GoPro Inc. (GPRO) Stock Forecast & Predictions

GoPro Inc. - Class A GPRO: $8.92

3025 Clearview Way, San Mateo, California, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: gopro.com

  • Market Cap$1.15B
  • Change (52 Weeks)1.25%
  • Low (52 Weeks)$7.02
  • GoPro Inc. (GPRO) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for GoPro Inc. (GPRO) is based on 13 Institutional Analyst Ratings where 30.77% are on Strong Buy, 30.77% on Moderate Buy, 30.77% remains on Hold, 7.69% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended GPRO stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of GoPro Inc..

    GoPro Inc. (GPRO) Stock Price Prediction By Analysts


    HighLowAverage
    $15.75$9.09$12.55
    $12.5540.65% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for GPRO set by the institutional analysts is $12.55 where High Estimate is $15.75, Median $13.26 and Low $9.09.

    The average price target for GPRO by Institutional Analysts is $12.55, which is 40.65% Upside from the current price. So according to the Institutional Analysts, GPRO Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    GoPro Inc. (GPRO) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    WedbushOutperformUpgraded
    JP MorganOverweightUpgraded
    Morgan StanleyEqual-WeightUpgraded
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    WedbushNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupSellDowngraded
    Morgan StanleyUnderweightMaintained
    WedbushNeutralMaintained
    OppenheimerOutperformUpgraded
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    JP MorganNeutralDowngraded
    Bank of AmericaUnderperformMaintained
    Morgan StanleyUnderweightDowngraded
    Longbow ResearchNeutralDowngraded
    CitigroupNeutralMaintained
    Bank of AmericaUnderperformMaintained
    Longbow ResearchBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsNeutralUpgraded
    Raymond JamesMarket PerformUpgraded
    Longbow ResearchNeutralUpgraded
    Morgan StanleyEqual-WeightUpgraded
    CitigroupNeutralUpgraded
    Goldman SachsSellDowngraded
    CitigroupSellInitiated
    Raymond JamesUnderperformDowngraded
    BairdUnderperformDowngraded
    Longbow ResearchUnderperformDowngraded
    WedbushNeutralDowngraded
    Raymond JamesMarket PerformDowngraded
    DoughertySellDowngraded
    Bank of AmericaUnderperformDowngraded
    Bank of AmericaBuyInitiated
    Longbow ResearchNeutralInitiated
    Sterne Agee CRTNeutralDowngraded
    Morgan StanleyUnderweightMaintained
    DoughertyNeutralDowngraded
    WedbushOutperformMaintained
    Sterne Agee CRTBuyMaintained
    Raymond JamesOutperformMaintained
    PiperJaffrayUnderweightMaintained
    Northland SecuritiesOutperformMaintained
    Morgan StanleyUnderweightMaintained
    JP MorganOverweightMaintained
    JMP SecuritiesOutperformMaintained
    FBN SecuritiesSector PerformDowngraded
    BarclaysEqual-WeightDowngraded
    BairdNeutralMaintained
    BarclaysOverweightMaintained
    Morgan StanleyUnderweightDowngraded
    CitigroupNeutralDowngraded
    BairdNeutralDowngraded
    PiperJaffrayUnderweightDowngraded
    Morgan StanleyEqual-WeightMaintained
    JMP SecuritiesMarket OutperformMaintained
    Cowen & Co.Market PerformDowngraded
    BarclaysOverweightMaintained
    PiperJaffrayNeutralDowngraded
    PiperJaffrayNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Sterne Agee CRTBuyInitiated
    Cowen & Co.OutperformMaintained
    Hilliard LyonsBuyInitiated
    BairdOutperformMaintained
    Raymond JamesOutperformMaintained
    Cowen & Co.OutperformInitiated
    CitigroupBuyUpgraded
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightUpgraded
    Goldman SachsNeutralInitiated
    JP MorganOverweightMaintained
    OppenheimerPerformUpgraded
    Raymond JamesOutperformUpgraded
    Northland SecuritiesOutperformMaintained
    BarclaysEqual-WeightMaintained
    PiperJaffrayOverweightUpgraded
    DoughertyBuyUpgraded
    BarclaysEqual-WeightMaintained
    BairdOutperformUpgraded
    Northland SecuritiesOutperformInitiated
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightUpgraded
    WedbushOutperformMaintained
    WedbushOutperformInitiated
    Pacific CrestSector PerformInitiated
    PiperJaffrayNeutralDowngraded
    BarclaysEqual-weightMaintained
    JMP SecuritiesMarket OutperformMaintained
    CitigroupNeutralMaintained
    PiperJaffrayOverweightMaintained
    FBN SecuritiesOutperformMaintained
    JP MorganNeutralMaintained
    Cleveland ResearchBuyInitiated
    CitigroupNeutralMaintained
    FBN SecuritiesOutperformInitiated
    JP MorganNeutralDowngraded
    DoughertyNeutralDowngraded
    Stifel NicolausHoldInitiated
    Raymond JamesMarket PerformInitiated
    PiperJaffrayOverweightInitiated
    JP MorganOverweightInitiated
    BarclaysEqual-WeightInitiated
    BairdNeutralInitiated
    JMP SecuritiesMarket OutperformInitiated
    DoughertyBuyInitiated
    PiperJaffrayNeutralDowngraded

    GoPro Inc. (GPRO) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.075
    The average consensus EPS for GPRO is $0.075 with a high estimate of $0.137 and Low of $0.039 for the period 2022-03-31 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.34$0.19972021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.3592021-12-31
    $0.34$0.19972021-09-30
    $0.12$0.03882021-06-30
    $0.03$0.00072021-03-31
    $0.39$0.39022020-12-31
    $0.2$0.06412020-09-30
    $-0.2$-0.17662020-06-30
    $-0.34$-0.35452020-03-31
    $0.7$0.80242019-12-31
    $-0.42$-0.49012019-09-30
    $0.03$0.04512019-06-30
    $-0.07$-0.08722019-03-31
    $0.3$0.2632018-12-31
    $-0.04$-0.06442018-09-30
    $-0.15$-0.22112018-06-30
    $-0.34$-0.37512018-03-31
    $-0.3$-0.11172017-12-31
    $0.15$0.02222017-09-30
    $-0.09$-0.25432017-06-30
    $-0.44$-0.46032017-03-31
    $0.29$0.22622016-12-31
    $-0.6$-0.36062016-09-30
    $-0.52$-0.59422016-06-30
    $-0.63$-0.61462016-03-31
    $-0.08$02015-12-31
    $0.25$0.29852015-09-30
    $0.35$0.2622015-06-30
    $0.24$0.18022015-03-31
    $0.99$0.70962014-12-31
    $0.12$0.08552014-09-30
    $0.08$0.06122014-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).