GameStop (GME.US) Price Target 2026/2027: 30% Downside – Overvalued?

19,02
0,05%
Price history for GameStop (GME.US) – stock price at 19.02 $, August 2026
GameStop stock price – price development 2026. Updated Aug 6, 2026.
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GameStop Price Target 2026: Analysts See 29% Downside

The average price target for GameStop is $13.50. This price target represents the analysts' view of the stock price over the next 12 months. The stock appears overvalued, because the price target is lower than the current price. It is -29,02% above the target, and analysts expect the price to fall over the next 12 months. Even if the stock may be overvalued, price momentum can last longer than expected. That is why it is important to keep an eye on the stock and its momentum on an ongoing basis. WallStreetBuys helps you with the technical analysis and keeps you up to date on the development.

Is GameStop overvalued or undervalued?

GameStop is currently overvalued with a gap of 29% relative to the price target.


The current price is $19.02, which places GameStop in the overvalued category. The stock is considered undervalued when the price is below $12.15, and overvalued when the price exceeds $14.85.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For GameStop, the fair value range lies between $12.15 and $14.85.


See the full price target analysis for GameStop →

Analyst Ratings for GameStop stock in 2026: Strong Sell

1 analysts cover GameStop. The majority is negative — 100% recommend selling the stock. The average price target is $13.50, which is 29% below the current price.

Consensus: Strong Sell (1.00/5)
Strong Sell
1 (100%)
Strong Sell Sell Hold Buy Strong Buy
1.00 out of 5 based on 1 analysts

About GameStop – Specialty Retail

GameStop Corp. er en specialforhandler, der driver butikker og e-handelsplatforme, hvor de sælger spil og underholdning. De tjener primært penge på at sælge nye og brugte spilkonsoller, tilbehør som controllere og VR-produkter, samt spilsoftware. GameStop sælger også digitalt indhold og samleobjekter under licens fra film- og popkulturindustrien. De driver omkring 4.500 butikker og e-handelssteder under brands som GameStop, EB Games og Micromania. Virksomheden har desuden 50 butikker, der fokuserer på samleobjekter, blandt andet under navnet Zing Pop Culture. De er aktive i USA, Canada, Australien og Europa. GameStop udgiver også videospilspublikationen Game Informer, som anmelder nye udgivelser. Read more about the company

Key Figures for GameStop

$ 8,6B Market cap
$ 3,7B Revenue
Specialty Retail Industry
16.28 P/E
2.31 P/S
1.67 P/B
USA Listed on exchange

What kind of stock is GameStop?

Growth stock Value stock

GameStop is classified as a growth stock and value stock. This means the stock combines several attractive traits.

Score Overview for GameStop

💰 Value Score 76/100 (High)
⭐ Quality Score 61/100 (High)
🚀 Momentum Score 27/100 (Low)
📊 Total Score 54/100

⚠️ 1 red flag identified

Our analysis has identified 1 potential risk factor in GameStop that investors should be aware of.

⚠️ High short interest: 13.5% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

GameStop trades at a P/E ratio of 16.3, which is close to the market average. The forward P/E is 28.2. The P/S ratio is 2.3. The P/B ratio is 1.7. The PEG ratio is 0.31 — below 1.0 suggests the stock is cheap relative to its growth rate.

💵 Profitability & Growth

GameStop has a profit margin of 20.5% (excellent) and an operating margin of 16.6%. Return on equity (ROE) is 14.1% — solid return on equity. Return on assets (ROA) is 2.7%. The latest quarterly earnings grew 633.3% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 6 out of 9 — good financial health. Altman Z2 is 7.66 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 19.2% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 13.54% — very high, the market is skeptical.

Insider Trading in GameStop 2026: The Signal Is negative

In 2026, insiders at GameStop have made 20 transactions – split into 10 purchases and 10 sales. On a net basis, insiders put 31,706,898 $ into the stock, which is a positive signal. Active insiders include Robinson Mark Haymond, Moore Daniel William, Lawrence Cheng and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 3 sales. A net 406,587 $ out of the stock.

Long-Term Signal (all transactions): Mostly positive

Insiders have bought considerably more than they have sold. This suggests several key people see value in the stock.

Across the last 20 transactions: 10 purchases and 10 sales. A net 31,706,898 $ into the stock.

Latest purchase: Robinson Mark Haymond bought 7,209 shares at 24 $ each on 2026-04-01. The stock has since fallen 19.4%.

Latest sale: Robinson Mark Haymond sold 3,957 shares at 23 $ each on 2026-07-06.

Who is buying: Robinson Mark Haymond, Moore Daniel William, Lawrence Cheng, Cheng Lawrence, Cohen Ryan and others.

Who is selling: Robinson Mark Haymond, Moore Daniel William, Mark Haymond Robinson, Daniel William Moore.

Latest Insider Trades in GameStop (2026)

The table shows the last 20 reported insider transactions in GameStop. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-06 Robinson Mark Haymond Sell 3,957 23 89,507
2026-07-01 Robinson Mark Haymond Sell 7,083 22 158,518
2026-07-01 Moore Daniel William Sell 7,085 22 158,562
2026-04-13 Robinson Mark Haymond Sell 3,912 23 90,719
2026-04-13 Mark Haymond Robinson Sell 3,912 23 90,719
2026-04-01 Robinson Mark Haymond Buy 7,209 24 170,060
2026-04-01 Moore Daniel William Buy 7,210 24 170,084
2026-04-01 Mark Haymond Robinson Sell 7,209 23 165,374
2026-04-01 Daniel William Moore Sell 7,210 23 165,397
2026-01-23 Lawrence Cheng Buy 5,000 23 114,350

Who is buying and selling GameStop shares in 2026?

The following insiders have bought shares in GameStop: Robinson Mark Haymond, Moore Daniel William, Lawrence Cheng, Cheng Lawrence, Cohen Ryan and others. In total, 33,250,004 $ was bought across 10 transactions. The following insiders have sold shares: Robinson Mark Haymond, Moore Daniel William, Mark Haymond Robinson, Daniel William Moore. In total, 1,543,107 $ was sold across 10 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

GameStop Short Selling 2026: 13.5% Sold Short

Very high short interest: 13.5% of the free float
Short % of free float
13.5%
Assessment
Very high short interest
Short squeeze risk
High
Data source
SEC
Updated daily
The stock has a very high share of short selling. Between 10-20% of the freely traded shares are sold short, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains.

What does this mean for you as an investor?
A short interest of 13.5% means that 13.5% of the freely traded shares in GameStop have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

The next potential catalyst is the earnings report on 9/8/2026. With a short interest of 13.5%, the report can trigger considerable volatility.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
13.5%

When Does GameStop Report Earnings – Next Date: 9/8/2026

The next earnings report from GameStop is scheduled for September 8, 2026, after the market closes. This report covers the third quarter (Q3), which ended on July 31, 2026.



Technical Analysis of GameStop 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of GameStop (GME.US) – RSI 28, MACD negative (bearish), daily candlestick chart August 2026
GameStop technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of GameStop Corp

GameStop Corp is in a short-term downtrend. The price of $19.01 is 11.2% below the 20-day average ($21.41). Medium term, the picture is negative: the price is 12.2% below the 50-day average ($21.66). Long term, the stock is 15.9% below the 200-day average ($22.59), which signals a long-term downtrend.

Death Cross: The 50-day average (21.66) is below the 200-day average (22.59), which is a classic bearish signal for GameStop Corp.

Is GameStop Corp overbought or oversold?

GameStop Corp has an RSI of 28.0, which places the stock in oversold territory (below 30). WARNING: Oversold in a downtrend is NOT a buy signal. When the trend is negative, RSI can stay oversold for a long time while the price keeps falling. Wait for a trend reversal before buying.

MACD Analysis for GameStop Corp

Daily MACD: MACD is negative (-0.568), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-0.266) by 0.302, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is negative (-0.573), which indicates a broader bearish long-term trend. MACD5 is below the signal line (-0.349) by 0.224, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly MACD are negative and below their signal lines. Trend and momentum are negative across time horizons – the strongest bearish signal.

Risk Profile for GameStop Corp

GameStop Corp has an annual standard deviation of 37.6%, which classifies the stock as medium risk. The price can swing noticeably when the market moves.

Overall Technical Conclusion for GameStop Corp

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.568). Weekly bearish (-0.573).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 28.0 – oversold.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About GameStop stock in 2026

Should you buy GameStop stock now?
No, the technical signal for GameStop is currently SELL. GameStop trades at $19.02 as of 8/6/2026. The overall technical signal is: Strong Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -0.568 with falling momentum (signal: -0.266); RSI is at 28.0 (oversold), which could point to a potential buying opportunity; the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $13.50 is 29.0% below the current price. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for GameStop stock?
The average analyst price target for GameStop is $13.50. The current price is $19.02, which gives a downside of 29.0%. Based on this, the stock is considered overvalued. The fair value range (±10% of the price target) is between $12.15 and $14.85.
Is GameStop a dividend stock?
No, GameStop does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of GameStop stock?
GameStop is rated as a stock with moderate risk. the annual standard deviation is 37.6%, which classifies the stock as moderate risk. In addition, an RSI of 28.0 signals oversold (potential bottom).
Is GameStop overvalued?
Yes, GameStop is considered overvalued based on the analyst price target (29.0% above the price target). GameStop has the following valuation ratios: a P/E ratio of 16.3 (moderately valued), a P/S ratio of 2.3, a P/B ratio of 1.7. The analyst price target suggests that the stock is overvalued by 29.0%.
Is GameStop overbought?
No, GameStop is actually oversold with an RSI of 28.0 (below 30). The technical indicators show: RSI is at 28.0 (below the 30 mark), which actually signals the price is oversold – the opposite of overbought. In addition, the price is 11.2% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish). IMPORTANT: The stock is oversold in a downtrend. A low RSI in a downtrend is NOT a buy signal – the price can keep falling. Wait for a trend reversal before buying.
When is the next GameStop earnings report?
GameStop reports its next earnings on September 8, 2026. The stock currently trades at $19.02. With a P/E ratio of 16.3, the market will be watching closely whether earnings meet expectations. The RSI is at 28.0, so the report can reinforce the current technical trend.
Is GameStop shorted?
Yes, GameStop is shorted with 13.5% of the free float sold short. This is a very high level of short selling, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains. Data is updated daily based on official filings with the SEC.
Are insiders buying GameStop stock?
No, insiders are not buying GameStop shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 3 sales. On a net basis, 406,587 $ worth of shares were sold. Across the last 20 reported transactions, the split is 10 purchases and 10 sales, with a net 31,706,898 $ bought. Active sellers include Robinson Mark Haymond, Moore Daniel William, Mark Haymond Robinson and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is GameStop a good stock?
Based on our total score, GameStop is rated as a mediocre stock with a total score of 55 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 76/100, Quality: 61/100, Momentum: 27/100. In addition: the price target is 29.0% below the current price; technical signal: Strong Sell. Whether GameStop is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for GameStop stock?
The outlook for GameStop based on current data: the average analyst price target is $13.50 (-29.0%); the stock is in a downtrend (below SMA50 and SMA200); the next earnings report is due on 9/8/2026, which can move the price; the P/E ratio is 16.3 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is GameStop stock falling?
GameStop is falling right now. The technical indicators show: the price is 11.2% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 13.5% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can GameStop go?
The average analyst price target for GameStop is $13.50, which is 29.0% below the current price of $19.02. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can GameStop fall?
We lack enough history to give a specific floor for GameStop. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does GameStop do?
GameStop Corp. er en specialforhandler, der driver butikker og e-handelsplatforme, hvor de sælger spil og underholdning. De tjener primært penge på at sælge nye og brugte spilkonsoller, tilbehør som controllere og VR-produkter, samt spilsoftware. GameStop sælger også digitalt ... The company belongs to the Cyklisk forbrug sector, more specifically the Specialty Retail industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate GameStop as an investment.
Did GameStop raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from GameStop. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is GameStop making money or losing money?
Yes, GameStop is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 20.5% — which is excellent. The operating margin (profit before interest and taxes) is 16.6%. At a P/E ratio of 16.3, you currently pay 16.3 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can GameStop go bankrupt?
The bankruptcy risk of GameStop is rated as low. Altman Z2 (a model for assessing financial distress) is 7.66 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 6 — which is average. Debt relative to equity is 19% (low). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does GameStop have a lot of debt?
No, GameStop has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 19%. For the cyklisk forbrug sector, anything below 80% counts as low debt. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.