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Unprofitable GoPro Guidance For 2018 'Not Unexpected,' Says JPMorgan
Friday, February 2, 2018 - 10:17am | 409Read More...GoPro Inc (NASDAQ: GPRO) reported fourth-quarter results Thursday, including a miss on the top- and bottom- lines, and a warning a profit is unlikely in 2018. The Analyst JPMorgan's Paul Coster downgraded GoPro's stock rating from Overweight to Neutral with a price target...
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Market Is 'Giving Too Much Credit' To GoPro, Morgan Stanley Downgrades Stock
Tuesday, January 23, 2018 - 8:17am | 377Read More...GoPro Inc (NASDAQ: GPRO) deserves some credit for returning to profitability in late 2017, but perhaps investors are giving the company "too much credit," according to Wall Street's newest bear analyst. The Analyst Morgan Stanley's Yuuji Anderson downgraded GoPro's stock...
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Oppenheimer: For Ambarella, The Bear Thesis No Longer Applies
Wednesday, January 3, 2018 - 12:58pm | 440Read More...In the past one- and two-year periods, Ambarella Inc (NASDAQ: AMBA) underperformed most major indices, but this may change in 2018, according to one Wall Street analyst. The Analyst Oppenheimer's Andrew Uerkwitz upgraded Ambarella's stock rating from Perform to Outperform with a new $70...
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Analyst: GoPro Investors Shouldn't Be Concerned About Competition From Google
Friday, October 6, 2017 - 1:10pm | 387Read More...Contrary to various reports, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s newly introduced camera isn't a competitive threat to GoPro Inc (NASDAQ: GPRO), at least according to JPMorgan's Paul Coster. Alphabet's Google unit announced this week a smart video camera called Google...
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Ahead Of Deutsche Tech Conference, Here's What Analysts Want To Ask AMD, Intel and Others
Thursday, September 7, 2017 - 2:07pm | 566Read More...Deutsche Bank will host its annual DB Tech Conference on Sept. 12 and 13, highlighting 34 companies within the semiconductor space. Heading into the conference, investors are expecting the group to post "at least in-line to possibly better" results in the third quarter, the firm's...
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GoPro Trades Above $10 Per Share Amid Encouraging Q3 Outlook Announcement
Thursday, September 7, 2017 - 7:18am | 329Read More...Shares of GoPro Inc (NASDAQ: GPRO) gained around 13 percent early Thursday morning to trade at $10.10 after the action camera and drone maker impressed investors with an encouraging third-quarter update. GoPro's stock for the most part traded below $10 per share but on Thursday the stock moved...
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GoPro Weakness Weighs On Ambarella Outlook
Friday, September 1, 2017 - 9:42am | 326Read More...Shares of Ambarella Inc (NASDAQ: AMBA) plunged more than 20 percent Friday morning and hit a new 52-week low of $42.55 after the component maker for action camera and drones reported its second-quarter results. Deutsche Bank's Ross Seymore maintains a Hold rating on Ambarella's stock with a price...
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Goldman Removes GoPro From Sell List Ahead Of Product Launch
Tuesday, August 15, 2017 - 8:06am | 356Read More...Analysts at Goldman Sachs no longer hold a bearish view on GoPro Inc (NASDAQ: GPRO) as the upcoming launch of its HERO6 camera could prove to be a catalyst for the stock. The firm's Doug Clark upgrades GoPro's stock from Sell to Neutral with a price target boosted from $6.75 to $10. From a...
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Analyst: No Longer Critical Of GoPro's Strategy Or Direction, Still Skeptical
Friday, April 28, 2017 - 12:30pm | 376Read More...Investors were not impressed with GoPro Inc (NASDAQ: GPRO) after the company reported its first-quarter results based on the stock's 7-percent decline seen Friday. Andrew Uerkwitz of Oppenheimer maintains a Perform rating on GoPro's stock with no assigned price target following the report. The...
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GoPro's Q4; Was The New HERO A Zero?
Friday, February 3, 2017 - 2:18pm | 306Read More...William Power of Baird downgraded shares of GoPro Inc (NASDAQ: GPRO) after the company reported its fourth-quarter results on Thursday. According to Power, GoPro's earnings were roughly in line with what he had expected, but the company's first-quarter guidance was disappointing at a time when the...
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GoPro Vs. Fitbit: What's The Better Investing Case?
Monday, October 5, 2015 - 7:22am | 492Read More...Shares of GoPro Inc (NASDAQ: GPRO) have lost around 65 percent from a year ago while shares of Fitbit Inc (NYSE: FIT) are higher by around 25 percent since its IPO. Rob Cihra of Sterne Agee CRT commented in a note that GoPro faces a "rather weak" fourth quarter while Fitbit "...
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Ambarella's Stock Is Plunging And Taking GoPro With It
Wednesday, September 2, 2015 - 1:40pm | 716Read More...Shares of Ambarella Inc (NASDAQ: AMBA) plunged more than 12 percent Wednesday morning after the company's second-quarter print contained a weak third-quarter forecast for wearable-camera revenue. Investors and traders took Ambarella's poor guidance as a bullish sign for the wearable-camera segment...
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The HERO4 Session: GoPro's Newest, And Smallest, Camera
Monday, July 6, 2015 - 9:18am | 371Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading lower by more than 3 percent Monday despite the company's announcement of its new camera, the HERO4 Session. GoPro's newest camera combines an "ultra-compact waterproof design with easy one-button control for simple yet powerful life-capture solution...
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Pacific Crest: Qualcomm Buying Ambarella Is 'Plausible'
Wednesday, May 27, 2015 - 10:07am | 433Read More...In a report published Tuesday, Pacific Crest Securities analyst Brad Erickson reiterated an Overweight rating on shares of Ambarella Inc (NASDAQ: AMBA) with a price target raised to $96 from a previous $78 given a growth and margin expansion trajectory through 2018. Erickson noted that part of...
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GoPro's International Story Is 'Kicking In'
Wednesday, April 29, 2015 - 7:17am | 383Read More...In a report published Wednesday, Barclays analyst Joseph Wolf said that it is "hard to find much fault" in GoPro Inc (NASDAQ: GPRO)'s first quarter print as units shipped rose 58 percent year-over-year, driving a revenue beat. Wolf said GoPro's gross margin of 45.2 percent was...
