In the latest trading session, 0.67 million GoPro Inc (NASDAQ:GPRO) shares changed hands as the company’s beta touched 1.61. With the company’s most recent per share price at $0.77 changed hands at -$0.02 or -2.41% at last look, the market valuation stands at $121.23M. GPRO’s current price is a discount, trading about -214.29% off its 52-week high of $2.42. The share price had its 52-week low at $0.76, which suggests the last value was 1.3% up since then.
Analysts gave the GoPro Inc (GPRO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GPRO as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. GoPro Inc’s EPS for the current quarter is expected to be -0.12.
GoPro Inc (NASDAQ:GPRO) trade information
Instantly GPRO was in red as seen in intraday trades today. With action -13.44%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -29.34%, with the 5-day performance at -13.44% in the red. However, in the 30-day time frame, GoPro Inc (NASDAQ:GPRO) is -25.94% down.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 84.6% from its recent market value. According to analyst projections, GPRO’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -549.35% plunge from its current level, while the stock would need to soar -549.35% for it to hit the projected low.
GoPro Inc (GPRO) estimates and forecasts
Year-over-year growth is forecast to reach -7.85% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 124.65M. 2 analysts are of the opinion that GoPro Inc’s revenue for the current quarter will be 161.9M. The company’s revenue for the corresponding quarters a year ago was 155.47M and 186.22M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -19.82%. The estimates for the next quarter sales put growth at -13.06%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -94.63%. The 2025 estimates are for GoPro Inc earnings to increase by 101.91%.
GoPro Inc (NASDAQ:GPRO)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.9911% or 7.54 million shares worth $10.71 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 4.01 shares estimated at $3.09 million under it, the former controlled 3.12% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.94% of the shares, roughly 3.78 shares worth around $2.91 million.
