GameStop Grants Ryan Cohen Performance-Based Stock Option Package

GameStop ( (GME) ) has provided an update.

On January 7, 2026, GameStop announced that its board had granted Ryan Cohen a 100% performance-based nonqualified stock option award, agreed on January 6, 2026, that provides him with no salary, cash bonuses or time-based equity, making his compensation entirely contingent on achieving aggressive long-term market and operational milestones. The award covers options on 171.5 million shares at $20.66 and is split into nine tranches that vest only if GameStop’s market capitalization climbs from at least $20 billion up to $100 billion and the company delivers between $2 billion and $10 billion in cumulative performance EBITDA, with no partial vesting below each full hurdle; the package, which follows a period in which GameStop’s market value rose from about $1.3 billion to $9.3 billion and the company swung from a large loss in 2021 to substantial trailing net income, is subject to stockholder approval at a special meeting expected in March or April 2026, underscoring the board’s bid to tightly align Cohen’s pay with shareholder returns and sustained profitability.

The most recent analyst rating on (GME) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on GameStop stock, see the GME Stock Forecast page.

Spark’s Take on GME Stock

According to Spark, TipRanks’ AI Analyst, GME is a Neutral.

GameStop’s overall stock score reflects its improved financial performance and effective cost management, as evidenced by the recent profit surge. However, challenges remain in maintaining revenue growth and addressing valuation concerns. The technical indicators suggest mixed momentum, with short-term bullishness but potential overbought conditions. The absence of a dividend yield and high P/E ratio further weigh on the valuation score.

To see Spark’s full report on GME stock, click here.

More about GameStop

GameStop Corp., based in Grapevine, Texas, is a specialty retailer focused on video games, gaming hardware and related entertainment products, and has in recent years pursued a turnaround strategy to improve its financial health and operational efficiency, reflected in a sharp rise in market capitalization and a return to profitability under CEO and Executive Chairman Ryan Cohen.

Average Trading Volume: 6,234,175

Technical Sentiment Signal: Sell

Current Market Cap: $9.28B

For detailed information about GME stock, go to TipRanks’ Stock Analysis page.