GameStop Options Point to 5.9% Movement Ahead of Earnings

By EC Assets · Published 2 June 2026

GameStop options are indicating a 5.9% price movement as the company prepares to report earnings on June 9. The video game retailer’s shares traded at $21.35 at the close of June 1, marking a gain of $0.17. Gamestop shares were at $21.07 in pre-market trading on June 1. The company is scheduled to report its earnings after market closes on June 9. Analysts previously estimated GameStop's consensus Earnings Per Share (EPS) for March 24 at $0.37. The actual EPS reported for March 24 was $0.49, exceeding the estimate by $0.12. Analysts forecast an EPS of $0.22 for fiscal year 2026 for a different company. Price targets for that company range from $5.78 to $7.22. The broader market recently saw indices hit record highs. The S&P 500 has rallied despite weak consumer spending, with the top 10% of spenders driving activity. Investors are also increasing bullish options bets, which some perceive as a sign of an overheated stock market. Upcoming earnings reports and market sentiment will likely influence stock performance. This article is intended for informational purposes only. It does not constitute investment advice.