GoPro, Inc. (NASDAQ:GPRO) Short-term Price Target Review

Out of the 10 Street analysts that cover GoPro, Inc. (NASDAQ:GPRO) that are included in the Zacks Research consensus, the top target price estimate is currently $13. The bottom target out of these same analysts sees the stock moving to $6. The mean target price is currently $9.65.  

Depending on the analyst, the target price estimates may be quite different. Analysts might observe previous resistance and support levels to help determine the future performance of the stock. Zacks research also provides calculated recommendations from sell-side Wall Street analysts that track the stock. These recommendations fall within a simple scale provided by Zacks Research. Using the data provided by various analysts, Zacks Research has shares of GoPro, Inc. with an ABR of 3.19. This number is based on a recommendation scale where the ratings range from a 1 to a 5. Following this scale, a 1 would indicate a Strong Buy while a 5 would indicate a Strong Sell.

We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is widely considered to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $0.16. For the period ending 2016-09-30, GoPro, Inc. reported actual EPS of $-0.7. This number was $-0.16 away from analyst predictions, providing a surprise factor of -29.63%. The company is expected to next release earnings on or around 2017-02-01.

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