GameStop Company Valuation & Strategic Insights — October 2026
An illustrative valuation and strategic read of GameStop: valuation methods side by side, operating benchmarks against the peer set, the precedent tape and the strategic options the evidence supports.
Key figures
- $5.98
- Median of the valuation methods
- 9.5x
- Median EV / LTM EBITDA paid for control
Read the report
1 / 11 · GAMESTOP CORP. (GME) · CONSUMER DISCRETIONARY › CONSUMER DISCRETIONARY DISTRIBUTION AND RETAIL › CONSUMER ELECTRONICS RETAIL
Executive summary
GameStop Corp. (GME) is presented against its peer set, its precedent transactions and its own trajectory; the methods' median stands at $5.98 against a $23.76 price.
Key findings
- GameStop trades ahead of its benchmarks — the methods' median sits -75% from the price
- Growth of -28.0% at a n/a EBITDA margin — a profile priced for durability, not expansion
- On a small set of 4 precedent transactions, control has cost 9.5x EV / LTM EBITDA
What each page shows
The analyst’s walkthrough of the deck, page by page.
- 01COMPANY VALUATION & STRATEGIC INSIGHTS
GAMESTOP CORP. (GME) · CONSUMER DISCRETIONARY › CONSUMER DISCRETIONARY DISTRIBUTION AND RETAIL › CONSUMER ELECTRONICS RETAIL
GAMESTOP CORP. (GME) · CONSUMER DISCRETIONARY › CONSUMER DISCRETIONARY DISTRIBUTION AND RETAIL › CONSUMER ELECTRONICS RETAIL.
Cover — GameStop Corp. (GME) valuation & strategic insights, Oct 1, 2026. The deck answers: what the methods imply, how the market has priced the company, where it ranks operationally, what buyers have paid, and what the strategic options are. All valuation content is illustrative, not an opinion of value. 1
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COMPANY VALUATION & STRATEGIC INSIGHTS GAMESTOP CORP. (GME) · CONSUMER DISCRETIONARY › CONSUMER DISCRETIONARY DISTRIBUTION AND RETAIL › CONSUMER ELECTRONICS RETAIL GameStop: Trading Ahead of What Its Benchmarks Imply Valuation perspectives, market context and strategic options for GameStop Corp. (GME), as of Oct 1, 2026. Illustrative analysis — not an opinion of value. Oct 1, 2026 snapshot Prepared by NeuraCap AI · Confidential Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 1
- 02THE BOTTOM LINE
Where GameStop Stands, on the Evidence — and the Options That Follow
Where GameStop Stands, on the Evidence — and the Options That Follow.
Where GameStop Stands, on the Evidence — and the Options That Follow GameStop (GME) · Oct 1, 2026 · valuation methods, market record, operating benchmarks, precedent transactions Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. 2
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THE BOTTOM LINE Where GameStop Stands, on the Evidence — and the Options That Follow GameStop (GME) · Oct 1, 2026 · valuation methods, market record, operating benchmarks, precedent transactions Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 2 1 GameStop Trades Ahead of Its Benchmarks — the Methods' Median Sits -75% from the Price Median of the valuation methods: $5.98 against $23.76 in the market. The valuation page shows where each method sits and what carries the gap. 2 Growth of -28.0% at a N/a EBITDA Margin — a Profile Priced for Durability, Not Expansion CY2027E estimates. At this stage the market pays for margin defence and cash conversion, not the growth line — the benchmarking page shows which of the two the company actually leads on. 3 On a Small Set of 4 Precedent Transactions, Control Has Cost 9.5x EV / LTM EBITDA A small set is a reference, not a statistic: it shows what buyers have paid for whole companies in this category, read deal by deal rather than as a trend. The M&A page reads which of those deals genuinely map onto GameStop, and the roadmap draws the options that follow. $5.98 Median of the valuation methods vs the $23.76 share price — a -75% gap the deck explains 9.5x Median EV / LTM EBITDA paid for control across a small set of 4 precedent transactions
- 03FOOTBALL FIELD VALUATION
The Market, the Peers and the Buyers Each Price This Company Differently
The Market, the Peers and the Buyers Each Price This Company Differently.
The Market, the Peers and the Buyers Each Price This Company Differently Oct 1, 2026 snapshot · each bar = the method's median multiple ±10%, applied to the company's own financials · Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. 3
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FOOTBALL FIELD VALUATION The Market, the Peers and the Buyers Each Price This Company Differently Oct 1, 2026 snapshot · each bar = the method's median multiple ±10%, applied to the company's own financials · Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 3 Each bar applies a method's median multiple, ±10%, to the company's own financials; the amber line is the $23.76 share price and the teal line the methods' median at $5.98. $0 $10 $20 $30 Multiples teal line = median of the valuation methods (-75% vs the share price) · amber line = current share price · shaded band = middle half of the methods TRADING 52-Week High-Low $17.79 $28.10 Analyst target range $12.00 $25.00 PUBLIC COMPARABLES EV / 2026E Revenue $5.38 $6.58 0.47x – 0.57x EV / 2027E Revenue $4.29 $5.25 0.47x – 0.57x P/E (2026E Non-GAAP EPS) $16.29 $19.91 13.01x – 15.90x P/E (2027E Non-GAAP EPS) $7.30 $8.92 17.29x – 21.14x PRECEDENT TRANSACTIONS EV / NTM Revenue $5.10 $6.24 0.43x – 0.53x Methods median $5.98 Share price $23.76
- 04MARKET PRICES & THE FILING RECORD
Twelve Months of Investor Sentiment, Read Through the Record
Twelve Months of Investor Sentiment, Read Through the Record.
Twelve Months of Investor Sentiment, Read Through the Record Weekly closes, Oct 5, 2025 – Oct 1, 2026 · range $17.87 – $26.53 · last $23.76 · numbered markers = the filings below Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Move-to-event links use calibrated language; where no filing explains a move, the page says so. 4
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MARKET PRICES & THE FILING RECORD Twelve Months of Investor Sentiment, Read Through the Record Weekly closes, Oct 5, 2025 – Oct 1, 2026 · range $17.87 – $26.53 · last $23.76 · numbered markers = the filings below Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Move-to-event links use calibrated language; where no filing explains a move, the page says so. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 4 $20 $25 2025-10 2025-11 2026-01 2026-03 2026-05 2026-07 2026-09 1 2 3 4 5 6 7 8 The year's turns line up with the numbered filings — starting with the Shareholder Meeting, Proxy & Voting Matter on Jan 11, 2026. 1 Jan 11, 2026 · Shareholder Meeting, Proxy & Voting Matter Filed 8-K - 2026-01-08 - GameStop filed an 8-K announcing a performance-based stock option award for CEO Ryan Cohen and notifying shareholders of a proxy solicitation for a special meeting to approve the award. 2 Mar 29, 2026 · Earnings Release & Result of Operations Filed 8-K - 2026-03-24 - GameStop reported Q4 and FY2025 results, showing net sales of $1.104 billion and $3.630 billion respectively, with adjusted net income of $291.4 million for the quarter and $647.4 million for the year. 3 May 10, 2026 · Investor Communication, Presentation & Reg FD Disclosure Filed 8-K - 2026-05-04 - GameStop filed an 8-K announcing a non-binding proposal to acquire eBay, attaching the offer letter, press release, investor presentation and fact sheet as exhibits. 4 Jun 7, 2026 · Earnings Release & Result of Operations Filed 8-K - 2026-06-02 - GameStop reported record first-quarter 2026 results with $389.6 million net income, $143.3 million operating income, and $9.7 billion in cash and marketable securities, and announced a $2.0 billion share-repurchase authorization. 5 Jun 28, 2026 · Financial Guidance & Outlook Filed 8-K - 2026-06-26 - GameStop forecasts fiscal year 2026 Adjusted EBITDA of more than $600 million, up from $345.4 million in fiscal year 2025. 6 Jun 28, 2026 · Compensation & Benefit Arrangement Filed 8-K - 2026-06-23 - On June 23, 2026 GameStop Corp. announced it is withdrawing the proposed CEO performance award that had been included in its proxy statement, at the request of Mr. Cohen.
- 05PERFORMANCE METRICS
A Maturing Growth Profile the Estimates Expect to Hold
A Maturing Growth Profile the Estimates Expect to Hold.
A Maturing Growth Profile the Estimates Expect to Hold CY2025 – CY2027E · bars = level, line = growth / margin · estimates are the platform's, shown as published Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Growth and margin are computed from the published series; estimate years are marked E. 5
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PERFORMANCE METRICS A Maturing Growth Profile the Estimates Expect to Hold CY2025 – CY2027E · bars = level, line = growth / margin · estimates are the platform's, shown as published Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Growth and margin are computed from the published series; estimate years are marked E. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 5 Revenue with growth on the line; EBITDA with the EBITDA margin alongside. The outlook the estimates carry is steadier revenue on a broadly held margin — the market's question is whether that stability re-rates or merely persists. REVENUE & REVENUE GROWTH 2025 $3.8B 2026E $2.7B 2027E -28.0% bars: revenue (navy = actual, blue = estimate) · line: revenue growth EBITDA & EBITDA MARGIN $345M 2025 2026E 2027E bars: ebitda (navy = actual, teal = estimate) · line: ebitda margin
- 06INVESTMENT BANKING KPI BENCHMARKING
Where GameStop Ranks on the KPIs Buyers Price
Where GameStop Ranks on the KPIs Buyers Price.
Where GameStop Ranks on the KPIs Buyers Price GameStop (GME) highlighted · vertical line = peer average excluding the target Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Each bar is a company; the line is the peer average excluding the target. Position against that line is the cleanest one-look read of relative operating quality — and of which gaps are worth management attention. 6
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INVESTMENT BANKING KPI BENCHMARKING Where GameStop Ranks on the KPIs Buyers Price GameStop (GME) highlighted · vertical line = peer average excluding the target Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Each bar is a company; the line is the peer average excluding the target. Position against that line is the cleanest one-look read of relative operating quality — and of which gaps are worth management attention. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 6 CY2026 REVENUE GROWTH BBY 1.4% FNKO 2.9% NEGG 4.2% RERE 38.1% † WMT 5.7% Peer average 10.5% † bar not to scale: the value exceeds the axis set by the rest of the set and is shown at its true figure CY2026 EBITDA MARGIN BBY 6.2% FNKO 12.7% TGT 7.7% WMT 6.4% Peer average 8.3%
- 07COMPANY VALUATION METRICS
The Comparable Set, with GME Highlighted
The Comparable Set, with GME Highlighted.
The Comparable Set, with GME Highlighted The comparable set, with the target highlighted — multiples as the platform records them, outliers excluded from the summary rows and disclosed. The spread against the peer median is the market's current verdict. Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Summary rows are computed over the peer set (outlier multiples excluded); the target row is shown for reference, not included in its own benchmark. 7
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COMPANY VALUATION METRICS The Comparable Set, with GME Highlighted The comparable set, with the target highlighted — multiples as the platform records them, outliers excluded from the summary rows and disclosed. The spread against the peer median is the market's current verdict. Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Summary rows are computed over the peer set (outlier multiples excluded); the target row is shown for reference, not included in its own benchmark. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 7 Company Price EV Mkt cap CY2026E Rev CY2026E Growth CY2026E Margin P/E 2026E P/E 2027E EV/Rev 2026E EV/EBITDA 2026E GME — GameStop Corp. $23.76 $9.9B $10.7B $3.8B n/a n/a 19.0x 56.6x 2.6x n/a BBY — Best Buy Co., Inc. $88.75 $20.6B $18.7B $42.5B 1.4% 6.2% 13.2x 12.3x 0.5x 7.7x FNKO — Funko, Inc. $5.33 $520M $299M $935M 2.9% 12.7% 13.9x 22.0x 0.6x 4.4x NEGG — Newegg Commerce, Inc. $13.23 $247M $277M $1.5B 4.2% n/a n/a n/a 0.2x n/a RERE — ATRenew Inc. $3.80 $1.2B $1.4B $4.0B 38.1% n/a n/a n/a 0.3x n/a TGT — Target Corporation $156.43 $84.3B $71.1B $109B n/a 7.7% 15.0x 16.5x 0.8x 10.0x WMT — Walmart Inc. $106.80 $916B $847B $750B 5.7% 6.4% 38.0x 33.5x 1.2x 19.1x Peer average 20.0x 21.1x 0.7x 10.3x Peer median 14.5x 19.2x 0.6x 8.9x
- 08MERGERS & ACQUISITIONS
What Buyers in This Category Pay for — and How GameStop's Profile Measures Against It
What Buyers in This Category Pay for — and How GameStop's Profile Measures Against It.
What Buyers in This Category Pay for — and How GameStop's Profile Measures Against It What buyers have paid, deal by deal, read for fit with GameStop. Extended with the precedent records of BBY, FNKO because the company's own record was thin. Summary rows rest on a small set. Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Multiples are LTM/NTM at announcement where disclosed; values link to the record where a link exists. Summary rows exclude outlier multiples (disclosed on the sources page), show their n, and are suppressed (n/a) where fewer than 3 deals carry the multiple. The strategic read is a NeuraCap analytical view. * 6 of the transactions shown come from the precedent records of peers (BBY, FNKO): the company's own record held too few with disclosed terms, so the set was extended. 8
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MERGERS & ACQUISITIONS What Buyers in This Category Pay for — and How GameStop's Profile Measures Against It What buyers have paid, deal by deal, read for fit with GameStop. Extended with the precedent records of BBY, FNKO because the company's own record was thin. Summary rows rest on a small set. Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Multiples are LTM/NTM at announcement where disclosed; values link to the record where a link exists. Summary rows exclude outlier multiples (disclosed on the sources page), show their n, and are suppressed (n/a) where fewer than 3 deals carry the multiple. The strategic read is a NeuraCap analytical view. * 6 of the transactions shown come from the precedent records of peers (BBY, FNKO): the company's own record held too few with disclosed terms, so the set was extended. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 8 Announced Acquirer Target Deal value EV LTM Rev LTM EBITDA LTM EV/Rev LTM EV/EBITDA NTM EV/Rev NTM EV/EBITDA 2025-08-20 Authentic Brands Group LLC Guess?, Inc. * $863M $2.3B $3.1B $209M 0.7x 10.9x 0.7x n/a 2024-02-19 Walmart Inc. VIZIO Holding Corp. * $2.3B $2.0B $1.7B $35M 1.2x n/a 1.2x 71.3x 2022-05-13 Shift Technologies, Inc. CarLotz, Inc. $892M $903M $265M n/a 3.4x n/a n/a n/a 2022-04-01 The Aaron’s Company, Inc. BrandsMart U.S.A. * $230M n/a n/a n/a n/a 5.0x n/a n/a 2020-10-23 Lianluo Smart Ltd Newegg Inc. $1.2B $1.2B $1.8B $47M 0.7x n/a 0.5x n/a 2019-11-01 Google LLC Fitbit * $1.8B n/a n/a n/a 1.2x n/a n/a n/a 2017-07-17 Church & Dwight Co., Inc. Waterpik * $1.0B n/a n/a n/a n/a 12.9x n/a n/a 2016-01-01 Qingdao Haier Co., Ltd. Haier US Appliance Solutions, Inc. * $5.6B n/a n/a n/a n/a 8.2x n/a n/a 75th percentile 1.2x 11.4x 0.9x n/a Average 1.4x 9.2x 0.8x n/a Median 1.2x 9.5x 0.7x n/a 25th percentile 0.7x 7.4x 0.6x n/a n (deals carrying the multiple; rows suppressed below n=3) n=5 n=4 n=3 n=0 THE STRATEGIC READ The transaction record says two things. First, consolidation is how this sector resolves strategic questions — 8 recorded deals, strategics and sponsors both active, the most recent being Authentic Brands Group LLC / Guess?, Inc. (Aug 20, 2025). 6 of them come from the precedent records of peers (BBY, FNKO), because the company's own record was thin. Second, control changes hands well above where the market prices standalone names.
- 09STRATEGIC ROADMAP
The Strategic Options the Evidence Supports
The Strategic Options the Evidence Supports.
The Strategic Options the Evidence Supports NeuraCap analytical views grounded in the sector study, the latest market window and the precedent transactions · observations, not recommendations Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Each option is framed for evaluation, not as an instruction; the evidence chips show where each input comes from. 9
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STRATEGIC ROADMAP The Strategic Options the Evidence Supports NeuraCap analytical views grounded in the sector study, the latest market window and the precedent transactions · observations, not recommendations Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. Each option is framed for evaluation, not as an instruction; the evidence chips show where each input comes from. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 9 EVIDENCE Precedent transactions: 8 (6 via peers) NEAR TERM Build the Profile Buyers in This Category Pay For Buyers have paid well above the market's standalone read. The near-term work is on the drivers behind those multiples — recurring revenue share, retention, EBITDA margin durability and scale in the segments buyers value — so the company earns that premium whether or not it ever transacts. MEDIUM TERM Re-Rate Through the KPIs the Market Actually Pays For The benchmarking page separates the gaps that are structural from the ones that are executional. Closing the executional ones is the self-help path to a better multiple — independent of any deal decision. ONGOING Keep the Precedent Reference Set Current The precedent transactions are the reference set any counterparty will quote. Tracking them — and how the company's own metrics move against them — keeps every strategic conversation on prepared ground.
- 10WHAT IT MEANS
What It Means
What It Means.
What It Means The evidence translated for the people who act on it · NeuraCap view · observations, not recommendations Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. This page is analytical interpretation drawn from the recorded evidence. It is not investment advice. 10
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WHAT IT MEANS What It Means The evidence translated for the people who act on it · NeuraCap view · observations, not recommendations Source: NeuraCap analytics platform (financials, estimates, comparables, transaction record, filings); market data through 2026-10-01. This page is analytical interpretation drawn from the recorded evidence. It is not investment advice. GME Valuation & Strategy | Oct 1, 2026 | Confidential Sources & methodology 10 FOR THE BOARD & OWNERS Move the Levers That Close the Gap to the Methods' Median The methods page shows where the value sits and the benchmarking page shows which operating gaps are structural and which are executional. Revenue quality, mix and margin durability are the levers that move the multiple. FOR POTENTIAL PARTNERS & INVESTORS The Precedent Transactions Set the Reference Precedent multiples and the comparable set frame every conversation about this company; the summary rows carry the figures, each with its n. FOR ADVISORS Lead with the Disagreement, Not the Data The football field's gap between market, peers and buyers is the conversation; the benchmarking page and the transaction record are its support.
- 11SOURCES & METHODOLOGY
Sources, Methodology and Important Notice
Sources, Methodology and Important Notice.
Sources, Methodology and Important Notice How this company deck is built and what each kind of statement rests on · Oct 1, 2026 Typeface note: NeuraCap brand face is Kallisto Medium; this build renders in a standard sans (Arial). 11
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SOURCES & METHODOLOGY Sources, Methodology and Important Notice How this company deck is built and what each kind of statement rests on · Oct 1, 2026 Typeface note: NeuraCap brand face is Kallisto Medium; this build renders in a standard sans (Arial). GME Valuation & Strategy | Oct 1, 2026 | Confidential 11 OBSERVED DATA Prices, financials, estimates, comparables and the transaction record come from the NeuraCap analytics platform exactly as recorded; filings link to their source. Nothing on any page is re-derived from outside data. PEER SET & PRECEDENTS The peer set is the platform's own refined competitor list for GameStop (6 names), used as the product's company screen uses it. GameStop's own precedent record held too few transactions with a disclosed value or multiple, so the record was extended with the peers' precedent records (BBY, FNKO): 6 of the 8 transactions shown come from those records, marked * on the precedents page and de-duplicated on target and date. Summary rows are computed over the set shown and carry their n; a row resting on fewer than 3 deals is suppressed. VALUATION METHODS Each football-field bar applies a method’s median multiple, ±10% (peer multiples, or precedent-transaction multiples), to the company’s own financials; per-share values bridge enterprise value through recorded net debt and diluted shares. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. MULTIPLE QUALITY All recorded multiples passed the sanity bounds; none were excluded. INHERITED CONTEXT No sector study or weekly update was linked to this run; positioning statements are limited accordingly. DRIVER ATTRIBUTION A share-price move is linked to a filing only in calibrated language ("the move appears to reflect…"). Where no filing explains a move, the page says so. ANALYTICAL INTERPRETATION The roadmap and what-it-means pages are NeuraCap analytical views drawn from the recorded evidence, labeled as such, framed for evaluation. IMPORTANT NOTICE This report is informational only. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. It is not investment advice, not a recommendation to buy or sell any security, and not an offer of any kind. Readers should perform their own diligence before acting on anything described here. Linked sources: sec.gov
Sources and methodology
GameStop's financials, share price, market capitalisation and enterprise value are as recorded from its SEC filings and market data as of October 1, 2026; forward figures are analyst consensus estimates. The peer set is the listed companies whose business most closely overlaps GameStop's, selected by comparing reported business segments: Best Buy Co., Inc. (BBY), Funko, Inc. (FNKO), Newegg Commerce, Inc. (NEGG), ATRenew Inc. (RERE), Target Corporation (TGT), Walmart Inc. (WMT). Peer multiples, growth and margins are computed from their filings, consensus estimates and market prices as of October 1, 2026.
What this report is built from
GameStop's financials, share price, market capitalisation and enterprise value are as recorded from its SEC filings and market data as of October 1, 2026; forward figures are analyst consensus estimates. The peer set is the listed companies whose business most closely overlaps GameStop's, selected by comparing reported business segments: Best Buy Co., Inc. (BBY), Funko, Inc. (FNKO), Newegg Commerce, Inc. (NEGG), ATRenew Inc. (RERE), Target Corporation (TGT), Walmart Inc. (WMT). Peer multiples, growth and margins are computed from their filings, consensus estimates and market prices as of October 1, 2026.
The valuation methods and how the ranges are computed
Each football-field bar applies one valuation method to GameStop's own financials. For a peer method the multiple is the median of the peer set's multiples (for example EV over the calendar-year consensus EBITDA); for a precedent method it is the median multiple paid in the recorded transactions (EV over the target's last-twelve-month revenue or EBITDA at announcement). Each bar spans that median ±10% and is applied to the company's own revenue or EBITDA for the same basis; enterprise value is bridged to a per-share value through recorded net debt and diluted shares, and the trading range and analyst range are shown alongside for reference. A multiple outside sanity bounds (P/E 2–100x, EV/EBITDA 1–60x, EV/Revenue 0.2–30x) is excluded from every range and disclosed. The methods' median is the median of the bar midpoints. All valuation content is an illustrative perspective, not an opinion of value.
KPI benchmarking
Growth and EBITDA margin are compared across the peer set; the peer average excludes GameStop so the company is measured against its peers rather than a set it is part of. Metrics benchmarked: CY2026 Revenue Growth, CY2026 EBITDA Margin. Where one peer's figure is far outside the rest of the set, its bar is drawn not to scale and marked, and its true figure is printed.
Precedent transactions
The precedent record is the set of recorded transactions involving GameStop's peers and closest comparables, taken from SEC filings, with the 75th percentile, average, median and 25th percentile of the disclosed multiples. Multiples are LTM/NTM at announcement where disclosed; values link to the record where a link exists.
Inherited context
No sector study or bi-weekly update was linked to this report; positioning statements are limited accordingly.
Sources
Company financials and filings: the company's SEC filings on EDGAR. Peer financials, transaction terms and events: SEC filings on EDGAR, linked from each figure. Forward figures: analyst consensus estimates. Prices and market capitalisations: market data as of October 1, 2026.
Interpretation and important notice
The strategic roadmap and what-it-means pages are NeuraCap analytical views drawn from the recorded evidence, framed for evaluation and not as instructions. Illustrative valuation perspectives — not an opinion of value, not a fairness opinion, not a price target. This report is informational and not investment advice.
This report is published for information only. It is not a recommendation to buy or sell any security, an offer or solicitation, an appraisal or a fairness opinion, and no fiduciary relationship is created by reading it. Multiples that fail NeuraCap’s plausibility gates are excluded and never plotted. See the full methodology and the disclaimer.
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