Why GameStop stock moves
GameStop rose sharply without a company-news explanation.
Written after the close on ·
Updated 02:00 with news that came after the close
Why today
17,457 news analyzed todayGameStop rose sharply without a company-news explanation.
The S&P 500 rose slightly that day, so GameStop moved more than the market.
The sector was roughly flat in the same session, so the move was not driven by its sector.
Over the last five trading days GameStop rose clearly, while the S&P 500 fell sharply.
Today's move of +3.93% was 1.8 times a normal day's 2.1%. S&P 500 moved +0.31% on the same day.
GameStop +3.93%S&P 500 +0.31%Much stronger than the market
What analysts expect, and how often they have been right
Analysts’ estimates for GameStop.
GameStop earned more than expected in 7 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 4 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $25.12
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $0.37 (December 8). For the current fiscal year, expected earnings per share changed from $1.30 three months ago to $1.48 now. 2027 estimate: $1.48. 2028 estimate: $1.54. One analyst made the estimate for the quarter.
Has the share price followed the business?
Price and earnings moved in the same direction: 1 out of 3 years. Across US companies, that happens in about 65% of years. In 2026, the price changed −11% and earnings per share +133%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 1 out of 3 years.Market cap (Now): $12.7BRevenue 2026: $3.6B
What the key figures say about GameStop
The figures connect what GameStop earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2023–2026: -$1.03–$0.77. Peers: Clas Ohlson 18.70 SEK, New Wave Group 6.15 SEK, LPP 1,067.15 PLN. 2027 estimate: $1.48 ($1.15–$1.80). 2028 estimate: $1.54 ($1.23–$1.86).
What the company sold during the year.
2023–2026: $3.6B–$5.9B. Peers: Clas Ohlson 13.0 bn SEK, New Wave Group 10.5 bn SEK, LPP 24.7 bn PLN. 2027 estimate: $3.6B ($3.4B–$3.9B). 2028 estimate: $3.9B ($3.5B–$4.3B).
The percentage of revenue left after the costs of running the business.
2023–2026: −5.2%–7.9%. Peers: Clas Ohlson 12.7%, New Wave Group 10.8%, LPP 16.6%.
Profit as a percentage of shareholders’ money in the company.
2023–2026: −23.7%–7.7%. Peers: Clas Ohlson 41.3%, New Wave Group 11.8%, LPP 38.3%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2023–2026: 31.0–711.5. Peers: Clas Ohlson 28.8, New Wave Group 16.4, LPP 25.8. 2027 estimate: 17.0. 2028 estimate: 16.3.
What investors pay for each unit the company sells.
2023–2026: 0.83–3.14. Peers: Clas Ohlson 2.64, New Wave Group 1.27, LPP 2.07. 2027 estimate: 3.48. 2028 estimate: 3.22.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.00–$0.38.
The ordinary yearly dividend as a percentage of the share price.
2023–2026: 0.0%–0.0%. Peers: Clas Ohlson 1.7%, New Wave Group 3.0%, LPP 3.6%.
Net debt divided by operating earnings before depreciation and amortisation.
2023–2026: -194.83–-15.48. Peers: Clas Ohlson -0.19, New Wave Group 2.71, LPP 1.54.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2023–2026: 1.97–5.04. Peers: Clas Ohlson 9.80, New Wave Group 1.91, LPP 9.76.
Market cap plus net debt, divided by operating earnings. This includes debt.
2023–2026: 21.2–21.2.
Cash left after investments, divided by the number of shares.
2023–2026: -$0.78–$1.33. Peers: Clas Ohlson 31.42 SEK, New Wave Group 0.07 SEK, LPP 1,898.63 PLN.
The percentage of assets financed by shareholders’ equity.
2023–2026: 42.5%–83.9%.
What to watch next, and why
The earnings report shows how GameStop's revenue and profit have changed.
- Earnings report
The earnings report shows how GameStop's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days GameStop usually moved about 10.2%. On a normal day it moves 2.1%.
−1.41% +6.02% −4.28% +3.31%
$10,000 in GameStop bought on November 7, 2016 is worth $59,000 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in GameStop be worth today? →
What would $10,000 in GameStop be worth today?
$59,000
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $1,640 (April 3, 2020).
The five biggest days of the journey
· +134.8% · the whole market fell 2.6% the same day
· +103.9% · the whole market rose 1.1% the same day
· +92.7% · the whole market fell 0.1% the same day
· +74.4% · the whole market was unchanged the same day
· +67.9% · the whole market fell 1.9% the same day
Earlier days
+3.67% market −2.70% GameStop, the video game retailer, rose clearly over the week while the S&P 500 fell sharply, so it moved against the market. Read →
GameStop, the video game retailer, rose clearly over the week while the S&P 500 fell sharply, so it moved against the market.
Its sector rose clearly too, so GameStop gained more than its peers.
The company reported higher operating income that more than doubled, which StoneX highlighted as a bullish call, likely supporting the rise.
Investors may also watch the next earnings report on Tuesday 8 December 2026.
−3.86% market −4.41% GameStop fell sharply. Read →
GameStop fell sharply.
GameStop fell, in line with the broad market, which also fell very sharply.
No company news from that session clearly explains the drop.
Over the last five trading days the stock was roughly flat, while the S&P 500 fell very sharply, so GameStop held up better than the market.
+3.58% market +1.65% GameStop rose on Tuesday. Read →
GameStop rose on Tuesday.
Shares rose in line with the consumer cyclical sector, which rose very sharply.
A buy rating means the analyst expects the shares to outperform the market.
The move was big for GameStop, about twice a normal five-day stretch.
+0.33% market +0.30% GameStop was roughly flat. Read →
GameStop was roughly flat.
Over the last five trading days the stock rose clearly while the S&P 500 fell clearly, so GameStop moved against the market.
Its sector fund, the Consumer Cyclical ETF tracking consumer-spending stocks, also rose clearly over that stretch.
Trading was well below its usual level, and the day's move was an ordinary one for GameStop.
The next earnings report, the quarterly results release, is due 8 December 2026.
Learn more · Why do stocks go up and down?