Key Highlights:
- GameStop Corp. (GME, Financial) is set to release its quarterly earnings, potentially shedding light on strategic initiatives.
- Analysts forecast a significant downside based on current price estimates and recommendations.
- GuruFocus projects a further decline in GF Value over the next year.
GameStop Corp. (NYSE: GME) is gearing up to unveil its latest quarterly earnings report after the market closes on Tuesday. This report is eagerly anticipated by investors as it promises new insights into the company's evolving retail strategy and digital transformation efforts.
Wall Street Analysts' Forecast
According to projections from a sole analyst, the one-year average target price for GameStop (GME, Financial) stands at $13.50. This singular forecast shows both a high and low estimate of $13.50, reflecting a potential downside of 55.04% from the current market price of $30.03. For an in-depth look at these predictions, visit our GameStop Corp (GME) Forecast page.
Currently, the average brokerage recommendation for GameStop is a solid "Sell", with an average score of 5.0 on a scale where 1 indicates a Strong Buy and 5 denotes a Sell, as confirmed by one brokerage firm. This suggests a bearish outlook among analysts, urging caution for potential investors.
GF Value Estimate
According to estimates from GuruFocus, the projected GF Value for GameStop (GME, Financial) one year from now is $9.51. This implies an additional downside of 68.33% from the current share price of $30.03. The GF Value serves as an indicator of the fair value of the stock, determined by its historical trading multiples, past business growth, and projected future performance. For a comprehensive analysis, visit the GameStop Corp (GME) Summary page.
