GameStop stock price is at $20.66 on January 6th 2026. Will it go past $30 by end of 2026?

Resolution Criteria

This market resolves YES if GME closes at or above $30 at any point before December 31, 2026, 11:59 PM ET. Resolution will be verified using closing prices from Yahoo Finance or NASDAQ. The market resolves NO if the stock never reaches $30 by end of year.

Background

GME closed at $20.66 on January 6, 2026, requiring a 45% gain to reach $30. Over the past 52 weeks, GameStop stock has traded between a high of $35.81 and a low of $19.93, indicating the $30 target is within recent trading range. The consensus analyst price target is $13.50, suggesting significant skepticism from Wall Street.

GameStop's Board granted a performance-based stock option award to CEO Ryan Cohen designed to incentivize extraordinary growth. For the award to fully vest, the company's market capitalization would have to grow to $100 billion and achieve $10 billion in cumulative performance EBITDA. Q3 revenue was $821 million, down 4.6% year-over-year.

Considerations

GameStop is currently down nearly 40% versus its 52-week high. The stock has significant volatility history—in 2021, retail investors on Reddit noticed short interest exceeded 100%, causing the stock price to skyrocket from $17.25 to over $500 per share. Wells Fargo recently forecast that markets will see a meme stock rally in 2026, which could impact GME's price movement independent of fundamentals.