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GoPro Captures Downgrade Ahead Of CES; Company Guides Lower, Cuts Workforce
Monday, January 8, 2018 - 8:48am | 422Read More...GoPro Inc (NASDAQ: GPRO) is reportedly looking to slash up to 300 jobs, mostly in its drone division. While this has yet to be confirmed, at least one notable analyst cautions investors to move to the sidelines. The Analyst Longbow Research's Joe Wittine downgraded GoPro's stock from...
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Analyst Sees A Better Q4 For GoPro, But Action Cameras Still Saturated
Tuesday, January 24, 2017 - 3:54pm | 353Read More...Shares of GoPro Inc (NASDAQ: GPRO) gained more than 8 percent Tuesday after Brad Erickson of Pacific Crest became incrementally positive on the company amid a better than expected performance during the Holiday season. According to Erickson's proprietary checks, sales of GoPro's cameras...
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Can GoPro Sustain Strong Holiday Sales Into 2017 After Karma Recall?
Tuesday, January 17, 2017 - 11:42am | 303Read More...Baird prefers to remain sidelined on GoPro Inc (NASDAQ: GPRO), as it believes the recent Karma recall raises concerns over the sustainability of strong holiday sales levels into 2017. In September, GoPro released the highly anticipated Karma drone along with the HERO5 cameras. But, the product was...
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The Drone Industry Isn't As Healthy As It Seems
Friday, January 13, 2017 - 9:52am | 408Read More...Many market research firms argue that the drone industry appears poised for growth over the coming years, but taking a closer look at some of the leading companies in the space paints a different picture. According to Gadfly's Leila Abboud, the "once-hyped" drone industry is experiencing a "chill...
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A Couple Of News Dumps You May Have Missed On Tuesday Night
Wednesday, November 9, 2016 - 12:49pm | 294Read More...The entire nation was glued to their TV sets or smartphones for the latest U.S. election updates. This also proved to be a convenient time for companies to release a "news dump" - a potentially negative news release on a much bigger news day. Intentional or not, the following reports...
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GoPro Announces Recall Of 2,500 Karma Drones, Shares Fall 10%
Wednesday, November 9, 2016 - 8:26am | 290Read More...Shares of GoPro Inc (NASDAQ: GPRO) tumbled about 10 percent Wednesday after the company announced a recall of 2,500 units of brand new drone product called Karma. GoPro announced Tuesday evening it's recalling the approximately 2,500 Karma drones that were purchased by consumers since...
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The Drone Wars Are Heating Up: Could GoPro Be Left In The Dust?
Wednesday, September 28, 2016 - 8:40am | 453Read More...Bank of America Merrill Lynch sees the introduction of Mavic drone by DJI as having minimal impact on its fourth-quarter estimates for GoPro Inc (NASDAQ: GPRO). That said, the firm is of the view that Mavic increases risk to its 2017 estimates due to its competitive size and pricing relative to...
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GoPro Investors Eagerly Watching DJI's New Drone Unveiling (And They Aren't Looking Happy)
Tuesday, September 27, 2016 - 11:52am | 666Read More...Shares of GoPro Inc (NASDAQ: GPRO) tumbled more than 4 percent Tuesday on concern that its yet-to-be-released drone, Karma, may not stack up compared to the competition. According to Recode, China-based DJI released a new drone Tuesday that is foldable, lightweight and can be operated with just...
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GoPro Talks Details Of Karma Drone, But One Analyst Is Concerned About Battery Life
Monday, September 19, 2016 - 1:32pm | 285Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by more than 5 percent Monday as the company hosted an event to detail its new products, particularly its new drone product called Karma. GoPro's event was split into two presentations. The first included the new product unveiling...
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Karma Drone Will Be Big This Holiday Season, But Is It A Turning Point For GoPro?
Monday, September 19, 2016 - 10:10am | 418Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by nearly 4 percent Monday, adding to the more than 45 percent gain the stock has seen over the past three months. Investors have been buying GoPro's stock ahead of its Karma drone release, which is expected to become a must have gadget...
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GoPro CEO: 'The World Of Red Bull Is Going To Be Brought To You By GoPro'
Tuesday, May 24, 2016 - 12:27pm | 281Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by more than 5 percent on Tuesday after the company announced a new global partnership with Red Bull, which includes content production, distribution, cross-promotion and product innovation. Speaking to CNBC's Kayla Tausche, GoPro's CEO Nick...
