GoPro Inc. (NASDAQ: GPRO) Could See Prices Soar In The Coming Months

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In the last trading session, 1.45 million shares of the GoPro Inc. (NASDAQ:GPRO) were traded, and its beta was 1.55. Most recently the company’s share price was $1.50, and it changed around -$0.02 or -1.32% from the last close, which brings the market valuation of the company to $228.45M. GPRO currently trades at a discount to its 52-week high of $4.45, offering almost -196.67% off that amount. The share price’s 52-week low was $1.47, which indicates that the current value has risen by an impressive 2.0% since then. We note from GoPro Inc.’s average daily trading volume that its 3-month average coming to 2.04 million.

GoPro Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 3.50. If we narrow it down even further, the data shows that 1 out of 13 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 9 recommended GPRO as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight.

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GoPro Inc. (NASDAQ:GPRO) trade information

Instantly GPRO has showed a red trend with a performance of -1.32% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -56.77% year-to-date, but still down -2.60% over the last five days. On the other hand, GoPro Inc. (NASDAQ:GPRO) is -21.47% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 70.0% from its current value. Analyst projections state that GPRO is forecast to be at a low of $5 and a high of $5.

GoPro Inc. (GPRO) estimates and forecasts

GoPro Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -58.45 percent over the past six months and at a -25.00% annual growth rate that is well below the industry average of -4.80%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.00%. GoPro Inc. earnings are expected to increase by -38.33% in 2024, but the outlook is positive 10.00% per year for the next five years.

GPRO Dividends

GoPro Inc.’s next quarterly earnings report is expected to be released in July.