GoPro Lacks a Competitive Moat
GoPro (NASDAQ: GPRO) will be reporting fourth-quarter earnings after market close today, and management is making big promises. They expect significant top-line growth to offset weakness earlier in the year. But while GoPro may hit its full-year revenue targets thanks to strong holiday sales and the new Hero 8 camera, its top line isn't growing fast enough to make up for its eroding margins and lack of a competitive moat.
Image Source: Getty Images.
At first glance, GoPro's offerings look well-suited to today's culture. Vlogging -- video blogging -- is an important part of online life as and oversharing becomes ever more cool. So what could be better than a small, body-worn camera that records its wearer's every move from a first-person perspective?
Source Fool.com
