GoPro Inc (NASDAQ:GPRO) price on Thursday, April 10, fall -1.76% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.48.
A look at the stock’s price movement, the close in the last trading session was $0.49, moving within a range at $0.4605 and $0.5. The beta value (5-Year monthly) was 1.54. Turning to its 52-week performance, $2.02 and $0.40 were the 52-week high and 52-week low respectively. Overall, GPRO moved -33.01% over the past month.
GoPro Inc’s market cap currently stands at around $77.02 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 718.63M, representing a -10.34% 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 100% 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 -27.75% and -36.54% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 24.75, while 7-day volatility ratio is 17.87% and 9.63% in the 30-day chart. Further, GoPro Inc (GPRO) has a beta value of 1.44, and an average true range (ATR) of 0.06. 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 -941.67% off current price level while to achieve the yearly target high, price needs to move -941.67%. Nonetheless, investors will most likely welcome a -941.67% 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 5.12 over the past 10 days and 4.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 129.20 million shares.
The 19.45% of GoPro Inc’s shares are in the hands of company insiders while institutional holders own 41.81% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.82 million on 2025-03-14, giving us a short ratio of 2.48. The data shows that as of 2025-03-14 short interest in GoPro Inc (GPRO) stood at 683.0 of shares outstanding, with shares short rising to 7.52 million registered in 2025-02-14. Current price change has pushed the stock -55.85% 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.
