Added to YB: 2025-01-13
Pitch date: 2025-01-11
GPRO [bearish]
GoPro, Inc.
-61.68%
current return
Author Info
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Company Info
GoPro, Inc. provides cameras, mountable and wearable accessories, and subscription and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$257.8M
Pitch Price
$1.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.40
P/E
-2.34
EV/Sales
0.43
Sector
Household Durables
Category
turnaround
Zooming in on GoPro
GPRO short: Action camera maker faces declining demand, smartphone competition. Revenue -13% TTM to $890M. $93M debt due Nov 2025, refinancing unlikely. 26% headcount cut, $110M savings targeted. 2024 rev forecast $800M (-20% YoY). R&D cuts risk competitiveness. Bankruptcy possible by Nov 2025. Best case: 7M op profit after refinance.
Read full article (3 min)