Q1 2026 Earnings Forecast for GameStop Corp. (NYSE:GME) Issued By Wedbush

GameStop Corp. (NYSE:GME) – Research analysts at Wedbush issued their Q1 2026 earnings estimates for shares of GameStop in a report released on Wednesday, March 27th. Wedbush analyst M. Pachter forecasts that the company will post earnings per share of ($0.08) for the quarter. Wedbush currently has a “Underperform” rating and a $5.60 target price on the stock. The consensus estimate for GameStop’s current full-year earnings is $0.04 per share. Wedbush also issued estimates for GameStop’s Q2 2026 earnings at ($0.04) EPS, Q3 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.21 EPS and FY2026 earnings at $0.10 EPS.

GameStop (NYSE:GME) last released its quarterly earnings results on Tuesday, March 26th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.07). The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $2.05 billion. GameStop had a return on equity of 1.37% and a net margin of 0.13%. The business’s quarterly revenue was down 19.4% on a year-over-year basis. During the same period last year, the firm earned $0.16 EPS.

Separately, StockNews.com raised shares of GameStop from a “sell” rating to a “hold” rating in a research note on Wednesday.

GameStop Trading Down 15.1 %

NYSE GME opened at $13.17 on Thursday. GameStop has a one year low of $11.82 and a one year high of $27.65. The company has a 50-day simple moving average of $14.30 and a 200-day simple moving average of $14.91. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.94 and a current ratio of 1.65. The firm has a market capitalization of $4.02 billion, a PE ratio of 658.58 and a beta of -0.42.

Institutional Trading of GameStop

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. C M Bidwell & Associates Ltd. purchased a new position in shares of GameStop in the second quarter worth approximately $36,000. Covestor Ltd increased its position in shares of GameStop by 323.2% in the first quarter. Covestor Ltd now owns 237 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares in the last quarter. IFP Advisors Inc increased its position in shares of GameStop by 99.7% in the third quarter. IFP Advisors Inc now owns 2,708 shares of the company’s stock worth $45,000 after acquiring an additional 1,352 shares in the last quarter. Fifth Third Bancorp grew its position in GameStop by 175.6% during the third quarter. Fifth Third Bancorp now owns 2,855 shares of the company’s stock valued at $47,000 after purchasing an additional 1,819 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in GameStop during the first quarter valued at approximately $50,000. 29.21% of the stock is currently owned by institutional investors.

About GameStop

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.