GameStop stock price is at $20.72 on January 5th 2026. Will it go past $40 by end of 2026?

high.

Resolution Criteria

This market resolves YES if GME closes at or above $40 at any point on or before December 31, 2026. Resolution will be verified using closing prices from Yahoo Finance or NASDAQ. The market resolves NO if GME never reaches $40 by end of year.

Background

GME closed at $20.66 on January 6, 2026, requiring an approximate 93% gain to reach $40. Over the past 52 weeks, GameStop stock has traded between a high of $35.81 and a low of $19.93. The consensus analyst price target is $13.50, suggesting significant skepticism from Wall Street.

Recent developments include a performance-based stock option award granted 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

GME reached $35.81 in the past 52 weeks, falling short of the $40 target by roughly 11%. The stock exhibits high volatility characteristic of meme stocks, and Wells Fargo recently forecast that markets will see a meme stock rally in 2026. However, GameStop's 2024 revenue declined 27.50% compared to the previous year, reflecting ongoing structural challenges in the retail gaming sector.