Earnings season always brings surprises and serves as a catalyst for stocks. In light of impending and recent reports, analysts weigh in on e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) and action camera maker GoPro Inc (NASDAQ:GPRO).

Amazon.com, Inc.

Amazon shares are falling nearly 14% in after-hours trading, after reporting weaker-than-expected profits for the fourth quarter. While Amazon reported that its fourth-quarter net income more than doubled, investors were expecting a tighter hold on costs and even higher net income.

Piper Jaffray analyst Gene Munster was the first to comment: “We note that the high end of the nonGAAP operating income guide for Mar-16 is slightly above the Street ($1.3B vs. $1.2B) and revenue guide was in line, suggesting the company expects margin improvement to continue in Mar-16. As we’ve discussed before, the most relevant part of Amazon’s operating income guide is the high end (has hit or beat 14 of the past 16 quarters).”

“While we would like to have seen a bigger raise in terms of non-GAAP operating income guidance for Mar-16, the margin expansion story is intact. Amazon is gaining share as evidenced by 26% unit growth, compared to our best estimate of 18% for global eCommerce growth. We remain positive on shares of AMZN and maintain our Overweight rating,” the analyst concluded.

Munster reiterated an Overweight rating on shares of Amazon, with a price target of $800, which implies an upside of 26% from today’s closing price.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Gene Munster has a yearly average return of 16.6% and a 55.7% success rate. Munster has a 30.9% average return when recommending AMZN, and is ranked #8 out of 3596 analysts.

Out of the 45 analysts polled by TipRanks, 38 rate Amazon stock a Buy, while 7 rate the stock a Hold. With a return potential of 9.5% from today’s closing price, the stock’s consensus target price stands at $695.41.

GoPro Inc

Wedbush analyst Michael Pachter reiterated an Outperform rating on shares of GoPro, with a price target of $18, as the company will be reporting fourth-quarter results after the market close on Wednesday, February 3.

Pachter wrote, “We expect Q4 revenue in-line with the negative pre-announcement and EPS close to our recently-revised figure. Our estimates are for revenue of $435 million and EPS of $0.01, compared with the pre-announced revenue figure of roughly $435 million and consensus EPS of $0.00. Prior to the pre-announcement, we had expected revenue of $550 million and EPS of $0.45, at the high-ends of the earlier guidance ranges of $500 – 550 million and $0.35 – 0.45.”

The analyst continued, “We believe current Q1:16 consensus may be overly pessimistic. Our estimates are for revenue of $335 million and EPS of $0.01, while the Street is at $298 million and $(0.05). We expect a Q1 revenue guidance range that brackets our estimate at the high-end, with a modest profit. Even at a price of $199, we believe that GoPro is making a profit on every HERO4 Session sold. In addition, it has implemented a headcount reduction of roughly 7%, showing a willingness to rein in spending.”

According to TipRanks.com, analyst Michael Pachter has a yearly average return of -9% and a 35.5% success rate. Pachter has a -66% average return when recommending GPRO, and is ranked #3515 out of 3596 analysts.

Most of the analysts covering GoPro remain neutral on the company’s stock. A total of 19 analysts provide ratings; 7 of them suggest a Buy, 10 recommend a Hold, and 2 suggest a Sell rating. The 12-month consensus mean price target for the stock is $16.31., reflecting a 52% upside over today’s closing price.