If this comes to fruition and $GME trades around the ~25 P/E range it had been trading at for a while... At a current market cap around $10.11B, projected FY2026 net income of $1.06B–$1.39B would imply a forward P/E of only 7.3x–9.5x. At 25x earnings, that same income range would imply a valuation of roughly $26.5B–$34.8B. That’s about 2.6x–3.4x the current market cap. Roughly speaking, that points to a potential price range of around $59–$78/share without any acquisition news, squeeze, Roaring Kitty making an appearance, etc. HUGE numbers.
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