Speculation of Fierce GoPro (GPRO) Competition Seems Overdone Ahead of Holiday Shopping Season
Get Alerts GPRO Hot Sheet
Join SI Premium – FREE
GoPro (NYSE: GPRO) is on watch Thursday following review of a competing product by a noted industry publication.
Motorcross Action Mag reviewed the Isaw A3 Extreme camera, with online publication being posted today. Overall, the magazine gave the A3 Extreme four out of five stars. The major issue was having to purchase a separate Micro SD card.
Conversely, the A3 Extreme listing on Amazon.com has just two reviews with an overall three out of four star rating. More here.
GoPro's similarly-priced HERO 3+ Silver Edition has 610 reviews with 4.5+ out of five stars. That listing is here.
Traders have been keeping an eye on GoPro since launch; more lower-cost options with solid reviews could hit the market over the next few months and that could crimp GoPro's sales and/or margins.
However, it appears that the company could be the one to beat for some time given its strong market penetration and brand name. Really, the name is becoming synonymous with 'action camera' much like Band-Aid is the general name used for an adhesive bandage.
Shares of GoPro are up 1.8 percent Thursday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- GoPro (GPRO) to cut workforce by 4%
- Spirent Communications jumps after accepting Keysight's takeover bid
- Roivant Sciences (ROIV) to Join S&P MidCap 400; Sunrun (RUN) to Join S&P SmallCap 600
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!