How VR Could Power GoPro Back to Growth
GoPro Inc. (NASDAQ: GPRO) has finally given up on its media business, allowing it to focus on what it does best: make cameras. And the newest one to join its lineup (due to hit stores sometime this fall) is the Fusion spherical camera.
The Fusion is essentially a boxy Hero camera, but it has two lenses, allowing it to create immersive 360-degree images. Users can "punch out" these images to create the distorted pictures that have started popping up on the internet. But the Fusion also has the potential to be a great virtual reality content creation tool. And it's one that the masses could actually use -- the VR equivalent of the Hero line that made action cameras affordable for (and popular among) mainstream users. And that's important given the new VR headsets expected to hit the marketplace in 2018.
Image source: GoPro.
Source: Fool.com
Meta Platforms Inc. Stock
With 13 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 530 € there is a positive potential of 28.67% for Meta Platforms Inc. compared to the current price of 411.9 €.
