AS
Amer Sports, Inc.
AS has the edge over GME overall, supported by stronger modeled upside and lower modeled downside.
GME
GameStop Corp.
GME trails on the overall score without a compensating advantage in the available component scores.
AS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Healthy | |
| Strong |
AS's revenue, profitability, cash flow and balance sheet are all currently healthy.
GME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Unavailable |
GME's profitability and cash flow are currently strong, and its revenue is stable. There isn't enough data to rate its balance sheet.
AS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $30.19 | — |
| Current | 31x | $30.19 | — |
| Cheap | 41x | $39.35 | +30% |
| Fair | 68x | $65.43 | +117% |
| Expensive | 102x | $98.18 | +225% |
Historical ranges are pointers, not guarantees.
AS has the edge over GME in the historical PE scenario, which offers more potential upside but is not a forecast.
GME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $25.62 | — |
| Cheap | 18x | $27.96 | +9.1% |
| Forward | 38x | $25.62 | — |
| Fair | 43x | $66.84 | +161% |
| Expensive | 252x | $388 | +1414% |
Historical ranges are pointers, not guarantees.
GME's PE is in its cheap range at 17x. Analysts expect earnings to fall, which would put today's price at 38x next year's earnings, in its fair range.
AS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Moderate | |
| Moderate |
AS has the edge over GME on the outlook, with more favorable valuation and earnings expectations.
GME Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GME's earnings and revenue to decline, with profitability weakening.
AS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.54 | +61% |
| Q2 2026 | $0.96 | +134% |
| Q1 2026 | $0.81 | +119% |
| Q4 2025 | $0.76 | +443% |
| Q3 2025 | $0.55 | +$0.62 |
| Q2 2025 | $0.41 | +$0.66 |
| Q1 2025 | $0.37 | +$0.81 |
| Q4 2024 | $0.14 | +$0.55 |
| Q3 2024 | -$0.07 | +$0.46 |
AS's earnings per share have climbed steadily: $0.96 over the past year, up 134% from the year before, and higher year over year every quarter since mid-2024.
GME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | -56% |
| Q3 2026 | $1.54 | +93% |
| Q2 2026 | $1.34 | +153% |
| Q1 2026 | $0.77 | +133% |
| Q4 2025 | $0.89 | +394% |
| Q3 2025 | $0.80 | +515% |
| Q2 2025 | $0.53 | +563% |
| Q1 2025 | $0.33 | +1550% |
| Q4 2024 | $0.18 | +$0.21 |
GME's earnings per share have climbed steadily: $1.54 over the past year, up 93% from the year before, and higher year over year for 15 quarters in a row.
AS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.6B | +32% |
| Q1 2026 | $1.9B | +32% |
| Q4 2025 | $2.1B | +28% |
| Q3 2025 | $1.8B | +30% |
| Q2 2025 | $1.2B | +23% |
| Q1 2025 | $1.5B | +23% |
| Q4 2024 | $1.6B | +24% |
| Q3 2024 | $1.4B | +17% |
AS has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 10% | +6.9 points |
| Q1 2026 | 16% | +1.6 points |
| Q4 2025 | 11% | -1 points |
| Q3 2025 | 12% | -0.8 points |
| Q2 2025 | 3.5% | +4.4 points |
| Q1 2025 | 15% | +5.4 points |
| Q4 2024 | 12% | +7.3 points |
| Q3 2024 | 13% | +4 points |
AS's operating margin was 10% last quarter, up 6.9 points from the same quarter a year ago.
GME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $790.2M | -19% |
| Q2 2026 | $835.3M | +14% |
| Q1 2026 | $1.1B | -14% |
| Q4 2025 | $821M | -4.6% |
| Q3 2025 | $972.2M | +22% |
| Q2 2025 | $732.4M | -17% |
| Q1 2025 | $1.3B | -28% |
| Q4 2024 | $860.3M | -20% |
GME's revenue has slid since its 2022 peak: $790M last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +13 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 5% | +8.9 points |
| Q3 2025 | 6.8% | +9.6 points |
| Q2 2025 | -1.5% | +4.3 points |
| Q1 2025 | 6.2% | +3.1 points |
| Q4 2024 | -3.9% | -2.5 points |
GME has the edge over AS on profitability, with a higher operating margin.
AS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $103.6M | +$204.4M |
| Q1 2026 | $93.9M | -23% |
| Q4 2025 | $550.7M | +65% |
| Q3 2025 | -$59.2M | +$40.6M |
| Q2 2025 | -$100.8M | -$5.1M |
| Q1 2025 | $122.6M | +128% |
| Q4 2024 | $334.7M | +31% |
| Q3 2024 | -$99.8M | -$26.1M |
AS generated $689M in free cash flow over the past year, up 168% from the year before.
GME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | -46% |
| Q2 2026 | $332.9M | +76% |
| Q1 2026 | $187.4M | +18% |
| Q4 2025 | $107M | +435% |
| Q3 2025 | $113.3M | +73% |
| Q2 2025 | $189.6M | +$304.3M |
| Q1 2025 | $158.8M | +$177.5M |
| Q4 2024 | $20M | +80% |
GME has the edge over AS on cash flow, with more consistent year-over-year improvement.
AS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.9% | +16.8M shares |
| 1 year | +5% | +28.3M shares |
| 3 years | +20% | +99.6M shares |
AS has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
GME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +300K shares |
| 1 year | +8.4% | +46.1M shares |
| 3 years | +94% | +288M shares |
| 5 years | +104% | +302M shares |
| Available history | +80% | +264M shares |
GME has 593M diluted shares, up 8.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2021 | — |
| Q4 2020 | — |
| Q1 2020 | $21.8M |
| Q4 2019 | $114M |
AS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 0.8x | Very low |
| Q2 2024 | 4.6x | High |
AS's net debt is less than a year of its operating earnings (EBITDA).
GME Net Leverage
AS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.6 | Neutral |
| Stochastic | 37.4 | Neutral |
AS's weekly RSI is 47 (neutral) and its Stochastic is 37 (neutral).
GME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 68.5 | Neutral |
GME's weekly RSI is 60 (neutral) and its Stochastic is 69 (neutral).
AS PE vs Consumer Cyclical Sector
| Metric | AS | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 18x | 75% above |
| PE % | 3 | 25 | 22 pts below |
AS is trading at 31x earnings, a 75% premium to the Consumer Cyclical sector's median of 18x.
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME has the edge over AS on valuation relative to its sector.
AS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 3.9% above |
| 20 week MA | $31.3 | 3.5% below |
| 50 week MA | $34.1 | 12% below |
| 100 week MA | $33.3 | 9.3% below |
GME has stronger trend alignment. AS is above 1 of 4 weekly averages versus GME above 5 of 5.
GME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 1.8% above |
| 20 week MA | $22.4 | 15% above |
| 50 week MA | $22.6 | 13% above |
| 100 week MA | $24.0 | 7% above |
| 200 week MA | $21.8 | 17% above |
GME is in an uptrend: it's above all five of its weekly moving averages, and 17% above its 200-week average.
AS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $15.0 | $28.4 | +90% |
| 2025 | $28.4 | $38.4 | +35% |
| 2026 YTD | $38.4 | $30.2 | -21% |
AS has finished every year since 2024 higher, and it's down 21% so far in 2026.
GME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.48 | $5.04 | +241% |
| 2021 | $5.04 | $38.0 | +655% |
| 2022 | $38.0 | $20.1 | -47% |
| 2023 | $20.1 | $17.5 | -13% |
| 2024 | $17.5 | $32.2 | +84% |
| 2025 | $32.2 | $21.1 | -35% |
| 2026 YTD | $21.1 | $25.6 | +21% |
GME has the edge over AS on returns for 2026, with the stronger performance.