GoPro (GPRO) Price Target Raised to $100 at FBN
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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
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.
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October 30, 2014 4:08 PM EDT
GoPro (NASDAQ: GPRO) reported Q3 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenue for the quarter came in at $280 million versus the consensus estimate of $263.9 million.
"The global scale and execution of our HERO4 launch made this the most successful roll... More
