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Mark R. Hake, CFA

GameStop Stock is Moving Higher as its Free Cash Flow Grows Stronger

GameStop Corp. (GME) reported strong free cash flow (FCF) results on Tuesday, Sept. 9, for its quarter ending Aug. 2. GME stock looks deeply undervalued as a result. Analysts still don't cover it, but my Sum-of-the-Parts (SOTP) assessment is over $31 per share.

GME closed at $24.93 on Friday, Sept. 12, up from $22.94 before the results release, and up from a recent trough of $22.14 on June 12.

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