What is Wedbush’s Forecast for GameStop FY2025 Earnings?

GameStop Corp. (NYSE:GME) – Equities researchers at Wedbush increased their FY2025 earnings estimates for GameStop in a note issued to investors on Wednesday, December 11th. Wedbush analyst M. Pachter now anticipates that the company will post earnings per share of $0.08 for the year, up from their prior estimate of $0.01. Wedbush has a “Underperform” rating and a $10.00 price objective on the stock. The consensus estimate for GameStop’s current full-year earnings is $0.01 per share. Wedbush also issued estimates for GameStop’s Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.03 EPS, FY2026 earnings at $0.18 EPS and FY2027 earnings at $0.13 EPS.

Separately, StockNews.com raised GameStop to a “sell” rating in a report on Saturday, October 19th.

GameStop Price Performance

GME stock opened at $31.29 on Monday. The company has a fifty day moving average price of $25.34 and a 200 day moving average price of $24.31. GameStop has a 12 month low of $9.95 and a 12 month high of $64.83. The company has a market cap of $13.98 billion, a price-to-earnings ratio of 173.83 and a beta of -0.11.

GameStop (NYSE:GME) last posted its earnings results on Tuesday, December 10th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.09. The business had revenue of $860.30 million for the quarter, compared to analysts’ expectations of $887.68 million. GameStop had a return on equity of 2.11% and a net margin of 1.45%. The business’s revenue for the quarter was down 20.2% compared to the same quarter last year.

Institutional Investors Weigh In On GameStop

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. UMB Bank n.a. lifted its stake in shares of GameStop by 535.8% in the third quarter. UMB Bank n.a. now owns 1,138 shares of the company’s stock valued at $26,000 after purchasing an additional 959 shares during the period. Centerpoint Advisors LLC purchased a new stake in shares of GameStop during the 2nd quarter worth approximately $47,000. CWM LLC increased its stake in GameStop by 115.6% in the 2nd quarter. CWM LLC now owns 2,660 shares of the company’s stock valued at $66,000 after purchasing an additional 1,426 shares in the last quarter. Quest Partners LLC raised its holdings in GameStop by 7,156.5% during the second quarter. Quest Partners LLC now owns 6,168 shares of the company’s stock worth $152,000 after purchasing an additional 6,083 shares during the last quarter. Finally, Centaurus Financial Inc. acquired a new stake in GameStop in the third quarter valued at $171,000. Institutional investors and hedge funds own 29.21% of the company’s stock.

Insider Buying and Selling

In other news, General Counsel Mark Haymond Robinson sold 4,667 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $21.96, for a total transaction of $102,487.32. Following the completion of the transaction, the general counsel now directly owns 54,927 shares of the company’s stock, valued at approximately $1,206,196.92. This represents a 7.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel William Moore sold 1,972 shares of GameStop stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $21.96, for a total value of $43,305.12. Following the completion of the sale, the insider now owns 37,280 shares in the company, valued at approximately $818,668.80. This trade represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,639 shares of company stock valued at $481,000 over the last three months. 12.28% of the stock is currently owned by company insiders.

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.