GME
GameStop Corp.
GME offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
W
Wayfair Inc.
W has the edge over GME overall, supported by stronger modeled upside and lower modeled downside.
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.
W Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Stable |
W's cash flow is currently healthy, and its revenue, profitability and balance sheet are 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'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.
W PE Valuation
W 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.
W Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
W 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 has the edge over W on earnings quality, reporting a profit while its opponent remains loss making.
W Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.81 | — |
| Q3 2026 | -$1.26 | +$1.29 |
| Q2 2026 | -$2.47 | -$0.08 |
| Q1 2026 | -$2.35 | +$0.49 |
| Q4 2025 | -$2.44 | +$1.57 |
| Q3 2025 | -$2.55 | +$1.89 |
| Q2 2025 | -$2.39 | +$2.85 |
| Q1 2025 | -$2.84 | +$2.47 |
| Q4 2024 | -$4.01 | +$2.46 |
W is still losing money, but far less than before: $1.26 per share over the past year, against $12.72 at its worst in early 2023.
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 W on profitability, with a higher operating margin.
W Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.4B | +9.7% |
| Q2 2026 | $3.5B | +7.5% |
| Q1 2026 | $2.9B | +7.4% |
| Q4 2025 | $3.3B | +6.9% |
| Q3 2025 | $3.1B | +8.1% |
| Q2 2025 | $3.3B | +5% |
| Q1 2025 | $2.7B | 0% |
| Q4 2024 | $3.1B | +0.2% |
W has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.1% | +1.9 points |
| Q2 2026 | 3% | +2.4 points |
| Q1 2026 | -0.4% | +4.1 points |
| Q4 2025 | 2.5% | +6.3 points |
| Q3 2025 | 1.2% | +3.8 points |
| Q2 2025 | 0.5% | +1.6 points |
| Q1 2025 | -4.5% | +4.1 points |
| Q4 2024 | -3.8% | +1.8 points |
W's operating margin was 3.1% last quarter, up 1.9 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.
W Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $168M | +31% |
| Q2 2026 | $334M | +28% |
| Q1 2026 | -$77M | +$24M |
| Q4 2025 | $177M | +25% |
| Q3 2025 | $128M | +300% |
| Q2 2025 | $260M | +17% |
| Q1 2025 | -$101M | +$51M |
| Q4 2024 | $142M | +28% |
W has the edge over GME on cash flow, with more consistent year-over-year improvement.
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 |
W Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.5% | +6M shares |
| 1 year | +6.2% | +8M shares |
| 3 years | +19% | +22M shares |
| 5 years | +33% | +33.9M shares |
| Available history | +50% | +45.8M shares |
W has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $75M |
GME Net Leverage
W Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 4.6x | High |
| Q4 2025 | 5.6x | High |
| Q3 2025 | 12.7x | High |
| Q2 2025 | 33.2x | High |
| Q1 2025 | 103.9x | High |
| Q4 2021 | 5.9x | High |
W's net debt is about 2.8 years of its operating earnings (EBITDA), down from 13 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).
W Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.4 | Neutral |
| Stochastic | 67.1 | Neutral |
W's weekly RSI is 62 (neutral) and its Stochastic is 67 (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.
W PE vs Consumer Cyclical Sector
| Metric | W | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
W 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 is in an uptrend: it's above all five of its weekly moving averages, and 17% above its 200-week average.
W Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $108.0 | 3.2% above |
| 20 week MA | $101.0 | 10% above |
| 50 week MA | $91.2 | 22% above |
| 100 week MA | $74.9 | 49% above |
| 200 week MA | $63.9 | 74% above |
W is in an uptrend: it's above all five of its weekly moving averages, and 74% 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 W on returns for 2026, with the stronger performance.
W Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $92.1 | $252.8 | +175% |
| 2021 | $252.8 | $204.4 | -19% |
| 2022 | $204.4 | $33.6 | -84% |
| 2023 | $33.6 | $61.7 | +84% |
| 2024 | $61.7 | $43.8 | -29% |
| 2025 | $43.8 | $102.2 | +134% |
| 2026 YTD | $102.2 | $111.5 | +9.1% |
W's yearly returns have swung widely, from +175% in 2020 to −84% in 2022. It's up 9.1% so far in 2026.