GoPro shares slide after disappointing revenue estimate

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

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

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'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