GameStop Corp. (NYSE:GME) to Post Q1 2025 Earnings of ($0.10) Per Share, Wedbush Forecasts

GameStop Corp. (NYSE:GME) – Investment analysts at Wedbush lowered their Q1 2025 EPS estimates for shares of GameStop in a research note issued on Wednesday, March 27th. Wedbush analyst M. Pachter now forecasts that the company will earn ($0.10) per share for the quarter, down from their prior forecast of ($0.05). Wedbush has a “Underperform” rating and a $5.60 price objective 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 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at $0.19 EPS and FY2025 earnings at $0.01 EPS.

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

GameStop Price Performance

Shares of GameStop stock opened at $12.52 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.11 and a quick ratio of 0.94. GameStop has a fifty-two week low of $11.82 and a fifty-two week high of $27.65. The firm has a fifty day moving average price of $14.26 and a two-hundred day moving average price of $14.89. The company has a market cap of $3.83 billion, a PE ratio of 626.31 and a beta of -0.42.

GameStop (NYSE:GME) last issued its quarterly earnings results on Tuesday, March 26th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.07). GameStop had a net margin of 0.13% and a return on equity of 1.35%. The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the company earned $0.16 earnings per share. GameStop’s revenue for the quarter was down 19.4% on a year-over-year basis.

Hedge Funds Weigh In On GameStop

A number of hedge funds and other institutional investors have recently made changes to their positions in GME. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of GameStop by 23.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,295 shares of the company’s stock worth $382,000 after acquiring an additional 439 shares during the period. Citigroup Inc. lifted its holdings in shares of GameStop by 4.3% during the 1st quarter. Citigroup Inc. now owns 18,826 shares of the company’s stock worth $3,136,000 after acquiring an additional 777 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of GameStop by 21.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,350 shares of the company’s stock worth $390,000 after acquiring an additional 421 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of GameStop by 5.8% during the 1st quarter. Great West Life Assurance Co. Can now owns 33,668 shares of the company’s stock worth $5,759,000 after acquiring an additional 1,854 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of GameStop by 56.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 12,655 shares of the company’s stock worth $2,108,000 after acquiring an additional 4,548 shares during the period. 29.21% of the stock is 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.