Form 8-K GoPro, Inc. For: Oct 30

Go back to Form 8-K GoPro, Inc. For: Oct 30

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

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