Table of Contents
What is a fair valuation for GME?
GME Fair Value (Implied Value)
| GME Implied Value: 5-Year Historical Multiples Average | ||
|---|---|---|
| Current Price/Sales | 2.6 | Average |
| 5-Yr Avg | 0.5 | |
| GME vs. SPY Historical Price/Book Value Ratio Premium/Discount | ||
| GME |
Is GameStop stock overvalued?
The average analyst price target among the four analysts covering GameStop is $37, suggesting about 82.8\% downside from current levels. The Verdict: At today’s price, GameStop stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.
What is GameStop’s (GME) stock’s downside potential?
Their forecasts range from $5.00 to $50.00. On average, they expect GameStop’s share price to reach $22.00 in the next twelve months. This suggests that the stock has a possible downside of 88.9\%. View analysts’ price targets for GameStop or view top-rated stocks among Wall Street analysts.
How much is a GameStop stock worth?
One share of GME stock can currently be purchased for approximately $198.80. How much money does GameStop make? GameStop has a market capitalization of $14.28 billion and generates $5.09 billion in revenue each year.
What is the current price of GME stock?
Since then, GME shares have increased by 4,701.9\% and is now trading at $198.80. View which stocks have been most impacted by COVID-19. What price target have analysts set for GME? 7 Wall Street analysts have issued 1-year target prices for GameStop’s shares. Their forecasts range from $5.00 to $50.00.
Is GameStop turning into a gaming and entertainment retailer?
BOSTON (Reuters) -GameStop Corp, at the center of this year’s “meme stock” trading frenzy, on Wednesday reported a 25\% jump in quarterly sales but failed to lay out fresh details about how it plans to refashion itself into a gaming and entertainment retailer.