GoPro Earnings Scheduled Today, Analysts Weigh in on Company

GoPro (GPRO) will report its earnings after the closing bell today. Recent data points have suggested that demand for GoPro's cameras was better than expected during the March quarter. However, analysts at Morgan Stanley say the company's valuation is getting high. The analysts say GoPro needs to invest in improving its software platform to lead the charge in automated video editing and sharing of its platform. GoPro says it has been investing in new products and may have some information on that today. The company did recently ink a deal with the National Hockey League to enhance fans experience of the game.