# GameStop Corp.  Share Price Target ‘$8.38’, now -66.1% Downside Potential

- Link: https://www.directorstalkinterviews.com/gamestop-corp.share-price-target-8.38-now-66.1-downside-potential/4121161330
- Published: 2024-06-21T14:54:14+01:00
- Author: Charlotte Edwards

**GameStop Corp.** with ticker code (GME) have now 2 market analysts covering the
stock. The analyst consensus now points to a rating of ‘underperform’. The target
price High/Low ranges between $11.00 and $5.75 suggesting an average analyst share
price target price of $8.38. (at the time of writing). Now with the previous closing
price of $24.70 this indicates there is a potential downside of -66.1%. Also worth
taking note is the 50 day moving average now sits at $20.46 and the 200 day MA is
$16.23. The market cap for the company is 10.91B. The current share price for the
company is: $25.59 USD

 The potential market cap would be $3,700,403,721 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 319.88, revenue per share of $16.10
and a -0.53% return on assets.

GameStop Corp. is focused on offering games, entertainment products and technology
through its stores and e-commerce platforms. It operates through four geographic
segments: United States, Canada, Australia, and Europe. It offers a range of products
in various categories, which include hardware and accessories, software, and collectibles.
It offers new and pre-owned gaming platforms from the various console and personal
computer (PC) manufacturers, which include the Sony PlayStation 5, Microsoft Xbox
Series X, and the Nintendo Switch. Its accessories consist of controllers, gaming
headsets, virtual reality products and memory cards. It also sells a variety of 
in-game digital currency, digital downloadable content (DLC) and full-game downloads.
Its Collectibles consist of apparel, toys, trading cards, gadgets, and other retail
products and its digital asset wallet and NFT marketplace activities. Its stores
and ecommerce sites operate under the names GameStop, EB Games, and Micromania.

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