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GameStop price target cut as analyst cites retailer’s lack of strategyGameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...
GameStop is set to release its first quarter (Q1) fiscal 2025 earnings after the market closes on Tuesday, 10 June 2025. Analysts project revenue to decline approximately 14.5% year-over-year (YoY ...
GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes that of Strategy, ... GameStop posted a rise in fourth-quarter profit, ...
Gamestop's Bitcoin Strategy Signals A New Era For The Retailer. Date. 2025-03-25 08:18:45. Share on Facebook; Tweet on Twitter ...
GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...
March 25 (Reuters) - GameStop (GME.N), opens new tab said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. Sign up here. Strategy said that ...
What do GameStop and Trump's Bitcoin investments mean? Analyze their impact on future institutional crypto adoption and ...
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
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