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GoPro Inc Stock Research

GPRO

5.06USD-0.02(-0.39%)Market Closed

Market Summary

USD5.06-0.02
Market Closed
-0.39%

GPRO Alerts

GPRO Stock Price

GPRO RSI Chart

GPRO Valuation

Market Cap

788.4M

Price/Earnings (Trailing)

27.33

Price/Sales (Trailing)

0.72

EV/EBITDA

14.33

Price/Free Cashflow

342.8

GPRO Price/Sales (Trailing)

GPRO Profitability

Operating Margin

37.20%

EBT Margin

3.15%

Return on Equity

4.72%

Return on Assets

2.68%

Free Cashflow Yield

0.29%

GPRO Fundamentals

GPRO Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

-17.93%

Revenue Q/Q

5.21%

GPRO Earnings

Earnings (TTM)

28.8M

Earnings Y/Y

-94.16%

Earnings Q/Q

-82.51%

Price Action

52 Week Range

4.509.42
(Low)(High)

Last 7 days

-1.9%

Last 30 days

-10.6%

Last 90 days

0.4%

Trailing 12 Months

-33.3%

GPRO Financial Health

Current Ratio

2.2

Debt/Equity

0.23

Debt/Cashflow

0.04

GPRO Investor Care

Shares Dilution (1Y)

0.52%

Diluted EPS (TTM)

0.18

Peers (Alternatives to GoPro)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.7B
33.7B
-4.22% 20.48%
5.93
1
16.58% 25.40%
18.6B
4.9B
-1.90% -11.92%
19.15
3.84
-2.46% -10.04%
12.6B
16.2B
-4.83% 17.99%
4.83
0.78
16.53% 34.48%
MID-CAP
7.0B
19.7B
-12.75% -30.01%
-4.6
0.35
-10.28% -185.19%
6.8B
11.7B
-21.05% -31.64%
270.87
0.58
4.79% -97.56%
6.1B
5.0B
-5.56% -13.28%
10.93
1.21
43.67% 71.59%
4.9B
9.5B
-17.34% -43.78%
24.69
0.51
-10.67% -68.33%
2.5B
1.8B
-9.34% -21.48%
130.28
1.41
1.43% -87.25%
2.2B
2.2B
-9.91% -53.39%
15.25
1.03
0.90% -28.74%
SMALL-CAP
1.2B
1.2B
5.84% -20.88%
-4.29
1.04
-24.38% -1042.07%
788.4M
1.1B
-10.56% -33.33%
27.33
0.72
-5.82% -92.23%
253.3M
11.8M
-20.30% -34.78%
-6.21
21.4
-10.10% -0.96%
123.8M
542.8M
-59.34% -68.36%
304.12
0.23
-9.78% -92.32%
10.3M
10.4M
-12.93% -74.04%
-1.43
0.99
2.73% -97.53%

Financials for GoPro

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-6.0%1,0941,1641,1751,1741,161
Gross Profit-12.2%407464486489477
Operating Expenses0.0%368368366364364
  S&GA Expenses2.0%167164160156157
  R&D Expenses0.9%140139139141141
EBITDA-52.5%49.00104127134124
EBITDA Margin-49.4%0.05*0.09*0.11*0.11*0.11*
Earnings Before Taxes-59.0%34.0084.0010210590.00
EBT Margin-56.4%0.03*0.07*0.09*0.09*0.08*
Interest Expenses-41.7%6.0011.0015.0019.0023.00
Net Income-63.2%29.0078.00373387371
Net Income Margin-60.8%0.03*0.07*0.32*0.33*0.32*
Free Cahsflow-98.4%2.00140166176224
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-1.6%1,0771,0951,0441,1461,260
  Current Assets-2.8%606623565667782
    Cash Equivalents3.0%224217203305401
  Inventory-17.1%12715312611986.00
  Net PPE-12.9%13.0015.0016.0017.0019.00
  Goodwill0%146146146146146
Liabilities-4.4%465487452553644
  Current Liabilities-6.8%276296258358475
  Long Term Debt0.2%141141141140111
Shareholder's Equity0.6%612608593593616
  Retained Earnings1.5%-196-199-216-21947.00
Accumulated Depreciation-2.6%99.00101103103103
Shares Outstanding-0.5%156157157--
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-96.0%6.00144171181229
  Share Based Compensation-2.2%39.0040.0040.0040.0039.00
Cashflow From Investing84.4%-8.39-53.90-92.03-150-143
Cashflow From Financing-4.2%-173-166-158-21.22-9.89
  Buy Backs25.3%40.0032.0022.0010.000.00

Risks for GPRO

What is the probability of a big loss on GPRO?

100%


Probability that GoPro stock will be more than 20% underwater in next one year

89.6%


Probability that GoPro stock will be more than 30% underwater in next one year.

77.3%


Probability that GoPro stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GPRO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if GoPro was unfortunately bought at previous high price.

Drawdowns

Returns for GPRO

Cumulative Returns on GPRO

-22.6%


10-Year Cumulative Returns

-11.9%


7-Year Cumulative Returns

-1.7%


5-Year Cumulative Returns

23.2%


3-Year Cumulative Returns

What are the long-term rolling returns for GPRO?

FIve years rolling returns for GoPro.

Annualized Returns

Which funds bought or sold GPRO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
694
1,415,130
1,617,130
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
-
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
2,075
244,075
-%
2023-02-27
Parallax Volatility Advisers, L.P.
added
112
42,690
79,690
-%
2023-02-23
Tandem Wealth Advisors LLC
new
-
125
125
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-28,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-3.02
-184
15,816
-%
2023-02-16
MAVERICK CAPITAL LTD
sold off
-100
-146,000
-
-%
2023-02-16
III Capital Management
added
18.76
69,000
414,000
0.05%
2023-02-16
HARBOUR INVESTMENTS, INC.
added
564
5,449
6,449
-%

1–10 of 40

Latest Funds Activity

Are funds buying GPRO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own GPRO
No. of Funds

GoPro News

Seeking Alpha

GoPro, Inc. (GPRO) Stock Price Today, Quote & News.

Seeking Alpha,
3 days ago

Seeking Alpha

The Motley Fool

The Motley Fool

The Motley Fool

Why GoPro Stock Just Popped 5%.

The Motley Fool,
33 days ago

Nasdaq

The Motley Fool

The Motley Fool

Schedule 13G FIlings of GoPro

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
prentice capital management, lp
0.61%
784,166
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.47%
12,282,406
SC 13G/A
Jan 31, 2023
woodman nicholas
16.5%
25,525,664
SC 13G/A
Jan 24, 2023
blackrock inc.
9.5%
12,265,446
SC 13G/A
Feb 14, 2022
prentice capital management, lp
5.51%
7,167,256
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G
Feb 03, 2022
blackrock inc.
9.1%
11,721,353
SC 13G/A
Feb 02, 2022
woodman nicholas
17.5%
27,216,066
SC 13G/A
Feb 16, 2021
d. e. shaw & co, l.p.
4.4%
5,320,443
SC 13G/A

GPRO Fair Value

GoPro fair value in different scenarios

The table shows the Fair Value estimates for GoPro for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

13.90

174.70%

17.56

247.04%

20.23

299.80%

26.48

423.32%

32.52

542.69%
Current Inflation

2.69

-46.84%

3.51

-30.63%

4.38

-13.44%

5.37

6.13%

5.89

16.40%
Very High Inflation

12.27

142.49%

15.21

200.59%

16.32

222.53%

20.68

308.70%

24.86

391.30%

Historical GoPro Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of GoPro

View All Filings
Date Filed Form Type Document
Mar 15, 2023
8-K
Current Report
Mar 03, 2023
8-K
Current Report
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading

Latest Insider Trading transactions for GPRO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-17
MCGEE BRIAN
sold
-430,161
5.6592
-76,011
evp, cfo and coo
2023-02-16
MCGEE BRIAN
acquired
-
-
214,286
evp, cfo and coo
2023-02-16
ZALAZNICK LAUREN
sold
-289,210
5.7842
-50,000
-
2023-02-16
Saltman Eve T.
acquired
-
-
91,071
svp, corp/bus dev, clo, sec
2023-02-16
Lafrades Charles
sold
-14,575
5.83
-2,500
chief accounting officer
2023-02-16
Saltman Eve T.
sold
-243,346
5.8856
-41,346
svp, corp/bus dev, clo, sec
2023-02-16
Jahnke Dean
acquired
-
-
91,071
svp, global sales, cm, re
2023-02-16
Lafrades Charles
acquired
-
-
44,643
chief accounting officer
2023-02-15
Woodman Nicholas
sold (taxes)
-309,102
5.99
-51,603
ceo, chairman of the board
2023-02-15
Hinge Kevin
sold (taxes)
-78,439
5.99
-13,095
svp, chief supply chain off.

1–10 of 50

Nicholas Woodman
770
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the United States and internationally. The company offers cloud connected HERO10 Black, HERO9 Black, and HERO8 Black waterproof cameras; MAX, a 360-degree waterproof camera; GoPro, a subscription service that includes full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription provides access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik app, a mobile app that enable users to get their favorite photos and videos with footage from any phone or camera. It also offers mounts and accessories comprising equipment-based mounts consisting of helmet, handlebar, roll bar, and tripod mounts that enable consumers to wear the mount on their bodies, such as wrist housings, magnetic swivel clips, chest harnesses, and head straps; media, display, and light mods; spare batteries, dive filters, and charging accessories and cables; and lifestyle gears. In addition, the company provides mobile and web applications that provides media workflow for archiving, editing, multi-clip story creation, and sharing content on the fly. GoPro, Inc. markets and sells its products through retailers and distributors, as well as through its GoPro.com website. The company was formerly known as Woodman Labs, Inc. and changed its name to GoPro, Inc. in February 2014. GoPro, Inc. was founded in 2002 and is headquartered in San Mateo, California.

GPRO Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 305,130$ 316,669$ 772,520$ 769,935
Cost of revenue189,085178,616469,995453,904
Gross profit116,045138,053302,525316,031
Operating expenses:    
Research and development36,04336,458103,859106,688
Sales and marketing41,07637,352115,888108,812
General and administrative14,49515,64245,53045,940
Total operating expenses91,61489,452265,277261,440
Operating income24,43148,60137,24854,591
Interest expense(1,185)(5,748)(4,932)(17,160)
Other income (expense), net(284) (523)(435)
Other income (expense), net (1,320)  
Total other expense, net(901)(7,068)(5,455)(16,725)
Income before income taxes23,53041,53331,79337,866
Income tax expense (benefit)5,960(270,228)6,019(280,679)
Net income$ 17,570$ 311,761$ 25,774$ 318,545
Earnings Per Share, Basic$ 0.11$ 2.01$ 0.16$ 2.07
Earnings Per Share, Diluted$ 0.10$ 1.92$ 0.16$ 1.96
Weighted Average Number of Shares Outstanding, Basic155,819155,009156,464153,618
Weighted Average Number of Shares Outstanding, Diluted173,184162,746180,038162,728

GPRO Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Jan. 01, 2022
Dec. 31, 2021
Current assets:   
Cash and cash equivalents$ 217,161,000 $ 401,087,000
Marketable securities131,619,000 137,830,000
Accounts receivable, net85,022,000 114,221,000
Inventory153,394,000 86,409,000
Prepaid expenses and other current assets36,078,000 42,311,000
Total current assets623,274,000 781,858,000
Property and equipment, net15,301,000 19,003,000
Operating Lease, Right-of-Use Asset23,154,000 27,320,000
Goodwill146,459,000 146,459,000
Other long-term assets286,524,000 285,239,000
Total assets1,094,712,000 1,259,879,000
Current liabilities:   
Accounts payable138,789,000 171,545,000
Accrued expenses and other current liabilities99,115,000 128,572,000
Short-term operating lease liabilities9,509,000 9,819,000
Deferred revenue48,592,000 42,505,000
Short-term Bank Loans and Notes Payable0 122,391,000
Total current liabilities296,005,000 474,832,000
Long-term taxes payable8,526,000 7,319,000
Long-term debt140,780,000 111,289,000
Long-term operating lease liabilities35,522,000 43,025,000
Other long-term liabilities6,144,000$ 7,300,0007,500,000
Total liabilities486,977,000 643,965,000
Commitments, contingencies and guarantees 
Stockholders’ equity:   
Preferred Stock, Value, Outstanding0 0
Common Stocks, Including Additional Paid in Capital952,152,00078,200,0001,008,872,000
Treasury Stock, Value(145,231,000) (113,613,000)
Accumulated deficit(199,186,000)47,100,000(279,345,000)
Total stockholders’ equity607,735,000 615,914,000
Total liabilities and stockholders’ equity$ 1,094,712,000 $ 1,259,879,000
Preferred Stock, par value (usd per share)$ 0.0001 $ 0.0001
Preferred Stock, Shares Authorized (shares)5,000,000 5,000,000
Preferred Stock, par value (usd per share)$ 0.0001 $ 0.0001
Preferred Stock, Shares Authorized (shares)5,000,000 5,000,000
Common stock, par value (in dollars per share)$ 0.0001 $ 0.0001
Treasury Stock, Value$ 145,231,000 $ 113,613,000
Common Stocks, Including Additional Paid in Capital952,152,00078,200,0001,008,872,000
Preferred Stock, Value, Outstanding$ 0 $ 0
Treasury Stock, Shares (shares)15,172,000 10,710,000
Restricted Cash$ 0 $ 0
Cash and cash equivalents217,161,000 401,087,000
Marketable securities131,619,000 137,830,000
Accounts receivable, net85,022,000 114,221,000
Inventory153,394,000 86,409,000
Prepaid expenses and other current assets36,078,000 42,311,000
Property and equipment, net15,301,000 19,003,000
Operating Lease, Right-of-Use Asset23,154,000 27,320,000
Goodwill146,459,000 146,459,000
Other long-term assets286,524,000 285,239,000
Accounts payable138,789,000 171,545,000
Accrued expenses and other current liabilities99,115,000 128,572,000
Short-term operating lease liabilities9,509,000 9,819,000
Deferred revenue48,592,000 42,505,000
Short-term Bank Loans and Notes Payable0 122,391,000
Long-term taxes payable8,526,000 7,319,000
Long-term debt140,780,000 111,289,000
Long-term operating lease liabilities35,522,000 43,025,000
Other long-term liabilities6,144,0007,300,0007,500,000
Accumulated deficit$ (199,186,000)$ 47,100,000$ (279,345,000)
Common stock, par value (in dollars per share)$ 0.0001 $ 0.0001
Treasury Stock, Shares (shares)15,172,000 10,710,000
Common Class A [Member]   
Common stock outstanding (shares)129,655,000 129,815,000
Common Stock, Shares Authorized (shares)500,000,000 500,000,000
Common Stock, Shares, Issued129,655,000 129,815,000
Common Stock, Shares Authorized (shares)500,000,000 500,000,000
Common Stock, Shares, Issued129,655,000 129,815,000
Common Class B [Member]   
Common stock outstanding (shares)26,259,000 26,659,000
Common Stock, Shares Authorized (shares)150,000,000 150,000,000
Common Stock, Shares, Issued26,259,000 26,659,000
Common Stock, Shares Authorized (shares)150,000,000 150,000,000
Common Stock, Shares, Issued26,259,000 26,659,000