"It was truly a summer to remember in 2025 as meme-stock traders took a shine to GPRO stock. After touching $0.50 in April, the GoPro share price catapulted to $2 and even hit $2.50 recently. On a technical level, the bullish argument makes perfect sense. If GPRO stock quintupled from $0.50 to $2.50, why couldn't it double from here to $5?"
"Hold your horses for a minute, though, and think about the bigger picture. Can bullish-leaning investors justify GoPro's valuation and the share price's massive expansion? Currently, GoPro doesn't have a trailing 12-month price-to-earnings (P/E) ratio because the company wasn't profitable over that time period. This makes it more difficult to assess and justify GoPro's valuation and share price. Therefore, we'll need to dive into GoPro's recent financials to get the full picture and make a reasonable assessment."
Meme-stock buyers pushed GoPro shares sharply higher in July alongside Opendoor, Kohl's, and Krispy Kreme. GoPro's share price rose from about $0.50 in April to roughly $2 and recently to $2.50. Technical momentum led some traders to speculate the stock could reach prior levels like $3 to $5. GoPro lacked a trailing 12-month price-to-earnings ratio because it was not profitable over that period, complicating valuation analysis. Investors face uncertainty about justifying the recent price expansion without profitability metrics. Examination of GoPro's second-quarter 2025 financial results is necessary to assess fundamentals and valuation prospects.
Read at 24/7 Wall St.
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