GoPro May Be Making a Big Mistake
(NASDAQ: GPRO) is well known for its action cameras, but the company is betting its future on services. It's lowering prices for cameras and hoping to make up the profit with cloud software and services. Travis Hoium goes through why he's skeptical of the strategy in this video.
*Stock prices used were end-of-day prices of May 10, 2023. The video was published on May 12, 2023.
Source Fool.com
GoPro Inc. A Stock
€1.43
-2.340%
Currently there is a rather positive sentiment for GoPro Inc. A with 4 Buy predictions and 1 Sell predictions.
Based on the current price of 1.43 € the target price of 4 € shows a potential of 180.11% for GoPro Inc. A which would more than double the current price.