Is GoPro Inc. Stock a Buy Under $10?
Shares of GoPro Inc. (NASDAQ: GPRO) have been through the wringer in the last few years, going from hot IPO to dropping over 90% as investors fled the stock. Along the way, the company made some bad product decisions, shed its media plans, laid off workers, and introduced new product lines with a drone and 360 camera.
GoPro's stock doesn't trade too far off its all-time low, indicating that there's still a lot of pessimism built into the stock, which may create a buying opportunity for investors.
GoPro's Hero 6. Image source: GoPro.
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.
