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GameSquare Holdings, Inc.NasdaqCM:GAME Stock Report

Market Cap US$36.2m
Share Price
US$0.37
US$1.5
75.3% undervalued intrinsic discount
1Y-48.0%
7D-18.4%
Portfolio Value
View

GameSquare Holdings, Inc.

NasdaqCM:GAME Stock Report

Market Cap: US$36.2m

GAME Community Fair Values

Create Narrative

See what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.

GameSquare Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for GameSquare Holdings
Historical stock prices
Current Share PriceUS$0.37
52 Week HighUS$2.87
52 Week LowUS$0.23
Beta2.68
1 Month Change-18.76%
3 Month Change25.46%
1 Year Change-47.99%
3 Year Change-90.58%
5 Year Changen/a
Change since IPO-94.13%

Recent News & Updates

Narrative Update May 04

GAME: Creator Campaigns And 2026 Revenue Outlook Will Support Future Upside

Analysts have cut their GameSquare Holdings price target from $2.25 to $1.50, citing updated assumptions that now combine a higher discount rate with very large implied future P/E multiples and a shift in modeled revenue growth and profit margins. What's in the News Auditor Kreston GTA LLP issued an unqualified opinion on GameSquare Holdings' 10-K for the year ended December 31, 2025, while expressing doubt about the company’s ability to continue as a going concern (10-K filing).
Narrative Update Apr 03

GAME: Creator Campaigns And 2026 Revenue Outlook Will Drive Future Upside

Analysts have slightly adjusted their price outlook for GameSquare Holdings, keeping a $2.25 target in place as they factor in a modestly higher discount rate, unchanged revenue expectations, a small improvement in profit margin, and a marginally lower assumed future P/E multiple. What's in the News GameSquare Holdings reported that it will be unable to file its next Form 10-K with the SEC by the required deadline, signaling a timing issue around its annual reporting obligations (Key Developments).

Recent updates

Narrative Update May 04

GAME: Creator Campaigns And 2026 Revenue Outlook Will Support Future Upside

Analysts have cut their GameSquare Holdings price target from $2.25 to $1.50, citing updated assumptions that now combine a higher discount rate with very large implied future P/E multiples and a shift in modeled revenue growth and profit margins. What's in the News Auditor Kreston GTA LLP issued an unqualified opinion on GameSquare Holdings' 10-K for the year ended December 31, 2025, while expressing doubt about the company’s ability to continue as a going concern (10-K filing).
Narrative Update Apr 03

GAME: Creator Campaigns And 2026 Revenue Outlook Will Drive Future Upside

Analysts have slightly adjusted their price outlook for GameSquare Holdings, keeping a $2.25 target in place as they factor in a modestly higher discount rate, unchanged revenue expectations, a small improvement in profit margin, and a marginally lower assumed future P/E multiple. What's in the News GameSquare Holdings reported that it will be unable to file its next Form 10-K with the SEC by the required deadline, signaling a timing issue around its annual reporting obligations (Key Developments).
Narrative Update Mar 19

GAME: Creator Campaigns And 2026 Revenue Outlook Will Support Future Upside

Analysts have confirmed their price target on GameSquare Holdings at $2.25, reflecting slightly adjusted assumptions around the discount rate, profit margin, and future P/E, while keeping their fair value estimate unchanged. What's in the News Nasdaq granted GameSquare Holdings a second 180 day compliance period, until September 7, 2026, to lift its share price back above the $1.00 minimum bid requirement after the stock traded below that level for 30 consecutive business days under Nasdaq Marketplace Rule 5550(a)(2) (Nasdaq notice).
New Narrative Mar 05

Crypto Treasury Risks And Creator Volatility Will Eventually Support A Stronger Platform

Catalysts About GameSquare Holdings GameSquare Holdings operates a gaming focused media, creator and Esports platform combined with a digital asset treasury that generates yield from Ethereum and related Web3 activities. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 05

GAME: Expanded Dairy And Creator Campaigns Will Support Future Upside

Analysts have trimmed their price target on GameSquare Holdings to $2.25, reflecting updated assumptions that include a slightly higher discount rate, unchanged revenue growth expectations of a 15.31% decline, a modestly lower profit margin of approximately 8.53%, and a higher future P/E of about 64.53x. What's in the News GameSquare Holdings announced a new campaign partnership with Capcom to support the February 27, 2026 launch of Resident Evil Requiem, with an integrated, multi phase program across creator led digital activations, seeding initiatives, and real world fan experiences, using services such as influencer discovery, talent sourcing, event production, and campaign performance analysis (Key Developments).
New Narrative Feb 19

Integrated Gaming Ecosystem And Ethereum Treasury Will Reshape This Emerging Media Platform

Catalysts About GameSquare Holdings GameSquare Holdings operates an end to end gaming, creator, media and esports platform supported by a digital asset treasury focused on Ethereum based yield. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 18

GAME: Expanded Dairy Partnerships Will Support Future Creator Economy Upside

Analysts have trimmed their fair value estimate for GameSquare Holdings from $3.00 to $2.25, citing updated assumptions that include a lower profit margin outlook, an anticipated revenue contraction of about 15%, and a higher future P/E of roughly 61x. Taken together, these factors point to a less favorable balance between risk and return than before.
Analysis Article Feb 05

GameSquare Holdings, Inc. (NASDAQ:GAME) Not Doing Enough For Some Investors As Its Shares Slump 28%

Unfortunately for some shareholders, the GameSquare Holdings, Inc. ( NASDAQ:GAME ) share price has dived 28% in the...
Analysis Article Nov 16

Why Investors Shouldn't Be Surprised By GameSquare Holdings, Inc.'s (NASDAQ:GAME) 34% Share Price Plunge

To the annoyance of some shareholders, GameSquare Holdings, Inc. ( NASDAQ:GAME ) shares are down a considerable 34% in...
User avatar
New Narrative Apr 20

Managed Services And Partnerships Will Drive Future Success In 2025

Divestiture of FaZe Media reduces debt, lowers financial risk, and enhances net margins by focusing on profitable segments.
Analysis Article Mar 31

It's Down 31% But GameSquare Holdings, Inc. (NASDAQ:GAME) Could Be Riskier Than It Looks

GameSquare Holdings, Inc. ( NASDAQ:GAME ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article Nov 14

Investors Still Aren't Entirely Convinced By GameSquare Holdings, Inc.'s (NASDAQ:GAME) Revenues Despite 52% Price Jump

GameSquare Holdings, Inc. ( NASDAQ:GAME ) shareholders are no doubt pleased to see that the share price has bounced 52...
Analysis Article Mar 14

GameSquare Holdings, Inc. (NASDAQ:GAME) Doing What It Can To Lift Shares

With a median price-to-sales (or "P/S") ratio of close to 1.3x in the Entertainment industry in the United States, you...

Shareholder Returns

GAMEUS Interactive Media and ServicesUS Market
7D-18.4%-3.1%-0.3%
1Y-48.0%68.4%26.7%

Return vs Industry: GAME underperformed the US Interactive Media and Services industry which returned 69.5% over the past year.

Return vs Market: GAME underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is GAME's price volatile compared to industry and market?
GAME volatility
GAME Average Weekly Movement17.4%
Interactive Media and Services Industry Average Movement8.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: GAME's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: GAME's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a144Justin Kennawww.gamesquare.com

GameSquare Holdings, Inc. operates as a media, entertainment, and technology company. The company transforms brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. Its platform covers creative services, analytics solutions, and FaZe Clan.

GameSquare Holdings, Inc. Fundamentals Summary

How do GameSquare Holdings's earnings and revenue compare to its market cap?
GAME fundamental statistics
Market capUS$36.23m
Earnings (TTM)-US$43.88m
Revenue (TTM)US$52.06m
0.7x
P/S Ratio
-0.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GAME income statement (TTM)
RevenueUS$52.06m
Cost of RevenueUS$30.13m
Gross ProfitUS$21.93m
Other ExpensesUS$65.81m
Earnings-US$43.88m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.47
Gross Margin42.12%
Net Profit Margin-84.29%
Debt/Equity Ratio48.7%

How did GAME perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 15:18
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GameSquare Holdings, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert YoungCanaccord Genuity
Jack Vander AardeMaxim Group
Gregory GibasNorthland Capital Markets