Welcome to the wild world of GME stock, where the game of investing meets the thrill of a rollercoaster ride! 🎢🚀
If you’ve been keeping an eye on the stock market recently, you’ve heard about the craze surrounding fintechzoom GME stock.
But what’s all the buzz about?
Let’s dive in and uncover the excitement and insights behind this hot stock.
GME, or GameStop Corporation, is different from your average brick-and-mortar retailer. 🎮 With a focus on video games and consumer electronics, GME has captured the hearts of gamers worldwide.
But beyond the consoles and controllers, GME has become the epicenter of a financial revolution fueled by passionate retail investors and a wave of digital disruption.
In recent months, fintechzoom GME stock has skyrocketed to astronomical heights, fighting traditional market trends and sending shockwaves through Wall Street.
📈📉 What started as a David-versus-Goliath battle between retail investors and hedge funds has evolved into a symbol of market resilience and the power of collective action.
But beneath the surface lies a complex narrative of market dynamics, short squeezes, and the democratization of finance.
📊💡 As investors navigate the twists and turns of the GME saga, they’re met with valuable insights into market sentiment, volatility, and the evolving landscape of online trading platforms.
This article will help you to know all about GME stock performance, insights, GME price forecast, and financial analysis so, you can decide whether to invest in GME stock. 🚀🎮
Fintechzoom GME Company Details & Overview
Aspect | Description |
---|---|
📅 Founded | 1984 |
👥 Founders | Gary Kusin, James McCurry |
🏢 Industry | Retail (Video Games) |
📍 Headquarters | Grapevine, Texas, U.S. |
🛠️ Products | Video games, Consoles, Gaming accessories |
👩💼 Key People | George Sherman (CEO), Ryan Cohen (Chairman) |
💰 Revenue (FY 2023) | US$5.27 billion |
💼 Operating Income (FY 2023) | US$29.70million |
💹 Net Income (FY 2023) | US$6.70 million |
📈 Ticker Symbol | GME |
🏛️ Listed Exchanges | New York Stock Exchange (NYSE) |
🌐 Website | https://www.gamestop.com/ |
GME Stock Price chart overview
🚀 Before we get into Fintechzoom’s GME price forecast, let’s examine its past performance. GME started strongly, listing in the market in November 2002 at $2.41 a share.
GM stock has been listed at $2.41 and consolidated in the range of $2.5 to $4.20 for five years since its listing. In January 2005, a breakout happened, and the stock reached a high of $15.94 in just two years. That’s a massive growth of 650% from when it first started.
But then things took a turn. Within six months, GME stock decreased almost where it started, near its listing price.
That’s a massive -82% drop from its previous year’s high. GME’s current price is $46.15, and the all-time high is $120.75.
With such dramatic highs and lows, it’s hard to predict where GME is headed next. But don’t worry! This will help you to predict the price target for GME in the coming years.
With the volatility and incredible growth seen in the current week, just two days before, the GME stock price was $18, and today, it is $41.76. Oh my god, it’s massive growth in the GME stock price.
Fintechzoom GME Stock Financial & income statement
Metric | Value |
---|---|
Market Cap | $12.90 B |
Revenue (ttm) | $5.27 B |
Net Income (ttm) | $6.70 M |
Shares Out | 266.95 M |
EPS (ttm) | $0.02 |
P/E Ratio | 1436.32 |
Ex-Dividend Date | 3-14-2019 |
Volume | 145 M |
fintechzoom GME financial overview
GameStop’s (GME) financial situation is still uncertain as it deals with tough times in retail. In the last quarter ending April 2024, the company reported a loss of—$0.09 per share.
While it’s a bit better than the—$0.14 loss from the previous year’s same quarter, it shows they’re still facing challenges. Revenue for this year (2025) is expected to be around $4.79 billion, down from $5.27 billion last year—a drop of about 9.10%.
Looking ahead, experts are still optimistic about GameStop’s financial future. They predict revenue will decrease even more next year (2026) to about $4.57 billion, a decrease of 4.60%.
However, there’s a slight silver lining: they expect earnings per share (EPS) to rise slightly, from $0.01 in 2025 to $0.06 in 2026. This could mean the company is finding ways to save money or run more efficiently despite tough sales times.
These numbers show GameStop is in a transition period, trying hard to steady its earnings in the face of tough market and operational challenges.
The drop in expected revenue shows how hard it is for GameStop in today’s retail world, where digital and online shopping is taking over. Investors and experts are watching closely to see if GameStop can bounce back from these tough times.
Fintechzoom GM Stock Price Prediction 2024,2025,2030,2040,2050 & 2055
GME stock is trading at $41.76 today, up 37.13% from yesterday’s close price. So, we can expect consolidation at this level. It will take time to decide whether it will break out or break down.
According to the latest news, the stock will continue to grow, and GME is in a bullish trend.The price target for 2025 is $42.05, a + % increase from the current level.
Finetechzoom’s forecast system shows that the fintechzoom GME stock price will reach $52.19 from the current price level in the current year,$62.05 in 2025,$73.05 in 2026, $82.05in 2027, $89.64 in 2028, $96.35 in 2029, and $109.06 in 2030.
Finetchzoom GME stock price targets in 2024,2025,2030,2035,2040,2050, and 2055 are listed in the table below.
Fintechzoom GME Stock Price Prediction
Year | GME Price Target | Percentage Change |
---|---|---|
2024 | $52.19 | 27.20% |
2025 | $62.05 | 51.83% |
2026 | $73.05 | 78.05% |
2027 | $82.05 | 100.12% |
2028 | $89.64 | 118.15% |
2029 | $96.35 | 134.27% |
2030 | $109.06 | 165.76% |
2035 | $156.05 | 280.85% |
2040 | $295.07 | 619.46% |
2050 | $499.06 | 1111.61% |
2055 | $735.37 | 1691.61% |
Fintechzoom GME Stock Price Prediction 2024 & Short Term Price Prediction
At the start of 2024, the GME stock price was $17.25. Today, it is $41.15, which means the price has increased by 141.17%.
Based on fintechzoom analysis, the GME stock price will be $52.02 by the end of the current year, and the year-to-year change will be +205.02%.
Fintechzoom GME Short-term Forecast:
- May 15 – $41
- June 15 – $35
- July 15 – $43
- August 15 – $48
- September 15 – $53
- October 15 – $59
Fintechzoom GME Stock Price Prediction 2025
The Fintechzoom algorithm forecasts that the GME stock price will reach $62.05 by 2025. We expect a +51.77% increase in the cost of GME stock (GME: NYSE) in one year.
Below, I have provided a GME stock price forecast for the next four years, between 2026 and 2029.
Fintechzoom GME Stock Price Forecast 2026
GME price will start trading at $61.03 in 2026 and reach $68.04 by mid-year. We can expect the GME stock price to reach $73.05 by the end of 2026, representing a +78% increase from its current level over two years between 2024 and 2026.
Fintechzoom GME Forecast 2027
According to fintechzoom forecast data, GME stock price will reach $82.05 by 2027, an 82.39% increase from GME stock price in the next three years.
Gamestop Corporation(GME) Stock Price Prediction 2028
Fintechzoom forecast analyst is suggesting that the GME stock price target is $89.64 in 2028, which is up +117.63% from the present price in the coming four years.
GME Stock Price Forecast 2029
Fintechzoom data and technical analysts forecast that the GME target price will be $96.35 in 2029, +134.01% up from the current price in the next five years.
Fintechzoom GME Stock Price Prediction 2030
GME stock price in the next five to six years means that in 2030, it will be on a bullish trend and could reach $109.06. We Predicted a +165.08 % uptrend in the GME price over a six-year timeline.
GME Stock Price Prediction 2035
The Fintechzoom GME stock analysis system predicts reasonable upside momentum for GME stock price. Because digital games have increased incredibly in various ways in recent times, they will continue to grow exponentially.
That directly helps GME stock. So, fintechzoom GME stock’s long-term forecast price is $156.23 after ten years.
What Is The Gamestop Corporation (GME) Stock Price After Ten Years?
Ten years is a long period in the stock market. Based on fintechzoom GME stock analysis, we can expect an incredible growth in GME stock. GME stock price could be worth approximately $156.23 in the coming ten years.
Can GME Stock Reach $1000$?
There is no short answer for this now, but in the stock market, anything is possible; based on the fintechzoom technical chart pattern, GME stock price is consolidating into an uptrend in the short term.
After that, it can be volatile in the bullish trend. GME may reach $1000 or more, but in the long term, at least we can expect it in the coming ten years.
FAQ's
Will GME Stock Price Go Up?
Yes, the GME price may go up. It is currently trading at $45.32, and it has been highly volatile for the past two days. In just two days, the price went up from $17 to $60.