Gopro Inc Stock Price Prediction

GPRO Stock  USD 2.28  0.05  2.24%   
As of today, the relative strength index (RSI) of GoPro's share price is approaching 31. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling GoPro, making its price go up or down.

Oversold Vs Overbought

31

 
Oversold
 
Overbought
GoPro Inc stock price prediction is an act of determining the future value of GoPro shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of GoPro's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of GoPro and does not consider all of the tangible or intangible factors available from GoPro's fundamental data. We analyze noise-free headlines and recent hype associated with GoPro Inc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting GoPro's stock price prediction:
Quarterly Earnings Growth
(0.94)
EPS Estimate Next Quarter
(0.14)
EPS Estimate Current Year
(0.08)
EPS Estimate Next Year
0.15
Wall Street Target Price
2.2
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of GoPro based on different types of headlines from major news networks to social media. The GoPro stock price prediction module provides an analysis of price elasticity to changes in media outlook on GoPro over a specific investment horizon. Using GoPro hype-based prediction, you can estimate the value of GoPro Inc from the perspective of GoPro response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards GoPro using GoPro's stock options and short interest. It helps to benchmark the overall future attitude of investors towards GoPro using crowd psychology based on the activity and movement of GoPro's stock price.

GoPro Short Interest

A significant increase or decrease in GoPro's short interest from the previous month could be a good indicator of investor sentiment towards GoPro. Short interest can provide insight into the potential direction of GoPro stock and how bullish or bearish investors feel about the market overall. An investor who is long GoPro may also wish to track short interest. As short interest increases, investors should be becoming more worried about GoPro and may potentially protect profits, hedge GoPro with its derivative instruments, or be ready for some potential downside.
200 Day MA
3.2989
Short Percent
0.0581
Short Ratio
3.2
Shares Short Prior Month
7.1 M
50 Day MA
2.5812

GoPro Inc Hype to Price Pattern

Investor biases related to GoPro's public news can be used to forecast risks associated with an investment in GoPro. The trend in average sentiment can be used to explain how an investor holding GoPro can time the market purely based on public headlines and social activities around GoPro Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of GoPro's market sentiment to its price can help taders to make decisions based on the overall investors consensus about GoPro.

GoPro Implied Volatility

    
  127.42  
GoPro's implied volatility exposes the market's sentiment of GoPro Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if GoPro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that GoPro stock will not fluctuate a lot when GoPro's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in GoPro. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in GoPro to buy its stock at a price that has no basis in reality. In that case, they are not buying GoPro because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

GoPro after-hype prediction price

    
  USD 2.29  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out GoPro Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GoPro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.153.066.25
Details
3 Analysts
Consensus
LowTargetHigh
4.695.155.72
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.25-0.25-0.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GoPro. Your research has to be compared to or analyzed against GoPro's peers to derive any actionable benefits. When done correctly, GoPro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in GoPro Inc.

GoPro After-Hype Price Prediction Density Analysis

As far as predicting the price of GoPro at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in GoPro or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of GoPro, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

GoPro Estimiated After-Hype Price Volatility

In the context of predicting GoPro's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on GoPro's historical news coverage. GoPro's after-hype downside and upside margins for the prediction period are 0.11 and 5.48, respectively. We have considered GoPro's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2.28
2.29
After-hype Price
5.48
Upside
GoPro is unstable at this time. Analysis and calculation of next after-hype price of GoPro Inc is based on 3 months time horizon.

GoPro Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as GoPro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading GoPro backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with GoPro, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.62 
3.19
  0.01 
  0.21 
11 Events / Month
7 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.28
2.29
0.44 
31,900  
Notes

GoPro Hype Timeline

GoPro Inc is currently traded for 2.28. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.21. GoPro is projected to increase in value after the next headline, with the price projected to jump to 2.29 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.44%, whereas the daily expected return is currently at -0.62%. The volatility of related hype on GoPro is about 957.96%, with the expected price after the next announcement by competition of 2.07. 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. Given the investment horizon of 90 days the next projected press release will be in about 11 days.
Check out GoPro Basic Forecasting Models to cross-verify your projections.

GoPro Related Hype Analysis

Having access to credible news sources related to GoPro's direct competition is more important than ever and may enhance your ability to predict GoPro's future price movements. Getting to know how GoPro rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how GoPro may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MBUUMalibu Boats(3.02)8 per month 0.00 (0.14) 3.62 (5.16) 20.87 
MCFTMCBC Holdings(0.31)9 per month 2.45 (0.05) 3.68 (3.21) 12.10 
BCBrunswick 1.03 7 per month 1.85 (0.07) 2.74 (3.05) 9.44 
RLRalph Lauren Corp(0.77)8 per month 1.21  0.10  2.03 (2.36) 20.47 
UAUnder Armour C(0.01)8 per month 0.00 (0.18) 3.54 (4.10) 15.25 
DOGZDogness International Corp 0.05 4 per month 10.99  0.1  25.25 (17.96) 111.90 
MICSThe Singing Machine 0.00 6 per month 4.84 (0.02) 6.78 (8.00) 45.77 
DOOOBRP Inc(0.58)10 per month 0.00 (0.14) 3.07 (4.29) 8.53 
VEEETwin Vee Powercats 0.02 6 per month 0.00 (0.12) 7.76 (7.14) 20.41 
MODGCallaway Golf 0.26 7 per month 2.14  0.03  3.87 (3.61) 15.20 

GoPro Additional Predictive Modules

Most predictive techniques to examine GoPro price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for GoPro using various technical indicators. When you analyze GoPro charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About GoPro Predictive Indicators

The successful prediction of GoPro stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as GoPro Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of GoPro based on analysis of GoPro hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to GoPro's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to GoPro's related companies.
 2020 2024 (projected)
Dividend Yield0.0050510.0111
Price To Sales Ratio1.380.5

Story Coverage note for GoPro

The number of cover stories for GoPro depends on current market conditions and GoPro's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that GoPro is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about GoPro's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

GoPro Short Properties

GoPro's future price predictability will typically decrease when GoPro's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of GoPro Inc often depends not only on the future outlook of the potential GoPro's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. GoPro's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding153.3 M
Cash And Short Term Investments246.6 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 GoPro Basic Forecasting Models to cross-verify your projections.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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.