Wedbush Has Positive Estimate for GameStop FY2025 Earnings

GameStop Corp. (NYSE:GME) – Equities researchers at Wedbush increased their FY2025 earnings estimates for GameStop in a research report issued to clients and investors 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 previous estimate of $0.01. Wedbush currently has a “Underperform” rating and a $10.00 target price 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 quarterly earnings results on Tuesday, December 10th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.09. GameStop had a net margin of 1.45% and a return on equity of 2.11%. The business had revenue of $860.30 million for the quarter, compared to analysts’ expectations of $887.68 million. The business’s revenue was down 20.2% compared to the same quarter last year.

Separately, StockNews.com upgraded shares of GameStop to a “sell” rating in a research note on Saturday, October 19th.

GameStop Stock Up 5.1 %

GME opened at $29.41 on Monday. The firm has a market cap of $13.14 billion, a price-to-earnings ratio of 163.39 and a beta of -0.11. GameStop has a fifty-two week low of $9.95 and a fifty-two week high of $64.83. The company’s 50-day moving average price is $25.12 and its 200 day moving average price is $24.25.

Insider Buying and Selling

In other GameStop news, insider Daniel William Moore sold 2,376 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $21.50, for a total value of $51,084.00. Following the sale, the insider now owns 34,904 shares in the company, valued at approximately $750,436. This trade represents a 6.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Mark Haymond Robinson sold 11,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $20.82, for a total transaction of $229,020.00. Following the completion of the sale, the general counsel now owns 43,927 shares in the company, valued at $914,560.14. The trade was a 20.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,639 shares of company stock worth $481,000 over the last quarter. 12.28% of the stock is owned by company insiders.

Institutional Investors Weigh In On GameStop

Several large investors have recently made changes to their positions in the company. CWM LLC grew its position in GameStop by 115.6% in the second quarter. CWM LLC now owns 2,660 shares of the company’s stock worth $66,000 after buying an additional 1,426 shares during the last quarter. SG Americas Securities LLC grew its position in GameStop by 38.9% during the 2nd quarter. SG Americas Securities LLC now owns 12,907 shares of the company’s stock worth $319,000 after purchasing an additional 3,614 shares in the last quarter. Nisa Investment Advisors LLC grew its position in GameStop by 697.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 32,185 shares of the company’s stock worth $795,000 after purchasing an additional 28,150 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in GameStop during the 2nd quarter worth approximately $197,000. Finally, Modera Wealth Management LLC purchased a new position in GameStop during the 2nd quarter worth approximately $365,000. Institutional investors and hedge funds own 29.21% of the company’s stock.

About GameStop

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.