents, and marketable securities. GameStop reported a revenue of $835.3 million, well above Wall Street’s forecast of $766.64 million, according to Fiscal.ai data. The video game retailer announced a $2 billion share repurchase program, which will run through June 2029. Shares of GameStop Corp. (GME), which had been recently hovering around 4-month lows, surged 10% in pre-market trading on Wednesday, as stronger-than-expected first-quarter results and a newly announced $2 billion share buyback reignited investor enthusiasm for the meme-stock favorite. On Tuesday, GameStop reported a revenue of $835.3 million, well above Wall Street’s forecast of $766.64 million, according to Fiscal.ai data. Its adjusted earnings of $0.30 per share in the first quarter (Q1) were nearly double the consensus estimates of $0.16 per share. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Simultaneously, the video game retailer announced a $2 billion share repurchase program, which will run through June 2029 and replace the company’s existing repurchase program. The company ended the first quarter with $9.7 billion in cash, cash equivalents, marketable securities, digital assets, related receivables, and collateral pledged for derivative assets. Retail sentiment surrounding GME flipped to ‘bullish’ from ‘bearish’ a day earlier, while message volumes surged 180% over a 24-hour period. GME was also among the top trending tickers on the platform. After spending much of the year rangebound between roughly $20.2 and $26.9, the stock is now drawing renewed investor optimism that the latest earnings beat and buyback could spark a breakout. One user argued that the stock could rally to $40 following the latest announcements, citing the company’s sizable cash reserves as a key strength. Another user said the buyback should result in the stock’s price rising above $32. The results come as GameStop continues to pursue its proposed acquisition of eBay after the e-commerce giant rejected its unsolicited $56 billion offer last month. eBay, which is significantly larger than GameStop, dismissed the offer as “neither credible nor attractive.” A recent fil...

GameStop reported a sharp improvement in first-quarter (Q1) earnings and operating performance, supported by continued growth in its collectibles business, which helped drive a 14% increase in net sales for the quarter ended 2 May 2026. For the period, the US video game retailer reported net sales of $835.3m, compared with $732.4m in the same period a year earlier. Net income climbed to $389.6m from $44.8m, boosted in part by an unrealised gain on a derivative asset of $268.4m, reflecting put and call option transactions linked to eBay common stock. The company also recorded a gain on digital assets and related receivables of $1.1m and other income of $9.9m, against income tax expense of $116.8m. Selling, general and administrative expenses fell to $201.6m from $228.1m, contributing to operating income of $143.3m against an operating loss of $10.8m a year earlier. On an adjusted basis, operating income was $140.5m versus $27.5m in Q1 FY25, and adjusted net income reached $179.3m, compared with $73.1m in the prior-year period. Basic earnings per share rose to $0.87 from $0.10 while diluted earnings per share increased to $0.66 from $0.09. Geographically, the US was the dominant contributor, generating net sales of $651.1m and operating income of $144.6m. Australia produced net sales of $99.6m and broke even at the operating level while Europe reported net sales of $84.6m and an operating loss of $1.3m. On 2 June 2026, GameStop's board unanimously approved a new discretionary share repurchase authorisation of $2bn, effective through 2 June 2029, replacing an earlier authorisation dating to March 2019. The results arrive against the backdrop of a failed takeover attempt. The previous month, GameStop submitted an unsolicited, non-binding proposal to acquire eBay in a cash-and-stock transaction valued at approximately $55.5bn, at an offer price of $125 per share. eBay's board subsequently rejected the approach, characterising it as "neither credible nor attractive". In a letter addressed to GameStop chief executive Ryan Cohen, eBay chairman Paul S Pressler confirmed the board had completed a thorough review with independent financial and legal advisers before arriving at its decision. "GameStop posts higher first-quarter sales and earnings" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has b...