tiprankstipranks

GameStop Issues $450 Million in Additional Notes

Story Highlights
GameStop Issues $450 Million in Additional Notes

Don’t Miss TipRanks’ Half-Year Sale

GameStop ( (GME) ) just unveiled an update.

On June 24, 2025, GameStop Corp. issued $450 million in Additional Notes as part of a private offering, following the initial purchaser’s full exercise of their option. The company plans to use the net proceeds for general corporate purposes, including investments and potential acquisitions, which could impact its operational strategy and market positioning.

The most recent analyst rating on (GME) stock is a Sell with a $11.50 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 faces significant challenges, including bearish technical indicators and high valuation concerns. However, improvements in financial performance and strategic corporate actions provide some optimism. Continued efforts to address revenue decline and operational efficiency are key to future success.

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

More about GameStop

GameStop Corp. operates in the retail industry, primarily focusing on video game products and consumer electronics. It is known for selling new and pre-owned video gaming consoles, accessories, and video game titles, catering to gaming enthusiasts and consumers seeking entertainment products.

Average Trading Volume: 17,826,437

Technical Sentiment Signal: Hold

Current Market Cap: $10.49B

Learn more about GME stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1