Everything The Street Has Said About GoPro

GoPro Inc GPRO is scheduled to release Q1 earnings Tuesday after the market close.

The Estimize consensus was for EPS of $0.21 on revenue of $350.93 million. The Wall Street consensus was for EPS of $0.17 on revenue of $340.85 million.

Ahead of the earnings release, Wall Street analysts had commented on what they expect for the stock.

Analyst Erinn Murphy of Piper Jaffray believed that GoPro was undervalued and had the potential to double unit sales over time. Murphy maintained an Overweight rating on GoPro with a price target of $55.

"We believe it is important to view GPRO as a high-growth consumer brand and believe a 30x multiple is warranted as it is a modest premium to the peer group median of 22.3x due to GoPro's faster revenue and EPS growth," according to a Piper Jaffrey report.

Related Link: EPS Estimates Are Rising At GoPro

Analysts at Pacific Crest Securities recently reiterated their Sector Weight rating on the stock and expected the company to both beat estimates and raise guidance driven by international distribution.

Wedbush analyst Michael Pachter gave his take on the company and felt that demand “for GoPro products appeared brisk throughout Q1” and added that “alternative products don’t match the value proposition of the entry-level HERO, nor the feature set of the high-end HERO4 products.”

Cleveland Research recently indicated that Q1 demand appeared to be in line with estimates of 1.36 million units or 60 percent growth year-over-year.

Finally, Citigroup analyst Jeremy David estimated the company will earn $0.17 in the quarter on revenue of $346 million.

GoPro recently traded at $45.50, up 0.69 percent.