GoPro Inc
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Is GoPro Stock a ‘Buy’ for Investors at a 40% Discount?
At $4.16 per share, GoPro (NASDAQ:GPRO) stock trades at more than a 40% discount to its 52-week peak of $7.30. The stock has come a long way.
What Next for GoPro Stock after 46% Decline?
Shares of GoPro (GPRO) continue to take a pounding in 2019. The stock has declined over 7% year-to-date, underperforming broader markets.
ISM Services Data Adds to Market Gloom, Stocks Tank
Today, the ISM released its nonmanufacturing purchasing managers’ index data—also known as the services PMI—which came in below market expectations.
GoPro Stock Tanks 20% as Company Cuts 2019 Forecast
GoPro (GPRO) stock is down 21.8% this morning. The action-camera manufacturer has reduced its 2019 revenue and EPS forecast.
BlackBerry, Roku, GoPro, Shopify Down More than 5%
It’s been a bad day for small- and mid-cap tech stocks. BlackBerry, Roku, GoPro, and Shopify have lost significant market value today. Here’s why.
Trade War: Should US Companies Take Trump’s Advice?
On August 23, amid an escalating trade war, President Donald Trump ordered US companies to seek alternatives to Chinese manufacturing.
Five Tech Stocks that Are Risky for Investors
Let’s look at five tech stocks that are trading at 52-week lows (some are at all-time lows) and are still way too risky for investors.
Will Huawei’s Hongmeng OS Topple Google Android on Mobile?
Huawei has unveiled a new OS, Hongmeng, after being placed on a US trade blacklist. The new OS is a direct replacement of Google’s Android.
GoPro Stock Falls in the Wake of Its Q2 Results
GoPro (GPRO) stock fell over 12.0% in early market trading today. It announced its second-quarter earnings results on August 1.
Apple’s Texas Plant Is Crucial to Avoid Chinese Tariffs
The Mac Pro desktop was produced at Apple’s Texas plant. Now, the Mac Pro desktop is at the center of a bitter standoff between President Trump and Apple.
GoPro’s Q2 Earnings: What to Expect
Consumer technology company GoPro (GPRO) will announce its second-quarter results on August 1.
The Latest Updates from GoPro, Fitbit, and Sony
June marked an inflection point for action camera maker GoPro (GPRO).
What Will Affect GoPro Stock Going Forward?
Though GoPro (GPRO) stock has gained an impressive 60.0% in 2019, it’s fallen close to 80% since its IPO in June 2014.
GoPro Stock Lost Close to 6% on May 28
Shares of consumer technology stock GoPro (GPRO) fell 5.8% on May 28 to close the day at $6.78.
Will GoPro Stock Move Higher in Next 12 Months?
GoPro (GPRO) stock has had a spectacular run this year.
What’s Likely to Drive GoPro Sales Going Forward?
GoPro (GPRO) is optimistic about demand for its line of camera products.
How Has GoPro Stock Performed since Quarterly Results?
GoPro’s (GPRO) stock has gained an impressive 25% in May 2019 at a time when the broader markets have pulled back.
GoPro Intends to Shift Manufacturing Base to Mexico
While tech stocks have taken a beating in the last few days, GoPro (GPRO) has managed to generate impressive returns.
Just Two Analysts Recommend ‘Buy’ for GoPro Stock
GoPro’s (GPRO) investors have had a rough ride since it was listed on the stock exchange in June 2014.
What Could Drive GoPro Stock
GoPro (GPRO) may no longer be a sinking ship. The company’s holiday sales in the last quarter left investors happy.
Forecasting GoPro’s Revenue and Earnings Growth
GoPro (GPRO), which operates in a niche market, has seen flat revenue growth over the last few years.
What Wall Street Expects for GoPro in Q1 2019
Consumer technology company GoPro (GPRO) is set to announce its first-quarter earnings results on May 2.
Fitbit Stock Has Been Volatile This Year
Shares of consumer tech company Fitbit are up over 11% so far in 2019. From the start of this year to February 27, 2019, the stock rose 28%.
Did Hewlett Packard Enterprise Beat Estimates Again in Q1?
Hewlett Packard Enterprises (HPE) has managed to beat analysts’ earnings estimates for the past six quarters.
What Drove Cisco’s Earnings in Q2 2019?
Cisco Systems (CSCO) posted better-than-expected earnings in the second quarter of fiscal 2019 on February 13 after the market bell.
Cisco Stock Up 3.92% after Upbeat Q2 Earnings
Cisco Systems (CSCO) stock increased 3.92% in after-hours trading on February 13 after the tech giant reported upbeat results in the second quarter of fiscal 2019.
Amazon Addresses Perceived Cloud Weakness
Amazon (AMZN) is making a powerful pitch to retailers to use its cloud services.
Apple Could Manufacture iPhones in a Different Country
Several American companies have been considering moving their manufacturing hubs away from China as a result of the escalating trade war between the two countries.
GoPro Shifts Part of Its Manufacturing out of China
GoPro recently announced that it would move most of its production of cameras headed for the United States out of China by next summer.
Can GoPro Stock Make a Comeback?
GoPro (GPRO) has had a rough year so far. Its stock has fallen 40% in 2018. Last month, GoPro stock fell steeply by 24% on the day of its third-quarter earnings.
Why GoPro Fell 24.2% on November 2
GoPro stock (GPRO) fell 24.2% on November 2 to close at $5.44. It was the stock’s biggest decline in over ten months.
Over 69% of Analysts Recommend ‘Holds’ for GoPro
GoPro (GPRO) stock fell 49% in 2016 and 17% in 2017. Since the start of 2018, it’s fallen ~28%.
Can GoPro Stock Rise More in the Next 12 Months?
GoPro (GPRO) stock has fallen 28% in 2018. In fact, it’s lost significant value in the last three years.
What Were GoPro’s Important Metrics in Q3 2018?
In the third quarter, GoPro remained the top selling camera in the United States for the 19th consecutive quarter.
Why Did GoPro Stock Fall 24% on November 2?
GoPro beat its own revenue forecast and analysts’ average earnings estimate in the third quarter, but it fell more than 24% on November 2.
How Did GoPro Perform in Q3 2018?
GoPro (GPRO) announced its third-quarter earnings results on November 1.
Qualcomm’s Progress in the Nonmobile Business
Qualcomm (QCOM) is diversifying its business beyond mobile chipsets and modems due to a slowdown in the smartphone market.
Does Anyone Know Why GoPro Stock Fell 6.1% on October 4?
GoPro (GPRO) stock fell 6.1% on October 4 and closed at $6.26. It’s currently trading 42% above its 52-week low of $4.42.
GoPro Stock: Analyzing the Upside Potential
GoPro (GPRO) stock has gained close to 13% in the past week. Is the gain a momentary spike in the share price or has GoPro stock bottomed out?
What Does GoPro Expect in 2018?
GoPro expects sales between $260 million and $280 million in the third quarter with a gross margin of 34%.
GoPro: Certain Factors Might Impact Device Sales
GoPro will need to increase its marketing and advertising expenditure to drive sales during the holiday season.
Which Metrics Might Drive GoPro’s Future Sales?
NPD Group estimates that GoPro will have a 97% share in the action camera category in the United States in terms of dollar volume.
GoPro Aims to Be Non-GAAP Profitable in the Second Half of 2018
During GoPro’s (GPRO) second-quarter earnings call, management stated that the company’s optimistic outlook was driven by new product launches.
Will the HERO7 Product Launch Drive Sales during the Holidays?
The HERO7 Black launch video has close to two million views on YouTube (GOOG) (GOOGL)—the company’s most viral launch to date.
GoPro Shares Have Risen 12.7% since September 21
GoPro (GPRO) shares have gained 12.7% since September 21. Currently, the stock is trading at $7.28, which is 65% above its 52-week low of $4.42.
Why GoPro Stock Has Surged Recently
GoPro (GRPO) stock has been on a tear in the last couple of sessions, as its stock price has risen 12.0% since September 25.
How the Apple Watch 4 Launch Could Affect Fitbit
Fitbit’s (FIT) latest watch model, the Versa, retails for half the price of the basic Apple Watch Series 4.
How GoPro Is Planning to Escape the Trump Tariffs
Although GoPro hasn’t been hit by President Donald Trump’s tariffs targeting imports from China, it’s exploring moving its manufacturing out of China.
Apple Reaching New Highs: What’s Driving the Stock?
Apple (AAPL) stock touched a 52-week high of $219.18 on August 20, later closing a tad lower at $215.46.
Sony Has Its Work Cut Out for It in the Mobile Space
The global smartphone market is shrinking. Smartphone shipments dipped 0.3% globally in 2017, marking the first annual decline in the history of the industry.
Why GoPro Is Introducing Cheaper Cameras
GoPro (GPRO) is planning to launch three new cheaper cameras for the holiday season, which is usually its strongest period of the year.
Not a Single ‘Buy’ Recommendation for GoPro
Of the nine analysts tracking GoPro (GPRO), none have recommended a “buy,” six have recommended a “hold,” and three have recommended a “sell.”
A Look at GoPro’s Profit Margins
We’ve seen that GoPro (GPRO) launched products across price points, targeting different customer segments.
Can GoPro Increase Device Sales in Q2 2018?
Earlier this month, GoPro (GPRO) revealed that it has sold over 30 million HERO cameras since the launch of the first HD model in November 2009.
How GoPro Stock Has Performed in 2018
GoPro (GPRO) stock has declined more than 21% so far in 2018. The stock has generated returns of -26% in the last 12 months, -5.2% in the last month, and -4.7% in the last five trading days.
Why Wall Street Expects GoPro’s Revenue to Fall 4.4% in 2018
Previously in this series, we saw that analysts expect GoPro’s (GPRO) revenue to fall 8.9% YoY (year-over-year) to $270.23 million in Q2 2018.
Will GoPro Beat Estimates in Q2 2018?
In this series, we’ll look at analysts’ earnings and revenue estimates for GoPro’s (GPRO) Q2 2018 results on August 2.
Snap’s New Spectacles: A Better Fit?
At the start of the second quarter, Snap (SNAP) released an improved version of its Spectacles devices.
What GoPro’s Sales Milestones Look Like
GoPro (GPRO) recently put out an announcement that it was celebrating two major sales milestones.
Facebook, Oculus, and the $60 Billion VR Market
The global VR market is expected to reach $60.9 billion by 2023, according to ResearchandMarkets. The market was estimated at $5.4 billion last year.
Here’s What Impacted GoPro Stock in June
GoPro (GPRO) stock rose 15% in June to close at $6.44. The stock is currently trading at $6.49, which is 47% above its 52-week low.
GoPro Taps Facebook Executive for Board Seat
GoPro (GPRO) has tapped a Facebook (FB) executive for a seat on its board of directors, in a move that suggests GoPro is keen to draw on the Facebook executive’s vast media and marketing experience.
Garmin’s Product Upgrades Put the Heat on Fitbit
Garmin (GRMN) has expanded its line of smartwatch products.
Fitbit and GoPro Slide
GoPro (GPRO) stock fell ~4.4% yesterday. The stock has returned -3.6% over the last two trading sessions, -0.3% in the last five days, 16.6% in the last month, and -17% over the last 12 months.
Fossil Stock Has Risen 276% This Year
Fossil (FOSL) stock has returned 204% in the last 12 months, 50% in the last month, and 2.4% in the last five days. Since the start of 2018, Fossil stock has risen significantly, by 276%.
No ‘Buy’ Recommendations for GoPro in June
GoPro (GPRO) stock has returned -15% in the last 12 months, 22.5% in the last month, and 3.1% in the last five days.
Can GoPro’s Management Successfully Turn the Company Around?
GoPro (GPRO) announced its first-quarter results on May 3, and the company’s stock has risen almost 34% since then.
When Will GoPro Report Profitability?
GoPro’s (GPRO) revenue fell 7.5% YoY (year-over-year) in the first quarter to $202.3 million.
A Look at GoPro’s Marketing and Distribution Strategy
GoPro (GPRO) has a multichannel marketing strategy across social media platforms.
GoPro Is Focusing on Social Media to Leverage Customer Engagement
As the world continues to become more social, GoPro is looking at a significant opportunity to build its core camera application and cloud business.
How Does GoPro Aim to Improve Its Market Share?
According to Statista estimates, unit sales of action cameras were 8.4 million in 2015 and 10.5 million in 2016.
What Are GoPro’s Priorities in 2018?
One of GoPro’s top priorities for 2018 is to launch products at different price points to improve its device sales and return to revenue growth.
Why GoPro Is Optimistic about Sales in 2018
According to GoPro (GPRO), in the first quarter, it saw sell-through grow more than sell-in, and it expects this trend to continue.
GoPro Aims to Drive Sales by Launching Products across Price Points
In the first quarter, GoPro’s (GPRO) portfolio of products was spread across a variety of price points.
Not Many Analysts Tracking Fitbit Recommend a ‘Buy’
Fitbit’s (FIT) stock has returned 41.6% in the last 12 months, 41.8% in the last month, and 15.7% in the last five days.
What’s Working for GoPro?
GoPro quit the drone business in January, and in May it reported its first-quarter results.
GoPro Launches TradeUp Program for Camera Upgrades
GoPro’s revenues fell 7.4% year-over-year to $202.0 million in the first quarter.
Why GoPro Stock Rose Last Week
GoPro (GPRO) stock rose almost 12% in the week ended May 4 to close at $5.45.
Can Selling Components Turn Around GoPro’s Fortunes?
Jabil (JBL), an American manufacturer of electronic products, recently struck a multiyear deal to use GoPro’s (GPRO) technology and parts.
A Look at GoPro’s Historical Stock Returns
GoPro (GPRO) has returned -45% in the last 12 months, 7.6% in the last month, and -2.2% in the last five days.
Is Xiaomi Looking to Acquire GoPro?
GoPro (GPRO) stock rose 8% on April 13 after a number of websites reported that China’s (FXI) Xiaomi might be interested in acquiring the company.
GoPro Launches Camera at $199 to Attract Consumers
GoPro (GPRO) launched a new Hero camera in March. It’s priced at $199 and comes with a 2-inch touch display.
GoPro’s Revenue Decline Expected to Continue in Fiscal 2018
Analysts expect GoPro’s revenue to fall 19.4% YoY to $238.9 million in 2Q18 and 12.7% YoY to $288 million in 3Q18.
Analysts Expect GoPro Revenue to Fall 16% in 1Q18
GoPro (GPRO) is expected to announce its 1Q18 results on May 3. Analysts expect GoPro to post revenue of $184.1 million.
GoPro Stock Rose on Acquisition News
Shares of consumer technology company GoPro (GPRO) rose 7.8% in the week that ended on April 13, 2018, to close at $5.26.
Fitbit and GoPro Continued to Slide Last Week
Shares of consumer technology company GoPro (GPRO) fell 17.3% in the week ended March 23, 2018.
Is GoPro Trading at a Discount to Analysts’ Target Estimates?
GoPro (GPRO) has returned -27% in the trailing 12 months, 3.2% in the trailing month, and 7.6% in the trailing five days.
How Is GoPro Looking to Improve Its Profit Margins?
GoPro’s (GPRO) gross margin contracted significantly from 40% in 4Q16 to 25% in 4Q17.
How Is GoPro Improving Social Media Engagement?
GoPro’s (GPRO) App Store rating has improved significantly from 2.7 stars in September 2017 to 4.7 stars in December 2017.
A Look at GoPro’s Important Metrics in 2017
In 2017, GoPro’s international revenue rose 4% year-over-year driven by revenue growth in Asia, which rose 27%.
What Are GoPro’s Key Priorities for 2018?
One of GoPro’s (GPRO) top priorities is to strengthen its analytics to better understand consumer demand.
How Has GoPro’s Fusion Performed in 4Q17?
GoPro (GPRO) had expected the Karma drone and its 360-degree camera, Fusion, to drive revenue for the company in 4Q17 and beyond.
Why Is GoPro Optimistic about Reducing Product Prices?
Companies such as GoPro increase their revenue year-over-year by getting existing users to upgrade their devices frequently and by attracting new users.
Can GoPro Stem the Fall in Its Device Sales?
While GoPro sold 2.3 million devices in 4Q16, this figure fell over 40% YoY (year-over-year) to 1.4 million in 4Q17.
Can GoPro Get Back to Revenue Growth in 2018?
Analysts expect GoPro’s (GPRO) revenue to fall 15.8% YoY (year-over-year) to $184.1 million in 1Q18.
How Has GoPro Stock Performed in 2018?
Shares of GoPro have fallen 23% in 2018. The stock fell almost 28% in January after the company announced its preliminary 4Q17 results.
Analysts’ Views on Fitbit After Its Stock Price Decline
Historical stock returns Fitbit (FIT) has returned -24% in the trailing 12 months, -8% in the last month, and -10.7% in the trailing five days. The stock fell 75% in 2016 and 22% in 2017, and it’s fallen 15% since the start of 2018. Peers Garmin (GRMN), GoPro (GPRO), and Fossil (FOSL) have returned 16%, -40%, and […]
Could Fitbit’s Profit Margin Improve in Fiscal 2018?
Gross margin was 44.2% in 4Q17 Fitbit (FIT) needs to improve its profit margins and drive operational efficiency to offset declining device sales. Fitbit reduced its inventory by 46% YoY (year-over-year) in 4Q17 to $123.9 million, compared with $230.4 million in 4Q16. As shown in the above table, Fitbit has considerably reduced inventory in each of […]
GoPro Stock Slid in January 2018
GoPro (GPRO) stock fell more than 10.0% in the week ended January 26, 2018, to close at $5.65. In the trailing 12 months, GPRO has fallen more than 43.0%.
Is GoPro Trading at a Discount to Analysts’ Estimates in January?
GoPro (GPRO) has generated returns of -13.1% in the trailing-12-month period, -21% in the trailing-one-month period, and -3% in the trailing-five-day period.