How to buy GameStop shares

The video game retailer catapulted to dizzying heights after capturing the imagination of retail investors in the meme stock craze. Find out how and where to buy GameStop shares.

GameStop (GME) is an American electronics and video game retailer with thousands of stores - and unless you’ve been living under a rock - you’ve probably come across this stock in recent years. Largely because GameStop found itself at the centre of meme stock mania and it continues to be a fan favourite investment.

The company successfully defeated the short-selling sharks with the help of retail investors coming together through Reddit. And today, GameStop shares remain ever-popular and hugely volatile. Find out how you can buy GameStop shares, along with the cheapest UK investing platforms to buy and sell GME stock.

How to buy shares in GameStop

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. GME in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy GameStop shares

Best for 0% commission stocks

Finder Award
Go to site
Capital at risk. Other fees apply.
Copy picks from top traders
  • Commission-free trades
  • Get dividend payments
  • Fractional shares

Best for fractional shares

Go to site
Capital at risk. T&Cs apply.
Personalised market updates
  • Commission-free trades
  • Fractional shares
  • 5,400+ stocks/ETFs

Best for US shares

Finder Award
Go to site
Capital at risk. T&Cs apply.
Try Plus free for 3 months
  • 0% commission on trades
  • 3,000+ stocks
  • Real-time live pricing

Fees calculator for buying GameStop shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

100
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.3 ★★★★★
£0 $100 £1,979.52
Go to siteCapital at risk
Saxo Share Dealing Account logo
4.3 ★★★★★
0.12% per year £0 £1,956.33
Go to siteCapital at risk
XTB logo
4.4 ★★★★★
£0 £0 £1,960.01
Go to siteCapital at risk
CMC Invest share dealing account logo
4.4 ★★★★★
£0 £0 £1,960.01
Go to siteCapital at risk
Hargreaves Lansdown Fund and Share Account logo
4.2 ★★★★★
£0 £1 £1,981.72
Go to siteCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in GameStop

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including GameStop), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

GameStop is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Latest updates for GameStop

May 31, 2024: GameStop shares got another bump in this renewed rally after Roaring Kitty (Keith Gill) posted a screenshot showing what might be a huge portfolio of GameStop shares and call options.

Is it a good time to buy GameStop stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View GameStop's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of GME stock over time.

Historical closes compared with the last close of $24.69

1 week (2024-06-23)4.40%
1 month (2024-05-30)6.70%
3 months (2024-03-31)105.92%
6 months (2023-12-28)40.84%
1 year (2023-06-29)1.81%
2 years (2022-06-29)-79.81%
3 years (2021-06-30)-87.92%
5 years (2019-06-30)360.63%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Promoted
eToro Free Stocks
Invest in GameStop shares
Finder Award
  • Start investing from $50
  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is GameStop under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the GameStop P/E ratio, PEG ratio and EBITDA.

GameStop's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 306x. In other words, GameStop's shares trade at around 306x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, GameStop's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.

GameStop's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.86. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into GameStop's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider GameStop's PEG ratio in relation to those of similar companies.

GameStop's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $35.4 million (£28 million).

The EBITDA is a measure of GameStop's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

More guides on Finder

Go to site