GoPro, Inc. (GPRO)

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Published: Jan 21, 2015

Oppenheimer analyst Andrew Uerkwitz issued a research note today, stating that he expects GoPro Inc (NASDAQ:GPRO) to beat analysts’ estimates in its fourth-quarter earnings call, scheduled for February 5. GoPro stock popped on the news, recovering from its four-month low of $45.36. Mr. Uerkwitz believes that the popularity of GoPro cameras – especially the new Hero4 series – during the holiday season will lead to a revenue and earnings beat.

GoPro has beaten both revenue and earnings expectation in the two results that it has announced since its IPO. Currently, four analysts have a Buy call on the stock, along with nine hold calls and two sell calls. The mean target price on the stock is $79.9, representing an upside potential of 60% from current price.

Published: Jan 21, 2015

GoPro Inc (NASDAQ:GPRO) announced today it has been given approval for a new patent to manufacture an “ornamental camera design.” The patent, which was approved yesterday by the United States Patent and Trademark Office, was filed by GoPro in September last year, and carries details surrounding a new action camera model with similar diagrams and features to existing GoPro cameras