GoPro (NASDAQ:GPRO - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of -0.230--0.170 for the period, compared to the consensus EPS estimate of -0.060. The company issued revenue guidance of $95.0 million-$105.0 million, compared to the consensus revenue estimate of $69.9 million. GoPro also updated its FY 2026 guidance to EPS.
GoPro Stock Down 7.4%
Shares of GoPro stock traded down $0.08 on Thursday, hitting $1.00. The company had a trading volume of 9,071,916 shares, compared to its average volume of 3,212,744. The stock has a 50-day moving average of $1.18 and a 200-day moving average of $1.61. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.95 and a quick ratio of 0.72. GoPro has a twelve month low of $0.40 and a twelve month high of $3.05. The firm has a market capitalization of $159.73 million, a P/E ratio of -1.30 and a beta of 1.76.
Analysts Set New Price Targets
GPRO has been the topic of several research reports. Weiss Ratings restated a "sell (d-)" rating on shares of GoPro in a research note on Thursday, January 22nd. Wall Street Zen lowered GoPro from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, GoPro has an average rating of "Sell" and an average price target of $0.75.
View Our Latest Stock Report on GoPro
Institutional Investors Weigh In On GoPro
Institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. boosted its stake in shares of GoPro by 24.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 99,450 shares of the company's stock worth $211,000 after buying an additional 19,366 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of GoPro in the third quarter valued at $62,000. Brevan Howard Capital Management LP bought a new stake in shares of GoPro during the 2nd quarter worth about $187,000. Caitong International Asset Management Co. Ltd boosted its stake in GoPro by 213.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 40,591 shares of the company's stock valued at $57,000 after purchasing an additional 27,632 shares during the period. Finally, Sender Co & Partners Inc. acquired a new position in shares of GoPro during the 3rd quarter worth approximately $55,000. 70.09% of the stock is owned by institutional investors.
About GoPro
(
Get Free Report)
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.
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