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Should Investors Chase the Rally in GameStop (GME) Stock After Q4 Earnings?

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GameStop (GME - Free Report)  shares popped +11% in today’s trading session as the world’s largest video game retailer was able to crush its Q4 earnings expectations after-market hours on Tuesday.

Fueling the rally, GameStop also announced its attention to invest in Bitcoin in a bid to make use of its growing cash pile. Certainly, investors may be wondering if they should chase the post-earnings rally in the infamous meme stock with GME sitting on +100% gains over the last year but still down 16% in 2025.

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GameStop’s Q4 Results

Thanks to its cost-cutting initiatives, GameStop reported Q4 net income of $131.3 million or $0.30 per share which crushed EPS expectations of $0.09. Year over year, Q4 earnings spiked from $63.1 million in the comparative quarter or $0.22 a share.

This was despite Q4 sales of $1.28 billion missing estimates of $1.45 billion and falling from $1.79 billion in the prior period. 

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Full-Year Results

Rounding its operating year for fiscal 2025, GameStop's annual earnings spiked to $0.33 per share from EPS of $0.06 in FY24. That said, GameStop’s declining revenue has continued with total sales dropping to $3.82 billion versus $5.27 billion in FY24.

Over the years, the steep decline in revenue has been attributed to a shift to digital gaming and increased competition from retailers such as Best Buy (BBY - Free Report) , Walmart (WMT - Free Report) , and Amazon (AMZN - Free Report) .

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GameStop’s Impressive Balance Sheet

Correlating with the decision to invest in Bitcoin, GameStop’s cash & equivalents have ballooned to $4.75 billion from $921.7 million a year ago.

Further echoing the turnaround in GameStop’s operating efficiency is that the company now has $5.87 billion in total assets compared to $945.6 million in total liabilities.

 

Bottom Line

While it may be tempting to chase the rally in GameStop’s stock there could be better buying opportunities ahead. To that point, at $28 a share, GME still trades at a stretched premium in terms of valuation although GameStop’s management appears to have the company headed in the right direction despite the continued decline in revenue. 

GameStop’s Q4 Results

Thanks to its cost-cutting initiatives, GameStop reported Q4 net income of $131.3 million or $0.30 per share which crushed EPS expectations of $0.09. Year over year, Q4 earnings spiked from $63.1 million in the comparative quarter or $0.22 per share.

This was despite Q4 sales of $1.28 billion missing estimates of $1.45 billion and falling from $1.79 billion a year ago.

Chart 

GameStop’s Q4 Results

Thanks to its cost-cutting initiatives, GameStop reported Q4 net income of $131.3 million or $0.30 per share which crushed EPS expectations of $0.09. Year over year, Q4 earnings spiked from $63.1 million in the comparative quarter or $0.22 per share.

This was despite Q4 sales of $1.28 billion missing estimates of $1.45 billion and falling from $1.79 billion a year ago.

Chart 


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