GoPro (NASDAQ:GPRO) Announces Earnings Results, Misses Expectations By $0.03 EPS

Key Points

• GoPro reported a quarterly earnings loss of ($0.10) per share, falling short of the consensus estimate of ($0.07) by ($0.03).
• The company faces a negative net margin of 17.93% and a negative return on equity of 60.09%.
• Goldman Sachs increased its stake in GoPro by 6.1%, and institutional investors now own 70.09% of the company's stock.

GoPro (NASDAQ:GPRO - Get Free Report) posted its earnings results on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.03), Zacks reports. The company had revenue of $152.64 million for the quarter, compared to analyst estimates of $146.15 million. GoPro had a negative return on equity of 49.10% and a negative net margin of 14.53%. GoPro updated its Q3 2025 guidance to -0.060--0.020 EPS.

GoPro Stock Up 3.1%

Shares of NASDAQ:GPRO traded up $0.04 during midday trading on Friday, hitting $1.35. The stock had a trading volume of 4,520,922 shares, compared to its average volume of 21,764,292. The company's 50-day moving average price is $1.02 and its 200-day moving average price is $0.80. The company has a market capitalization of $212.69 million, a P/E ratio of -1.96 and a beta of 1.40. GoPro has a fifty-two week low of $0.40 and a fifty-two week high of $2.37.

Institutional Investors Weigh In On GoPro

Several hedge funds and other institutional investors have recently made changes to their positions in GPRO. Jump Financial LLC acquired a new position in shares of GoPro in the 2nd quarter worth approximately $25,000. Captrust Financial Advisors grew its position in GoPro by 89.6% during the second quarter. Captrust Financial Advisors now owns 33,041 shares of the company's stock valued at $25,000 after buying an additional 15,618 shares during the period. Banco BTG Pactual S.A. bought a new position in GoPro during the second quarter worth about $27,000. BNP Paribas Financial Markets boosted its position in GoPro by 323.9% during the second quarter. BNP Paribas Financial Markets now owns 36,497 shares of the company's stock worth $28,000 after purchasing an additional 27,887 shares during the period. Finally, Brevan Howard Capital Management LP bought a new position in shares of GoPro in the second quarter valued at approximately $187,000. 70.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on GPRO shares. Wall Street Zen upgraded shares of GoPro from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Morgan Stanley restated an "underweight" rating on shares of GoPro in a research note on Tuesday. Finally, Wedbush restated a "neutral" rating and set a $0.75 target price (down previously from $1.00) on shares of GoPro in a research note on Tuesday, May 13th.

GoPro Company Profile

GoPro, Inc develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.