Several analysts have recently updated their ratings and price targets for GoPro (NASDAQ: GPRO):
Shares of GoPro Inc. (NASDAQ:GPRO) opened at 9.89 on Monday. The firm has a 50-day moving average of $12.41 and a 200 day moving average of $12.54. The stock’s market capitalization is $1.39 billion. GoPro Inc. has a 52-week low of $8.62 and a 52-week high of $20.94.
GoPro (NASDAQ:GPRO) last issued its earnings results on Thursday, November 3rd. The company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.35) by $0.25. The company had revenue of $240.57 million for the quarter, compared to analysts’ expectations of $315.89 million. GoPro had a negative return on equity of 49.53% and a negative net margin of 31.23%. GoPro’s revenue for the quarter was down 39.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 earnings per share. Equities research analysts forecast that GoPro Inc. will post ($1.48) EPS for the current fiscal year.