GameStop (GME) Stock: What Analysts Expect from Earnings Tuesday?

TLDR

GameStop reports Q4 2025 results before market open on March 24, 2026
Analysts forecast EPS of $0.37 (up from $0.30 a year ago) and revenue of $1.47 billion (+15% YoY)
GME is up ~14% year-to-date, trading around $23.27 with a 52-week range of $19.93–$35.81
GameStop holds $8.8 billion in cash and Bitcoin worth ~$519 million on its balance sheet
Insiders net bought 517,000 shares in the last 90 days; average analyst rating remains “Reduce” with a $13.50 target

GameStop is heading into its Q4 2025 earnings report on a run. The stock is up roughly 14% year-to-date, fueled by renewed retail investor enthusiasm and optimism around CEO Ryan Cohen’s strategy.

GameStop Corp., GME

The results drop before the market opens on Tuesday, March 24, with an earnings call at 4:00 PM ET.

Wall Street is looking for EPS of $0.37, up from $0.30 in the same quarter last year. Revenue is expected to hit $1.47 billion, a 15% jump year-over-year, according to TipRanks data.

That would be a meaningful step up from Q3, where GameStop posted adjusted EPS of $0.24 — beating the $0.18 estimate — but revenue fell 4.6% year-over-year to $821 million. The top-line miss reflected ongoing pressure from the industry’s continued shift to digital.

The stock currently trades around $23.27, with a 52-week range of $19.93 to $35.81. Its 50-day moving average sits at $23.34 and its 200-day at $23.11. Market cap is $10.43 billion, with a P/E ratio of 28.38 and a beta of 2.12.

What the Market Is Watching

Three things are front and center for investors heading into Tuesday. First, updates on GameStop’s Bitcoin treasury strategy — how much has been acquired and what it means for the company’s valuation. Second, whether the company can return to actual revenue growth after the recent top-line declines. Third, any clarity from Cohen on capital allocation, including whether an acquisition is on the table.

GameStop’s balance sheet is hard to ignore. The company ended Q3 with $8.8 billion in cash and marketable securities, nearly double the $4.6 billion it held a year earlier. It also carried Bitcoin worth around $519 million — a deliberate part of its treasury approach.

The quick ratio stands at 9.77 and the current ratio at 10.39, reflecting a company that is, at least financially, in solid shape despite the top-line pressure.

Analyst and Insider Signals Are Mixed

On the analyst side, the picture is cautious. Weiss Ratings upgraded GME from “sell (D+)” to “hold (C-)” in February. But the average rating on MarketBeat remains “Reduce,” with a price target of $13.50 — well below current trading levels.

Insider activity tells a different story. Over the past 90 days, insiders net bought 517,000 shares worth roughly $10.9 million. Director Lawrence Cheng picked up 5,000 shares at $22.87 in January. General Counsel Mark Robinson did sell 12,200 shares at $21.00 in the same period, a 10.4% reduction in his position.

Institutional ownership sits at 29.21% of the float. Several funds — including Panagora Asset Management and UMB Bank — added modestly to their positions in Q3 and Q4.

GME closed Q4 2025 with its Bitcoin holdings at approximately $519 million, and the market will be watching closely on March 24 to see if the numbers can back up the year-to-date rally.