Is Games Workshop heading higher or is this just fantasy?

Independent analyst Alistair Strang takes a look at what the future might hold for this popular FTSE 100 company.

17th June 2026 06:59

by Alistair Strang from Trends and Targets

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A member of staff paints a Games Workshop figure

It’s quite interesting to note that Games Workshop Group (LSE:GAW) are now trading above our logical “top”, the number beyond which we would normally be unable to calculate. 

This worked out at 18,941p and with a relatively impressive degree of confidence, the market managed to confirm our calculations with the current very visible pause around the 19,000p level. 

But we’re starting to suspect that the current hiatus may yet prove just a stutter for the future, as now above 20,340p should apparently trigger a climb to an initial 20,606p. 

Our secondary, if bettered, works out at 21,304 and yet another all-time high. In fact, our secondary target level is a bit arguable as we can also present a longer-term ambition at a future 22,128p.

Games Workshop performance chart

Source: Trends and Targets. Past performance is not a guide to future performance.

Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.

Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea. 

These articles are provided for information purposes only.  Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties.  The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.

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