GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...

GameStop is set to release its first quarter (Q1) fiscal 2025 earnings after the market closes on Tuesday, 10 June 2025. Analysts project revenue to decline approximately 14.5% year-over-year (YoY ...

"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...

GameStop cautioned the strategy is untested and bitcoin is highly volatile. ... GameStop Approves Bitcoin Investment Strategy, Reports Strong Quarterly Profit. Faizan Farooque . Wed, Mar 26, 2025, ...

GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes that of Strategy, ... GameStop posted a rise in fourth-quarter profit, ...

March 25 (Reuters) - GameStop (GME.N), opens new tab said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. Sign up here. Strategy said that ...

What do GameStop and Trump's Bitcoin investments mean? Analyze their impact on future institutional crypto adoption and ...

GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...