Should You Buy GoPro Inc (GPRO) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor with $50k–$100k who wants to act immediately. The stock is in a clear downtrend with weakening momentum, and the latest quarter shows steep revenue decline (-37% YoY). While it’s technically oversold and options positioning is very call-heavy (bullish), that profile fits short-term speculation more than a dependable long-term entry. I would avoid adding new long-term money here at current levels.
Technical Analysis
Price is $1.23 after a -5.43% regular-session drop, sitting essentially at/just below first support (S1 $1.234). Momentum is bearish: MACD histogram is negative (-0.00843) and expanding lower, signaling the downtrend is strengthening. RSI(6) is ~25, indicating oversold conditions (bounce possible), but oversold alone isn’t a trend reversal signal. Moving averages are converging, suggesting consolidation risk near lows rather than a confirmed uptrend. Key levels: downside support at S2 $1.185; resistance/pivot overhead at $1.315, then $1.395.
