Gopro Inc Stock Today

GPRO Stock  USD 2.17  0.05  2.25%   

Performance

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Odds Of Distress

Less than 32

 
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GoPro is selling at 2.17 as of the 18th of March 2024; that is -2.25 percent down 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.
Business Domain
Consumer Durables & Apparel
IPO Date
26th of June 2014
Category
Technology
Classification
Consumer Discretionary
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

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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)
Average Analyst Recommendation
Analysts covering GoPro report their recommendations after researching GoPro's financial statements, talking to executives and customers, or listening in on GoPro's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GoPro Inc. The GoPro consensus assessment is calculated by taking the average forecast from all of the analysts covering GoPro.
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.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.581.0387
Way Up
Slightly volatile
Gross Profit Margin0.430.3218
Significantly Up
Slightly volatile
Total Current Liabilities339.5 M279.1 M
Fairly Up
Slightly volatile
Non Current Liabilities Total167.2 M133 M
Significantly Up
Pretty Stable
Total Assets921 M968 M
Notably Down
Slightly volatile
Total Current Assets624.4 M482.6 M
Significantly Up
Slightly volatile
GoPro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GoPro's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GoPro's financial leverage. It provides some insight into what part of GoPro's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on GoPro's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how GoPro deploys its capital and how much of that capital is borrowed.
Liquidity
GoPro cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 128.66 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. GoPro Inc has a current ratio of 2.07, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist GoPro until it has trouble settling it off, either with new capital or with free cash flow. So, GoPro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GoPro Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GoPro to invest in growth at high rates of return. When we think about GoPro's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(7.61 Million)
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 327.52 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 92.1%. 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 the stock has a beta coefficient of 2.9792. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GoPro will likely underperform. 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
7.87%90 days
 2.17 
92.10%
Based on a normal probability distribution, the odds of GoPro to move above the current price in 90 days from now is about 92.1 (This GoPro Inc probability density function shows the probability of GoPro Stock to fall within a particular range of prices over 90 days) .

GoPro Stock Institutional Holders

Institutional Holdings refers to the ownership stake in GoPro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GoPro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GoPro's value.
InstituionRecorded OnShares
Thompson, Siegel & Walmsley Llc2023-09-30
1.6 M
Charles Schwab Investment Management Inc2023-09-30
1.5 M
Northern Trust Corp2023-09-30
1.3 M
Assenagon Asset Management Sa2023-12-31
1.2 M
Two Sigma Advisers, Llc2023-12-31
1.1 M
Barclays Plc2023-09-30
1.1 M
Renaissance Technologies Corp2023-12-31
1.1 M
Bridgeway Capital Management, Llc2023-12-31
1.1 M
Millennium Management Llc2023-09-30
M
Blackrock Inc2023-12-31
12.3 M
Vanguard Group Inc2023-09-30
12.2 M
View GoPro Diagnostics

GoPro Historical Income Statement

GoPro Inc Income Statement is one of the three primary financial statements used for reporting GoPro's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GoPro Inc revenue and expense. GoPro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GoPro's Cost Of Revenue is very stable compared to the past year. As of the 18th of March 2024, Total Operating Expenses is likely to grow to about 447.5 M, while Depreciation And Amortization is likely to drop about 5.9 M. View More Fundamentals

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.

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.