
GoPro's ticker symbol is GPRO, and as of our last update, it's listed on the NASDAQ stock exchange.
The company's market capitalization has fluctuated over the years, with a high of around $10 billion in 2014.
GoPro's financial performance has been impacted by changes in the consumer electronics market and increased competition.
The company's revenue has declined in recent years, from $1.62 billion in 2014 to $1.08 billion in 2020.
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Valuation and Stock Performance
GoPro's stock has been trading at $1.7, down 55.6% over the past year. This is a significant decline, but it's not the only factor to consider when evaluating the company's valuation.
The free-float of GoPro's stock is around 69.16%, which means that a large portion of the company's shares are available for trading. This can be a positive factor for investors, as it can increase liquidity and make it easier to buy and sell shares.
GoPro's enterprise value is currently around $98.97M, which is a significant decrease from its peak of $15.01B. This could be a sign that the company is undervalued, but it's essential to consider other factors as well.
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Here's a summary of GoPro's valuation metrics:
As you can see, GoPro's valuation metrics are quite volatile, with significant fluctuations between 2024 and 2025. This could be a sign of a company in transition, but it's also essential to consider other factors such as the company's revenue growth and profitability.
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Financial Reports
GoPro's financial reports show a mixed picture. Revenue declined in Q1, but was 7% above guidance.
The company is counting on growth in subscriptions as camera sales fall. GoPro Subscribers grew 6% Year-over-Year to 2.5 million in Q1.
Subscription and Service Revenue was $26 million, up 12% Year-over-Year in Q1. This growth is a positive sign for the company.
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Q1 Results
In the first quarter, GoPro's revenue of $155 million was 7% above guidance. This indicates a strong start to the year for the company.
GoPro's subscriber base grew 6% year-over-year to 2.5 million.
Q2 Results
In Q2, the company saw a significant increase in revenue, with a 15% growth compared to the same period last year.
This growth was largely driven by the successful launch of their new product line, which accounted for 30% of total revenue.
The company's net income also saw a notable improvement, with a 20% increase compared to Q2 of the previous year.
However, operating expenses increased by 12%, mainly due to higher marketing and research and development costs.
The company's cash and cash equivalents decreased by 10% due to the increased investment in research and development.
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Q3 Results
In the third quarter, GoPro's revenue was a respectable $259 million.
GoPro's subscriber base grew 2% year-over-year to 2.56 million.
The company's subscription and service revenue was $27.5 million, a significant 11% increase from the previous year.
GoPro has announced an updated restructuring plan.
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Q1 Earnings Plunge
Financial reports can be overwhelming, but let's break down the key points.
The first quarter earnings for GoPro have taken a hit, with a significant decline in revenue.
The company is counting on growth in subscriptions to offset the decline in camera sales.
Shareholders are likely looking for ways to recoup their investments, but it's unclear what the future holds.
GoPro's reliance on camera sales has been a major contributor to their financial struggles.
The company is hoping that a shift towards subscription-based services will help stabilize their revenue.
As a result, investors are closely watching the company's subscription growth to gauge its potential for recovery.
Announces Two New Cameras
GoPro has announced two new cameras. The HERO13 Black is priced at $399 and the HERO is priced at $199.
The HERO13 Black features a magnetic latch mounting system. This makes it easy to attach and detach the camera from a mount.
The HERO13 Black also comes with GPS capabilities. This feature allows for more precise location tracking and navigation.
The HERO13 Black has extended power capabilities. This means users can capture more footage without needing to recharge the battery.
The HERO13 Black has four swappable HB-Series lens options. These lenses provide ideal settings for capturing different types of footage, including ultra-wide POV shots.
Press Releases: Inc
GoPro, Inc. has been making waves in the tech world, and we've got the scoop on their latest press releases. GoPro Announced an updated 360 experience featuring a refreshed $349 MAX camera, all-new 360 editing experience, and AI-powered object tracking in the Quik app and Adobe plugins on February 18.
The MAX camera is a significant upgrade, offering improved features and capabilities. GoPro also partnered with Kimpex for distribution in Canada on February 13.
We can expect more from GoPro in the future, but for now, let's take a look at their Q4 earnings. GoPro reported Q4 earnings on February 6, with a Q4 2024 Management Commentary and Q4 2024 Supplemental Slides also released on the same day.
Here's a summary of GoPro's recent press releases:
Market Outlook and Forecasts
GoPro's shares are dirt cheap, but the future is uncertain. The company is trying to update its business model, but it's unclear if it will be enough to turn things around.
GoPro is trying to broaden its appeal while also building out a subscription business. This could be a key factor in determining the company's future success.
According to one analyst, the rating for GPRO stock is "Hold", which suggests a neutral outlook. The 12-month stock price forecast is $1.5, which is a specific target to keep an eye on.
The company's limited runway ahead is a concern, with some uncertainty about how long it will take to see improvements.
Challenges and Controversies
The world of GoPro wasn't always as smooth sailing as it seems today. The company faced a major crisis in 2017 when its stock price plummeted by 50% in a single day.
GoPro's struggles with profitability and declining sales led to a significant decline in investor confidence. The company's market value dropped from over $12 billion to just $2 billion.
The controversy surrounding GoPro's business model and leadership has been ongoing for years. Many investors and analysts questioned the company's ability to adapt to changing market trends.
The company's decision to shift its focus from action cameras to cloud-based services was seen as a bold move, but it didn't quite pay off. GoPro's attempts to diversify its product line and enter new markets have been met with skepticism.
Despite these challenges, GoPro has managed to stay afloat and even report some positive financial results in recent years. However, the company still faces intense competition from other tech giants and startups.
Frequently Asked Questions
Is GoPro stock worth buying?
According to analyst consensus, GoPro stock has a Moderate Sell rating, indicating potential risks. If you're considering buying GoPro stock, it's worth exploring the latest analyst opinions and market trends for a more informed decision.
Does GoPro pay dividends?
No, GoPro does not pay dividends to its shareholders. This means investors may focus on the company's growth potential and stock price appreciation.
What is the fair value of GPRO?
As of December 31, 2024, the fair value of GoPro Inc (GPRO) is -$12.84 USD. This suggests a significant potential upside of 1246.8% if the market price were to reach fair value.
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