Market Capitalization: 7 303 780 000 $

EBITDA: -246 300 000 $

Price to Earnings: None

Quarterly Earnings Growth YOY: 2.689

Quarterly Revenue Growth YOY: -0.012

Trailing PE: -

Forward PE: 36.76

Shares Outstanding: 304578000

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GameStop Stock Buy or Sell? GME Stocks Analytic Forecasts

GameStop Stock Buy or Sell? GME Stocks Analytic Forecasts

April 1, 2023 (08:25)

GameStop Corp. (GME) Sector: Consumer cyclical

We present you the most up-to-date and complete review of analytical trend forecasts and views on the GME stock market. Experts share their opinions on what to expect from the GameStop Corp. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell GameStop stocks.

GameStop Corp. Stock Market Experts’ Analysis and Forecasting – Sell or Buy GME Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Daniel Jones and is titled

“GameStop: The Company Has Leveled Up”

is published on March 22 (2023) and has 0 likes. The review predicts Bearish market trend.

It summarize the following theses:

GameStop posted what can only be called a really solid quarter at a time when sentiments regarding the business were incredibly negative.
Cost-cutting initiatives are working and the firm is benefiting from strong industry demand on the hardware side.
Its collectibles business continues to expand and management hopes to make further improvements this year.
The prospects of the company in the long run are still bleak, but the firm has definitely leveled up from here.

The author starts his analytic review with the following:

March 21st was a fantastic day for shareholders of video game retailer GameStop (NYSE:GME). After announcing financial results that exceeded expectations on both the top and bottom lines for the final quarter of the company’s 2022 fiscal year, shares of the business roared higher, trading up around 45% in after-hours markets. This surge certainly serves as something of a reprieve for those who are long GME stock. In addition, the move demonstrates that management is making some progress in improving the operations of the company. In the long run, I still maintain that the prospects for the company look bleak. But the picture is now good enough for me to change my rating on the company from a ‘strong sell’ to a ‘sell’.

Proceed to the article

This author is very popular among the auditory. He has 26166 followers

Daniel Jones is the contributor of experts community since 2014 and has a great number of published articles – 3634.

One more noteworthy article is written by Trapping Value under the title

“GameStop: The Meme Is Back”

on March 21 (2023) and has 10 likes. The expert reflects trend of the market.

Нis theses make you think about whether to add GME stocks to your investment portfolio or not, and helps to work out your own GameStop stock selling strategies:

GameStop beat expectations for Q4 results on both top and bottom lines.
The cash booty expanded as well and the bulls came charging back in the after hours.
We look at what the company got right and where this is headed.

Trapping Value starts analysis with such words:

On our last coverage of GameStop Corp. (NYSE:GME) we identified the stock as the last meme play that still was standing. Amongst the carnage elsewhere GME still held a respectable market capitalization and also had suffered lower losses from its peak than many of other meme brethren. We felt that the time was nigh for the end and slapped another “Strong Sell” rating on the stock. Specifically we said,

Read the whole review

This author is very popular among the auditory. He has 37478 followers

Trapping Value is the contributor of experts community since 2017. Has published at least 1664 articles.

Another analysis presented by Josh Arnold came out on March 19 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for GME stocks. It sounds like

“Upgrading GameStop Ahead Of Q3 Earnings”

Article has got 0 likes at the moment and forecasting Neutral trend of the market.

Summarizing the information presented in the review concerning the GameStop Corp., the expert says the following:

GameStop is due to report earnings this week.
This company has huge long-term issues, but short term, the balance of risk and reward has shifted.
I’m upgrading GameStop from sell to hold ahead of the report.

And here, what comes first:

While earnings season is winding down for Q4, former short squeeze legend GameStop (NYSE:GME) is due to report on Tuesday. I’ve covered GameStop a handful of times, and most recently, we looked at the company’s Q3 earnings results back in December. At the time, I said there was no short squeeze coming, and I placed a strong sell on the name following my look at Q3 earnings results.

This author is very popular among the auditory. He has 22154 followers.

Josh Arnold is the contributor of experts community since 2012 and has at least 3332 analytic reviews published.

The Share Price of GameStop Corp. (GME) for now

What analysts predict: $13.25

52-week high/low: $49.85 / $15.41

50/200 Day Moving Average: $20.0 / $26.38

The average stock price over the previous 50/200 days. For GameStop stocks, the 50-day moving average is the resistance level for now. For GME stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for GME stock with charts and tables