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
€1.58
0.510%
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 1.58 € the target price of 4 € shows a potential of 153.81% for GoPro Inc. A which would more than double the current price.
