Video game retailer GameStop Corporation (NYSE:GME) could share highly anticipated plans for how it will use its cash balance to acquire assets when the company reports fourth-quarter financial results Tuesday after market close.

Here are the earnings estimates, what market experts are saying ahead of results and the key items to watch.

GameStop Q4 Earnings Estimates

Analysts expect GameStop to report fourth-quarter revenue of $1.47 billion, up from $1.28 billion in last year's fourth quarter, according to data from Benzinga Pro.

The company has missed analyst estimates for revenue in eight of the last 10 quarters, including the most recently reported third quarter.

Analysts expect the company to report earnings of 31 cents per share, up from 30 cents per share year-over-year.

The company has beaten analyst estimates for earnings per share in six straight quarters and in eight of the last 10 quarters overall.

Market Expert Says Stock Could Break Out

Freedom Capital Markets Chief Market Strategist Jay Woods said GameStop stock has an average move of +/- 10.7% on the days it reports quarterly earnings.

"The stock has been stuck in a very narrow range between $20 and $25 since last June and looks to break out of this channel. The question is in which direction," Woods said in a weekly newsletter.

Woods said GameStop CEO Ryan Cohen needs the stock valuation to rise to meet his contract incentives.

"He is quite vested in the share price and it will be interesting to see what he has up his sleeve."

The market expert says GameStop stock has support around $20, but overhead resistance also remains strong.

"A break above $25 and shareholders may be well on their way to a run into the low $30's. However, a break below $20 could spell another run towards its early 2024 lows around $10."

Woods said investors may want to consider sitting on the sidelines for GameStop stock.

"There's too much risk going into the results so it's better to stop and let this game play out before entering a trade."

Key Items to Watch in GameStop's Q4 Results

GameStop will report key financial metrics from the fourth quarter on Tuesday, which includes the key holiday months of November, December and January.

While this will be a big part of the story and could see share volatile, investors and analysts want to hear more about what Cohen has planned for the future.

Cohen's recent bets include closing more physical stores, buying Bitcoin, and raising capital for potential acquisitions.

In an interview with the Wall Street Journal, Cohen said he envisions the company being a $100 billion business in the future, moving beyond just video games and collectibles. Cohen also cancelled an interview with Fox Business host Charles Payne because he couldn't discuss something Payne called "monumental."

All signs point to GameStop making big acquisition moves, but the questions remain when and what.

GameStop's third quarter results saw collectibles as the only segment with revenue up year-over-year, as hardware and software continued to show declines.

The company has not held a quarterly conference call to discuss quarterly financial results since early 2023, leaving the prepared remarks as the likely key information source for investors and analysts on Tuesday.

GameStop Stock Price Action

GameStop stock is up 0.8% to $22.73 on Monday versus a 52-week trading range of $19.93 to $35.81. GameStop stock is up 10.2% year-to-date in 2026, while shares remain down 11% over the last year.

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