GoPro Inc (NASDAQ:GPRO) price on current trading day, rose 2.97% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.81.
A look at the stock’s price movement, the level at last check in today’s session was $0.78, moving within a range at $0.7601 and $0.8137. The beta value (5-Year monthly) was 1.62. Turning to its 52-week performance, $2.40 and $0.64 were the 52-week high and 52-week low respectively. Overall, GPRO moved -4.77% over the past month.
GoPro Inc’s market cap currently stands at around $128.88 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 124.65M for the company’s revenue for the quarter, with a low and high estimate of 124.1M and 125.19M respectively. The average forecast suggests down to a -19.82% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 738.52M, representing a -7.85% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GPRO is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend GPRO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GPRO’s current price about 8.46% and -9.20% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.18, while 7-day volatility ratio is 4.82% and 6.16% in the 30-day chart. Further, GoPro Inc (GPRO) has a beta value of 1.48, and an average true range (ATR) of 0.05. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -517.28% off recent price level in today’s trading while to achieve the yearly target high, it has to move -517.28%. Nonetheless, investors will most likely welcome a -517.28% jump to $5 which is the analysts’ median price.
If we refocus on GoPro Inc (NASDAQ:GPRO), historical trading data shows that trading volumes averaged 5.75 over the past 10 days and 3.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 154.76 million shares.
The 19.73% of GoPro Inc’s shares are in the hands of company insiders while institutional holders own 42.55% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.92 million on 2025-02-28, giving us a short ratio of 1.97. The data shows that as of 2025-02-28 short interest in GoPro Inc (GPRO) stood at 627.0 of shares outstanding, with shares short rising to 4.74 million registered in 2025-01-31. Current price change has pushed the stock -26.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GPRO stock continues to rise going into the next quarter.
