|Bid||6.40 x 34100|
|Ask||6.54 x 3000|
|Day's range||6.22 - 6.48|
|52-week range||4.42 - 10.70|
|Beta (3Y Monthly)||0.04|
|PE ratio (TTM)||N/A|
|Earnings date||1 Nov 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||6.58|
The company's latest results are pointing in the right direction, but delivering on this upcoming holiday season will be essential.
NEW YORK, Oct. 09, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
When (GPRO) announced its new camera lineup in September, it gave consumers—and investors—their first look at the devices that could go a long way toward determining whether the action camera maker turns the corner or stumbles on its way to a turnaround. There are three cameras, at each of GoPro’s (GPRO) preferred $200, $300 and $400 price points.
Following a down day for the Nasdaq on Thursday, some beaten-down tech stock were rallying in pre-market trading on Friday
GoPro stock was up as much as 6.5% on Friday morning, but it quickly gave back most of those gains to be trading flat by mid-morning, at $6.26 per share.
GoPro stock rose ~12% last month. In fact, GoPro’s CEO Nicholas Woodman has announced that the company’s latest device, the HERO7 Black, had the highest-ever week-one retail unit sell-through in GoPro’s history. Woodman said, “HERO7 Black’s gimbal-like HyperSmooth video stabilization is officially a hit with consumers.
A new product line-up and cost efficiencies are cause for optimism among beleaguered shareholders, but are these enough to fuel a comeback for the stock?
GoPro: What Has Driven the Stock Higher Recently? In this series, we have seen how 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?
GoPro: What Has Driven the Stock Higher Recently? In this series, we have seen that GoPro (GPRO) devices might be impacted due to component shortages. GoPro estimated that the sell-through was at 5.7 million units in 2015, 5.2 million units in 2016, and 4.3 million units in 2017.
The camera company's stock enjoyed a double-digit bounce on a positive report by an analyst, but shares are still down roughly 75% over the last three years.
GoPro: What Has Driven the Stock Higher Recently? GoPro (GPRO) is facing an industry-wide shortage of components like capacitors and resistors. GoPro has claimed that these shortages are factored into its financial sales guidance.
During GoPro’s (GPRO) second-quarter earnings call, management stated that the company’s optimistic outlook was driven by new product launches and strong demand for products across various regions.
GoPro claimed that the product has seen record social engagement levels. GoPro’s CEO, Nicholas Woodman, said, “HERO7 Black is driving the highest levels of social engagement we’ve seen for a new GoPro, and we’ve seen correspondingly strong sales at GoPro.com during the week since launch. GoPro is optimistic about several product features like the HyperSmooth, an in-camera video stabilization, and TimeWarp, a time-lapse function.
GoPro: What Has Driven the Stock Higher Recently? GoPro (GPRO) shares have gained 12.7% since September 21. On September 26, investment firm Oppenheimer upgraded GoPro shares to “outperform” from “perform.” The company also raised its 12-month target price on GoPro to $9, which indicates a potential upside of 24% compared to its current trading price.
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. The action camera received a boost after Oppenheimer’s Andrew Uerkwitz noted that he was currently bullish on the stock on the back of the company’s refreshed product line. Uerkwitz noted that the stock has been “overlooked” and that GoPro’s efforts to improve make it “worth a second look.” The analyst changed his rating on GoPro from “perform” to “outperform” and set his price target at $9.00.
A lot can change in a year or even a few months' time. We cover the latest news from GoPro, Hudson, and Procter & Gamble.
The leading maker of wearable cameras climbs after an Oppenheimer upgrade. There's a lot riding on the company's new Hero7 product line.
By continuing to reduce its inventory and launching these new products, Oppenheimer said, GoPro is set to return to growth in 2019.
GoPro's stock price is on a bit of rebound this morning. The stock opened at $7.36, up from its previous close of $6.62, and is continuing to climb on news that Oppenheimer analyst Andrew Uerkwitz is now bullish on the action camera maker. Uerkwitz changed his rating on the company from perform to outperform and issued a stock price target of $9, up 36% from GoPro's most recent close of $6.62.