GoPro's Highest Risk Product of 2017
For more than a decade GoPro Inc (NASDAQ: GPRO) was all about a single line of action cameras. It sold accessories and made some software, but everything revolved around the action cameras themselves, which all looked nearly identical.
In 2016 the company launched its first drone, which promptly crashed and has never really recovered. This year it's trying to expand into a new market: the 360 video market, which is adjacent to action cameras and very much up for grabs for camera makers. Now that the Fusion 360 camera is officially for sale, GoPro is testing how far it can spread its wings into unexplored territory.
Image source: GoPro.
Source: Fool.com
GoPro Inc. A Stock
€1.40
-2.040%
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 1.4 € the target price of 4 € shows a potential of 185.1% for GoPro Inc. A which would more than double the current price.
