GoPro Inc (GPRO) Price

Mr. Nicholas Woodman is the Chairman of the Board of GoPro Inc, joining the firm since 2004.

The current price of GPRO is $2.57, it has increased 1.18% in the last trading day.

GoPro Inc belongs to Consumer products industry and the sector is Consumer Discretionary

GoPro Inc's current market cap is $406.5M

According to wall street analysts, 4 analysts have made analyst ratings for GoPro Inc, including 0 strong buy, 0 buy, 3 hold, 2 sell, and 0 strong sell

Looks like GPRO is trying to convince everyone it's 2014 again with this little pump. The stock is moving today on pure technical momentum, not any actual good news. It's rallying against a wall of bearish analyst ratings that are screaming "SELL," making this a classic high-risk trade.

GoPro is up around 3.5% today, trading at $2.07, but let's break down what's really happening here, anon.

• Purely Technical Rally: There has been zero significant company news, insider buying, or positive social sentiment to fuel this move. This is a chart-driven pump, plain and simple. The stock broke through the daily resistance at $1.73 and is now targeting the next level at $2.37. The daily ADX of 46.76 confirms a strong trend is in play, but trends can reverse fast.

• Momentum Check: On the hourly chart, the RSI was massively overbought on September 12th, hitting over 83 before cooling down to the current 60. This tells us the initial explosive buying is over. The MACD, while still in a bullish posture from the initial pump, is showing a negative and shrinking histogram, signaling that the upward momentum is getting tired.

• The Bearish Fundamentals: Here's the alpha you need to pay attention to. While the price is going up, the smart money is betting against it.

  • Analyst Consensus: The current analyst rating is a "SELL," with a mean price target of $1.15. That's almost 45% below where the stock is trading right now.
  • Sentiment Trend: Analyst recommendations have been in a nosedive since early 2024, shifting from "Buy" to "Hold" and now firmly to "Sell".
  • Future Outlook: The next earnings report on November 5th is projected to be negative, with an estimated EPS of -$0.0408.

This is a textbook case of retail FOMO fighting institutional pessimism. The play here is to watch for a rejection at the $2.37 resistance. If it fails to break through, that could be a prime entry for a short, aligning with the grim fundamental picture.

Ride the wave if you must, but have your exit strategy ready. This isn't a "hodl and pray" situation, babe.