GoPro Inc. ($GPRO) Stock Forecast: Down 20.1% Today

What is GoPro Inc.?

GoPro (GPRO) is a prominent technology company known for its action cameras and accessories, particularly designed for extreme sports and other activities.

Why is GoPro Inc. going down?

GPRO stock is down 20.1% on Feb 7, 2025 18:06

• In the latest financial period, GoPro (GPRO) posted a narrower loss than anticipated, although experiencing a decline in revenues compared to the previous year. This mixed performance may have influenced the negative stock movement.
• Despite surpassing revenue projections, the market's reaction could have been unfavorable due to lower unit sales impacting the company's fourth-quarter results.
• The outlook for 2025, projecting a decrease in both units and revenue growth from 2024, might have soured investor confidence and led to the stock's downward trend.
• Furthermore, the ambiguity surrounding GoPro's strategy to tackle supply chain obstacles, particularly in response to recent U.S. tariff announcements, could have exacerbated the stock's decline.

GPRO Price Chart

GPRO Technical Analysis

GPRO News

GoPro's Loss Narrower Than Expected in Q4, Revenues Down Y/Y

GPRO's fourth-quarter performance is affected by lower unit sales. It continues to expect units and revenue growth in 2025 to be down from 2024.

https://www.zacks.com/stock/news/2411802/gopros-loss-narrower-than-expected-in-q4-revenues-down-yy

GoPro ( GPRO ) Reports Q4 Loss, Tops Revenue Estimates

GoPro (GPRO) delivered earnings and revenue surprises of 18.18% and 0.87%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2411543/gopro-gpro-reports-q4-loss-tops-revenue-estimates

GoPro Expects No Material Tariff Impact To Consumer Pricing Or Gross Margin: Details - GoPro ( NASDAQ:GPRO )

GoPro will release its financial results for Q4 on Thursday, February 6, 2025. Get Wall Street's Hottest Chart Every Morning GoPro, Inc. GPRO shares are trading higher on Tuesday. The company has provided details on its supply chain approach in light of recent U.S. tariff announcements.

https://www.benzinga.com/news/guidance/25/02/43469462/gopro-expects-no-material-tariff-impact-to-consumer-pricing-or-gross-margin-details

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GoPro Inc. Price History

23.07.2024 - GPRO Stock was up 5.0%

• The announcement of GoPro's restructuring plan to reduce its workforce by 15% has led to a bullish movement in the stock.
• Investors may view this workforce reduction as a positive step towards addressing the company's financial challenges and improving its operational efficiency.
• The market perceives this restructuring as a strategic move by GoPro to streamline its operations and cut down on expenses, which has generated optimism among investors about the company's future prospects.
• This news has instilled confidence in shareholders, leading to increased buying interest and driving the stock price higher.

08.10.2024 - GPRO Stock was up 6.8%

• GoPro reported break-even earnings for Q3, exceeding expectations by 100%.
• The positive earnings surprise likely boosted investor confidence in the company's performance and future prospects.
• This strong financial performance could have led to increased buying interest in GPRO, driving the bullish movement in the stock today.

08.10.2024 - GPRO Stock was up 8.8%

• GoPro (GPRO) experienced a strong bullish movement today due to its Q3 earnings and revenue surpassing estimates, exceeding expectations set by analysts.
• Despite lower unit sales affecting the company's performance, the break-even earnings for Q3 have positively impacted investor sentiment, leading to a surge in the stock price.
• The market reacted favorably to the news of GoPro's better-than-expected financial results, indicating confidence in the company's ability to navigate challenges such as delayed camera launches and potential revenue impacts in the future.
• Investors are likely optimistic about GoPro's potential growth prospects, considering the positive surprises in earnings and revenues, which may have contributed to the bullish movement in the stock today.

27.07.2024 - GPRO Stock was down 5.6%

• The ongoing competition in the action camera market is putting pressure on GoPro, leading to a decrease in market share and ultimately a bearish movement in its stock price.
• The decision to undertake a 15% reduction in its workforce by 2024 indicates that GoPro is taking steps to address financial challenges and competitive pressures, but investors may be concerned about the long-term impact on the company's growth prospects.
• The combination of increased competition and internal restructuring efforts may have contributed to the bearish movement in GoPro's stock price today, as investors reevaluate the company's position in the market.

06.08.2024 - GPRO Stock was down 5.1%

• The bearish movement in GPRO stock today could be attributed to the underwhelming market response to the launch of the new HERO13 Black and HERO cameras.
• Despite the introduction of new products, investors may have been disappointed by the lack of groundbreaking features or innovations in the latest camera models.
• The pricing of the new cameras, especially the HERO13 Black at $399.99 and the HERO at $199.99, might have been perceived as too high by consumers, leading to concerns about potential demand and sales figures.
• The pre-order availability of the HERO13 Black in India at Rs 44,990 and the HERO at Rs 23,990 may have also raised questions about GoPro's competitive positioning in the market, causing a negative sentiment among investors.

04.01.2025 - GPRO Stock was up 5.7%

• GoPro's bullish movement today could be attributed to the company's announcement regarding the expected minimal impact of tariffs on consumer pricing and gross margin. This update reassures investors and points to the company's proactive stance in addressing potential challenges in the current economic climate.
• The upcoming release of GoPro's financial results for Q4 may have also spurred positive sentiment among investors, leading to increased buying activity and pushing up the stock price.
• Overall, the market appears to be reacting favorably to GoPro's strategic decisions and financial outlook, positioning the company well in the eyes of investors.

29.09.2024 - GPRO Stock was up 5.3%

• The partnership between Cineverse's GoPro Channel and Lights Out Sports TV could have increased visibility and exposure for GoPro, attracting more customers and investors.
• The addition of Real Madrid TV to the streaming platform might have generated excitement among sports fans, potentially leading to increased viewership and engagement.
• The launch of a new ad-supported streaming TV channel could have boosted GoPro's brand presence and revenue streams, contributing to the bullish movement in the stock price.
• Overall, the strategic collaborations and expansion into the streaming industry seem to have positively impacted GoPro's market performance today.

18.08.2024 - GPRO Stock was up 2.5%

• GoPro stock saw a strong bullish movement today.
• The partnership between Infinix and GoPro, allowing users to capture high-quality underwater footage with the Infinix ZERO 40 5G smartphone, likely boosted investor confidence in GoPro's technology and market presence.
• The innovative collaboration may have sparked excitement among investors, leading to increased demand for GoPro stock.
• The potential for enhanced user experiences and content creation opportunities with the new GoPro mode on the Infinix smartphone could have contributed to the positive market sentiment surrounding GoPro today.

08.00.2025 - GPRO Stock was down 5.6%

• The significant bearish movement in GoPro's stock can be attributed to the continuous decline in sales across its online platform and retail channels.
• Despite the challenging sales environment, the company's stable subscriber base might provide some support to its stock price.
• Investors are likely concerned about GoPro's ability to reverse the downward trend in sales and regain market confidence, leading to the sharp decline in the stock price.
• The 65% drop in GoPro's stock over the past year reflects the ongoing challenges the company faces in a competitive market, prompting investors to reevaluate their positions in the stock.

13.07.2024 - GPRO Stock was up 5.9%

• Adding watch faces and apps from Garmin to its app store could potentially increase exposure and accessibility for GoPro products, leading to positive market sentiment.
• GoPro's upcoming participation at the Oppenheimer Technology, Internet, and Communications Conference might have sparked investor interest and confidence in the company's future prospects.
• Exceeding expectations in Q2 performance, driven by strong demand for its flagship camera, the HERO12 Black, likely contributed to the bullish movement as investors see growth potential.
• The overall positive sentiment towards GoPro amidst a challenging AR market landscape could have further boosted investor confidence in GoPro's resilience and strategic efforts.

07.01.2025 - GPRO Stock was down 20.1%

• In the latest financial period, GoPro (GPRO) posted a narrower loss than anticipated, although experiencing a decline in revenues compared to the previous year. This mixed performance may have influenced the negative stock movement.
• Despite surpassing revenue projections, the market's reaction could have been unfavorable due to lower unit sales impacting the company's fourth-quarter results.
• The outlook for 2025, projecting a decrease in both units and revenue growth from 2024, might have soured investor confidence and led to the stock's downward trend.
• Furthermore, the ambiguity surrounding GoPro's strategy to tackle supply chain obstacles, particularly in response to recent U.S. tariff announcements, could have exacerbated the stock's decline.

07.01.2025 - GPRO Stock was down 20.7%

• GoPro reported a Q4 loss, despite exceeding revenue expectations, which may have influenced the stock's downward trend.
• Although GoPro assured minimal tariff impact on pricing and margins, investor concerns about its financial standings persist.
• Uncertainty regarding GoPro's future prospects remains, as the recent earnings report has not indicated a potential reversal in its stock performance.
• Investor attention seems to be predominantly on GoPro's financial situation and performance rather than external factors like tariffs.