GameStop (GME) stock forecast for 2024. Forecast tables and graphs.







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GameStop (GME) stock forecast for 2024

Updated: July 11, 2024 (22:16)

Sector: Consumer cyclical

The share price of GameStop Corp. (GME) now

What analysts predict: $8.38
52-week High/Low: $64.83 / $9.95

50/200 Day Moving Average: $23.76 / $16.61

This figure corresponds to the Average Price over the previous 50/200 days. For GameStop stocks, the 50-day moving average is the resistance level today.

For GameStop stocks, the 200-day moving average is the resistance level today.

Are you interested in GameStop Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the GameStop stock price in 2024. How much will one GameStop share be worth in 2024? Is it worth taking profit / loss on GME stock now or waiting? What are analysts' forecasts for GameStop stock?

We forecast GameStop stock performance using neural networks based on historical data on GME stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

GameStop Corp. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for GameStop analysts is $8.38. Today 200 Day Moving Average is the support level (16.61 $). 50 Day Moving Average is the resistance level (23.76 $).




Historical and forecast chart of GameStop Corp. stock

The chart below shows the historical price of GameStop stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the GME stock price can be found in the table below.


Sell or Buy GameStop (GME) stocks? Analytic Experts Forecasting...

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.

GameStop Corporation specializes in electronic games and entertainment software stores throughout the United States, Australia, Canada, and Europe. In addition, the company’s stores sell new and used play equipment and accessories.

Official site of the company

GameStop (GME) Forecast for 2024

Month Target Pes. Opt. Vol., %
Aug 22.50 20.74 27.83 25.46 %
Sep 25.00 22.75 27.39 16.97 %
Oct 22.45 17.93 27.50 34.78 %
Nov 20.09 17.08 24.07 29.05 %
Dec 17.98 15.17 19.60 22.57 %

GameStop information and performance

GameStop Address

625 WESTPORT PARKWAY, GRAPEVINE, TX, US

Market Capitalization: 11 184 855 000 $

Market capitalization of the GameStop Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of GME shares in the company outstanding by the market price of one share.

EBITDA: 35 400 000 $

EBITDA of GameStop is earnings before interest, income tax and depreciation of assets.

PE Ratio: 328.03

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.86

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.08

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.259
Quarterly Revenue Growth YOY: -0.287
Trailing PE: 328.03

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 36.76

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.512

Enterprise Value (EV) /Revenue

EV To EBITDA: 101.8

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 426218000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

GameStop price target for 2024 by month


Target values for the price of one GameStop share for Aug 2024.

The weighted average target price per GameStop share in Aug 2024 is: 22.50.
In Aug, the Positive dynamics for GameStop Corp. shares will prevail with possible monthly volatility of 25.465% volatility is expected.
Pessimistic target level: 20.74
Optimistic target level: 27.83

Target values for the price of one GameStop share for Sep 2024.

The weighted average target price per GameStop share in Sep 2024 is: 25.00.
In Sep, the Positive dynamics for GameStop Corp. shares will prevail with possible monthly volatility of 16.971% volatility is expected.
Pessimistic target level: 22.75
Optimistic target level: 27.39

Target values for the price of one GameStop share for Oct 2024.

The weighted average target price per GameStop share in Oct 2024 is: 22.45.
In Oct, the Negative dynamics for GameStop Corp. shares will prevail with possible monthly volatility of 34.776% volatility is expected.
Pessimistic target level: 17.93
Optimistic target level: 27.50

Target values for the price of one GameStop share for Nov 2024.

The weighted average target price per GameStop share in Nov 2024 is: 20.09.
In Nov, the Negative dynamics for GameStop Corp. shares will prevail with possible monthly volatility of 29.048% volatility is expected.
Pessimistic target level: 17.08
Optimistic target level: 24.07

Target values for the price of one GameStop share for Dec 2024.

The weighted average target price per GameStop share in Dec 2024 is: 17.98.
In Dec, the Negative dynamics for GameStop Corp. shares will prevail with possible monthly volatility of 22.569% volatility is expected.
Pessimistic target level: 15.17
Optimistic target level: 19.60



GameStop (GME) stock dividend

GameStop last paid dividends on 03/14/2019. The next scheduled payment will be on 06/26/2018. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.