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What Analysts Are Recommending for GoPro

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Analyst recommendations

Of the 18 analysts covering US-based (SPY) GoPro (GPRO), one gave it a “buy” recommendation, four recommended a “sell,” and 13 recommended a “hold.” The analysts’ stock price target for the company is $10.08 with a median target estimate of $10. GoPro is trading at a discount of 7% to median analyst estimates. 

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Shareholder returns and stock trends

GoPro (GPRO) generated investor returns of -49.4% in the trailing-12-month period and 3.2% in the trailing-one-month period. By comparison, it generated -51.6% in 2016 and 7.3% YTD (year-to-date). The company’s share price rose 4.5% in the trailing-five-day period.

Among its peer companies, Japan-based (EWJ) Sony (SNE) and Canon (CAJ) generated returns of 14.6% and 3%, respectively, in the trailing-12-month period.

Moving averages

On January 5, 2016, GoPro closed the trading day at $9.35. Based on this price, here’s how the stock fared in terms of its moving averages:

  • 25.8% below its 100-day moving average of $12.6
  • 7.8% below its 50-day moving average of $10.14
  • 4.1% above its 20-day moving average of $8.98

MACD and RSI

A stock’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. GoPro’s 14-day MACD is approximately -0.46. This negative figure indicates a downward trading trend.

The company’s 14-day RSI (relative strength index) is 65, which shows that its stock has been somewhat overbought. Generally, if an RSI is above 70, it indicates that a stock has been overbought. An RSI figure below 30 suggests that a stock has been oversold.

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