NASDAQ:GPROGoPro Stock Price, Forecast & News

GoPro's stock was trading at $3.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GPRO stock has increased by 42.0% and is now trading at $4.70. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoPro in the last year. There are currently 2 sell ratings, 1 hold rating 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) posted its quarterly earnings results on Thursday, May, 7th. The company reported ($0.34) earnings per share for the quarter, hitting the consensus estimate of ($0.34). The company earned $119.40 million during the quarter, compared to analyst estimates of $119.10 million. GoPro had a negative net margin of 5.02% and a negative return on equity of 19.12%. GoPro's quarterly revenue was down 50.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.07) EPS. View GoPro's earnings history.

GoPro updated 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.

4 analysts have issued 12-month price objectives for GoPro's stock. Their forecasts range from $2.50 to $7.00. On average, they anticipate GoPro's stock price to reach $3.88 in the next twelve months. This suggests that the stock has a possible downside of 17.6%. View analysts' price targets for GoPro.

Headlines about GPRO stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. GoPro earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutGoPro.

GoPro saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 20,380,000 shares, a decline of 14.8% from the April 30th total of 23,920,000 shares. Based on an average daily trading volume, of 4,670,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 16.8% of the shares of the company are sold short. 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."

GoPro's stock is owned by a variety of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (6.34%), BlackRock Inc. (5.61%), State Street Corp (1.91%), Geode Capital Management LLC (1.19%), Morgan Stanley (1.04%) and Morgan Stanley (1.03%). Company insiders that own GoPro stock include Alexander J Lurie, Brian Mcgee, Eve T Saltman, James Lanzone, Nicholas Woodman, Sandor Barna and Tyrone Ahmad-Taylor. View institutional ownership trends for GoPro.

GPRO stock was sold by a variety of institutional investors in the last quarter, including GAM Holding AG, Nuveen Asset Management LLC, Wellington Management Group LLP, Morgan Stanley, Morgan Stanley, A.R.T. Advisors LLC, Wells Fargo & Company MN, and UBS Group AG. Company insiders that have sold GoPro company stock in the last year include Brian Mcgee, Eve T Saltman, Nicholas Woodman, and Tyrone Ahmad-Taylor. View insider buying and selling activity for GoPro.

GPRO stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Canada Pension Plan Investment Board, Nomura Holdings Inc., State Street Corp, Russell Investments Group Ltd., Geode Capital Management LLC, BlackRock Inc., and Invesco Ltd.. Company insiders that have bought GoPro stock in the last two years include Alexander J Lurie, and James Lanzone. View insider buying and selling activity for GoPro.

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 $4.70.

GoPro has a market capitalization of $740.59 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]