The news is encouraging, but it might not sufficiently move the needle for the company.
This small-cap software stock has beat the market with a 34% gain in 2024, but analysts at Goldman Sachs just downgraded the stock to 'Sell.' Here's why.
Unpacking Q1 Earnings: Bark (NYSE:BARK) In The Context Of Other Toys and Electronics Stocks
GoPro is trying to update its business model, but there could be a limited runway ahead if things don't start to improve soon.
Shares in this camera technology company are dirt cheap. But what will the future hold?
GoPro is working to expand its business, but it seems to have hit an important wall. I'm not sure it's a viable stand-alone company.
GoPro is trying to broaden its appeal while also building out a subscription business. Keep an eye on this one number to see if it's succeeding.
Toys and Electronics Stocks Q1 In Review: Sonos (NASDAQ:SONO) Vs Peers
The quick answer is no, but in order to buy GoPro stock you need to believe that the company's transition plan is going to work.
The turnaround vision is getting harder and harder to see.