Can GoPro's new business model and management rival previous success?

In the images below you will see my analysis on GoPro and why I am bullish on this stock. The highlights of this analysis are as follows: The management has changed the business model of GoPro into a more DTC business.  GoPro's subscription side of their business had 55% QoQ and 145% YoY growth rates. GoPro has plans to increase their gross margins becasue of their DTC model. The 3 main industries GoPro Operates within are growing relatively quickly (consumer electronics, photographic equipment, and action camera's) GoPro's main competition is DJI, Akaso, and Garmin (especially in the action camera market) Investment Plan: Buy between $10-14 and hold long-term (until it reaches fair value) Sell if the stock falls below $10.49 Look for re-entry at $8.80-$9.20 (if stock falls below $10.49 and you sell) Stocks Fair Value: Using a DCF (as seen in the analysis below), GoPro has an estimated share value of $39.12, this implies a potential upside of 248.35%.  If you  follow my advice above there is only a 6.59% downside risk before selling and re-entry, this makes tthe risk-to-reward of my trading strategy very favourable.