GoPro (NASDAQ:GPRO) Issues Earnings Results, Misses Expectations By $0.12 EPS

GoPro (NASDAQ:GPRO - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.12), Zacks reports. GoPro had a negative net margin of 53.94% and a negative return on equity of 55.77%. GoPro updated its Q1 2025 guidance to -0.160--0.100 EPS.

GoPro Stock Down 2.1 %

GPRO traded down $0.02 during mid-day trading on Monday, reaching $0.88. 6,254,109 shares of the stock were exchanged, compared to its average volume of 2,452,715. GoPro has a 1 year low of $0.85 and a 1 year high of $2.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.32. The stock has a market capitalization of $136.19 million, a PE ratio of -0.31 and a beta of 1.51. The company has a 50 day moving average price of $1.10 and a two-hundred day moving average price of $1.24.

Analysts Set New Price Targets

Separately, Wedbush reiterated a "neutral" rating and set a $1.50 price target on shares of GoPro in a research note on Friday, January 31st.

About GoPro

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.