• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    GameStop (GME) Could Be 90% Below Fair Value As Uber Eats Expands Its Reach

    Simply Wall St·07/16/2026 01:21:55
    Listen to the news

    Uber Eats partnership reshapes how GameStop stockholders think about distribution

    GameStop (GME) is expanding beyond its traditional store and website footprint through a new partnership with Uber Technologies that brings video games, consoles, accessories and collectibles onto the Uber Eats marketplace.

    Investors now have a fresh development to watch, as this tie up links one of the largest gaming retailers with a delivery platform that is broadening its retail categories beyond meals across the United States.

    See our latest analysis for GameStop.

    GameStop shares have shown mixed momentum, with a 7.95% year to date share price return and a decline of 11.60% over 90 days, while the 1 year total shareholder return is down 4.89%. This highlights how short term trading enthusiasm around events like the Uber Eats partnership contrasts with weaker multi year total outcomes for long term holders.

    If the Uber Eats deal has you thinking about where else growth stories might emerge, this could be a good moment to look at 32 robotics and automation stocks.

    For GameStop, the Uber Eats partnership landed against a backdrop where the stock’s recent bounce contrasts with weaker multi year returns. This raises the question of how much of this move reflects the business changing rather than sentiment swinging again.

    Most Popular Narrative: 89.9% Undervalued

    Compared with GameStop’s last close at $22.26, the most followed narrative sets a fair value of $220, putting a huge gap between market price and narrative expectations.

    GameStop Corp. (NYSE: GME), FY2025 Annual Review
    The Transformation Is Complete. Now Comes the Deployment.
    Price Target: $220 | Current Price: ~$23 | Date: April 2, 2026
    Executive Summary
    GameStop's fiscal year 2025 (ended January 31, 2026) marks the definitive inflection point. The company posted $418.4 million in net income, a 219% increase over the prior year's $131.3 million, on $3.63 billion in revenue.

    Read the complete narrative.

    The narrative leans heavily on sharp profit improvement, rising margins and a future earnings multiple more often linked to fast growing platforms than traditional retailers.

    Result: Fair Value of $220 (UNDERVALUED)

    Have a read of the narrative in full and understand what's behind the forecasts.

    However, GameStop’s story still faces clear pressure points, including ongoing revenue headwinds in physical gaming and the execution risk that comes with deploying a US$9b cash pile.

    Find out about the key risks to this GameStop narrative.

    Next Steps

    With such a confident tone around GameStop’s potential rewards in this narrative, it is worth checking the underlying numbers yourself and deciding how convincing they really are. To see what those optimistic factors look like in detail, review the 2 key rewards.

    Looking for more GameStop sized investment ideas?

    If GameStop has sharpened your curiosity, do not stop here. Use the Simply Wall St screener to surface other focused ideas that match your style.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.