GoPro (NASDAQ:GPRO) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Technical move: GoPro shares briefly crossed above their 200‑day moving average on Friday, trading as high as $1.4275 versus the 200‑day average of $1.34 on about 8.34 million shares of volume.
• Analyst sentiment remains negative — MarketBeat shows an average rating of Sell with an average target price of $0.75, despite one recent upgrade to a "hold."
• Weak fundamentals: the company missed last-quarter expectations (EPS -$0.02 vs $0.04 est; revenue $201.67M vs $244.69M), reports negative margins and ROE, and guided Q1 2026 to -$0.230–-0.170 EPS.

GoPro, Inc. (NASDAQ:GPRO - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.34 and traded as high as $1.4275. GoPro shares last traded at $1.33, with a volume of 8,344,773 shares traded.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of GoPro in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of GoPro from a "strong sell" rating to a "hold" rating in a research report on Sunday, March 15th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Sell" and an average target price of $0.75.

GoPro Stock Performance

The stock's 50 day simple moving average is $0.86 and its two-hundred day simple moving average is $1.34. The company has a quick ratio of 0.63, a current ratio of 0.91 and a debt-to-equity ratio of 0.58. The company has a market cap of $218.33 million, a PE ratio of -2.25 and a beta of 1.65.

GoPro (NASDAQ:GPRO - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.06). GoPro had a negative net margin of 14.35% and a negative return on equity of 72.66%. The business had revenue of $201.67 million during the quarter, compared to analysts' expectations of $244.69 million. GoPro has set its Q1 2026 guidance at -0.230--0.170 EPS. As a group, research analysts anticipate that GoPro, Inc. will post -0.04 earnings per share for the current year.

Hedge Funds Weigh In On GoPro

Hedge funds have recently made changes to their positions in the business. Captrust Financial Advisors raised its stake in shares of GoPro by 89.6% in 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. Jump Financial LLC purchased a new position in shares of GoPro in the 2nd quarter valued at $25,000. Jefferies Financial Group Inc. purchased a new position in shares of GoPro in the 3rd quarter valued at $27,000. Caitong International Asset Management Co. Ltd raised its stake in shares of GoPro by 1,295,800.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 12,959 shares of the company's stock valued at $27,000 after acquiring an additional 12,958 shares during the period. Finally, Banco BTG Pactual S.A. purchased a new position in shares of GoPro in the 2nd quarter valued at $27,000. Hedge funds and other institutional investors own 70.09% of the company's stock.

GoPro Company Profile

GoPro, Inc NASDAQ: GPRO is an American technology company specializing in the design and manufacture of compact, high-definition cameras and related accessories. Headquartered in San Mateo, California, GoPro's product lineup is centered on its flagship HERO series of action cameras, which combine rugged construction, waterproof housings and advanced imaging capabilities. In addition to the HERO line, the company offers the MAX camera for 360-degree video capture, along with an array of mounts, grips and protective cases to support use in extreme sports, travel and professional video production.

Since its founding in 2002 by Nicholas Woodman, who continues to serve as chief executive officer, GoPro has expanded beyond hardware into software and cloud-based services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.