Is a Short Squeeze Coming?
-GoPro carries a high short interest—around 10–11% of its float, with about 3.8 days to cover.
-Such metrics suggest potential for a short squeeze—especially if a positive catalyst appears (earnings beat, new product, etc.) .
-That said, no guaranteed squeeze is imminent. Many stocks carry high short interest without the price explosion typical of meme-stock squeezes.
Pros of Investing in GoPro
Strong Brand & Community
-Iconic in action cameras, with a dedicated user base and powerful user-generated marketing.
Turnaround Momentum
-The CEO recently waived his salary, aiming to cut operating costs and signal commitment; the company has also taken steps to reduce expenses and workforce.
Diversifying Revenue Streams
-Beyond hardware, GoPro has a subscription model (cloud storage and editing), and is exploring media/content avenues.
Cons & Risks of GoPro
High Volatility & Declining Fundamentals
-Lost ~20% of revenue in 2024 with a €432 million net loss; stock down about 90% from its highs.
-The consumer electronics industry is challenging—smartphones often cannibalize its market.
Intense Competition
-Companies like Sony, DJI, Garmin and mobile devices erode GoPro’s competitive moat.
High Beta & Speculative
-Shares have a beta ~1.98 (nearly double the market), making it highly sensitive to broader market swings.
-Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Stock prices, valuations, and performance metrics are subject to change and may be outdated. Always conduct your own due diligence and consult with a licensed financial advisor before making investment decisions. The information presented may contain inaccuracies and should not be solely relied upon for financial decisions. I am not personally liable for your own losses, this is not financial advise.
-GoPro carries a high short interest—around 10–11% of its float, with about 3.8 days to cover.
-Such metrics suggest potential for a short squeeze—especially if a positive catalyst appears (earnings beat, new product, etc.) .
-That said, no guaranteed squeeze is imminent. Many stocks carry high short interest without the price explosion typical of meme-stock squeezes.
Pros of Investing in GoPro
Strong Brand & Community
-Iconic in action cameras, with a dedicated user base and powerful user-generated marketing.
Turnaround Momentum
-The CEO recently waived his salary, aiming to cut operating costs and signal commitment; the company has also taken steps to reduce expenses and workforce.
Diversifying Revenue Streams
-Beyond hardware, GoPro has a subscription model (cloud storage and editing), and is exploring media/content avenues.
Cons & Risks of GoPro
High Volatility & Declining Fundamentals
-Lost ~20% of revenue in 2024 with a €432 million net loss; stock down about 90% from its highs.
-The consumer electronics industry is challenging—smartphones often cannibalize its market.
Intense Competition
-Companies like Sony, DJI, Garmin and mobile devices erode GoPro’s competitive moat.
High Beta & Speculative
-Shares have a beta ~1.98 (nearly double the market), making it highly sensitive to broader market swings.
-Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Stock prices, valuations, and performance metrics are subject to change and may be outdated. Always conduct your own due diligence and consult with a licensed financial advisor before making investment decisions. The information presented may contain inaccuracies and should not be solely relied upon for financial decisions. I am not personally liable for your own losses, this is not financial advise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.