Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
iRobot Corp Market Cap
Based on ratings from 8 stock analysts, the iRobot Corp stock price is expected to increase by 50.64% in 12 months. This is calculated by using the average 12-month stock price forecast for iRobot Corp. The lowest target is $11.94 and the highest is $14. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assigned IRBT 2 buy ratings, 5 hold ratings, and 1 sell ratings. This means that analysts expect iRobot Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on IRBT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of IRBT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| James Ricchiuti Needham | Hold | Reiterates | Aug 8, 2024 | |
| Asiya Merchant Citigroup | Neutral | $13 | Maintains | Mar 4, 2024 |
| Asiya Merchant Citigroup | Neutral | $51 | Maintains | Jul 27, 2023 |
| Mark Strouse JP Morgan | Neutral | $61 | Upgrade | Aug 8, 2022 |
| Asiya Merchant Citigroup | Neutral | $45 | Maintains | Jul 14, 2022 |
| Mark Strouse JP Morgan | Underweight | $45 | Downgrade | May 6, 2022 |
Northland Capital Markets | Outperform | Upgrade | Mar 24, 2022 | |
| Asiya Merchant Citigroup | Neutral | $80 | Maintains | Dec 22, 2021 |
| Mark Strouse JP Morgan | Neutral | $103 | Downgrade | Jul 29, 2021 |
| Michael Latimore Northland Capital Markets | Market Perform | $130 | Maintains | May 5, 2021 |
| Asiya Merchant Citigroup | Neutral | $140 | Maintains | Feb 12, 2021 |
| Mark Strouse JP Morgan | Neutral | $101 | Maintains | Feb 8, 2021 |
Raymond James | Outperform | Upgrade | Oct 22, 2020 | |
B of A Securities | Underperform | $70 | Maintains | Oct 19, 2020 |
Colliers Securities | Neutral | Downgrade | Jul 23, 2020 | |
B of A Securities | Underperform | Downgrade | Jun 26, 2020 | |
Piper Sandler | Neutral | $75 | Maintains | Jun 17, 2020 |
B of A Securities | Neutral | $77 | Maintains | Jun 3, 2020 |
| Mark Strouse JP Morgan | Neutral | $65 | Upgrade | May 26, 2020 |
Citigroup | Neutral | $60 | Maintains | Apr 30, 2020 |
When did it IPO
2005
Staff Count
726
Country
United States
Sector/Industry
Consumer Cyclical/Furnishings, Fixtures & Appliances
CEO
Mr. Gary S. Cohen
Market Cap
$253.6M
In 2023, IRBT generated $890.6M in revenue, which was a decrease of -24.74% from the previous year. This can be seen as a signal that IRBT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 24 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - IRBT faces decreased product demand and heightened competition, alongside challenges from unfavorable foreign currency movements.
Why It Matters - Decreased demand and rising competition can lead to lower revenues for IRBT, affecting profitability. Unfavorable foreign currency movements may further erode earnings, increasing risk for investors.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - iRobot Corp. (NASDAQ: IRBT) announced the granting of equity awards to newly hired President and COO Jeff Engel as an inducement for his employment.
Why It Matters - The equity awards indicate iRobot's commitment to attracting top talent, potentially enhancing leadership effectiveness and driving future growth, which can influence stock performance.
Thu, 15 Aug 2024
Sentiment - POSITIVE
Source - InvestorPlace
Summary - Investor interest in robotics is growing, fueled by advancements in artificial intelligence and increased automation, which are driving developments in the sector.
Why It Matters - Rising interest in robotics and AI indicates potential growth opportunities, driving investments and innovation in automation, which can enhance company efficiencies and profitability.
Thu, 15 Aug 2024
Sentiment - POSITIVE
Source - InvestorPlace
Summary - Investors may want to explore robotics stocks this August, as market volatility is expected to be high, potentially creating investment opportunities.
Why It Matters - Rising interest in robotics stocks amidst potential market volatility suggests opportunities for gains or losses, impacting investment strategies and portfolio adjustments.
Mon, 12 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - iRobot Corp. (NASDAQ: IRBT) will participate in the Needham Virtual Industrial Tech, Robotics, & Clean Tech Conference on August 19, 2024.
Why It Matters - iRobot's participation in a key industry conference signals potential growth opportunities and investor interest in robotics and clean tech, influencing stock performance and market perception.
Mon, 12 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - iRobot Corp. (NASDAQ: IRBT) announced the appointment of Michael J. to a new position on August 12, 2024, strengthening its leadership in the consumer robotics sector.
Why It Matters - Michael J.'s addition to iRobot Corp. can signal a strategic shift or innovation potential, impacting future growth and investor sentiment toward the company's stock.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
