GameStop (GME) stock was on the move Monday as investors prepare for the company to release its Q2 2025 earnings report after markets close on Tuesday. Shareholders are likely wondering if the video game retailer will be able to surpass Wall Street’s estimates for the quarter.
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First off, traders will want to remember analysts’ estimates for Q2 2025. Wall Street expects GameStop to report adjusted earnings per share of 19 cents alongside revenue of $900 million. While that may seem like a tall order compared to Q2 2024’s adjusted EPS of 1 cent, there’s one vital piece of information to consider.
Video game company Nintendo (NTDOY) released its Switch 2 hybrid console on June 5, 2025. That means GameStop has had almost an entire quarter to benefit from the sales of the device, software, and accessories for it. These could be a huge catalyst for the company, as the Switch 2 quickly became the fastest-selling game console in the U.S. with an estimated 7 million units sold.
GameStop’s Earnings Track Record
Looking to GameStop’s earnings history, the company has a mixed chance of beating Wall Street’s estimates for Q2 2025. Its adjusted EPS has done so in six of the past eight quarters, but revenue fell short of estimates in seven of its past eight reports.
Investors appear optimistic about GME stock today, with the company’s shares up 1.86% on Monday. However, the stock has fallen 26.52% year-to-date and 6.76% over the past 12 months.
Is GameStop Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for GameStop is Moderate Sell, based on a single Sell rating over the past three months. With that comes an average GME stock price target of $13.50, representing a potential 41.41% downside for the shares.
