Gopro Inc Stock Analysis

GPRO Stock  USD 2.28  0.05  2.24%   
GoPro Inc is overvalued with Real Value of 2.11 and Target Price of 5.15. The main objective of GoPro stock analysis is to determine its intrinsic value, which is an estimate of what GoPro Inc is worth, separate from its market price. There are two main types of GoPro's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect GoPro's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of GoPro's stock to identify patterns and trends that may indicate its future price movements.
The GoPro stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. GoPro is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. GoPro Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and GoPro's ongoing operational relationships across important fundamental and technical indicators.
  
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.

GoPro Stock Analysis Notes

About 66.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. GoPro Inc has Price/Earnings To Growth (PEG) ratio of 1.01. The entity recorded a loss per share of 0.35. The firm had not issued any dividends in recent years. GoPro had 2:1 split on the October 1, 2003. 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. It employs 766 people. To learn more about GoPro Inc call Nicholas Woodman at 650 332 7600 or check out https://www.gopro.com.

GoPro Quarterly Total Revenue

295.42 Million

GoPro Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. GoPro's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding GoPro Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
GoPro Inc generated a negative expected return over the last 90 days
GoPro Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 1.01 B. Net Loss for the year was (53.18 M) with profit before overhead, payroll, taxes, and interest of 414.96 M.
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.
Roughly 66.0% of the company shares are owned by institutional investors
Latest headline from benzinga.com: GoPro Undergoes Restructuring Aims To Slash Costs With Workforce And Office Space Cuts

GoPro Inc Upcoming and Recent Events

Earnings reports are used by GoPro to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to GoPro previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

GoPro Largest EPS Surprises

Earnings surprises can significantly impact GoPro's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-08-01
2019-06-300.040.03-0.0125 
2023-11-07
2023-09-300.020.040.02100 
2022-08-04
2022-06-300.060.080.0233 
View All Earnings Estimates

GoPro Thematic Classifications

In addition to having GoPro stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Consumer Goods Idea
Consumer Goods
USA Equities from Consumer Goods industry as classified by Fama & French
Aggressive Defence Idea
Aggressive Defence
Small capitalization, high growth potential companies
Robots And Drones Idea
Robots And Drones
Cross-sector firms and funds that develop or invest in technology that can replicate repetitive human actions

GoPro Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as GoPro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading GoPro Inc backward and forwards among themselves. GoPro's institutional investor refers to the entity that pools money to purchase GoPro's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2023-12-31
1.6 M
Millennium Management Llc2023-12-31
1.5 M
Northern Trust Corp2023-12-31
1.3 M
Assenagon Asset Management Sa2023-12-31
1.2 M
Walleye Trading Advisors, Llc2023-12-31
1.2 M
Barclays Plc2023-12-31
1.2 M
Two Sigma Advisers, Llc2023-12-31
1.1 M
Renaissance Technologies Corp2023-12-31
1.1 M
Bridgeway Capital Management, Llc2023-12-31
1.1 M
Blackrock Inc2023-12-31
12.3 M
Vanguard Group Inc2023-12-31
12.3 M
Note, although GoPro's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

GoPro Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 329.77 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 Profitablity

GoPro's profitability indicators refer to fundamental financial ratios that showcase GoPro's ability to generate income relative to its revenue or operating costs. If, let's say, GoPro is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, GoPro's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of GoPro's profitability requires more research than a typical breakdown of GoPro's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.05) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03.
Last ReportedProjected for 2024
Return On Capital Employed(0.11)(0.10)
Return On Assets(0.05)(0.05)
Return On Equity(0.1)(0.10)

Management Efficiency

GoPro Inc has return on total asset (ROA) of (0.0452) % which means that it has lost $0.0452 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0911) %, meaning that it created substantial loss on money invested by shareholders. GoPro's management efficiency ratios could be used to measure how well GoPro manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to grow to -0.1. In addition to that, Return On Assets is likely to grow to -0.05. At this time, GoPro's Other Assets are very stable compared to the past year. As of the 28th of March 2024, Total Current Assets is likely to grow to about 624.4 M, while Total Assets are likely to drop about 921 M.
Last ReportedProjected for 2024
Price Book Value Ratio 0.96  1.01 
Enterprise Value Multiple(7.84)(7.44)
Price Fair Value 0.96  1.01 
The analysis of GoPro's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze GoPro's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of GoPro Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.445

Technical Drivers

As of the 28th of March, GoPro retains the market risk adjusted performance of (0.23), and Risk Adjusted Performance of (0.11). GoPro technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for GoPro Inc, which can be compared to its competitors. Please check out GoPro Inc information ratio and skewness to decide if GoPro is priced fairly, providing market reflects its last-minute price of 2.28 per share. Please also validate GoPro Inc jensen alpha, which is currently at (0.97) to confirm the company can sustain itself at a future point.

GoPro Inc Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. GoPro middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for GoPro Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

GoPro Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific GoPro insiders, such as employees or executives, is commonly permitted as long as it does not rely on GoPro's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases GoPro insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

GoPro Predictive Daily Indicators

GoPro intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GoPro stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

GoPro Corporate Filings

8K
26th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
11th of March 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
20th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
12th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
9th of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
8K
8th of February 2024
An amendment to a previously filed Form 8-K
ViewVerify
8K
7th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
2nd of February 2024
An amended filing to the original Schedule 13G
ViewVerify

GoPro Forecast Models

GoPro's time-series forecasting models are one of many GoPro's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary GoPro's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About GoPro Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how GoPro prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling GoPro shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as GoPro. By using and applying GoPro Stock analysis, traders can create a robust methodology for identifying GoPro entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin(0.07)(0.06)
Operating Profit Margin(0.08)(0.07)
Net Loss(0.05)(0.05)
Gross Profit Margin 0.32  0.43 

Current GoPro Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. GoPro analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. GoPro analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.15Hold3Odds
GoPro Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most GoPro analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand GoPro stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of GoPro Inc, talking to its executives and customers, or listening to GoPro conference calls.
GoPro Analyst Advice Details

GoPro Stock Analysis Indicators

GoPro Inc stock analysis indicators help investors evaluate how GoPro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading GoPro shares will generate the highest return on investment. By understating and applying GoPro stock analysis, traders can identify GoPro position entry and exit signals to maximize returns.
Begin Period Cash Flow223.7 M
Long Term Debt92.6 M
Common Stock Shares Outstanding153.3 M
Total Stockholder Equity555.8 M
Tax Provision-12 M
Quarterly Earnings Growth Y O Y-0.937
Property Plant And Equipment Net27.4 M
Cash And Short Term Investments246.6 M
Cash222.7 M
Accounts Payable102.6 M
Net Debt-94 M
50 Day M A2.5812
Total Current Liabilities279.1 M
Other Operating Expenses1.1 B
Non Current Assets Total485.4 M
Forward Price Earnings12.9032
Non Currrent Assets Other6.3 M
Stock Based Compensation41.5 M
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.
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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.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.35)
Revenue Per Share
6.557
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.05)
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.