GoPro (NASDAQ:GPRO - Get Free Report) updated its third quarter 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of -0.060--0.020 for the period, compared to the consensus estimate of 0.080. The company issued revenue guidance of $150.0 million-$170.0 million.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on GPRO. Wall Street Zen raised GoPro from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Morgan Stanley restated an "underweight" rating on shares of GoPro in a report on Tuesday. Finally, Wedbush reiterated a "neutral" rating and set a $0.75 price objective (down previously from $1.00) on shares of GoPro in a research note on Tuesday, May 13th.
Read Our Latest Stock Report on GPRO
GoPro Stock Up 3.1%
Shares of GoPro stock traded up $0.04 during trading on Friday, reaching $1.35. The company's stock had a trading volume of 4,520,922 shares, compared to its average volume of 21,764,292. The company has a 50-day simple moving average of $1.02 and a two-hundred day simple moving average of $0.80. GoPro has a 1-year low of $0.40 and a 1-year high of $2.37. The company has a market cap of $212.69 million, a price-to-earnings ratio of -1.96 and a beta of 1.40.
GoPro (NASDAQ:GPRO - Get Free Report) last released its earnings results on Monday, May 12th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.01. GoPro had a negative net margin of 14.53% and a negative return on equity of 49.10%. The company had revenue of $134,308 billion for the quarter, compared to the consensus estimate of $124.65 million. As a group, analysts anticipate that GoPro will post -0.25 earnings per share for the current year.
Institutional Trading of GoPro
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GPRO. Jump Financial LLC acquired a new stake in shares of GoPro in the second quarter worth $25,000. Captrust Financial Advisors grew its position in shares of GoPro by 89.6% during the 2nd quarter. Captrust Financial Advisors now owns 33,041 shares of the company's stock valued at $25,000 after acquiring an additional 15,618 shares during the period. Banco BTG Pactual S.A. purchased a new position in GoPro during the second quarter worth approximately $27,000. BNP Paribas Financial Markets raised its stake in shares of GoPro by 323.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 36,497 shares of the company's stock worth $28,000 after buying an additional 27,887 shares during the period. Finally, Brevan Howard Capital Management LP acquired a new position in GoPro during the second quarter worth $187,000. Institutional investors and hedge funds own 70.09% of the company's stock.
About GoPro
(
Get Free Report)
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.
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