# GameStop Corp.  Share Price Target ‘$8.92’, now -36.6% Downside Potential

- Link: https://www.directorstalkinterviews.com/gamestop-corp.share-price-target-8.92-now-36.6-downside-potential/4121142010
- Published: 2024-02-09T15:13:08+00:00
- Author: Charlotte Edwards

**GameStop Corp.** which can be found using ticker (GME) have now 3 market analysts
covering the stock. The analyst consensus now points to a rating of ‘underperform’.
The range between the high target price and low target price is between $15.00 and
$5.75 calculating the mean target share price we have $8.92. (at the time of writing).
Given that the stocks previous close was at $14.07 this indicates there is a potential
downside of -36.6%. There is a 50 day moving average of $15.55 and the 200 day moving
average is $18.21. The company has a market capitalization of 4.38B. The stock price
for the company is currently $14.35 USD

 The potential market cap would be $2,779,417,448 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 -, revenue per share of $18.72 and
a -1.24% 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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