Zacks Research Issues Pessimistic Outlook for GoPro Earnings

GoPro, Inc. (NASDAQ:GPRO) – Equities research analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for shares of GoPro in a report released on Wednesday, February 26th. Zacks Research analyst V. Doshi now forecasts that the company will earn ($0.16) per share for the quarter, down from their previous estimate 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.

A number of other equities research analysts have also recently issued reports on the stock. StockNews.com cut shares of GoPro from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. Wedbush reissued a “neutral” rating and set a $1.50 target price on shares of GoPro in a research note on Friday, January 31st.

GoPro Stock Performance

NASDAQ GPRO opened at $0.73 on Monday. The stock has a market capitalization of $112.98 million, a price-to-earnings ratio of -0.26 and a beta of 1.51. The stock has a 50-day moving average of $0.97 and a 200 day moving average of $1.18. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.51. GoPro has a twelve month low of $0.68 and a twelve month high of $2.40.

GoPro (NASDAQ:GPRO) last released its quarterly earnings results on Thursday, February 6th. The company reported ($0.13) EPS 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 Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. GSA Capital Partners LLP raised its position in shares of GoPro by 149.4% in the third quarter. GSA Capital Partners LLP now owns 2,542,398 shares of the company’s stock valued at $3,458,000 after buying an additional 1,523,183 shares during the last quarter. RIA Advisory Group LLC acquired a new stake in GoPro in the 3rd quarter valued at about $27,000. Intech Investment Management LLC purchased a new position in GoPro in the 3rd quarter worth approximately $35,000. Prentice Capital Management LP boosted its holdings in shares of GoPro by 430.4% during the 3rd quarter. Prentice Capital Management LP now owns 75,362 shares of the company’s stock worth $102,000 after purchasing an additional 61,154 shares during the last quarter. Finally, State Street Corp grew its position in shares of GoPro by 0.5% in the third quarter. State Street Corp now owns 2,533,952 shares of the company’s stock valued at $3,446,000 after purchasing an additional 11,454 shares in the last quarter. 70.09% of the stock is owned by institutional investors and hedge funds.

GoPro Company Profile

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.