Yorkville Ives starts coverage with USD 32.00 target for GameStop stock

Published on 10/15/2026 at 20:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal second-quarter revenue fell 18.70 percent to USD 790.20 million. GameStop stock costs EUR 24.82 on October 15, 2026 at 8:14 p.m. CEST.

Analyst target and earnings

Yorkville Ives initiated coverage with an outperform rating and a USD 32.00 target on October 7, 2026.
Fiscal second-quarter revenue fell 18.70 percent to USD 790.20 million for the period ended August 1, 2026.
GameStop stock costs EUR 24.82 at Lang & Schwarz on October 15, 2026 at 8:14 p.m. CEST.
GameStop had a P/E ratio of 18.11 and market capitalization of USD 14.1 billion on October 15, 2026.

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Yorkville Ives initiated coverage of GameStop Corp. with an outperform rating and a USD 32.00 price target on October 7, 2026, according to Investing.com. The target was set against a USD 24.64 price cited in the report, implying 29.87 percent upside at that reference level. GameStop stock was at EUR 24.82 at Lang & Schwarz on October 15, 2026 at 8:14 p.m. CEST.

Profitability offsets lower revenue

GameStop's fiscal second-quarter revenue fell 18.70 percent year over year to USD 790.20 million for the period ended August 1, 2026. Operating income rose 141.27 percent to USD 160.20 million from USD 66.40 million a year earlier, while collectibles revenue increased 56.50 percent to USD 356.30 million, according to Barchart. The figures show a sharper split between the shrinking games business and the faster-growing collectibles category.

Adjusted EBITDA guidance for fiscal 2026 was raised to more than USD 650.00 million from more than USD 600.00 million. Adjusted EBITDA for the first half of fiscal 2026 reached USD 339.70 million, giving the profitability target a quantified interim benchmark.

Stock valuation and trading range

On the NYSE, GameStop last traded at USD 27.94 on October 15, 2026 at 2:22 p.m. ET. The same market snapshot put the 52-week range at USD 17.79 to USD 28.22, with the upper boundary only USD 0.28 above the quoted price. Trading volume reached 8,415,193 shares against an average of 8,322,915.

Valuation and upcoming date

GameStop had a market capitalization of USD 14.1 billion and a P/E ratio of 18.11 on October 15, 2026. A market calendar lists December 8, 2026 as the next earnings entry, while the latest reported results were released on September 8, 2026, according to Kaplio.

Comparison with peers

GME (NYSE, USD): P/E 18.11, market capitalization USD 14.1 billion

Best Buy (NYSE, USD): plus 5.05 percent, P/E 15.57, market capitalization USD 19.6 billion

Chewy (NYSE, USD): plus 2.33 percent, P/E 32.30, market capitalization USD 8.6 billion

Price remains the market frame

The combination of a USD 32.00 analyst target, improving operating income and a USD 28.22 52-week high leaves GameStop trading near the upper end of its annual range. The contrast between lower fiscal second-quarter revenue and higher profitability remains central to how the stock is being valued.

GameStop stock was trading at EUR 24.82 at Lang & Schwarz on October 15, 2026 at 8:14 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of GameStop stock.