GoodLifeStudio/E+ via Getty Images Here's one fact most of us can agree on: smartphone cameras have become incredibly good. That has become the bane of many specialty camera makers, including and especially GoPro (NASDAQ:GPRO). The action camera maker has been experimenting heavily with making higher-end camera models and pushing subscription services, but despite these efforts, it's unable to combat the sheer utility of everyday smartphone cameras and convince the mass market that a specialized action ...

The news is encouraging, but it might not sufficiently move the needle for the company.Its durable cameras might be popular with folks taking action footage, but GoPro (GPRO 0.64%) hasn't been a great success as a stock. After a sustained period of excitement following its 2014 IPO, investors have largely shunned the company.Might that change with a recent deal? The stock has been showing a few signs of life since management announced news of a distribution arrangement with one of the top conglomerates in t ...

Twisters arrives in U.S. theaters July 19SAN MATEO, Calif., July 17, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) takes viewers inside the action for Universal Pictures, Warner Bros. Pictures, and Amblin Entertainment's new film, Twisters, arriving in U.S. theaters July 19. Able to withstand extreme weather conditions, GoPro's versatile cameras played a pivotal role in capturing the adrenaline-pumping action of the epic summer thrill ride that puts audiences in direct contact with one of nature's most wo ...

Group 1 - GoPro, Inc. will release its financial results for Q2 2024 on August 6, 2024, after market close [1] - A conference call and live webcast will follow the financial results release at 2:00 p.m. Pacific Time [1] - The webcast link and management commentary will be available on the Company's Investor Relations website prior to the call [1] Group 2 - A replay of the conference call will be accessible on the investor page from approximately two hours after the call until November 4, 2024 [2] - GoPro has been recognized as a top employer by Outside Magazine and US News & World Report [2] - The Company encourages customers to submit photos and videos for the GoPro Awards, offering opportunities for features on social channels and rewards [2]

SAN MATEO, Calif., July 9, 2024 /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) announced a new distribution partnership with SoftBank Group's SB C&S Corporation in Japan to sell GoPro products through one of the largest sales networks in the region. The deal enables SB C&S to provide its retail customers with the full range of GoPro cameras and accessories. Now, customers in Japan will have greater access to a wide selection of GoPro products, including the latest products and innovations. "Through SB C& ...

GoPro is trying to update its business model, but there could be a limited runway ahead if things don't start to improve soon.Share prices of GoPro (GPRO -7.43%) are down more than 60% over the past year. Investors are clearly not impressed with what's going on at the action-camera maker. The company has a plan to overhaul its business and the truth is that it may not succeed. Management could also run out of time to get it to work. The company's future is a bit blurry at the moment.Here's what you need to ...

SAN MATEO, Calif., June 12, 2024 /PRNewswire/ -- Today, GoPro (NASDAQ: GPRO) announced that it has surpassed 50 million cameras sold since the launch of its ground-breaking HD HERO camera back in 2009."GoPro has helped the world capture and share itself in ways that we could only dream of prior to the invention of the first GoPro camera," said the Company's founder and CEO, Nicholas Woodman. "Selling 50 million cameras over a 15 year span feels good, but it's the next 50 million cameras I'm most excited abo ...

A month has gone by since the last earnings report for GoPro (GPRO) . Shares have lost about 13.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is GoPro due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. GoPro Reports Q1 Loss   GoPro reported first-quarter 2024 non-G ...

Shares in this camera technology company are dirt cheap. But what will the future hold?With its shares down a stunning 96% since their initial public offering (IPO) in 2014, GoPro (GPRO -0.67%) has been a nightmare for early investors. Few would have seen this underperformance coming, considering the company's previously strong brand and the burgeoning online content creation industry that made its products relevant. Let's dig deeper to see what the next five years could have in store for this struggling ca ...

Core Viewpoint - GoPro is attempting to expand its appeal and develop a subscription business, but current subscription growth has stagnated, raising concerns about its market reach and sustainability [1][4][5]. Subscription Business - GoPro has introduced a subscription service to transition from episodic camera purchases to a more stable revenue stream, with high renewal rates: 60%-65% in year one, 70%-75% in year two, and around 80% in year three [2][3]. - The subscriber count increased from approximately 940,000 in Q1 2021 to 2.5 million in Q1 2024, indicating initial success [3]. Subscriber Growth Challenges - Subscriber growth has plateaued at around 2.5 million for three consecutive quarters, including the critical holiday season, which typically boosts sales [4]. - The niche nature of GoPro's products poses a challenge, as the company may have reached its market capacity, necessitating a broader product lineup to attract more consumers [4][5]. Business Sustainability - The success of the subscription service and the expansion of the product lineup are crucial for GoPro to regain investor confidence and ensure long-term viability [5]. - Without a successful strategy to attract new customers, GoPro may struggle to maintain its status as a standalone entity [5][6].