GameStop Corp (GME) Stock Price & News - Google Finance (2024)

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GameStop Corp (GME) Stock Price & News - Google Finance? ›

GME Stock 12 Month Forecast

Based on 1 Wall Street analysts offering 12 month price targets for GameStop in the last 3 months. The average price target is $10.00 with a high forecast of $10.00 and a low forecast of $10.00. The average price target represents a -50.02% change from the last price of $20.01.

GME Stock 12 Month Forecast

Based on 1 Wall Street analysts offering 12 month price targets for GameStop in the last 3 months. The average price target is $10.00 with a high forecast of $10.00 and a low forecast of $10.00. The average price target represents a -50.02% change from the last price of $20.01.

Based on 1 Wall Street analysts who have issued ratings for GameStop in the last 12 months, the stock has a consensus rating of "Strong Sell." Out of the 1 analysts, 1 has given a sell rating for GME.

As of 2024-09-21, the Fair Value of GameStop Corp (GME) is 2.53 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 21.85 USD, the upside of GameStop Corp is -88.4%.

By 2030, conservative expert forecasts suggest that GME's stock could potentially reach $31.47, reflecting significant long-term growth. Again, Coincodex is more bullish about GME's long-term prospects. According to its latest forecasts, GME stock could see a 1900x increase to reach a maximum valuation of $807.

As of February 2024, the company operates 4,169 stores including 2,915 in the United States, 203 in Canada, 404 in Australia and 647 in Europe under the GameStop, EB Games, EB Games Australia, Micromania-Zing, ThinkGeek and Zing Pop Culture brands.

Vanguard owns the most shares of GameStop (GME).

Max pain is a concept in options trading that refers to the price at which the most options expire worthless. In other words, it is the price at which option holders will experience the most pain. This information can be helpful for option traders, as it provides a way to anticipate the market's movements.

What is GameStop stock price today? The current price of GME is 20.06 USD — it has increased by 2.82% in the past 24 hours. Watch GameStop stock price performance more closely on the chart.

What is the true value of GameStop stock? ›

As of today (2024-09-20), GameStop's Intrinsic Value: Projected FCF is $7.56. The stock price of GameStop is $19.6034. Therefore, GameStop's Price-to-Intrinsic-Value-Projected-FCF of today is 2.6.

This caused a panic to begin, and many investors sold their stock to make a fortune. The result was GameStop's stock price dropping over 80 percent in less than a week. There have been moments where the stock surged again, but the all-time GameStop stock price high of $483 remains untouched.

Cash on Hand as of July 2024 : $4.20 B

According to GameStop 's latest financial reports the company has $4.20 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

The normie GameStop investors who recognized the opportunity for a short squeeze were right — the stock was over-shorted, they saw their chance, and they seized it. The episode took out Melvin Capital — even after getting extra money injected, the hedge fund eventually went under.

Short squeeze is a term used to describe a phenomenon in financial markets where a sharp rise in the price of an asset forces traders who previously sold short to close out their positions. The strong buying pressure “squeezes” the short sellers out of the market.

Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill's net worth is over $289 million.

NVDA PE ratio (forward one year); data by YCharts. Those are very modest valuation multiples for a company that has been growing revenue by triple digits recently and has a continued long runway of growth. So, to answer the question posed at the beginning: Yes, Nvidia is a buy.