GameStop Corporation ( GME ) shares are trending Wednesday on the heels of the company’s fourth-quarter financial results. Here’s a look at the key highlights from the report.
GameStop ( GME ) stock is trading near recent lows. Where are GME shares going?
GameStop ( GME ) reported adjusted earnings per share of 49 cents, beating the consensus estimate of 37 cents. In addition, the company reported revenue of $1.10 billion, missing the consensus estimate of $1.46 billion and representing a 14% year-over-year decline.
Hardware and Accessories sales totaled $535.6 million, down from $725.8 million year-over-year, while Software revenue came in at $203.7 million, down from $286.2 million. Meanwhile, collectibles revenue rose to $365 million, up from $270.6 million in the prior year period.
GameStop ( GME ) ended the quarter with $9.0 billion in cash, cash equivalents and marketable securities, up from $4.8 billion at the close of the prior year's fourth-quarter. Bitcoin and related receivables were valued at $368.4 million at the end of the quarter.
GameStop ( GME ) is trading 4.4% below its 20-day SMA and 0.8% above its 100-day SMA, showing short-term pressure while the intermediate trend is trying to stabilize. Shares are down 10.35% over the past 12 months and are currently positioned closer to their 52-week lows than highs.
The RSI is at 41.89, which sits in neutral territory but leans toward weaker momentum. Meanwhile, MACD is at -0.1959 versus a signal line at -0.0136, a bearish configuration that points to downside pressure still outweighing upside thrust.
The combination of RSI in the 30–50 range and bearish MACD suggests mixed momentum.
Key Resistance: $24.00
Key Support: $22.00
Below is the Benzinga Edge scorecard for GameStop ( GME ), highlighting its strengths and weaknesses compared to the broader market:
Momentum: Neutral (Score: 31.58) — The stock's trend signals are improving but still lack strong follow-through versus the broader market.
Value: Neutral (Score: 67.75) — Valuation reads more balanced than extreme, though the stock can still trade on sentiment swings.
Growth: Strong (Score: 93.9) — The scorecard flags growth characteristics, which can support upside interest when risk appetite is high.
The Verdict: GameStop’s Benzinga Edge signal reveals a growth-heavy profile with only moderate momentum. If the stock can build on sector strength and push back above nearby moving averages, the setup improves; if not, the $22.00 area remains the key line in the sand.
GME Price Action: At the time of writing, GameStop ( GME ) shares are trading 0.04% lower at $22.80, according to data from Benzinga Pro.
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