GME Earnings: GameStop Stock Gains after Topping Q4 Profit Expectations
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GameStop (GME) reported Q4 earnings with adjusted EPS of $0.49, exceeding the $0.37 estimate, despite a revenue decline to $1.1 billion, missing the $1.47 billion forecast. The stock has a Neutral rating from TipRanks' AI Analyst, with a price target of $25.00, indicating a potential upside of 9.22%. While profitability and cash flow are improving, concerns about weak demand and valuation persist.
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