Gme target price over the next 6 months

The target price for GameStop (GME) over the next six months is expected to be around $11.00, with a high forecast of $11.55 and a low forecast of $5.81.

1. Analyst Ratings and Price Targets:
   • The consensus rating for GME is "Sell" with no "Buy" or "Hold" ratings given in the past 3 months.
   • The average price target over the last 3 months is $11.00, with a high forecast of $11.55 and a low forecast of $5.81.
2. Market Sentiment and Performance:
   • GME's stock has experienced a significant decline, with a recent price fall of 1.20% on September 3, 2024.
   • The stock has a current sentiment that is bullish, with a fear and greed index indicating fear.
3. Financial Forecast:
   • GME is expected to have a negative earnings per share of -$0.09 for the next quarter, with a range of -$0.16 to -$0.01.
   • The company's stock has underperformed its overall industry in the last calendar year.
4. Technical Analysis:
   • GME's stock holds a general sell signal from both short and long-term moving averages.
   • The stock has a 50-day simple moving average of $23.46 and a 200-day simple moving average of $18.26.

In summary, the target price for GME over the next six months is expected to be around $11.00, with a high forecast of $11.55 and a low forecast of $5.81. This indicates a cautious outlook from analysts, with a consensus rating of "Sell" and a recent trend of stock price decline. Investors should consider these factors along with the company's financial performance and market sentiment when making investment decisions.