Gopro Inc Stock Today

GPRO Stock  USD 2.17  0.05  2.25%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 32

 
100  
 
Zero
Below Average
GoPro is selling at 2.17 as of the 18th of March 2024; that is -2.25 percent decrease since the beginning of the trading day. The stock's open price was 2.22. GoPro has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for GoPro Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the United States and internationally. GoPro, Inc. was founded in 2002 and is headquartered in San Mateo, California. Gopro Inc operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. The company has 123.64 M outstanding shares of which 7.09 M shares are currently shorted by private and institutional investors with about 3.2 trading days to cover. More on GoPro Inc

Moving together with GoPro Stock

  0.62DOOO BRP Inc Report 28th of March 2024 PairCorr
  0.69VOXX VOXX International Tech BoostPairCorr

Moving against GoPro Stock

  0.89VZIO Vizio Holding Corp Financial Report 14th of May 2024 PairCorr
  0.77RL Ralph Lauren Corp Financial Report 23rd of May 2024 PairCorr
  0.74CRI Carters Financial Report 26th of April 2024 PairCorr
  0.63MAT Mattel Inc Financial Report 24th of April 2024 PairCorr
  0.63PVH PVH Corp Report 25th of March 2024 PairCorr
  0.57BLD Topbuild Corp Financial Report 2nd of May 2024 PairCorr
  0.51REE Ree Automotive Holding Report 21st of March 2024 PairCorr

GoPro Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GoPro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GoPro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Founder, Chairman and CEONicholas Woodman
Thematic Ideas
(View all Themes)
Old NameGoPro Inc
Business ConcentrationConsumer Electronics, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Consumer Goods, Robots And Drones, Aggressive Defence, Consumer Discretionary, Household Durables, Consumer Electronics, Technology (View all Sectors)
Financial Strength
Based on the analysis of GoPro's profitability, liquidity, and operating efficiency, GoPro Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of GoPro Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
GoPro Inc (GPRO) is traded on NASDAQ Exchange in USA. It is located in 3025 Clearview Way, San Mateo, CA, United States, 94402 and employs 930 people. GoPro is listed under Consumer Electronics category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 332.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GoPro's market, we take the total number of its shares issued and multiply it by GoPro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GoPro Inc conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 123.64 M outstanding shares of which 7.09 M shares are currently shorted by private and institutional investors with about 3.2 trading days to cover. GoPro Inc currently holds about 348.78 M in cash with (32.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check GoPro Probability Of Bankruptcy
Ownership Allocation
GoPro secures a total of 123.64 Million outstanding shares. Over half of GoPro's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in GoPro Inc. Please watch out for any change in the institutional holdings of GoPro as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check GoPro Ownership Details

GoPro Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of GoPro jumping above the current price in 90 days from now is about 90.77%. The GoPro Inc probability density function shows the probability of GoPro stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days GoPro Inc has a beta of -1.0034. This usually indicates Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. GoPro Inc is significantly underperforming NYSE Composite.
  Odds Below 2.17HorizonTargetOdds Above 2.17
9.19%90 days
 2.17 
90.77%
Based on a normal probability distribution, the odds of GoPro to move above the current price in 90 days from now is about 90.77 (This GoPro Inc probability density function shows the probability of GoPro Stock to fall within a particular range of prices over 90 days) .

GoPro Inc Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. GoPro market risk premium is the additional return an investor will receive from holding GoPro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GoPro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although GoPro's alpha and beta are two of the key measurements used to evaluate GoPro's performance over the market, the standard measures of volatility play an important role as well.

GoPro Stock Against Markets

Picking the right benchmark for GoPro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GoPro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GoPro is critical whether you are bullish or bearish towards GoPro Inc at a given time. Please also check how GoPro's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GoPro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Backtesting Now

   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Module

GoPro Corporate Directors

GoPro corporate directors refer to members of a GoPro board of directors. The board of directors generally takes responsibility for the GoPro's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of GoPro's board members must vote for the resolution. The GoPro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tyrone AhmadTaylorIndependent DirectorProfile
Zander LurieDirectorProfile
Jim LanzoneDirectorProfile
Peter GotcherIndependent DirectorProfile

How to buy GoPro Stock?

Before investing in GoPro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GoPro. To buy GoPro stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of GoPro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase GoPro stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located GoPro Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased GoPro Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GoPro Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GoPro Stock please use our How to Invest in GoPro guide.

Already Invested in GoPro Inc?

The danger of trading GoPro Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GoPro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GoPro. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GoPro Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GoPro Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoPro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gopro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gopro Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoPro Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for GoPro Stock analysis

When running GoPro's price analysis, check to measure GoPro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GoPro is operating at the current time. Most of GoPro's value examination focuses on studying past and present price action to predict the probability of GoPro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoPro's price. Additionally, you may evaluate how the addition of GoPro to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Fundamental Analysis
View fundamental data based on most recent published financial statements
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Is GoPro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoPro. If investors know GoPro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoPro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoPro's market value can be influenced by many factors that don't directly affect GoPro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.