Added to YB: 2026-09-03
Pitch date: 2026-09-01
GPRO [neutral]
GoPro, Inc.
+38.52%
current return
Author Info
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
$161.7M
Pitch Price
$1.22
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.17
P/E
-0.88
EV/Sales
0.39
Sector
Household Durables
Category
special_situation
GoPro sold itself at 9:20 AM to get ahead of a meme stock
GPRO (update): GoPro appears to have rushed the announcement of a merger amid a potential meme-stock surge, choosing $1.14 per share in cash plus 10% of the combined company over the uncertainty of navigating a meme stock. The bird-in-hand logic reflects financial distress — nearly $50M of first-half cash burn and $20M of costly founder financing — but shareholders lack financial information on private partner Starman, while the unusual timing raises execution and governance questions.
Read full article (4 min)