GoPro (GPRO) Guides Q1 Revs Above Views; Sees Margins Down Sequentially

Go back to GoPro (GPRO) Guides Q1 Revs Above Views; Sees Margins Down Sequentially

GoPro (GPRO) Price Target Lowered to $75 at FBN; Don't Overreact, Buy Weakness, Says Analyst

February 6, 2015 11:20 AM EST

FBN Securities reiterated an Outperform rating on GoPro (NASDAQ: GPRO) but lowered its price target to $75.00 (from $100.00). Analyst Shebly Seyrafi advised investors not to overreact to GM guidance and departure of the company's COO. He went on to say he would be a buyer of weakness today.

" ...we think that the company is being conservative for the following reasons: 1.) GPRO just... More

GoPro (GPRO): Dougherty May Revisit Stance if Shares Decline Further

February 6, 2015 9:37 AM EST

Dougherty & Co maintained a Neutral rating on GoPro (NASDAQ: GPRO). The stock declined despite reporting strong Q4 results. Analyst Charles Anderson said Q1 guidance "looks good," but he confessed his opinion could be in the minority. He went on to say valuation was keeping him on the sideline, but he would revisit his stance if declines continued.

"GoPro lent credence to the idea that it was a GoPro Christmas... More

GoPro (GPRO) PT Cut to $70 at Wedbush; Outperform Maintained as Guidance May Prove Conservative

February 6, 2015 9:31 AM EST

Wedbush analyst Michael Pachter lowered his price target on GoPro (NASDAQ: GPRO) to $70.00 (from $98.00) following Q4 results but maintained an Outperform rating.

Pachter believes GoPro should meet or exceed the high-end of conservative Q1:15 guidance. He also think that EPS estimates... More

GoPro (GPRO) Bearish Thesis Unchanged at Oppenheimer; PT Sliced to $35

February 6, 2015 6:38 AM EST

Oppenheimer analyst Andrew Uerkwitz said his bearish thesis on GoPro (NASDAQ: GPRO) is unchanged following Q4 results, which beat the Street. The analyst reiterated an Underperform rating and cut his price target to $35.00 (from $45.00).

Uerkwitz commented, "GoPro beat 4Q14 guidance and... More

Piper Jaffray Slices GoPro (GPRO) PT to $55 Posts Q4

February 6, 2015 6:25 AM EST

Piper Jaffray analyst Sean Naughton reiterated a Neutral rating and lowered his price target on GoPro (NASDAQ: GPRO) to $55.00 (from $90.00) following Q4 results.

commented, "GoPro reported impressive Q4 results driven by strong performance across the business. Reported adjusted EPS of $0.99 compared to consensus of... More

GoPro (GPRO) COO Resigns

February 5, 2015 4:57 PM EST

GoPro (NASDAQ: GPRO) noted on February 2, 2015, Nina Richardson, tendered her resignation as the Registrant's Chief Operating Officer effective as of February 27, 2015.

... More

GoPro (GPRO) Resume Trading; Shares Up 7%

February 5, 2015 4:37 PM EST

GoPro (NASDAQ: GPRO) resumed trading and was up as much as 13%. Shares currently up 7%.

... More

GoPro (GPRO) to resume trading at 4:35PM ET following blow-out Q4 results

February 5, 2015 4:16 PM EST

GoPro (NASDAQ: GPRO) to resume trading at 4:35PM ET following blow-out Q4 results

... More

GoPro (GPRO) Tops Q4 EPS by 29c

February 5, 2015 4:07 PM EST

GoPro (NASDAQ: GPRO) reported Q4 EPS of $0.99, $0.29 better than the analyst estimate of $0.70. Revenue for the quarter came in at $633.9 million versus the consensus estimate of $580.33 million.

"We're feeling good. GoPro was one of the best-selling products this holiday, selling-in an average... More

GoPro (GPRO) halted with news pending

February 5, 2015 4:04 PM EST

GoPro (NASDAQ: GPRO) halted with news pending.

... More

GoPro (GPRO) Likely to See 14% +/- Move With Earnings Tonight

February 5, 2015 1:12 PM EST

GoPro (NASDAQ: GPRO) is active and moving higher (+3.5%) ahead of earnings after the close of trading today. Analysts on average see the company posting earnings of $0.70 on revenues of $580.33 million, representing sequential growth of 483% and 107%, respectively.

If history is any guide, shares will be very volatile following the report. In the company's first two reports as a public company GoPro has seen a price swing of 14%+ in either direction in the trading session immediately following results, according to data at... More