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Thoughts on investing in gopro

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ARfive
Posts: 194 - Karma: 280
Just noticed how far the go pro stock price has dropped and I'm considering putting some money in for a long term investment and just looking for other's thoughts/opinions on if they think go pro would be a good long term play? Do you think go pro has peaked? Do your friends/family like go pro? Any input is appreciated!
Dec 2 2015 11:34AM
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Mr.Haverkamp
Posts: 25 - Karma: 114
Probably peaked already. Everyone got go pros and realized that POV isn't really fun to work with but they also don't want to put forth the effort to film traditionally. This is completely a guess tho
Dec 2 2015 11:41AM
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seward
Posts: 5233 - Karma: 2,174
no
Dec 2 2015 11:42AM
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Rusticles
Posts: 2178 - Karma: 1,333
I was looking at this the other day. Kinda think they're a flash in the pan. Had a great idea, capitalized, now it's last its charm and everyone had copied it. They need to branch out into something else, or come up with another revolutionary product. Maybe a cheap simple drone with integrated gopro or a robust/water resistant compact simple DSLR. Something that sells like hot cakes
Dec 2 2015 12:15PM
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deleted5
Posts: 14507 - Karma: 13,500
Sure buy a stock or two but don't expect it to jump anytime soon. Gopro is going to have to branch out and hit other parts of market or they will fall.
Dec 2 2015 12:21PM
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S.J.W
Posts: 7609 - Karma: 31,182
GoPro is a very high speculative and risky growth stock. That being said, 24 bucks a share is a pretty good ask. Every company has had times where their share market has fallen drastically. Plus GoPro is still growing as a company, their price is low because investors were scared off because they didn't meet expectation goals. The founder of GoPro said that they set the initial price for GoPro 4 too high at 399 and once they dropped it by a hundred dollars they started selling a lot more units.

Either way I'm going to buy a few shares, GoPro has brand recognition in the industry and despite Sony coming out with the action cam, pretty much everyone wants a GoPro. GoPro's youtube also topped a billion views last month.
Dec 2 2015 12:56PM
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johnnyBuz
Posts: 1438 - Karma: 1,270
I bought $25,000 worth after the 3Q earnings release. Unfortunately, it fell more since then. They have some new products in the works and the Hero 5 is coming out early next year so we should start to see some momentum over the next 3-6 months.

I think all of the bad news is baked in at this point so if you are looking for a time to buy, anything below $20 is pretty damn good. They would have to really miss on their conservative 4Q guidance to see further bleeding like the bloodbath of the last 4 months.
Dec 2 2015 1:05PM
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Lonely
Posts: 6599 - Karma: 59,644
I've heard murmurs about them branching out to dslr, which would be nice
Dec 2 2015 1:06PM
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KravtZ
Posts: 6637 - Karma: 2,629
My opinion:

Its a ridiculously saturated market now that everyone has a Gopro. The average person isn't going to upgrade from a 3 to a 4 since they barely use them in the first place.

Their cheaper camera's are garbage and no one is buying them in big enough numbers to impact revenue.

IMO Gopro needs to evolve into a different type of company focused on media / technology while still producing cameras. Its over valued so much now and was one of those "hype" stocks that everyone knows about becuase its such a popular product.

I don't think its a bad time to buy though personally. Granted its a huge risk and its your money. They don't have much down the pipeline in terms of camera development or spinoffs or major acquisition talks.
Dec 2 2015 4:13PM
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a_burger
Posts: 5206 - Karma: 20,187
buy it now sell it at the end of the season or whenever it starts to slow down again
Dec 2 2015 4:17PM
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Steezy_IN_KC
Posts: 2033 - Karma: 1,607
Is it a long-term stock? Ehh... I don't think so.

I do think that we will see a short-term rally, probably back to the mid 30's. I would buy now with the plan to sell at that point. I don't think this a $60 stock... but I think it's currently undervalued.
Dec 2 2015 4:20PM
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mike759
Posts: 872 - Karma: 1,949
It's gonna go up around Christmas or when they release a new model, but then drop again imo
Dec 2 2015 5:27PM
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PoLaRpEaK
Posts: 439 - Karma: 555
If gopro released a selfie drone it would bounce.
Dec 2 2015 5:29PM
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JohnJonsz
Posts: 317 - Karma: 871
Pay attention tomorrow (12/3) after the close Ambarella (AMBA) releases q3 earnings. They make the video processing semiconductor chips for gopro
Dec 2 2015 6:09PM
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boppin
Posts: 111 - Karma: 308
Before you buy any stock you need to evaluate what the company is worth.

If you haven't done this I suggest you keep the money in the bank, or spend it on hookers and blow.
Dec 2 2015 6:30PM
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springz
Posts: 327 - Karma: 397
For any of you saying it will go up during Christmas or when they drop a new model, please do not invest your own personal money in anything and find yourself a competent adviser. All of these expectations and expected news pieces are baked in the price months to years in advance. Stocks do not just magically rise around Christmas because for some reason people seem to spend more money in December.....
Dec 2 2015 10:38PM
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johnnyBuz
Posts: 1438 - Karma: 1,270
springzFor any of you saying it will go up during Christmas or when they drop a new model, please do not invest your own personal money in anything and find yourself a competent adviser. All of these expectations and expected news pieces are baked in the price months to years in advance. Stocks do not just magically rise around Christmas because for some reason people seem to spend more money in December.....


No, not "magically," but if they beat their conservative 4Q guidance then that will send the shares up. Current price is based on future guidance/expectations, so when you beat guidance/consensus, shares go up to reflect that.
Dec 3 2015 10:47AM
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SkiBum.
Posts: 3597 - Karma: 3,895
Wall Street hates them.
Dec 3 2015 12:06PM
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CabbyArrant
Posts: 779 - Karma: 4,120
Gopro is not going to be the next Apple meaning their prices aren't going to skyrocket. Chances are you aren't buying high volumes of stock bc if you had the money you wouldn't be taking investment advice off and Internet forum. Just look and see what upcoming IPOs are opening or what you can do in penny stocks because there you actually get good returns on your investment without having to buy extremely expensive stocks. When investing it typically comes down to with the volume of shares you can buy.
Dec 3 2015 12:29PM
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CabbyArrant
Posts: 779 - Karma: 4,120
ARfiveJust noticed how far the go pro stock price has dropped and I'm considering putting some money in for a long term investment and just looking for other's thoughts/opinions on if they think go pro would be a good long term play? Do you think go pro has peaked? Do your friends/family like go pro? Any input is appreciated!


Look at GBSN and ASTI

These are extremely cheap penny stocks but you can buy high volumes. They have the biggest fluctuations percentage wise and offer the largest margin of profit in my opinion without spending thousands of dollars
Dec 3 2015 12:34PM
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Kazabazua
Posts: 3529 - Karma: 1,128
Would have been a good investment 3-4 years ago but I think it's peaked. A lot of people who have gopro's don't use them as much as they thought they would, cameras on phones are close to the same quality and there is more competition these days.
Dec 3 2015 12:48PM
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nutz.
Posts: 3150 - Karma: 6,712
KazabazuaWould have been a good investment 3-4 years ago but I think it's peaked. A lot of people who have gopro's don't use them as much as they thought they would, cameras on phones are close to the same quality and there is more competition these days.


I kinda agree, diversity is key and if gopro doesnt change something up soon then in the long term I dont think theyll do very well. That being said, their 6 cam rigs are being used for a lot of virtual reality/360 video stuff so if that really does get off the ground they may be on to something with more r&d
Dec 3 2015 1:05PM
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johnnyBuz
Posts: 1438 - Karma: 1,270
KazabazuaWould have been a good investment 3-4 years ago but I think it's peaked. A lot of people who have gopro's don't use them as much as they thought they would, cameras on phones are close to the same quality and there is more competition these days.


okay you show me a guy surfboarding with an iphone attached and i'll eat my own hand

action cameras and smart phone cameras fill two completely different markets

gopro is also coming out with their quadcopter and a 360' VR rig called odyssee

they also are developing wireless real-time streaming options and have a contract with the NHL in place.

there is a lot more going on than just kids filming themselves doing action sports. the ancillary products are all higher cost and higher margin targeted at media professionals

https://gopro.com/news/sneak-peek-prototype-gopro-quadcopter-footage

https://gopro.com/odyssey

https://www.newschoolers.com/videos/watch/798231/GoPro--Sneak-Peek-of-GoPro-Quadcopter-Footage
Dec 3 2015 1:16PM
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BradBski
Posts: 20 - Karma: 42
Go pros are a joke don't invest in them buy something nicer with yo cash.
Dec 3 2015 1:43PM
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Kazabazua
Posts: 3529 - Karma: 1,128
johnnyBuzokay you show me a guy surfboarding with an iphone attached and i'll eat my own hand

action cameras and smart phone cameras fill two completely different markets

gopro is also coming out with their quadcopter and a 360' VR rig called odyssee

they also are developing wireless real-time streaming options and have a contract with the NHL in place.

there is a lot more going on than just kids filming themselves doing action sports. the ancillary products are all higher cost and higher margin targeted at media professionals

https://gopro.com/news/sneak-peek-prototype-gopro-quadcopter-footage

https://gopro.com/odyssey

https://www.newschoolers.com/videos/watch/798231/GoPro--Sneak-Peek-of-GoPro-Quadcopter-Footage


You seem to have missed what I said about competition. GoPro has many competitors, they may be entering the drone market but it's a market controlled by other brands who have been making drones for much longer - And let's face it, gapers around the world are finally beginning to realize that no one wants to watch their shitty ass videos.

I think that when their drone comes out there will be a lot of hype at first, there stock will go up but then it will drop after 2-3 months, I'm totally speculating. Their drone could be amazing and they could blow all of the competition away - I just don't think it will. Time will tell. Visit back here in a year?
Dec 3 2015 4:22PM
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Deepskier
Posts: 3267 - Karma: 4,818
Well normally id say that's stupid but because they are building drones and shit is a good buy sine drones are so new and neat where as the action cam world is so saturated
Dec 3 2015 5:46PM
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freestyler540
Posts: 13045 - Karma: 18,291
I vote for worthy of the investment. They are a great first camera: its durable, easy to carry, carries great picture and you can find replacement parts everywhere.

But, they are better as backup video because most of it will suck. There is no zoom and every add-ons are cripplingly expensive. The batteries are short lived in the cold too are some annoyances.
Dec 3 2015 6:18PM
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Deforestation
Posts: 1606 - Karma: 3,192
Had stock for the last several months after I bought it for what I thought was a low price. Sold it today for a loss.

It just kept tanking
Dec 3 2015 6:46PM
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skittiti
Posts: 172 - Karma: 434
GoPro is going to have to introduce something proprietary and new to the market if their shares are to climb again. The action cam market is becoming more and more saturated, and I foresee a similar shift in the market as there was with digital cameras, VHR's, DVD players etc. Prices will fall across the board as the production of these cameras become more commonplace, and investors will exit GoPro in search of a new company with something someone else doesn't have. GoPro will have to introduce something new; a new line of products maybe, maybe revise their supply chain/production line to make GoPro's more cost effective, or some other shift in their business plan to keep a competitive edge. And to be honest, the action cam market is a relatively niche market, and GoPro's market share is only going to decline in my opinion.

TL;DR - Wouldn't invest in GoPro anytime soon unless they bring something new and proprietary to the market.
Dec 3 2015 7:00PM
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Tent
Posts: 1082 - Karma: 681
Save your money

1- Past peak for sure
2- market is oversaturated like all others said
3- everyone has one now so people will not upgrade as frequently
4- Definitely could find a better investment
Dec 3 2015 8:23PM
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.MASSHOLE.
Posts: 7408 - Karma: 11,040
• -2.7% GPRO (GoPro): Downgraded to neutral from outperform at Baird; noted consensus estimates likely to fall further and no clear near-term catalyst
Dec 4 2015 11:12AM
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JohnThatWasTits
Posts: 122 - Karma: 534
Don't do it. GoPro has peaked.
Dec 4 2015 11:19AM
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JohnJonsz
Posts: 317 - Karma: 871
johnnyBuzNo, not "magically," but if they beat their conservative 4Q guidance then that will send the shares up. Current price is based on future guidance/expectations, so when you beat guidance/consensus, shares go up to reflect that.

..correct and quoting this so the kids get it. But even with conservative estimates, a beat may be tough given AMBA's neg commentary last week:
'The company attributed that lower forecast to "near-term headwinds in the wearable sports [camera] market." During the conference call, CFO George Laplante noted that GoPro still had "over a hundred days of inventory" at the end of September. That bearish forecast for the action camera market sent GoPro shares tumbling nearly 5% on Dec. 4. Ambarella shares held up slightly better with a 1.6% decline.' (source http://www.fool.com/investing/general/2015/12/08/what-do-ambarella-incs-third-quarter-earnings-mean.aspx)

The referenced post has been removed.
Yep! AMBA has a more diversified business and may be the better play at $55. But I still like GPRO at $18 as a medium term (say ~2 year) investment.

So then at raymond james tech conference this week, GPRO management just confirmed that they are committed to releasing a quadracopter drone in the first half of 2016. Cool, right! They also again dropped the price of the Session to $199, which bounced up in the sales rankings. Look on Amazon for best sellers in Action sports cameras-- different kinds of gopros are now the top 4 sellers
Dec 8 2015 5:37PM
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Steezy_IN_KC
Posts: 2033 - Karma: 1,607
BUMP.....

This is the shit that GoPro needs to get into. I think this will be cool as hell someday.

Jan 28 2016 10:45AM
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Willgum
Posts: 3254 - Karma: 3,071
http://www.quickmba.com/marketing/product/lifecycle/

Products go through a product life cycle: Nearly all products go through this cycle of growth, plateau, and decline. Some have exceptionally long cycles, others are short fads. Go pro is likely the latter( well, shorter than most, longer than a few). Is there a chance Go Pro will pioneer a new technology or development? Sure, but the chance is what makes the stock risky.
Jan 28 2016 11:20PM
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