Is GameStop Stock (GME) a Buy Ahead of Q4 Earnings?

Video game retailer GameStop GME -2.24% ▼ is expected to report its fourth-quarter 2025 results on Tuesday, March 24. The meme stock has gained about 14% year-to-date, driven by renewed retail investor interest and optimism around CEO Ryan Cohen’s plan to shift toward higher-margin e-commerce and collectibles. Whether GME stock is a buy now depends on whether upcoming earnings can show real progress in its turnaround and justify the recent rally.

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What Do Analysts Expect on March 24?

Wall Street is expecting a stronger quarter from GameStop as it prepares to report results on March 24. Analysts forecast earnings of $0.37 per share, up from $0.30 a year ago, while revenue is expected to rise 15% year-over-year to $1.47 billion, according to TipRanks data.

During the earnings call, investors will focus on a few key areas:

• Updates on GameStop’s Bitcoin strategy, including how much has been bought and its impact on the company’s value.

• Whether the company can return to revenue growth after recent declines despite strong earnings.

• Signs that profits can hold up and clarity on CEO Ryan Cohen’s capital plan, with any new acquisition acting as a potential catalyst.

GameStop’s Q3 Shows Profit Beat despite Sales Pressure

In the last reported quarter, GameStop posted adjusted EPS of $0.24, beating Wall Street’s estimate of $0.18. However, revenue fell 4.6% year-over-year to $821 million, missing expectations as the industry continues to shift toward digital sales.

Despite the weak sales, GameStop’s balance sheet remained strong. The company ended the quarter with $8.8 billion in cash and marketable securities, up sharply from $4.6 billion a year ago. It also held Bitcoin worth about $519 million, maintaining its position as part of its treasury strategy.

AI Analyst Is Cautious on GME Stock Ahead of Q4 Print

Ahead of the results, TipRanks’ AI Analyst maintained a Neutral rating on the stock with a price target of $25.00 per share. The price target suggests about 9.55% upside from current levels.

According to TipRanks’ A.I. Stock Analysis, GameStop stock scores 62 out of 100. The model highlights “improving profitability, stronger cash flow, and a healthier balance sheet” as positives, but weak technical trends and valuation concerns keep the outlook cautious.

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