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GameStop Corp. (GME) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$24.03
Market reference
Price Target
$18.25
-24.1% Upside
Target Range
$11.50 — $25.00
Very wide disagreement
Analyst Rating
Hold
36 analysts
Forward P/E24.3x
Trailing P/E72.8x
Forward PEG—
Implied Growth+38.9%
Median Target$18.25
Analyst Spread74.0%

GME trades 24.1% above the consensus target of $18.25. Current price reflects optimism beyond analyst expectations.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$24.03
Consensus$18.25
High$25.00
Low$11.50
Model$40.76
Bear Case
$12
-52.1%
Consensus
$18
-24.1%
Bull Case
$25
+4.0%
Valuation Model TargetsConfidence: 54/100
Bear$10
Base$41
Bull$-20

Analyst Ratings Distribution

Breakdown of 36 published analyst recommendations for GME

56% hold / mixed conviction
-6
BearishBullish
Weighted analyst sentiment score based on 36 ratings
ConsensusHold
Coverage36 Analysts
Net Score-6
Bull / Bear17% / 28%
Strong Buy00%
Buy617%
Hold2056%
Sell1028%
Strong Sell00%
Strong Buy
00%
Buy
617%
Hold
2056%
Sell
1028%
Strong Sell
00%
Recommendation Mix17% Buy · 56% Hold · 28% Sell
Buy (6)Hold (20)Sell (10)

GME Price Target Analysis

Updated March 2, 2026

As of March 2, 2026, GameStop Corp. (GME) has a Wall Street consensus price target of $18.25, based on estimates from 36 covering analysts. With the stock currently trading at $24.03, this represents a potential downside of -24.1%. The company has a market capitalization of $10.76B.

Analyst price targets range from a low of $11.50 to a high of $25.00, representing a 74% spread in expectations. The median target of $18.25 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.

The current analyst consensus rating is Hold, with 6 analysts rating the stock as a Buy or Strong Buy,20 rating it Hold, and 10 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.

From a valuation perspective, GME trades at a trailing P/E of 72.8x and forward P/E of 24.3x. Analysts expect EPS to grow +38.9% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $40.76, with bear and bull scenarios of $10.23 and $-19.64 respectively. Model confidence stands at 54/100, reflecting moderate uncertainty in projections.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Cyclical stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside-26.6%
Avg Forward P/E14.7x
Peers with Coverage3 / 4
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
GMEGameStop Corp.
$10.8B$24.03$18.25-24.1%Hold24.3x36
NEGGNewegg Commerce, Inc.$866.0B$44.46$7.75-82.6%Buy—1
BBYBest Buy Co., Inc.$13.0B$61.97$78.50+26.7%Hold9.9x40
ODPThe ODP Corporation$843M$28.00——Buy9.9x4

Upside Potential Comparison

BBY
+26.7%
GME
-24.1%
NEGG
-82.6%

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Frequently Asked Questions

What is the GME stock price target for 2026?

GME's consensus price target is $18.25, -24.1% below the current price of $24.03. The 36 analysts tracking GME see downside risk at present valuations.

Is GME a buy, sell, or hold?

GME has a consensus rating of "Hold" based on 36 Wall Street analysts. The rating breakdown is leaning bearish, with 10 Sell/Strong Sell ratings. The consensus 12-month price target of $18.25 implies -24.1% downside from current levels.

Is GME stock overvalued or undervalued?

GME trades at a forward P/E of 24.2727x, representing a moderate valuation. With analysts targeting $18.25 (-24.1% implied move), the stock appears close to fair value.

How high can GME stock go?

The most bullish Wall Street analyst has a price target of $25 for GME, while the most conservative target is $11.5. The consensus of $18.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $-20 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover GME stock?

GME is heavily covered by Wall Street, with 36 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 20 recommend Hold, and 10 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the GME stock forecast?

The 12-month GME stock forecast based on 36 Wall Street analysts shows a consensus price target of $18.25, with estimates ranging from $11.5 (bear case) to $25 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $41, with bear/bull scenarios of $10/$-20.

What is GME's fair value based on fundamentals?

Our quantitative valuation model calculates GME's fair value at $41 (base case), with a bear case of $10 and bull case of $-20. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

What is GME's forward P/E ratio?

GME trades at a forward P/E ratio of 24.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 72.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy GME stock?

Analysts are cautious on GME, with 10 Sell ratings and a price target of $18.25 (-24.1% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do GME price targets vary so much?

GME analyst price targets range from $11.5 to $25, a 74% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $18.25 consensus represents the middle ground. Our model's $10-$-20 range provides an independent fundamental perspective.

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