Wedbush Weighs in on GameStop Corp.’s Q1 2025 Earnings (NYSE:GME) (NYSE:GME)

In a research report presented on Thursday, December 8th, Wedbush issued their projections for GameStop’s earnings per share (EPS) for the first quarter of 2025. The stock symbol for GameStop is GME (NYSE). M., an analyst at Wedbush, says Pachter’s forecast is that the company will earn $0.12 in earnings per share for the quarter. The company is currently assigned an “underperform” rating from Wedbush, which assigns a target price of $5.30. The current full-year earnings forecast for GameStop is $1.45 per share, according to the consensus estimate. Wedbush also provided earnings forecasts for GameStop, estimating that the company will earn $0.31% per share in the second quarter of 2025, $0.26% per share in the third quarter and $0.88% per share for the full year.
In a separate piece of news, a research note published by StockNews.com on Thursday reaffirmed a “sell” rating on shares of GameStop.
Friday’s opening price for shares of NYSE:GME was $24.79 per share. The stock price of GameStop has ranged from a low of $19.40 to a high of $49.85 over the past 52 weeks. The firm’s debt-to-equity ratio stands at 0.02, its quick ratio is 1.38, and its current ratio is 2.17. The company’s simple moving average for the past 50 days is $25.90, and its simple moving average for the past 200 days is $30.18.
On Wednesday, December 7th, GameStop (NYSE: GME ) released its most recent quarterly financial results that it compiled. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.03. A negative return on equity of 34.10% and a negative net margin of 8.54% were both figures reported for GameStop. The company reported revenue of $1.19 billion for the quarter, which was below the average estimate of $1.35 billion among industry analysts. Compared to the previous year’s results for the same quarter, the company’s earnings per share increased to $0.35. Compared to the previous year’s results for the same quarter, the company’s quarterly revenue fell by 8.5%.
Recently, a number of significant investors have made changes to the way they are currently invested in the company. During the third quarter of 2018, Iron Horse Wealth Management LLC grew its position in GameStop by a whopping 300.0%. Iron Horse Wealth Management LLC now owns a total of 1,000 shares of the company’s stock, valued at $25,000, after acquiring an additional 750 shares during the previous quarter. Nomura Asset Management Co. During the third quarter, Ltd. increased its position in shares of GameStop by a factor of 300 percent. Nomura Asset Management Co. After purchasing an additional 750 shares during the most recent quarter, Ltd. now a total of 1,000 shares of the company’s stock, which has a value of $25,000. This company’s name is Creative Financial Designs, Inc. During the third quarter, ADV grew its stake in GameStop by a factor of 3,000%. That company’s name is Creative Financial Designs, Inc. ADV now owns a total of 1,032 shares of the company’s stock, valued at $26,000, after purchasing an additional 774 shares during the most recent quarter. During the third quarter, Guardian Wealth Advisors LLC made a new investment in the form of a $32,000 purchase of shares of GameStop. Finally, during the third quarter, Exchange Traded Concepts LLC increased its stake in shares of GameStop by a total of 411.4%. Exchange Traded Concepts LLC now owns a total of 1,396 shares of the company’s stock valued at $35,000 after purchasing an additional 1,123 shares during the most recent quarter. The company’s shares are held up to 9.57% by institutional investors and hedge funds.
GameStop Corp. is a specialty retailer that has multiple locations in the United States, Canada, Australia and Europe. Through its e-commerce properties and physical stores, the company distributes video games and other forms of entertainment. The company sells new and used gaming platforms, controllers, gaming headsets, virtual reality items and memory cards, as well as new and used game software, in-game digital currency, digital downloadable content and full game downloads. In addition, the company offers full game downloads, digital downloadable content, and digital downloads of full games.