GameStop (GME) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.27
- Estimate
- $0.27
- Surprise
- —
- Revenue (period 2026-08-01)
- $790.2M
- Score at report (before → after)
- 5.9 → 5.9/10
Revenue source: xbrl.
How the report landed
GameStop (GME) reported adjusted EPS of $0.27, in line with the $0.27 estimate. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Sell at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates GME Sell at 5.7/10.
3 of the last 4 quarters beat the estimate. Next scheduled report: 2026-12-08.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Concentration risk — Supplier: Nintendo, Sony, and Pokemon
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3)
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $23.36
- Price target
- $27.73
- Stop
- $22.62
- Upside to target
- +18.7%
The stock trades at 15.7× trailing but 12.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
GME at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Specialty Retail
- Market cap
- $12.06B
- P/E (fwd)
- 12.8
- P/E (ttm)
- 15.7
- 52-week range
- $17.79–$28.30
- Off 52-week high
- 17.5%
- RSI (14)
- 43
- Volume vs avg
- 0.51×
- Score today
- 5.7/10