GoPro (NASDAQ:GPRO) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of GoPro (NASDAQ:GPRO) from a strong sell rating to a hold rating in a research note released on Sunday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of GoPro in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Sell” and a consensus price target of $0.75.

GoPro Price Performance

Shares of GoPro stock opened at $0.72 on Friday. The stock has a market capitalization of $115.68 million, a price-to-earnings ratio of -1.23 and a beta of 1.76. The company has a fifty day moving average of $1.08 and a 200-day moving average of $1.58. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.63 and a current ratio of 0.91. GoPro has a 52-week low of $0.40 and a 52-week high of $3.05.

GoPro (NASDAQ:GPRO) last announced its quarterly earnings results on Thursday, March 5th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.06). The firm had revenue of $201.67 million for the quarter, compared to analysts’ expectations of $244.69 million. GoPro had a negative net margin of 14.35% and a negative return on equity of 72.66%. GoPro has set its Q1 2026 guidance at -0.230–0.170 EPS. Equities research analysts expect that GoPro will post -0.25 EPS for the current year.

Institutional Trading of GoPro

A number of institutional investors and hedge funds have recently bought and sold shares of GPRO. Charles Schwab Investment Management Inc. grew its holdings in shares of GoPro by 16.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,278,484 shares of the company’s stock valued at $10,263,000 after buying an additional 1,013,494 shares during the last quarter. UBS Group AG raised its stake in shares of GoPro by 168.6% in the fourth quarter. UBS Group AG now owns 3,781,516 shares of the company’s stock worth $5,332,000 after purchasing an additional 2,373,901 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of GoPro by 957.3% in the first quarter. AQR Capital Management LLC now owns 3,687,711 shares of the company’s stock worth $2,445,000 after purchasing an additional 3,338,941 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of GoPro by 111.9% during the fourth quarter. Millennium Management LLC now owns 3,438,671 shares of the company’s stock valued at $4,849,000 after purchasing an additional 1,815,637 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of GoPro by 59.2% during the third quarter. Jacobs Levy Equity Management Inc. now owns 2,101,691 shares of the company’s stock valued at $4,456,000 after purchasing an additional 781,426 shares in the last quarter. 70.09% of the stock is currently owned by institutional investors.

About GoPro

GoPro, Inc (NASDAQ: GPRO) is an American technology company specializing in the design and manufacture of compact, high-definition cameras and related accessories. Headquartered in San Mateo, California, GoPro’s product lineup is centered on its flagship HERO series of action cameras, which combine rugged construction, waterproof housings and advanced imaging capabilities. In addition to the HERO line, the company offers the MAX camera for 360-degree video capture, along with an array of mounts, grips and protective cases to support use in extreme sports, travel and professional video production.

Since its founding in 2002 by Nicholas Woodman, who continues to serve as chief executive officer, GoPro has expanded beyond hardware into software and cloud-based services.