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Will GameStop (GME) reach $420.69 by EOY?

As of January 2021, the stock price of GameStop (GME) is seeing the sharpest rise in its history.

The Reddit user /u/deepfuckingvalue active on r/wallstreetbets seems to have predicted the rise of this stock as early as 2 years ago. Now r/wallstreetbets is very bullish on GME and they predict a $420.69 price.

r/wallstreetbets, and the GME rise in general, has gotten a lot of media attention. This atypical situation, in which r/wallstreetbets seems to play a sort of role (it's still unclear how influential they really are) has also happened recently with the relatively sudden rise of other stocks such as TSLA, PLTR, and NIO.

Will the publicly-traded company GameStop (GME) reach a $420.69 stock price by the end of 2021?

The question will resolve positively if the GME stock price will reach $420.69 by the end of 2021, as indicated by Google. Otherwise, negatively.


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Metaculus help: Community Stats

Use the community stats to get a better sense of the community consensus (or lack thereof) for this question. Sometimes people have wildly different ideas about the likely outcomes, and sometimes people are in close agreement. There are even times when the community seems very certain of uncertainty, like when everyone agrees that event is only 50% likely to happen.

When you make a prediction, check the community stats to see where you land. If your prediction is an outlier, might there be something you're overlooking that others have seen? Or do you have special insight that others are lacking? Either way, it might be a good idea to join the discussion in the comments.