Oklo stock tumbles as Financial Times scrutinizes valuation
A jury in the United States District Court for the Northern District of California has found that GoPro, Inc. (NASDAQ:GPRO) did not infringe two asserted patents with its camera products launched from 2020 to 2024, according to a press release statement contained in a recent SEC filing. The action camera maker, currently valued at $330.6 million, has seen its stock surge over 313% in the past six months, though InvestingPro analysis indicates the stock is currently fairly valued.
The verdict, delivered on October 10, 2025, relates to the case Contour IP Holding, LLC v. GoPro, Inc. (Case No. 3:17-cv-04738-WHO), which has been ongoing since 2015. The jury determined that GoPro’s HERO9 Black through HERO13 Black cameras do not infringe the two patents at issue. Additionally, the jury invalidated the only asserted claim of one of the patents and found one independent claim of the other patent valid, while a related dependent claim was found invalid.
For certain legacy GoPro cameras, which the court had previously found to infringe, the jury awarded Contour IP Holding LLC $8.2 million in past damages. The filing states that none of GoPro’s products introduced in or after 2020 are subject to the damages award.
The company noted that the verdict is subject to post-trial briefing and appeal, and no judgment has been entered at this time.
GoPro’s Class A common stock is listed on the NASDAQ Global Select Market under the symbol GPRO. All information is based on a press release statement included in the company’s SEC Form 8-K filing.
In other recent news, GoPro reported its Q2 2025 earnings, revealing a revenue of $153 million, which exceeded its guidance midpoint by 6%. The company achieved a gross margin of 36%, improving from 30.7% in the same quarter the previous year. Despite an adjusted EBITDA of negative $6 million, this was a significant improvement from the negative $33 million reported the year before. Additionally, GoPro expanded its product lineup by introducing the MAX2 360 camera, LIT HERO miniature lifestyle camera, and Fluid Pro AI gimbal. The MAX2 360 camera offers True 8K video resolution and is priced at $499.99. GoPro also launched a public beta of its ReFrame plugin for DaVinci Resolve, enhancing its 360 content editing tools. Furthermore, the company announced that subscribers have contributed over 125,000 hours of video content to its AI Training Licensing program. The new Fluid Pro AI gimbal, compatible with various camera types, is now available for preorder at $229.99.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.