GoPro Inc. ($GPRO) Stock Forecast: Up 14.7% Today

What is GoPro Inc.?

GoPro (GPRO) is a consumer technology company recognized for its action cameras and accessories. The overall market sentiment for consumer stocks appears positive.

Why is GoPro Inc. going up?

GPRO stock is up 14.7% on Apr 23, 2025 15:48

• GoPro is identified as one of the top 3 consumer stocks that could potentially boost a portfolio in April.
• The RSI indicator points towards GPRO potentially being oversold recently, presenting a possible buying opportunity.
• Today's bullish momentum in GPRO may be due to investors acknowledging the stock's undervaluation and capitalizing on the positive trend in the consumer discretionary sector.

GPRO Price Chart

GPRO Technical Analysis

GPRO News

Top 3 Consumer Stocks Which Could Rescue Your Portfolio For April - GoPro ( NASDAQ:GPRO ) , Funko ( NASDAQ:FNKO )

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down.

https://www.benzinga.com/25/04/44918419/top-3-consumer-stocks-which-could-rescue-your-portfolio-for-april

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GoPro Inc. Price History

07.03.2025 - GPRO Stock was down 5.4%

• The release of the new Anamorphic Lens Mod for HERO13 Black represents a positive development for GoPro, highlighting the company's dedication to innovation and meeting the requirements of content creators.
• Despite the notable product launch, the market's bearish response could be linked to concerns regarding the overall demand for GoPro's products or potential competition in the action camera industry.
• Investors may be exercising caution regarding the company's capacity to sustain profitability and market share, resulting in a sell-off of GPRO shares notwithstanding the favorable news about the new product.

08.10.2024 - GPRO Stock was up 6.8%

• GoPro reported break-even earnings for Q3, exceeding expectations by 100%.
• The positive earnings surprise likely boosted investor confidence in the company's performance and future prospects.
• This strong financial performance could have led to increased buying interest in GPRO, driving the bullish movement in the stock today.

08.10.2024 - GPRO Stock was up 8.8%

• GoPro (GPRO) experienced a strong bullish movement today due to its Q3 earnings and revenue surpassing estimates, exceeding expectations set by analysts.
• Despite lower unit sales affecting the company's performance, the break-even earnings for Q3 have positively impacted investor sentiment, leading to a surge in the stock price.
• The market reacted favorably to the news of GoPro's better-than-expected financial results, indicating confidence in the company's ability to navigate challenges such as delayed camera launches and potential revenue impacts in the future.
• Investors are likely optimistic about GoPro's potential growth prospects, considering the positive surprises in earnings and revenues, which may have contributed to the bullish movement in the stock today.

23.03.2025 - GPRO Stock was up 14.7%

• GoPro is identified as one of the top 3 consumer stocks that could potentially boost a portfolio in April.
• The RSI indicator points towards GPRO potentially being oversold recently, presenting a possible buying opportunity.
• Today's bullish momentum in GPRO may be due to investors acknowledging the stock's undervaluation and capitalizing on the positive trend in the consumer discretionary sector.

09.03.2025 - GPRO Stock was down 16.0%

• Despite the exciting news of GoPro shipping its new Cinematic Anamorphic Lens Mod for HERO13 Black worldwide, the market reacted bearishly to the announcement.
• Positive report on LiveOne's fiscal 2025 results, showcasing growth in users and efficiency, may have highlighted potential competition for GoPro in the tech industry, leading to a bearish sentiment towards GPRO.
• Investors might be concerned about GoPro's ability to maintain its competitive edge in the market, especially with the advancements made by other companies in the tech and camera industry.
• The bearish movement in GPRO's stock could also be attributed to profit-taking by traders following a period of price appreciation, leading to a temporary downturn in the stock price.

04.01.2025 - GPRO Stock was up 5.7%

• GoPro's bullish movement today could be attributed to the company's announcement regarding the expected minimal impact of tariffs on consumer pricing and gross margin. This update reassures investors and points to the company's proactive stance in addressing potential challenges in the current economic climate.
• The upcoming release of GoPro's financial results for Q4 may have also spurred positive sentiment among investors, leading to increased buying activity and pushing up the stock price.
• Overall, the market appears to be reacting favorably to GoPro's strategic decisions and financial outlook, positioning the company well in the eyes of investors.

29.09.2024 - GPRO Stock was up 5.3%

• The partnership between Cineverse's GoPro Channel and Lights Out Sports TV could have increased visibility and exposure for GoPro, attracting more customers and investors.
• The addition of Real Madrid TV to the streaming platform might have generated excitement among sports fans, potentially leading to increased viewership and engagement.
• The launch of a new ad-supported streaming TV channel could have boosted GoPro's brand presence and revenue streams, contributing to the bullish movement in the stock price.
• Overall, the strategic collaborations and expansion into the streaming industry seem to have positively impacted GoPro's market performance today.

18.08.2024 - GPRO Stock was up 2.5%

• GoPro stock saw a strong bullish movement today.
• The partnership between Infinix and GoPro, allowing users to capture high-quality underwater footage with the Infinix ZERO 40 5G smartphone, likely boosted investor confidence in GoPro's technology and market presence.
• The innovative collaboration may have sparked excitement among investors, leading to increased demand for GoPro stock.
• The potential for enhanced user experiences and content creation opportunities with the new GoPro mode on the Infinix smartphone could have contributed to the positive market sentiment surrounding GoPro today.

08.00.2025 - GPRO Stock was down 5.6%

• The significant bearish movement in GoPro's stock can be attributed to the continuous decline in sales across its online platform and retail channels.
• Despite the challenging sales environment, the company's stable subscriber base might provide some support to its stock price.
• Investors are likely concerned about GoPro's ability to reverse the downward trend in sales and regain market confidence, leading to the sharp decline in the stock price.
• The 65% drop in GoPro's stock over the past year reflects the ongoing challenges the company faces in a competitive market, prompting investors to reevaluate their positions in the stock.

07.01.2025 - GPRO Stock was down 20.1%

• In the latest financial period, GoPro (GPRO) posted a narrower loss than anticipated, although experiencing a decline in revenues compared to the previous year. This mixed performance may have influenced the negative stock movement.
• Despite surpassing revenue projections, the market's reaction could have been unfavorable due to lower unit sales impacting the company's fourth-quarter results.
• The outlook for 2025, projecting a decrease in both units and revenue growth from 2024, might have soured investor confidence and led to the stock's downward trend.
• Furthermore, the ambiguity surrounding GoPro's strategy to tackle supply chain obstacles, particularly in response to recent U.S. tariff announcements, could have exacerbated the stock's decline.

07.01.2025 - GPRO Stock was down 20.7%

• GoPro reported a Q4 loss, despite exceeding revenue expectations, which may have influenced the stock's downward trend.
• Although GoPro assured minimal tariff impact on pricing and margins, investor concerns about its financial standings persist.
• Uncertainty regarding GoPro's future prospects remains, as the recent earnings report has not indicated a potential reversal in its stock performance.
• Investor attention seems to be predominantly on GoPro's financial situation and performance rather than external factors like tariffs.

11.02.2025 - GPRO Stock was down 6.3%

• The addition of five new athletes to GoPro's team may have been perceived as a positive move for the company.
• However, the market might have reacted bearishly due to the lack of significant financial news or product updates accompanying the talent search program announcement.
• Investors may have been expecting more substantial developments or financial indicators to drive the stock price, leading to a sell-off in response to the relatively minor news.
• The market sentiment could be that while expanding the athlete family is positive for brand promotion, it may not directly translate into immediate financial gains, prompting a bearish movement in the stock price.