What is the highest price GameStop?

What price could GME realistically reach?

The 2 analysts offering 12-month price forecasts for GameStop Corp have a median target of 13.25, with a high estimate of 20.00 and a low estimate of 6.50. The median estimate represents a -40.74% decrease from the last price of 22.36.

Why is GME price high?

In the case of GameStop, a deliberate campaign was arranged via social media (particularly Reddit) for individuals to purchase GameStop shares, thus driving the price higher. As a result, some estimates place the loss to institutional investors in January 2021 alone at around 20 billion U.S. dollars.

What is GME fair price?

GME Price Targets Summary

According to Wall Street analysts, the average 1-year price target for GME is 13.52 USD with a low forecast of 6.57 USD and a high forecast of 21 USD.

Is GameStop overvalued or undervalued?

The current year Free Cash Flow is expected to grow to about 196.4 M, whereas Enterprise Value is forecasted to decline to about 5.5 B. GameStop Corp retains a regular Real Value of $17.32 per share. The prevalent price of the firm is $23.02. At this time, the firm appears to be overvalued.

GameStop share trading explained - BBC News

What is the most overvalued stock?

How much PE is undervalued?

Although earnings growth rates can vary among different sectors, a stock with a PEG of less than 1 is typically considered undervalued because its price is considered low compared to the company's expected earnings growth.

When did GME hit 483?

The GameStop crash was all but inevitable as investors, specifically subscribers to the r/WallStreetBets subreddit, pushed GameStop (Ticker: GME) from $18.84 per share on Dec. 31 to $483 during intraday trading on Jan. 28.

How should I buy GME stock?

How to Buy GME Stock With a Brokerage Account. Any investor can buy GameStop stock through a broker. Remember, the stock trades on the New York Stock Exchange under the GME ticker. If you don't already have a brokerage account, you'll need to set one up before you start trading.

How much short is GME?

The short volume for $GME is 64.180% on 2023-03-13. The short sale volume is 0.64M, long sale volume is 0.36M. The total volume is 1M. The short sale volume is -12% compared to 2023-03-10.

Will GME reach $100?

GME Stock Can Easily Hit the $100 Mark in 2023

It's fine to hope for a massive short squeeze.

Is pump and dump illegal?

Key Takeaways

Pump-and-dump is an illegal scheme to boost a stock's or security's price based on false, misleading, or greatly exaggerated statements. Pump-and-dump schemes usually target micro- and small-cap stocks. People found guilty of running pump-and-dump schemes are subject to heavy fines.

Will GameStop ever go back up?

Based on the volatility of GME shares in 2022, we can say that GameStop's retail investors endured an extremely difficult year much better than many expected. So expect GME to flourish again in 2023, especially in the event of growth in the broader market.

How much will GME stock be worth in 5 years?

Based on our forecasts, a long-term increase is expected, the "GME" stock price prognosis for 2028-03-29 is 68.387 USD. With a 5-year investment, the revenue is expected to be around +212.84%. Your current $100 investment may be up to $312.84 in 2028.

Is it worth it to buy GameStop stock?

GameStop Corp. - Buy. Zacks' proprietary data indicates that GameStop Corp. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the GME shares relative to the market in the next few months.

Is it smart to invest in GameStop right now?

Plenty of time has passed since the January 2021 irrational GME stock rally. But the stock is still trading over and above what it used to trade for before 2021. GameStop's fundamentals have not improved. GME stock remains a horrible investment.

Who has the most GME shares?

Who owns Gamestop? Gamestop (NYSE: GME) is owned by 27.96% institutional shareholders, 10.63% Gamestop insiders, and 61.41% retail investors. Ryan Cohen is the largest individual Gamestop shareholder, owning 9.10M shares representing 2.99% of the company. Ryan Cohen's Gamestop shares are currently valued at $203.41M.

Did GME ever hit $300?

Today, GameStop shareholders were handed a huge win as the shares closed above $300/share for the third time in the company's history.

Is GME in a short squeeze?

In January 2021, a short squeeze of the stock of the American video game retailer GameStop (NYSE: GME) and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers.

How high did GME go during short squeeze?

GameStop (NYSE: GME): Short Squeeze Example

The short interest on GameStop was in excess of 130% and even peaked over 140% at one point, i.e. the short interest was greater than the actual shares outstanding, a rare sight to see, meaning that many GME shares were “borrowed” multiple times as part of the short selling.

What is a healthy PE for a stock?

To give you some sense of what average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range.

How much PE is good for a stock to buy?

As far as Nifty is concerned, it has traded in a PE range of 10 to 30 historically. Average PE of Nifty in the last 20 years was around 20.* So PEs below 20 may provide good investment opportunities; lower the PE below 20, more attractive the investment potential.

How high is too high PE ratio?

The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.