Bullish Case: Improved desktop software and Premium+ service, positive equipment reviews, and new creator-centric features indicate potential for GoPro's rebound in market share and sales growth.


Bearish Case: Historic stock decline, intense competition, underwhelming product reception, and patent defense concerns contribute to ongoing skepticism about GoPro's financial recovery.


Potential Outcomes:

1. Enhanced software drives sales (30%).

2. Patent issues weigh down (20%).

3. Creators boost demand (25%).

4. Competition stifles growth (25%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


February 15, 2024


GoPro Forecast

[GPRO]  GoPro
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)



Make More Profitable Trades with GPRO Forecasts + Trading Strategies







GPRO Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with GPRO



DDD Forecast + Options Trading Strategies   [DDD]  3D Systems (0.95)


TAN Forecast + Options Trading Strategies   [TAN]  Invesco Solar (0.93)


PTON Forecast + Options Trading Strategies   [PTON]  Peloton Interactive (0.93)


WPC Forecast + Options Trading Strategies   [WPC]  W. P. Carey (0.93)


AES Forecast + Options Trading Strategies   [AES]  AES (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to GPRO



CBRE Forecast + Options Trading Strategies   [CBRE]  CBRE (0.0)


CPE Forecast + Options Trading Strategies   [CPE]  Callon Petroleum (0.0)


GS Forecast + Options Trading Strategies   [GS]  Goldman Sachs Group (0.0)


SCHA Forecast + Options Trading Strategies   [SCHA]  Schwab Strategic Trust - Schwab U.S. Small-Cap (0.0)


GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GPRO



PBR Forecast + Options Trading Strategies   [PBR]  Petroleo Brasileiro S.A. Petrobras (-0.86)


PBR.A Forecast + Options Trading Strategies   [PBR.A]  Petroleo Brasileiro S.A. Petrobras - ADR - Preference Shares (-0.86)


CBOE Forecast + Options Trading Strategies   [CBOE]  Cboe Global Markets (-0.87)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.88)


MCK Forecast + Options Trading Strategies   [MCK]  Mckesson (-0.88)


GPRO News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent GPRO News






Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!