GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...

"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...

GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes that of Strategy, ... GameStop posted a rise in fourth-quarter profit, ...

March 25 (Reuters) - GameStop (GME.N), opens new tab said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. Sign up here. Strategy said that ...

GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...

Analyst Michael Pachter of Wedbush reiterated a Sell rating on GameStop (GME – Research Report), retaining the price target of $10.00.Pick the b ...

GameStop eyes more store closures amid 20% sales drop The gaming retailer swung to a profit in Q3 even as it announced an exit from Germany and warned of higher store closures than previous years ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...

GameStop Echoes Strategy in Doubling Down on Bitcoin, Expects to Close More Stores in 2025. By Reuters | March 25, 2025. ... It also posted a rise in fourth-quarter profit, ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.