GoPro (GPRO) Tops Q3 EPS by 4c

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GoPro (GPRO) Price Target Raised to $100 at FBN

October 31, 2014 1:32 PM EDT

FBN Securities maintained an Outperform rating on GoPro (NASDAQ: GPRO) and raised its price target to $100.00 (from $90.00). Analyst Shebly Seyrafi called its Q3 a blowout quarter.

"GPROs momentum is continuing, it has a strong product cycle that is just beginning, and the GM and ASP metrics have good upside near-term. Investors should be buying at current levels," said Seyrafi.

"The company just reported a blowout quarter with revenue of $280M being 6% above consensus, units of 1.089M being 8%... More

GoPro (GPRO) Price Target Raised to $98 at Wedbush

October 31, 2014 8:20 AM EDT

Wedbush maintained an Outperform rating on GoPro (NASDAQ: GPRO) and raised its price target to $98.00 (from $81.00). . Analyst Michael Pachter said Q3 results exceeded his already bullish expectations.

"The revenue beat was driven by higher camera volume, as well as stronger-than-expected direct and Americas revenues. The company shipped several hundred thousand units of its new capture devices to its domestic partners. According to management, HERO4 Black... More

Piper Jaffray Materially Raises Estimates on GoPro (GPRO) Post Q3, Maintains Rating and Price Target

October 31, 2014 7:30 AM EDT

Piper Jaffray analyst Sean Naughton reiterated an Overweight rating and $90 price target on GoPro (NASDAQ: GPRO) on strong Q3 results and guidance.

Naughton commented, "Not surprisingly, GoPro reported strong topline and bottomline results, handily exceeding expectations. The company managed to grow revenue 46%... More

UPDATE: GoPro (GPRO) sees Q4 revs of $550M - $580M; Est. at $500M; Guides Q4 EPS Above Views

October 30, 2014 5:30 PM EDT

(Updated - October 30, 2014 5:32 PM EDT)

GoPro (NASDAQ: GPRO) sees Q4 revs of $550 - $580 million, with estimates at $500.2 million.

The company also sees Q4 EPS of $0.65 - $0.69, versus the consensus of $0.53.

... More