About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

GameStop Stock Downtrend Is Intact: The End Game Draws Near

By: MarketBeat

GameStop stock price

Shares of GameStop (NYSE: GME) have been trending lower ever since the meme stock frenzy first spiked, and the downtrend is intact. The company continues to bleed business and cash, putting it in a downward spiral, and investors should flee. The stock is still tradable, but bullish traders beware; one day’s gains will likely turn into losses tomorrow, next week, and next year. 

As appealing as the business model is, it relies on a niche, after-market business that has yet to produce sustainable growth or profitability and probably never will. If you are wondering what the end-game for this stock is, the most likely scenario is to revert to the pre-meme price points below $5. 

No Game In GameStop Q4 Results

GameStop had a weak quarter in Q4, missing the Marketbeat.com consensus estimates on the top and bottom lines. The company brought in $1.79 billion in net revenue for a decline of 19.7% YOY that missed the consensus by 1200 basis points as clients cut back on hardware, software, and collectibles. 

Hardware posted the smallest decline, 12% YOY, led by a 25% decline in collectibles and a 30% contraction in software. Sales are impacted by inflation and interest rates, which are pinching consumer discretionary dollars, and there is the AI factor to consider. 

With AI on the rise and expected to be embedded into games and consoles, the gaming market may sit back and wait for next-gen equipment rather than double down on the old stuff. As it is, the next-gen consoles aren’t expected to be launched for a few more years. However, tech leaders Microsoft (NASDAQ: MSFT) and Sony (NYSE: SONY) are expected to release intermediate upgrades in the interim. 

Margin is a brighter spot in the report but insufficient to alter the outlook. The company improved the margin sequentially and turned cash flow positive for the quarter, but the full-year results and impact on the balance sheet are less than savory. The company's cash flow was negative for the year, resulting in a 20% decline in cash and equivalents despite the 7.3% decline in inventory. Inventory stands at $632.5 million and continues to be a risk; the longer it sits, the less appealing and harder to sell it is. 

Earnings are positive but, again, insufficient to alter the outlook. The quarterly profit is insufficient to offset the annual loss, the company’s final and best quarter of the year. With the next three quarters expected to show sustained contraction, this situation will not change. The likely scenario is that GameStop will continue to bleed cash as it slowly circles the drain, posting another loss in F2025. The company offered no commentary or guidance or held a conference call. 

Don’t Buy GameStop Until Serious Money Gets Involved

Aside from CEO and Chairman Ryan Cohen, serious money is avoiding GameStop. Wedbush is the only firm to offer a rating, and they have the stock pegged at Sell with a price target of $5.60. That’s 65% below the current price action and a likely target. Institutional interest is near 30%, but don’t read too much into that. It’s a small amount for a company with promise. There is also the short interest to consider. Short interest was near 20% at the last report and may increase now that price action is tracking for another fresh low. 

The price action is not good for the bulls. This market is in a protracted downtrend, and the trend was confirmed following the release. The 18% price implosion shows strong resistance at the 150-day and 30-day EMAs, aligning with downward price action. The stock is still above critical support at the recent low, so there is some hope. If the market can sustain that level, it may not move any lower. However, if this market falls below $12.18, it may quickly hit the $5 level. 

GME stock price

More News

View More
Pfizer is Locking in New Growth Through a New Acquisition
Via MarketBeat
Topics Artificial Intelligence
Tickers MTSR PFE
Copper Giant Freeport Slumps but Analysts See 33% Upside
Via MarketBeat
Tickers FCX SCCO
The BYD Opportunity: Tesla-Like Growth at a Fraction of the Price
Via MarketBeat
Topics Electric Vehicles
Tickers BYDDY LI TSLA
3 Reasons CoreWeave Could Be the Hottest AI Stock in Q4
Via MarketBeat
Topics Artificial Intelligence
Tickers CRWV NVDA
Accenture: Undervalued GenAI Leader or Snake Eating its Own Tail?
Via MarketBeat
Tickers ACN IBM
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.