Zacks Research Issues Negative Estimate for GoPro Earnings

GoPro, Inc. (NASDAQ:GPRO - Free Report) - Stock analysts at Zacks Research reduced their Q1 2025 earnings estimates for GoPro in a research report issued on Wednesday, February 26th. Zacks Research analyst V. Doshi now forecasts that the company will post earnings of ($0.16) per share for the quarter, down from their prior forecast of ($0.13). The consensus estimate for GoPro's current full-year earnings is ($0.25) per share. Zacks Research also issued estimates for GoPro's Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.30) EPS, Q2 2026 earnings at ($0.02) EPS, Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at ($0.05) EPS, FY2026 earnings at ($0.16) EPS and FY2027 earnings at ($0.14) EPS.

Other research analysts have also issued research reports about the company. StockNews.com lowered GoPro from a "hold" rating to a "sell" rating in a report on Friday, February 28th. Wedbush reiterated a "neutral" rating and set a $1.50 price objective on shares of GoPro in a research report on Friday, January 31st.

GoPro Price Performance

Shares of GPRO stock traded up $0.01 during mid-day trading on Monday, hitting $0.73. 1,505,043 shares of the stock were exchanged, compared to its average volume of 2,865,624. The company has a quick ratio of 0.87, a current ratio of 1.32 and a debt-to-equity ratio of 0.51. GoPro has a 52-week low of $0.68 and a 52-week high of $2.40. The firm has a fifty day moving average of $0.96 and a 200 day moving average of $1.17. The company has a market cap of $112.51 million, a PE ratio of -0.26 and a beta of 1.62.

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GoPro (NASDAQ:GPRO - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.12). GoPro had a negative net margin of 53.94% and a negative return on equity of 55.77%.

Institutional Trading of GoPro

Hedge funds have recently added to or reduced their stakes in the stock. RIA Advisory Group LLC acquired a new position in GoPro during the third quarter worth about $27,000. Tower Research Capital LLC TRC grew its stake in shares of GoPro by 153.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 23,905 shares of the company's stock valued at $26,000 after buying an additional 14,485 shares during the period. R Squared Ltd acquired a new position in shares of GoPro in the 4th quarter valued at about $27,000. Intech Investment Management LLC purchased a new stake in GoPro during the third quarter worth approximately $35,000. Finally, Picton Mahoney Asset Management increased its holdings in GoPro by 77.4% in the 4th quarter. Picton Mahoney Asset Management now owns 27,908 shares of the company's stock valued at $30,000 after purchasing an additional 12,172 shares in the last quarter. 70.09% of the stock is owned by institutional investors and hedge funds.

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.