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GoPro (GPRO) Stock News, Nov 2024-Feb 2025

GPRO NASDAQ

GoPro, Inc. develops camera hardware, mounts, accessories, applications, subscriptions and services for immersive image capture. News about GPRO commonly centers on new camera systems such as HERO, MAX and MISSION, imaging processors such as GP3, accessory ecosystems, product availability, industry awards and use cases in sports, content creation, aerospace and other demanding environments.

Company updates also cover earnings communications, direct and partner distribution, subscriber offers, collaborations with media and sports organizations, and efforts to extend GoPro technology into specialized markets including defense and aerospace. These releases connect product design, rugged-camera performance, software and services to the company's consumer and professional imaging business.

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GoPro (NASDAQ: GPRO) has been named the official camera partner for the 2025 Freeride World Tour, continuing their 12-year partnership with the premier ski and snowboard freeriding competition. The first three rounds have already generated over 60 million video views across all platforms.

More than 50 athletes will use helmet-mounted HERO13 Black cameras during the tour, which runs from January 17 to March 30, 2025, spanning six events across North America and Europe. The coverage features GoPro's premium HB-Series Ultra Wide Lens Mod, offering a 177° field of view—36% wider and 48% taller than standard lens shots—with 4K60 video resolution and enhanced HyperSmooth stabilization.

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GoPro (NASDAQ: GPRO) announced a comprehensive update to its 360 product lineup, featuring a refreshed MAX 360 camera at $349.99 MSRP. The camera now includes a MAX Enduro Battery and upgraded mounting system compatible with standard ¼-20 tripod mounts.

The company also unveiled a revamped 360 mobile editing experience in its Quik App, introducing new features including AI-Powered Object Tracking, Keyframing, CameraFx for dynamic movements, Automatic Transitions, Single Clip Edits, and a new Frame Grab Tool. GoPro Premium and Premium+ subscribers receive unlimited cloud storage with cloud-based 360 footage editing capabilities.

Additionally, GoPro launched a new Reframe plugin for Adobe Premier Pro and After Effects, enabling desktop editors to adjust various parameters for both 360 and 2D media.

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GoPro (NASDAQ: GPRO) has announced a new distribution partnership with Kimpex Powersports in Canada, expanding its reach to over 2,300 dealers across the country. The agreement allows Kimpex to distribute GoPro's full range of cameras and accessories through its extensive powersports sales network.

The partnership covers various retail outlets, including on-road and off-road powersports, ATV/UTV, marine, and snowmobile specialty shops. Kimpex will provide select dealers with new GoPro product displays and offer training and support for end customers. This collaboration aims to enhance product availability and brand presence across Canada's powersports dealer network.

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GoPro (NASDAQ: GPRO) has released its financial results for Q4 and full-year 2024. The company reported annual revenue of $801 million and fourth quarter revenue of $201 million. A notable highlight was the company's Subscription and Service Revenue, which reached $107 million, representing a 10% increase year-over-year.

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GoPro (NASDAQ: GPRO) announced that its diversified supply chain strategy effectively minimizes the impact of U.S. tariffs on its operations. The company has proactively relocated its U.S.-bound camera production outside of China, resulting in no material effects on U.S. consumer pricing or gross margins from recent tariff announcements.

CFO and COO Brian McGee emphasized the company's ongoing efforts to optimize its supply chain for improved product delivery at lower costs. The company also announced it will release its Q4 and full-year 2024 financial results on February 6, 2025, followed by a conference call and webcast at 2:00 p.m. Pacific Time.

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GoPro (NASDAQ: GPRO) has announced significant updates to its HERO camera, enhancing its capabilities with new 4K 4:3 aspect ratio video settings and SuperView Digital Lens options. The 86-gram camera, priced at $179 ( time offer from $199 MSRP), now offers wider and more immersive video capture.

The new 4:3 aspect ratio utilizes the sensor's full dimensions, ideal for first-person perspectives, selfie shots, and social media sharing on platforms like Instagram, TikTok, and Facebook. The SuperView Digital Lens feature, previously available only in higher-priced models, is now offered as a free in-app option, allowing users to convert 4:3 video into 16:9 format with an enhanced wide-angle effect.

The HERO camera has received recognition from major reviewers, including The New York Times Wirecutter, which named it "The best budget-friendly action camera." The updates are available through the GoPro Quik app on iOS and Android or via GoPro.com.

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GoPro (NASDAQ: GPRO) has announced exclusive partnerships with MotoGP and MXGP (FIM Motocross World Championship) to provide helmet-mounted camera coverage of races. The partnership will utilize HERO13 Black and HERO12 cameras to capture POV content from riders' perspectives.

As part of the agreement, GoPro will become a title sponsor of a Grand Prix in 2025. The collaboration includes integrated event activations, custom content with athletes and teams, and exclusive behind-the-scenes experiences across GoPro's digital platforms. The content will be featured across social media channels and broadcasts throughout the racing season.

MotoGP will specifically feature high-resolution helmet-mounted lap previews of each track, while MXGP will capture entire races from start to finish using the mounted cameras.

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GoPro (NASDAQ: GPRO) has announced it will release its Q4 and full-year 2024 financial results after market close on Thursday, February 6, 2025. The company will host a conference call and live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the results.

Investors can access the live conference call by dialing +1 833-470-1428 (US) or +1 404-975-4839 (International) with access code 687084. A webcast link and management commentary will be available on GoPro's Investor Relations website before the call. The replay will be accessible until May 7, 2025.

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GoPro (NASDAQ: GPRO) has partnered with Teton Gravity Research (TGR) for their 29th annual ski and snowboard film, 'Beyond the Fantasy'. The film features GoPro athletes Sammy Carlson, Nick McNutt, Kai Jones, and Parkin Costain, showcasing extreme snow sports captured using the HERO12 Black camera. The collaboration highlights the camera's wide field-of-view and advanced video stabilization capabilities, essential for capturing immersive POV footage. The film is currently showing in theaters worldwide, demonstrating the possibilities in modern skiing and snowboarding while showcasing GoPro's filming capabilities.

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GoPro announced its Q3 2024 financial results, reporting revenue of $259 million. The company's subscriber base grew by 2% year-over-year to 2.56 million, contributing to a subscription and service revenue of $27.5 million, an 11% increase year-over-year.

Additionally, GoPro revealed an updated restructuring plan aimed at substantially reducing operating expenses.

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FAQ

What is the current stock price of GoPro (GPRO)?

GoPro (GPRO) last closed at $0.9014.

What is the market cap of GoPro (GPRO)?

The market cap of GoPro (GPRO) is approximately $166.3M.