GME
GameStop Corp.
GME has slightly lower modeled downside risk, despite its lower overall score.
NDLS
Noodles & Company
NDLS has the edge over GME overall, supported by stronger modeled upside.
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.
NDLS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
NDLS's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
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.
NDLS PE Valuation
NDLS has no meaningful PE right now: it lost money over the past year.
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.
NDLS Forward outlook
There aren't enough analyst estimates for NDLS to show an outlook.
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 has the edge over NDLS on earnings quality, reporting a profit while its opponent remains loss making.
NDLS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$3.97 | +$3.55 |
| Q1 2026 | -$6.34 | +$0.54 |
| Q4 2025 | -$7.36 | -$0.96 |
| Q3 2025 | -$7.92 | -$2.16 |
| Q2 2025 | -$7.52 | -$3.12 |
| Q1 2025 | -$6.88 | -$4.64 |
| Q4 2024 | -$6.40 | -$4.72 |
| Q3 2024 | -$5.76 | -$5.28 |
NDLS lost $3.97 per share over the past year, a smaller loss than the year before.
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 NDLS on profitability, with a higher operating margin.
NDLS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $127M | +0.5% |
| Q1 2026 | $123.8M | 0% |
| Q4 2025 | $122.8M | +0.8% |
| Q3 2025 | $122.1M | -0.5% |
| Q2 2025 | $126.4M | -0.7% |
| Q1 2025 | $123.8M | +2% |
| Q4 2024 | $121.8M | -2% |
| Q3 2024 | $122.8M | -4% |
NDLS has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -1.2% | +11 points |
| Q1 2026 | -0.7% | +4.5 points |
| Q4 2025 | -3.3% | +2.7 points |
| Q3 2025 | -5.2% | -1.3 points |
| Q2 2025 | -12% | -2.7 points |
| Q1 2025 | -5.2% | -1.8 points |
| Q4 2024 | -6% | -2.4 points |
| Q3 2024 | -3.9% | -5.5 points |
NDLS's operating margin was −1.2% last quarter, up 10 points from the same quarter a year ago.
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 generated $688M in free cash flow over the past year, up 43% from the year before.
NDLS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $1.8M | +$6M |
| Q1 2026 | $3.9M | +253% |
| Q4 2025 | -$3.4M | +$10.4M |
| Q3 2025 | $1.4M | +$2.8M |
| Q2 2025 | -$4.3M | +$205K |
| Q1 2025 | $1.1M | +$2.8M |
| Q4 2024 | -$13.8M | +$1.4M |
| Q3 2024 | -$1.3M | -132% |
NDLS's free cash flow has turned positive after three years mostly in the red: $4M over the past year.
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 |
NDLS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +65.9K shares |
| 1 year | +2.7% | +157K shares |
| 3 years | +2.3% | +132K shares |
| 5 years | +2.5% | +147K shares |
| Available history | +5.6% | +315K shares |
NDLS has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q4 2023 | — |
GME Net Leverage
NDLS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 8.7x | High |
| Q4 2024 | 77.3x | High |
| Q3 2024 | 18.9x | High |
| Q2 2024 | 7.8x | High |
| Q1 2024 | 3.8x | Elevated |
| Q4 2023 | 3.6x | Elevated |
| Q3 2023 | 2.3x | Moderate |
| Q2 2023 | 2.4x | Moderate |
NDLS's net debt is about 8.7 years of its operating earnings (EBITDA), up from 3.8 years a year ago.
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).
NDLS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.6 | Neutral |
| Stochastic | 38.4 | Neutral |
NDLS's weekly RSI is 52 (neutral) and its Stochastic is 38 (neutral).
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME is trading at 17x earnings, in line with the Consumer Cyclical sector's median of 18x.
NDLS PE vs Consumer Cyclical Sector
| Metric | NDLS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
NDLS has no meaningful PE right now: it lost money over the past year.
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 has the edge over NDLS on trend strength, trading above more of its moving averages.
NDLS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.6 | 1% above |
| 20 week MA | $14.4 | 4.6% below |
| 50 week MA | $10.9 | 26% above |
| 100 week MA | $9.01 | 53% above |
| 200 week MA | $15.4 | 11% below |
NDLS's trend is mixed: it's above three of its five weekly moving averages, and 11% below its 200-week average.
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's yearly returns have swung widely, from +655% in 2021 to −47% in 2022. It's up 21% so far in 2026.
NDLS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $44.4 | $63.3 | +43% |
| 2021 | $63.3 | $75.8 | +20% |
| 2022 | $75.8 | $41.3 | -46% |
| 2023 | $41.3 | $25.2 | -39% |
| 2024 | $25.2 | $4.89 | -81% |
| 2025 | $4.89 | $5.66 | +16% |
| 2026 YTD | $5.66 | $13.8 | +143% |
NDLS has the edge over GME on returns for 2026, with the stronger performance.