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GameStop posts strong Q4 with $9B cash, fueling rumors of major acquisition like eBay.

Company Fundamentals
25 Mar 2026
24/7 Wall Street
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Bullish
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GameStop reported a strong Q4 FY2025 with $9.01 billion in cash and equivalents, nearly doubling from last year, largely funded by convertible notes and strong free cash flow. CEO Ryan Cohen remains silent on acquisition plans, but the cash position supports speculation of a major deal, possibly with eBay, whose $39.9 billion market cap would require additional financing. Operationally, GameStop beat earnings estimates with improved margins and a profitable core business, while Bitcoin losses add some volatility. Investors await clarity on Cohen’s acquisition strategy, which could reshape the company’s future.

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