GoPro (GPRO) Drone and VR Expansion Kills the Bear Thesis, Piper Jaffray Says
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New Proprietary Index Shows GoPro (GPRO) Doing Well at Retail, Piper Jaffray Says
June 1, 2015 6:27 AM EDTPiper Jaffray analyst Erinn Murphy reiterated an Overweight rating and $66 price target on GoPro (NASDAQ: GPRO) after introducing a proprietary index used to track the relative strength of GoPro's offering at retail.
"We track how the five current GoPro action camera devices... More
GoPro (GPRO) Drones Could Conservatively Be Worth $17.50/Share, Dougherty & Co. Says (AMBA)
May 28, 2015 7:45 AM EDTDougherty & Co analyst Charles Anderson weighed in on GoPro (NASDAQ: GPRO) after CEO Nick Woodman confirmed Wednesday night at the Code Conference that the company will release its own quadcopter drone, for the consumer market, in 1H16.
Anderson notes while a drone has been widely speculated on for the past year, this is the first time the company has admitted that this product is in the work. He said one of the key planks in their thesis is that GoPro will extend its brand to adjacent product categories. Drones... More
GoPro (GPRO) Gains as CEO Talks VR, Drones
May 28, 2015 6:41 AM EDTGoPro (NASDAQ: GPRO) shares are poised to open higher Thursday morning following comments from its CEO Nick Woodman at the Code Conference. Woodman discussed the company's pivot toward virtual reality and drones. Its drone is set to launch in the first half of 2016 (more here).
... More