GoPro Announces Q4 and Calendar Year 2015 Preliminary Results

GoPro's (GPRO) Negative Announcement Keeps Needham & Company Sidelined on Ambarella (AMBA)

Needham & Company reiterated a Hold rating on Ambarella (NASDAQ: AMBA) following GoPro's (NASDAQ: GPRO) negative 4Q pre-announcement. GoPro exposure has been the primary overhang on AMBA shares over the past six months. Needham views the new... More

MobilEye (MBLY) Weakness May be Tied to GoPro's (GPRO) Collapse

Weakness in MobilEye (NYSE: MBLY) Thursday morning could be tied to a collapse in shares of GoPro (NASDAQ: GPRO) following its Q4 warning yesterday. While in completely different businesses, both so called momentum stocks were... More

Barclays Downgrades GoPro (GPRO) to Equalweight

Barclays downgraded GoPro (NASDAQ: GPRO) from Overweight to Equalweight.

For an analyst ratings summary and ratings history on GoPro click here. For more ratings news on GoPro click here.

Shares of GoPro closed at $14.61 yesterday.

Wedbush Cuts Price Target on GoPro (GPRO) Following Negative 4Q Pre-Announcement

Wedbush maintained an Outperform rating on GoPro (NASDAQ: GPRO), and cut the price target to $18.00 (from $33.00), following the company's negative 4Q pre-announcement. Q4 revenue is expected to be roughly $435 million, well below the guidance range of $500 550 million, and consensus of $512 million. The HERO4 Session has been a... More

GoPro (GPRO) Dead Cat Bounce?

Down over 20% this morning to $11.68 after its fourth quarter warning, some are looking for a dead cat bounce on GoPro (NASDAQ: GPRO) today.

Short interest is high on GoPro and those shorts could move to lock in gains.

Dougherty & Co Cuts PT to $13 on GoPro (GPRO) Following Negative Pre-Announcement

Dougherty & Co maintained a Buy rating on GoPro (NASDAQ: GPRO), and cut the price target to $13.00 (from $30.00), following the company's pre-announced negative 4Q earnings report. The company expects revenue to be $435MM, 17% below the midpoint of guidance of $525MM, and below consensus of $512MM. GoPro attributed the weakness to lower-than-expected sell-through... More

GoPro (GPRO) Estimates and Price Target Slashed at Northland Capital

Northland Capital Markets analyst, Gus Richard, slashed his PT on GoPro (NASDAQ: GPRO) nearly in half to $20 from $39 but left his Outperform rating on the stock.

GPRO preannounced revenues of $435M versus Q4 guidance of $500M-$550M. Roughly $21M of the miss was from price protection of its HERO 4 Session. GoPro cited weak sell... More

GoPro (GPRO) PT Slashed to $9 at Piper Jaffray on Negative Pre-Announcement

Piper Jaffray analyst Erinn Murphy reiterated an Underweight rating and lowered her estimates and price target on GoPro (NASDAQ: GPRO) to $9.00 (from $15.00) after the material revision to Q4 sales and projected margins.

Murphy commented, "Sell-through rates were challenged throughout the quarter but... More

GoPro's (GPRO) Q4 Warning Likely to Weigh on Ambarella (AMBA), Says Deutsche Bank

Deutsche Bank analyst Ross Seymore thinks soft preliminary Q4 results from GoPro (NASDAQ: GPRO) will weigh on shares of Ambarella (NASDAQ: AMBA). Both stock traded lower after-hours Wednesday following an announcement from GoPro.

"After the close today,... More

GoPro (GPRO) Slammed on Weak Holiday Quarter

GoPro (NASDAQ: GPRO) shares were crushed after-hours Wednesday after the company told investors that fourth quarter results would be much less than anticipated. The company also announced job cuts to stem the bleeding.

GoPro said it expects to report fourth quarter revenue of approximately... More