GoPro, Inc. - Class A Common Stock (GPRO)
Frequently Asked Questions About GoPro, Inc. - Class A Common Stock (GPRO)
Has GoPro had any significant partnerships?
Yes, GoPro has established various partnerships with brands, media companies, and sports organizations, enhancing its visibility and reach in the market. These collaborations include partnerships in the realms of sports broadcasting, eSports, and outdoor events, allowing GoPro to showcase its products in high-profile settings.
How does GoPro generate revenue?
GoPro generates revenue primarily through the sale of its action cameras and accessories. In addition to direct product sales, the company also earns income from subscription services like GoPro Plus and licensing agreements, where they collaborate with brands and media outlets for content integration.
How does GoPro support its user community?
GoPro actively supports its user community through social media platforms, user-generated content sharing, and various contests and events that celebrate creativity and storytelling. The company encourages users to share their adventures using GoPro products, fostering a sense of community among enthusiasts.
How does GoPro's camera technology differ from competitors?
GoPro's camera technology is distinguished by its robust build quality, advanced image stabilization capabilities, and user-friendly interface. The company frequently innovates with features such as 4K video recording, waterproof designs, and various shooting modes, setting it apart from competitors in the action camera market.
What are some challenges GoPro has faced?
GoPro has faced several challenges, including intense competition from smartphone cameras and other action camera brands, fluctuations in consumer demand, and maintaining profit margins. The company has also had to pivot its strategy to focus on software and subscription services as hardware sales have fluctuated.
What are the future plans for GoPro?
GoPro aims to expand its product line and enhance its software ecosystem by focusing on subscription services and content-sharing capabilities. The company is looking to leverage emerging technologies, such as augmented reality and artificial intelligence, to improve user experience and attract new customers.
What does GoPro, Inc. do?
GoPro, Inc. is a technology company that develops and manufactures action cameras, video editing software, and cloud-based services. Founded in 2002, GoPro is well-known for its durable and high-quality cameras designed for capturing action and adventure in various environments, making them popular for extreme sports, travel, and everyday use.
What is GoPro Plus?
GoPro Plus is a subscription service offered by GoPro that provides users with cloud storage for their videos and photos, automatic backups from GoPro cameras, and discounts on accessories and camera replacements. This service enhances the user experience by ensuring that content is securely stored and easily accessible across devices.
What is GoPro's approach to sustainability?
GoPro is committed to sustainability and environmentally conscious practices, incorporating eco-friendly materials and processes into their product design and manufacturing. They also support initiatives aimed at reducing waste and promoting recycling, with a goal to minimize their environmental impact throughout the product lifecycle.
What is GoPro's market position?
GoPro is recognized as a leading brand in the action camera market, often synonymous with high-quality video capture in extreme conditions. While facing competition from smartphones and emerging brands, GoPro maintains a strong market presence through brand loyalty, innovation, and a robust community of users.
What is GoPro's stock performance on Nasdaq?
As a publicly traded company on Nasdaq under the ticker symbol GPRO, GoPro's stock performance reflects investor sentiment and market trends in the action camera and technology industry. Historical stock prices have shown variability, influenced by factors such as product launches, overall financial performance, and industry competition.
What is GoPro’s target audience?
GoPro's target audience includes adventure seekers, sports enthusiasts, travelers, and content creators who prioritize high-quality visual storytelling. The company appeals to a diverse range of users, from professional athletes capturing their performances to families documenting everyday moments.
What makes GoPro a popular choice for content creators?
GoPro is popular among content creators due to its compact size, durability, and ability to capture high-quality video and images in dynamic environments. The variety of shooting modes, ease of use, and compatibility with editing software make GoPro cameras an ideal choice for those looking to produce engaging and professional-looking content.
What market does GoPro serve?
GoPro primarily serves the action camera market, targeting adventure and sports enthusiasts, content creators, and social media influencers. Their products are also appealing to consumers looking to document travels, family events, and daily activities in high-quality video and photo formats.
What products does GoPro offer?
GoPro offers a range of action cameras, such as the HERO series, which includes models like the HERO9 and HERO10 Black. Additionally, GoPro provides accessories, mounts, and software, including the Quik video editing app and GoPro Plus, a cloud storage service for users to manage and edit their content.
What role does social media play in GoPro's marketing?
Social media is a crucial component of GoPro's marketing strategy, allowing the company to showcase user-generated content and engage with its audience. Platforms like Instagram, YouTube, and Facebook serve as vital channels for demonstrating product capabilities and inspiring creativity among users.
What steps has GoPro taken to innovate?
GoPro continuously invests in research and development to innovate its products and services. The company has introduced technologies like HyperSmooth stabilization, TimeWarp video, and live streaming capabilities, along with software updates and enhancements to existing models that keep them competitive in the market.
When was GoPro founded?
GoPro, Inc. was founded in 2002 by Nick Woodman. The company started with the goal of creating a camera that would allow users to capture high-quality images and videos of their adventures, ultimately popularizing the use of action cameras in various fields such as sports, travel, and leisure.
Where is GoPro headquartered?
GoPro, Inc. is headquartered in San Mateo, California, USA. This strategic location allows the company to be close to many key technological and media hubs, fostering innovation and connection within the action camera and outdoor adventure industry.
What is the current price of GoPro, Inc. - Class A Common Stock?
The current price of GoPro, Inc. - Class A Common Stock is 0.5634
When was GoPro, Inc. - Class A Common Stock last traded?
The last trade of GoPro, Inc. - Class A Common Stock was at 1:50 pm EDT on April 3rd, 2025
What is the market capitalization of GoPro, Inc. - Class A Common Stock?
The market capitalization of GoPro, Inc. - Class A Common Stock is 45.87M
How many shares of GoPro, Inc. - Class A Common Stock are outstanding?
GoPro, Inc. - Class A Common Stock has 81.42M shares outstanding.