NASDAQ:GPROGoPro Stock Price, Forecast & News

GoPro's stock was trading at $3.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GPRO shares have increased by 45.9% and is now trading at $4.83. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoPro in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for GoPro.

GoPro is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for GoPro.

GoPro Inc (NASDAQ:GPRO) announced its quarterly earnings results on Thursday, May, 7th. The company reported ($0.34) EPS for the quarter, meeting the Zacks' consensus estimate of ($0.34). The firm had revenue of $119.40 million for the quarter, compared to analyst estimates of $119.10 million. GoPro had a negative return on equity of 19.12% and a negative net margin of 5.02%. GoPro's quarterly revenue was down 50.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) EPS. View GoPro's earnings history.

GoPro issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 16th. The company provided earnings per share (EPS) guidance of -0.3--0.3 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.31. The company issued revenue guidance of $119-119 million, compared to the consensus revenue estimate of $148.12 million.

5 brokerages have issued 1-year target prices for GoPro's shares. Their forecasts range from $2.50 to $7.00. On average, they expect GoPro's share price to reach $3.88 in the next year. This suggests that the stock has a possible downside of 19.8%. View analysts' price targets for GoPro.

Media headlines about GPRO stock have been trending very negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. GoPro earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about GoPro.

GoPro saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 11,580,000 shares, a decrease of 36.5% from the May 31st total of 18,230,000 shares. Based on an average daily trading volume, of 4,380,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 9.6% of the shares of the stock are short sold. View GoPro's Current Options Chain.

Some companies that are related to GoPro include Canon (CAJ), FUJIFILM Holdings Co. American Depositary Shares (FUJIY), Ricoh (RICOY), Imax (IMAX), Eastman Kodak (KODK), Boxlight (BOXL) and IKONICS (IKNX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other GoPro investors own include Alibaba Group (BABA), Twitter (TWTR), Netflix (NFLX), Tesla (TSLA), Gilead Sciences (GILD), Micron Technology (MU), NVIDIA (NVDA), Alphabet (GOOG), Ambarella (AMBA) and Intel (INTC).

GoPro trades on the NASDAQ under the ticker symbol "GPRO."

Shares of GPRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GPRO stock can currently be purchased for approximately $4.83.

GoPro has a market capitalization of $761.06 million and generates $1.19 billion in revenue each year. The company earns $-14,640,000.00 in net income (profit) each year or $0.02 on an earnings per share basis. GoPro employs 891 workers across the globe.

The official website for GoPro is www.gopro.com.

GoPro's mailing address is 3000 CLEARVIEW WAY, SAN MATEO CA, 94402. The company can be reached via phone at 650-332-7600 or via email at [email protected]