Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
GameStop (GME) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for GameStop is $5.60. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $5.60 ,the lowest forecast is $5.60. The average price target represents -45.84% Decrease from the current price of $10.34.
What is GameStop prediction for 2024? ›Now, analysts expect GameStop to report an annual EPS of a penny in 2024, representing an 83% YOY drop. In February of this year, analysts were forecasting an annual EPS of 0.14 cents for the year. On revenues, before Q3 last year, GameStop was expected to report over $5.5 billion in 2024.
How accurate are analyst price targets? ›We find that analysts' target forecasts tend to commit systematically upward bias (9.4%), large absolute pricing error (24.8%), over-prediction of the actual price changes (21%), and a low proportion (54%) of correct directional forecasts.
How reliable are analyst price targets? ›Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.
What's the highest GameStop stock price? ›GameStop's Highest Stock Price Was $483
The stock price briefly went above $500 in pre-market trading on January 28 before hitting the $483 price during trading hours.
To buy your GameStop shares, you first need to locate it within your broker's trading platform. Just look for a search bar and enter 'GameStop' or its stock exchange symbol, GME.
Is GameStop stock expected to rise? ›GME Stock 12 Month Forecast
Based on 1 Wall Street analysts offering 12 month price targets for GameStop in the last 3 months. The average price target is $5.60 with a high forecast of $5.60 and a low forecast of $5.60. The average price target represents a -45.84% change from the last price of $10.34.
Right now, sell-side consensus calls for Meta Platforms to report earnings of $14.80 per share in 2024, and $16.98 per share in 2025. The high end of these forecasts call for earnings of $17.15 and $19.90 per share, next year and the year after next, respectively.
Is GameStop stock a buy or sell? ›Is GameStop stock a Buy, Sell or Hold? GameStop stock has received a consensus rating of sell. The average rating score is and is based on 0 buy ratings, 0 hold ratings, and 7 sell ratings. What was the 52-week low for GameStop stock?
What is the 200-day moving average for GME? ›GameStop's (GME) stock price is $10.34 and GameStop's (GME) 200-day simple moving average is 16.10, creating a Sell signal.
What was the stock price of GME on January 27? ›
The closing price for GameStop (GME) on January 27, 2021 was $86.79. It was down 2.2% for the day. The latest price is $10.38.
What does a stock analyst target price mean? ›A price target is an estimate of the future price of a stock, based on past and estimated future performance of the company.
What is the analyst price target for run? ›What is RUN's average 12-month price target, according to analysts? Based on analyst ratings, Sunrun's 12-month average price target is $19.55. What is RUN's upside potential, based on the analysts' average price target? Sunrun has 93.37% upside potential, based on the analysts' average price target.