GoPro (NASDAQ:GPRO) Posts Quarterly Earnings Results, Misses Expectations By $0.23 EPS

GoPro (NASDAQ:GPRO) issued its quarterly earnings data on Monday. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.23), FiscalAI reports. The business had revenue of $104.93 million during the quarter, compared to the consensus estimate of $151.47 million. GoPro had a negative return on equity of 161.44% and a negative net margin of 20.70%.

Here are the key takeaways from GoPro’s conference call:

• GoPro is in the later stages of evaluating a potential sale and other strategic alternatives, with interest reportedly coming from defense, consumer, and financial-sector parties. Management said the process is intended to maximize shareholder value but provided no further details.
• GoPro launched its MISSION 1 and MISSION 1 PRO cameras in Q2 and plans to release the interchangeable-lens MISSION 1 PRO ILS in September. Management highlighted strong reviews, customer enthusiasm, expanding retail distribution, and the potential to grow its prosumer and professional-market share.
• The GoPro Subscription attach rate reached a record 69%, up from 54% in the year-ago quarter, while retention remained 67%. Management emphasized that subscriptions provide high-margin recurring revenue and deepen customer relationships.
• GoPro continues expanding its ecosystem with new MISSION accessories, a Mission Monitor app, MAX2 firmware enhancements, and a technology-enabled AGV motorcycle helmet that has achieved ECE 22.06 safety compliance.
• The company declined to provide additional financial guidance for the second half of 2026, citing the ongoing strategic review. Management said awareness-building and completing global retail distribution remain important to returning camera sell-through to positive territory.

GoPro Trading Down 12.7%

Shares of NASDAQ:GPRO traded down $0.09 during trading on Tuesday, reaching $0.61. The company’s stock had a trading volume of 5,394,407 shares, compared to its average volume of 5,921,583. The stock has a market capitalization of $105.70 million, a PE ratio of -0.77 and a beta of 2.42. GoPro has a 12 month low of $0.59 and a 12 month high of $3.05. The firm’s 50 day simple moving average is $0.76 and its two-hundred day simple moving average is $0.92. The company has a current ratio of 0.58, a quick ratio of 0.38 and a debt-to-equity ratio of 0.58.

Insider Buying and Selling

In related news, COO Brian Mcgee sold 130,631 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $0.97, for a total transaction of $126,712.07. Following the transaction, the chief operating officer directly owned 947,123 shares in the company, valued at approximately $918,709.31. This represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 18.06% of the stock is owned by insiders.

Hedge Funds Weigh In On GoPro

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC grew its position in GoPro by 957.3% in the 1st quarter. AQR Capital Management LLC now owns 3,687,711 shares of the company’s stock valued at $2,445,000 after acquiring an additional 3,338,941 shares during the last quarter. Millennium Management LLC grew its stake in GoPro by 111.9% in the 4th quarter. Millennium Management LLC now owns 3,438,671 shares of the company’s stock worth $4,849,000 after acquiring an additional 1,815,637 shares in the last quarter. UBS Group AG increased its position in shares of GoPro by 567.4% during the third quarter. UBS Group AG now owns 1,407,615 shares of the company’s stock worth $2,984,000 after acquiring an additional 1,196,689 shares during the period. Charles Schwab Investment Management Inc. increased its position 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 worth $10,263,000 after acquiring an additional 1,013,494 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its stake 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 acquiring an additional 781,426 shares in the last quarter. Hedge funds and other institutional investors own 70.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on GPRO shares. Wall Street Zen lowered GoPro from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded GoPro from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, GoPro has a consensus rating of “Sell”.

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.