Wedbush Forecasts GameStop’s FY2025 Earnings (NYSE:GME)

GameStop Corp. (NYSE:GME) – Analysts at Wedbush raised their FY2025 EPS estimates for GameStop in a research note issued on Wednesday, December 11th. Wedbush analyst M. Pachter now expects that the company will post earnings per share of $0.08 for the year, up from their prior estimate of $0.01. Wedbush has a “Underperform” rating and a $10.00 price objective on the stock. The consensus estimate for GameStop’s current full-year earnings is $0.01 per share. Wedbush also issued estimates for GameStop’s Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.03 EPS, FY2026 earnings at $0.18 EPS and FY2027 earnings at $0.13 EPS.

GameStop (NYSE:GME) last issued its earnings results on Tuesday, December 10th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.09. GameStop had a return on equity of 2.11% and a net margin of 1.45%. The company had revenue of $860.30 million during the quarter, compared to the consensus estimate of $887.68 million. GameStop’s quarterly revenue was down 20.2% on a year-over-year basis.

Separately, StockNews.com upgraded GameStop to a “sell” rating in a report on Saturday, October 19th.

GameStop Stock Performance

Shares of NYSE:GME opened at $27.99 on Monday. The firm has a market cap of $12.51 billion, a P/E ratio of 155.51 and a beta of -0.11. GameStop has a 52-week low of $9.95 and a 52-week high of $64.83. The business’s 50 day simple moving average is $24.95 and its two-hundred day simple moving average is $24.18.

Institutional Trading of GameStop

Several institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp grew its holdings in shares of GameStop by 38.0% in the third quarter. State Street Corp now owns 11,143,759 shares of the company’s stock valued at $255,526,000 after acquiring an additional 3,070,571 shares in the last quarter. Geode Capital Management LLC grew its stake in GameStop by 41.8% in the 3rd quarter. Geode Capital Management LLC now owns 6,278,680 shares of the company’s stock valued at $144,009,000 after purchasing an additional 1,852,088 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of GameStop by 22.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,502,910 shares of the company’s stock valued at $80,322,000 after purchasing an additional 646,488 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of GameStop during the 2nd quarter worth $9,577,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of GameStop by 34.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,347,136 shares of the company’s stock worth $33,261,000 after buying an additional 342,178 shares during the last quarter. Hedge funds and other institutional investors own 29.21% of the company’s stock.

Insider Activity

In related news, insider Daniel William Moore sold 2,376 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $21.50, for a total value of $51,084.00. Following the completion of the sale, the insider now directly owns 34,904 shares of the company’s stock, valued at approximately $750,436. This represents a 6.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Mark Haymond Robinson sold 4,667 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $21.96, for a total value of $102,487.32. Following the transaction, the general counsel now owns 54,927 shares in the company, valued at approximately $1,206,196.92. This trade represents a 7.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,639 shares of company stock worth $481,000 over the last three months. 12.28% of the stock is currently owned by insiders.

GameStop Company Profile

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.