GameStop’s Uber Eats deal fails to lift shares as fair value debate widens

Corporate Action

โดย Simply Wall St·Read original

Summary · why it matters

GameStop announced a nationwide partnership with Uber Technologies to offer games, consoles, and collectibles on the Uber Eats on-demand retail platform. Despite the deal, the stock’s 30-day return is 2.14%, its 90-day decline is 10.71%, and its one-year total shareholder return is down 5.22%. The most followed narrative on the stock sets fair value at $220, implying a 90% undervaluation from the last close of $21.92, though that view depends on margin expansion, a cash-rich balance sheet, and a premium profit multiple.