GoPro regained Nasdaq compliance with a stock price above $1.00 per share after a notice of non-compliance in March 2025. The company's stock price has maintained a closing bid price above $1.00 for at least ten consecutive trading days. The overall stock score reflects financial difficulties and negative valuation metrics, but there's optimism from subscription growth and strategic initiatives.
GoPro, Inc. (NASDAQ: GPRO) has regained compliance with the Nasdaq Stock Market's minimum bid price requirement, following a notice of non-compliance in March 2025. The company's stock price has maintained a closing bid price above $1.00 per share for at least ten consecutive trading days, meeting the exchange's listing standard. As of Tuesday, the stock is trading at $1.32 with a market capitalization of $208 million, having gained over 22% in the past six months [1].
The company previously disclosed that it had received notice from Nasdaq indicating non-compliance with the minimum bid price rule. According to Nasdaq Listing Rules, companies must maintain a minimum closing bid price of $1.00 per share to remain listed. Despite the recent recovery, the overall financial health score of GoPro remains weak, with the stock being undervalued according to InvestingPro analysis [1].
In addition to regaining Nasdaq compliance, GoPro has announced a new opt-in program that allows U.S. subscribers to monetize their cloud-based video content by making it available for AI model training. Subscribers participating in this program will receive 50% of the license revenue generated when their footage is used by technology companies [1].
Furthermore, an Administrative Law Judge of the International Trade Commission found that Insta360 infringed on GoPro’s camera design and video stabilization technology patents. This ruling pertains to GoPro’s HERO camera design and HyperSmooth video stabilization technology patents [1].
GoPro has also introduced a limited edition Forest Green version of its HERO13 Black camera, aimed at outdoor enthusiasts and available globally and on GoPro’s website. The company has further strengthened its board of directors with the addition of Mike Dennison, CEO of Fox Factory Holding (NASDAQ: FOXF) Corp., and Emily Culp, a seasoned marketing executive. Dennison brings extensive experience in global manufacturing and product innovation, while Culp is expected to enhance GoPro’s growth and shareholder value with her background in scaling consumer brands [1].
While the stock's overall valuation remains challenging, these strategic initiatives and subscription growth programs indicate a potential turnaround for GoPro. Investors should closely monitor the company's financial performance and compliance status as it continues to navigate market challenges.
References:
[1] https://www.investing.com/news/sec-filings/gopro-regains-compliance-with-nasdaq-minimum-bid-price-requirements-93CH-4172407
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