iRobot (IRBT) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IRBT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRBT, but not buy additional shares or sell existing shares.
View IRBT analyst ratings or view top-rated stocks.

1 analysts have issued 12-month target prices for iRobot's shares. Their IRBT share price forecasts range from $51.00 to $51.00. On average, they predict the company's stock price to reach $51.00 in the next twelve months. This suggests a possible upside of 36.7% from the stock's current price.
View analysts price targets for IRBT or view top-rated stocks among Wall Street analysts.

iRobot's stock was trading at $48.13 at the beginning of the year. Since then, IRBT shares have decreased by 22.5% and is now trading at $37.30.
View the best growth stocks for 2023 here.

iRobot saw a decrease in short interest in August. As of August 31st, there was short interest totaling 3,060,000 shares, a decrease of 10.3% from the August 15th total of 3,410,000 shares. Based on an average daily trading volume, of 459,100 shares, the short-interest ratio is currently 6.7 days. Approximately 11.5% of the shares of the stock are sold short.
View iRobot's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our IRBT earnings forecast.

iRobot Co. (NASDAQ:IRBT) posted its quarterly earnings data on Tuesday, August, 8th. The industrial products company reported ($1.73) earnings per share for the quarter, topping analysts' consensus estimates of ($1.94) by $0.21. The industrial products company had revenue of $236.57 million for the quarter, compared to the consensus estimate of $224.48 million. iRobot had a negative net margin of 36.24% and a negative trailing twelve-month return on equity of 47.45%.

ETFs with the largest weight of iRobot (NASDAQ:IRBT) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB), AltShares Merger Arbitrage ETF (ARB) and ProShares Merger ETF (MRGR).Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ).

110 employees have rated iRobot Chief Executive Officer Colin M. Angle on Glassdoor.com. Colin M. Angle has an approval rating of 99% among the company's employees. This puts Colin M. Angle in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other iRobot investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Micron Technology (MU), Intel (INTC), Block (SQ), Walt Disney (DIS) and Shopify (SHOP).

iRobot trades on the NASDAQ under the ticker symbol "IRBT."

iRobot's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.89%), State Street Corp (3.99%), Alpine Associates Management Inc. (3.47%), Credit Suisse AG (3.01%), Dimensional Fund Advisors LP (2.04%) and Geode Capital Management LLC (1.97%). Insiders that own company stock include Andrew Miller, Colin M Angle, David Keith Hartsfield, Elisha W Finney, Glen Daniel Weinstein, Michelle Stacy, Ruey Bin Kao, Russell J Campanello and Timothy Saeger.
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Shares of IRBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IRBT stock can currently be purchased for approximately $37.30.

iRobot (NASDAQ:IRBT) has a market capitalization of $1.03 billion and generates $1.18 billion in revenue each year. The industrial products company earns $-286,300,000.00 in net income (profit) each year or ($13.66) on an earnings per share basis.

The company employs 1,254 workers across the globe.

iRobot's mailing address is 8 CROSBY DRIVE, BEDFORD MA, 01730. The official website for the company is www.irobot.com. The industrial products company can be reached via phone at (781) 430-3000, via email at investorrelations@irobot.com, or via fax at 781-430-3001.