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Home โบ Stocks โบ GoPro Inc. (GPRO) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Consumer Electronics
$1.83
-0.01 (-0.54%)Did GPRO Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if GoPro is one of their latest high-conviction picks.
Based on our analysis of 9 Wall Street analysts, GPRO has a bearish consensus with a median price target of $1.30 (ranging from $1.30 to $1.30). The overall analyst rating is N/A (N/A/10). Currently trading at $1.83, the median forecast implies a -29.0% downside. This outlook is supported by 0 Buy, 0 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for GPRO.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 7, 2024 | Wedbush | Alicia Reese | Neutral | Maintains | $1.50 |
| May 8, 2024 | Wedbush | Alicia Reese | Neutral | Reiterates | $2.00 |
| Apr 30, 2024 | Wedbush | Alicia Reese | Neutral | Reiterates | $2.00 |
| Feb 8, 2024 | Wedbush | Alicia Reese | Neutral | Downgrade | $2.00 |
| Dec 12, 2023 | Morgan Stanley | Erik Woodring | Underweight | Downgrade | $3.00 |
| Nov 8, 2023 | Wedbush | Alicia Reese | Outperform | Maintains | $5.00 |
| Nov 8, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $4.00 |
| Aug 4, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $4.30 |
| May 10, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $4.60 |
| May 10, 2023 | Wedbush | Alicia Reese | Outperform | Maintains | $6.00 |
| Feb 3, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $5.00 |
| Nov 4, 2022 | Oppenheimer | Martin Yang | Perform | Downgrade | $N/A |
| Nov 4, 2022 | JP Morgan | Paul Chung | Neutral | Downgrade | $6.00 |
| Nov 4, 2022 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $4.40 |
| Oct 17, 2022 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $6.10 |
| Aug 8, 2022 | Oppenheimer | Martin Yang | Outperform | Maintains | $11.00 |
| Jun 15, 2022 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $8.00 |
| May 6, 2022 | Citigroup | Jim Suva | Sell | Maintains | $8.00 |
| Feb 28, 2022 | Jefferies | Buy | Initiates | $N/A | |
| Dec 13, 2021 | Wedbush | Alicia Reese | Outperform | Upgrade | $13.50 |
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GoPro Inc. has a market capitalization of $292.30M with a P/E ratio of 21.2x. The company generates $650.75M in trailing twelve-month revenue with a -18.7% profit margin.
Revenue growth is -37.1% quarter-over-quarter, while maintaining an operating margin of -9.4% and return on equity of -91.9%.
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Develops high-definition personal cameras.
GoPro generates revenue primarily through the sale of its HERO and MAX cameras, targeting sports enthusiasts and content creators. Additionally, the company offers a subscription service that provides cloud storage, editing tools, and premium content sharing, enhancing the overall user experience and creating a recurring revenue stream.
Headquartered in San Mateo, California, GoPro influences content creation trends on social media and focuses on integrating user-friendly technology with advanced visual capture capabilities, positioning itself as a leader in the lifestyle and sports entertainment sector.
Technology
Consumer Electronics
696
Mr. Nicholas D. Woodman
United States
2014
The stock of the action camera maker has been inactive, attributed to declining financial performance impacting investor interest.
Declining financials suggest potential weaknesses in the company's performance, which may lead to reduced investor confidence and stagnant stock prices.
GoPro's MAX2 360 camera has received top accolades from WIRED, Tom's Guide, CNET, PCMag, and an Emmy for performance, ease of use, and innovation.
Positive reviews from major tech publications and an Emmyยฎ highlight the MAX2's innovation and performance, potentially boosting GoPro's sales, brand reputation, and stock value.
Strong brands like Nike and Apple signal quality and consistency to consumers, enhancing their market positioning and consumer trust.
Strong brands like Nike and Apple enhance consumer trust, potentially boosting sales and market share, which can lead to increased stock value and investor confidence.
GoPro (NASDAQ: GPRO) partnered as the exclusive action camera for the Red Bull Rampage, where athlete Jaxson Riddle won Best Trick and Reed Boggs placed in the top 5.
GoPro's continued partnership with major events like Red Bull Rampage enhances brand visibility and reinforces its market position, potentially driving sales and investor confidence.
GoPro (NASDAQ: GPRO) announced new firmware and software updates for its MAX2 camera and Quik app, enhancing features like 300Mbps bitrate and advanced image tuning, boosting creative options.
GoPro's firmware updates enhance product appeal, potentially boosting sales and market share. Innovations in imaging and editing may attract professional users, impacting revenue growth positively.
GoPro (GPRO) is experiencing notable trends in international revenue, influencing Wall Street's forecasts and outlook for the stock's future performance.
GoPro's international revenue trends directly influence earnings forecasts, affecting stock valuation and investor sentiment about future growth potential.
Based on our analysis of 9 Wall Street analysts, GoPro Inc. (GPRO) has a median price target of $1.30. The highest price target is $1.30 and the lowest is $1.30.
According to current analyst ratings, GPRO has 0 Buy ratings, 0 Hold ratings, and 1 Sell ratings. The stock is currently trading at $1.83. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict GPRO stock could reach $1.30 in the next 12 months. This represents a -29.0% decrease from the current price of $1.83. Please note that this is a projection by Wall Street analysts and not a guarantee.
GoPro generates revenue primarily through the sale of its HERO and MAX cameras, targeting sports enthusiasts and content creators. Additionally, the company offers a subscription service that provides cloud storage, editing tools, and premium content sharing, enhancing the overall user experience and creating a recurring revenue stream.
The highest price target for GPRO is $1.30 from at , which represents a -29.0% decrease from the current price of $1.83.
The lowest price target for GPRO is $1.30 from at , which represents a -29.0% decrease from the current price of $1.83.
The overall analyst consensus for GPRO is bearish. Out of 9 Wall Street analysts, 0 rate it as Buy, 0 as Hold, and 1 as Sell, with a median price target of $1.30.
Stock price projections, including those for GoPro Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.