# GameStop Corp.  Share Price Target ‘$8.92’, now -37.2% Downside Potential

- Link: https://www.directorstalkinterviews.com/gamestop-corp.share-price-target-8.92-now-37.2-downside-potential/4121145235
- Published: 2024-02-29T14:02:31+00:00
- Author: Charlotte Edwards

**GameStop Corp.** with ticker code (GME) now have 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 $14.21 this would imply there is a potential downside
of -37.2%. The 50 day moving average now sits at $15.15 and the 200 day moving average
is $17.86. The market cap for the company is 4.35B. The stock price is currently
at: $14.24 USD

 The potential market cap would be $2,730,938,221 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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