-
Fintech Focus For December 16, 2020
Tuesday, December 15, 2020 - 6:59pm | 1992Quote To Start The Day: “When we’re talking about public markets — when you decide to go public — you go from one to two businesses. The business of whatever you’re in, let’s call it making widgets, and the business of being public.” Source: David Buzkin...
-
Why This CEO Thinks Esports Is The Best ETF Opportunity
Thursday, June 20, 2019 - 1:48pm | 1123Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. When you think about hot sectors, what...
-
Goldman Removes GoPro From Sell List Ahead Of Product Launch
Tuesday, August 15, 2017 - 9:06am | 356Analysts at Goldman Sachs no longer hold a bearish view on GoPro Inc (NASDAQ: GPRO) as the upcoming launch of its HERO6 camera could prove to be a catalyst for the stock. The firm's Doug Clark upgrades GoPro's stock from Sell to Neutral with a price target boosted from $6.75 to $10. From a...
-
GoPro Cuts Staff, Sees Strong Demand
Wednesday, November 30, 2016 - 9:51am | 299GoPro Inc (NASDAQ: GPRO) issued a press release on Wednesday announcing solid camera unit sales growth during the week of Black Friday, indicating restructuring efforts to trim costs and projecting strong holiday demand in the United States for its new HERO5 cameras. Camera Unit Sales Growth GoPro...
-
Analyst's Take On Ambarella Amid GoPro, Drone Checks: Cautious, But Remaining Overweight
Tuesday, November 29, 2016 - 2:21pm | 357Pacific Crest analyst Brad Erickson believes there is near-term risk to the Street estimates for Ambarella Inc (NASDAQ: AMBA), driven by its customer GoPro Inc (NASDAQ: GPRO) and, to a lesser degree, drones. Erickson noted that his checks in the United States revealed relatively in-line GoPro'...
-
Analyst: GoPro Customers Still Paying For Name Brand, Concerns Are Planning-Related
Monday, November 23, 2015 - 2:29pm | 451Almost a month ago, GoPro Inc (NASDAQ: GPRO) reported its third-quarter results, which fell quite short of expectations. The poor sales and several other issues had investors concerned. In a recent report, analysts at Detwiler Fenton, assured that customers are “still paying up for the name...
-
GoPro's International Story Is 'Kicking In'
Wednesday, April 29, 2015 - 8:17am | 383In a report published Wednesday, Barclays analyst Joseph Wolf said that it is "hard to find much fault" in GoPro Inc (NASDAQ: GPRO)'s first quarter print as units shipped rose 58 percent year-over-year, driving a revenue beat. Wolf said GoPro's gross margin of 45.2 percent was...
-
Why This Wall Street Firm Is Cautious On Ambarella
Thursday, March 5, 2015 - 12:35pm | 280Small-cap semiconductors developer Ambarella Inc (NASDAQ: AMBA) has been subject of plenty of discussion recently. The company was put in the spotlight after Chinese smartphone company Xiaomi launched a wearable action camera that offers features that are very similar to those of the GoPro Hero...
-
Piper Jaffray Has Valuation Concerns On GoPro Inc, Says Shares Have Little Room For Additional Upside
Wednesday, October 8, 2014 - 8:35am | 259Sean Naughton of Piper Jaffray downgraded shares of GoPro Inc (NASDAQ: GPRO) to Neutral from Overweight with a $90 price target. "We remain bullish on GoPro's growth opportunity, both in the near-term and longer-term, but would wait for a more attractive entry point," Naughton...