GPRO - GoPro Stock: The Rerating Is Waiting On One More Thing

• GoPro reported a great quarter and continued its successful execution of both its hardware and subscription business.
• The market is beginning to catch on to the subscription business strength but is looking for the last pillar to be established.
• That pillar is a return to consistent revenue growth, and once that happens, the market will rerate the stock.
• That will lead to 60% returns over the next year from today's levels.

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