In the last trading session, 2.79 million shares of the GoPro Inc (NASDAQ:GPRO) were traded, and its beta was 1.55. Most recently the company’s share price was $1.16, and it changed around -$0.03 or -2.52% from the last close, which brings the market valuation of the company to $182.59M. GPRO currently trades at a discount to its 52-week high of $3.80, offering almost -227.59% off that amount. We note from GoPro Inc’s average daily trading volume that its 10-day average is 2.61 million shares, with the 3-month average coming to 1.28 million.

GoPro Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.67. If we narrow it down even further, the data shows that 1 out of 13 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 9 recommended GPRO as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. GoPro Inc is expected to report earnings per share of -0.12 for the current quarter.

GoPro Inc (NASDAQ:GPRO) trade information

Instantly GPRO has showed a red trend with a performance of -2.52% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.4300 on recent trading dayincreased the stock’s daily price by 18.88%. The company’s shares are currently down -66.57% year-to-date, but still down -19.44% over the last five days. On the other hand, GoPro Inc (NASDAQ:GPRO) is -11.45% down in the 30-day period. We can see from the shorts that 5.72 million shares have been sold at a short interest cover period of 6.32 day(s).

The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 76.8% from its current value. Analyst projections state that GPRO is forecast to be at a low of $5 and a high of $5.

GoPro Inc (GPRO) estimates and forecasts

GoPro Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -26.11 percent over the past six months and at a -615.00% annual growth rate that is well below the industry average of 19.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -675.00% in revenue this quarter, and will report an increase of 64.29% in the next quarter. The year-over-year growth rate is expected to be -20.45%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 196.5M in revenue for the current quarter. 2 analysts expect GoPro Inc to make 136.25M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 295.42M and 155.47M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -33.48%. Forecasts for the next quarter put sales growth at -12.36%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.00%. GoPro Inc earnings are expected to increase by -1120.60% in 2024, but the outlook is positive 10.00% per year for the next five years.

GPRO Dividends

GoPro Inc’s next quarterly earnings report is expected to be released in December.

GoPro Inc (NASDAQ:GPRO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.41% of GoPro Inc shares, and 54.22% of them are in the hands of institutional investors. The stock currently has a share float of 55.56%. GoPro Inc stock is held by 195.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.9514% of the shares, which is about 10.5 million shares worth $14.91 million.

VANGUARD GROUP INC, with 4.9911% or 7.54 million shares worth $10.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.