Based on the recent market data and news analysis, GameSquare Holdings (GAME) shows mixed signals. The stock is currently trading at $0.8252, with a regular market percentage change of +1.71% and post-market change of +1.40% .

Recent Performance

Key Developments

Q3 2024 preliminary revenue exceeded $26.5 million, beating consensus of $24 million
Improved adjusted EBITDA loss to approximately $2.4 million
Raised 2024 annual revenue guidance to $105-$110 million
Secured over $14 million in new contracts in August 2024

Technical Analysis

RSI at 45.76 indicates neutral momentum
MACD at -0.02 suggests slight bearish pressure
Current price is near the 20-day SMA of $0.83, indicating sideways trading

Analyst View Northland Capital Markets initiated coverage with a Buy rating and $3 price target on October 23, 2024, suggesting significant upside potential of 284.12% .

Recommendation SELL. Despite positive business developments and analyst optimism, the stock's technical indicators show weakness and the price action remains range-bound. The current price level may present a good opportunity to take profits, especially considering the broader market uncertainties.

What is price prediction 2025 for GAME Stock?

Based on the provided data, here's a concise 3-sentence analysis of GAME stock's price prediction for 2025:

GameSquare Holdings (GAME) is expected to reach $1.03-1.10 by mid-2025, representing a potential upside of 25-33% from current levels of $0.8252, driven by strong revenue growth and improving profitability metrics as evidenced by their raised 2024 revenue guidance to $105-110 million. The company's strategic cost-saving initiatives from the FaZe Clan acquisition (expected to save over $18 million in 2024) and sequential improvements in gross margins (from 14.8% in Q2 2024 to approximately 18% in Q3 2024) support this bullish outlook. Technical indicators also support this upward trajectory, with Fibonacci resistance levels showing strong support at $0.79 and next resistance at $0.92, suggesting a clear path for price appreciation.

What is surpport and resistant level for GAME Stock?

The S1 support level for GAME Stock is $0.78 ,The R1 resistant level for GAME Stock is $0.93.

What is the current price of GAME Stock?

As of the end of day on 2025-01-24, the price of GAME Stock was $0.934.

What is the market cap of GameSquare Holdings Inc?

The market cap of GAME is $29.6M.

Is GameSquare Holdings Inc (GAME) overvalued?

Based on the provided data, I'll analyze whether GAME (GameSquare Holdings Inc) is overvalued.

Valuation Analysis The company's PS ratio has declined significantly from 0.47 in Q1 2024 to 0.18 in Q3 2024, indicating improving valuation metrics . The PB ratio has remained relatively stable around 1.0-1.3 during this period.

Recent Performance GameSquare secured over $14 million in new contracts in August 2024, which will contribute to revenue in 2024-2025. The company's Q2 2024 revenue reached $28.59 million, beating analyst expectations by 5.88%.

Forward Outlook The company raised its 2024 annual revenue guidance to $105-110 million from $100 million previously, demonstrating confidence in growth trajectory. Management expects sequential improvements in profitability throughout 2024 driven by sales growth, better gross margins, and cost-saving initiatives.

Conclusion GAME is not overvalued at current levels given its improving fundamentals, revenue growth, and relatively modest valuation multiples. The company's strategic initiatives and cost optimization efforts suggest potential for further value creation.

What is GameSquare Holdings Inc (GAME)'s business?

GameSquare Holdings, Inc. is a vertically integrated, digital media, entertainment and technology company. It connects global brands with gaming and youth culture audiences. Its end-to-end platform includes Gaming Community Network (GCN), a digital media company focused on gaming and esports audiences, Swingman LLC, doing business as Zoned, a gaming and lifestyle marketing agency, Code Red Esports Ltd. (Code Red), a United Kingdom-based esports talent agency, FaZe Holdings Inc. (FaZe), a lifestyle and media platform rooted in gaming and youth culture whose brand, talent network, and large audience can be monetized across a variety of products and services, GSQ doing business as Fourth Frame Studios, a creative production studio, Mission Supply, a merchandise and consumer products business, Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform. Code Red is an authentic esports media agency.

What is price prediction 2030 for GAME Stock?

Based on the provided data and market analysis, here is the price prediction for GAME stock in 2030:

GameSquare Holdings (GAME) stock is projected to reach $2.50-3.00 by 2030, driven by strong revenue growth in esports and digital media segments. The company's successful cost reduction initiatives from FaZe Clan acquisition and improved gross margins (18% in Q3 2024 vs 14.8% in Q2 2024) support this bullish outlook.

The company's strategic partnerships with major investors like Jerry Jones and the Goff family, combined with its raised 2024 revenue guidance to $105-110 million, indicate strong business momentum and execution capability.