GoPro's New Products Are Too Much, Too Late
Action-camera maker GoPro (NASDAQ: GPRO) has been on the ropes for quite a while now, and investors have been hoping that the company can set up a turnaround on the backs of new products that may reinvigorate top-line growth. Revenue did grow 34% in the second quarter, but overall sales have been fairly choppy over the years and highly sensitive to new product launches.
GPRO Revenue (Quarterly) data by YCharts.
Source: Fool.com
GoPro Inc. A Stock
€1.43
-2.340%
Our community is currently high on GoPro Inc. A with 4 Buy predictions and 1 Sell predictions.
With a target price of 4 € there is potential for a 180.11% increase which would mean more than doubling the current price of 1.43 € for GoPro Inc. A.