GME Stock Summary and Trading Ideas (Gamestop | NYSE:GME)

GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. The company sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites. The majority of sales are from the United States. The company categorizes its products in three categories: Hardware and accessories, Software, and Collectibles. The company generates the majority of its revenue from the sale of Hardware and accessories products.

Gamestop trades on the NYSE stock market under the symbol GME.

As of March 31, 2025, GME stock price declined to $21.31 with 4,371,510 million shares trading.

GME has a beta of 1.01, meaning it tends to be more sensitive to market movements. GME has a correlation of 0.04 to the broad based SPY ETF.

GME has a market cap of $9.53 billion. This is considered a Mid Cap stock.

Last quarter Gamestop reported $1 billion in Revenue and $.30 earnings per share. This fell short of revenue expectation by $-197 million and exceeded earnings estimates by $.22.

In the last 3 years, GME traded as high as $64.83 and as low as $9.95.

The top ETF exchange traded funds that GME belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

GME has outperformed the market in the last year with a return of +70.2%, while the SPY ETF gained +6.9%. However, in the most recent history, GME shares have underperformed the stock market with its stock returning -33.8% in the last 3 month period and -7.5% for the last 2 week period, while SPY has returned -6.9% and -1.6%, respectively.

GME support price is $20.66 and resistance is $22.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GME shares will trade within this expected range on the day.