GME
GameStop Corp.
GME offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
RACE
Ferrari N.V.
RACE has the edge over GME overall, supported by lower modeled downside and 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.
RACE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Healthy |
RACE's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
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 has the edge over RACE in the historical PE scenario, which offers more potential upside but is not a forecast.
RACE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 38x | $394 | -2.8% |
| Current | 40x | $405 | — |
| Fair | 48x | $490 | +21% |
| Expensive | 55x | $567 | +40% |
Historical ranges are pointers, not guarantees.
RACE's PE is 40x, but its earnings don't support one, so it isn't a reliable read right now.
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.
RACE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
RACE has the edge over GME on the outlook, with more favorable earnings and revenue expectations.
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.
RACE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $10.25 | +3.7% |
| Q1 2026 | $10.00 | +2.2% |
| Q4 2025 | $9.95 | +6% |
| Q3 2025 | $9.94 | +13% |
| Q2 2025 | $9.88 | +16% |
| Q1 2025 | $9.78 | +22% |
| Q4 2024 | $9.39 | +22% |
| Q3 2024 | $8.82 | +22% |
RACE's earnings per share have climbed steadily: $10.25 over the past year, up 3.7% from the year before, and higher year over year for 21 quarters in a row.
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's operating margin was 20% last quarter, up 13 points from the same quarter a year ago, near the top of its range since 2019.
RACE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.1B | +8.2% |
| Q1 2026 | $2.1B | +3.2% |
| Q4 2025 | $2B | +3.8% |
| Q3 2025 | $2B | +7.4% |
| Q2 2025 | $2B | +4.4% |
| Q1 2025 | $2B | +13% |
| Q4 2024 | $1.9B | +14% |
| Q3 2024 | $1.8B | +6.5% |
RACE has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 32% | +0.6 points |
| Q1 2026 | 30% | -0.9 points |
| Q4 2025 | 28% | +1.4 points |
| Q3 2025 | 28% | -0.2 points |
| Q2 2025 | 31% | +1.4 points |
| Q1 2025 | 31% | +2.5 points |
| Q4 2024 | 27% | +2.4 points |
| Q3 2024 | 29% | +1 points |
RACE has the edge over GME on profitability, with a higher operating margin.
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.
RACE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $366.1M | +111% |
| Q1 2026 | $812.8M | +17% |
| Q4 2025 | $1.6B | +545% |
| Q3 2025 | $525.1M | -2.8% |
| Q2 2025 | $173.2M | +229% |
| Q1 2025 | $692.2M | +101% |
| Q4 2024 | $242.1M | +2.9% |
| Q3 2024 | $540.3M | +64% |
RACE generated $3.3B in free cash flow over the past year, up 98% from the year before.
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 |
RACE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -891K shares |
| 1 year | -1.1% | -2M shares |
| 3 years | -2.9% | -5.3M shares |
| 5 years | -4.6% | -8.6M shares |
| Available history | -5.8% | -10.9M shares |
RACE has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $231.8M |
| Q1 2026 | $251.8M |
| Q4 2025 | $872.4M |
| Q3 2025 | $147.1M |
| Q2 2025 | — |
| Q1 2025 | $470.7M |
| Q4 2024 | $167.2M |
| Q3 2024 | $163.1M |
RACE spent $1.5B buying back its own shares over the past year, up 88% from the year before.
GME Net Leverage
RACE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | 0.6x | Very low |
RACE's net debt is less than a year of its operating earnings (EBITDA).
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).
RACE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.4 | Neutral |
| Stochastic | 47.3 | Neutral |
RACE's weekly RSI is 54 (neutral) and its Stochastic is 47 (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 has the edge over RACE on valuation relative to its sector.
RACE PE vs Consumer Cyclical Sector
| Metric | RACE | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 18x | 119% above |
| PE % | 21 | 47 | 26 pts below |
RACE is trading at 40x earnings, a 119% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
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 RACE on trend strength, trading above more of its moving averages.
RACE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $399.8 | 1.4% above |
| 20 week MA | $400.3 | 1.3% above |
| 50 week MA | $372.0 | 9% above |
| 100 week MA | $412.7 | 1.7% below |
| 200 week MA | $388.6 | 4.3% above |
RACE's trend is mixed: it's above four of its five weekly moving averages, and 4.3% above 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 has the edge over RACE on returns for 2026, with the stronger performance.
RACE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $168.7 | $225.5 | +34% |
| 2021 | $225.5 | $253.5 | +12% |
| 2022 | $253.5 | $211.0 | -17% |
| 2023 | $211.0 | $338.4 | +60% |
| 2024 | $338.4 | $432.2 | +28% |
| 2025 | $432.2 | $378.1 | -13% |
| 2026 YTD | $378.1 | $405.5 | +7.2% |
RACE has finished higher in four of the last six years. It's up 7.2% so far in 2026.