Click Below to Download:

1.20.2021 research Report

1.20.2021 excel Model

Our financial model has been made open and widely available to the public to facilitate transparent, productive discussion around “fair value” of GameStop Corporation shares.

This research effort is ongoing, and our November 2021 revisions are now available. We welcome any and all feedback at



Bull Case: Ryan Cohen accelerates digital transformation by boosting e-commerce contribution to 45% via improved CX, aggressively pursues business partnerships, and leverages the full potential of 20M+ PowerUp loyalty
across multiple digital businesses and channels.

Jan 2021 Bull Case Price Target:

January 2021 Price Target Model