How to Buy Gopro Stock
Gopro Inc
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the United States and internationally.
Gopro stock last closed at $1.86, up 7.51% from the previous day, and has decreased 55.5% in one year. It has underperformed other stocks in the Consumer Electronics industry by 0.48 percentage points. Gopro stock is currently +11.38% from its 52-week low of $1.67, and -58.2% from its 52-week high of $4.45.
There are currently 149.9M GPRO shares outstanding. The market capitalization of GPRO is $278.81M. In the past 24 hours, 2.29M GPRO shares were traded.
How to Buy Gopro Stock
Wondering how to invest in Gopro stock? Here's how.
- Figure out where to buy Gopro stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Gopro stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your information.
- Research Gopro stock: The Gopro ticker symbol is GPRO. Is Gopro stock a good investment? Should you buy shares of GPRO? How do GPRO's underlying business fundamentals look? Do top analysts think Gopro is a good buy? Why has GPRO's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if GPRO is a good stock to buy).
- Place your GPRO buy order: Decide if you will purchase GPRO shares at the current market price or use a limit order to buy GPRO shares at a specific price.
- Get key alerts regarding your investment in GPRO: Create a watchlist to keep tabs on your new investment in Gopro shares.
Step 1: Figure out where to buy Gopro stock
You need a brokerage account to access the NASDAQ market and buy GPRO stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to invest in GPRO stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on the best stock app for beginners, you can securely and quickly fund your account:
Check out the walkthrough below if you need help transferring funds into your investment account.
Step 4: Research Gopro stock
After you have selected the best place to buy Gopro stock, it's critical to evaluate their stock before you buy, so you actually wrap your head around the risk and upside.
Gopro Metrics
GPRO Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on GPRO's stock page.
Is GPRO stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge GPRO's intrinsic value.
Using relative valuations metrics:
- GPRO may be undervalued based on its P/B ratio of 0.5x, relative to Consumer Electronics industry P/B ratio of 20.75x
You can access additional valuation analysis on GPRO's stock here.
A quick look at GPRO Financials
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the GPRO balance sheet.
- Total GPRO debt is lower than 5 years ago, relative to shareholder equity.
- GPRO has cash burn of 34383000. It has enough cash and short-term investments to cover this for at least one year.
- GPRO has $246.58M in cash and short term investments. This is enough to cover its annual cash burn of $34.38M.
- There are more short-term assets than long-term liabilities on the GPRO balance sheet.
Negative Health Checks:
- GPRO profit margin has gone down from 2.6% to -5.3% in the past year.
- GPRO has a relatively high debt to equity ratio of 0.74.
Is GPRO stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who give recommendations on GPRO, the consensus analyst rating on Gopro is a Sell
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Gopro stock forecast page.
GPRO Momentum
How are GPRO Revenues/Earnings doing?
Last year, GPRO revenue was $1.01B. During the last five year, GPRO's revenue has gone up by -2.62% per year. This was slower than the Consumer Electronics industry average of 7.83%.
Learn more about GPRO's earnings and revenue performance here.
Latest Insiders Trades at GPRO
Over the past year, insiders at GPRO have sold more shares than they have bought.
Dean Jahnke, SVP Global Sales CM RE of GPRO, was the latest GPRO insider to sell. They sold $67,088.24 worth of GPRO shares on Feb 16, 2024.
Research more about who owns GPRO stock here.
Can I rely on GPRO as an income stream?
No, Gopro doesn't provide an income stream by paying out dividends.
GPRO Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your GPRO buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and your broker will place the order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in GPRO
Now that you own some GPRO stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the most important metrics related to your GPRO stock.
GPRO Feed
How to Buy Stock in Gopro
To reiterate, here are the 6 steps for buying Gopro stock:
- Figure out where to buy Gopro stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Gopro stock
- Place your GPRO buy order
- Get key alerts regarding your investment in GPRO
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Gopro, add GPRO to your watchlist by clicking the button below.
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