iRobot (IRBT) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 1 year price objectives for iRobot's stock. Their IRBT share price forecasts range from $51.00 to $51.00. On average, they predict the company's share price to reach $51.00 in the next twelve months. This suggests a possible upside of 35.3% 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 on January 1st, 2023. Since then, IRBT shares have decreased by 21.7% and is now trading at $37.69.
View the best growth stocks for 2023 here.

iRobot saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 3,060,000 shares, a drop of 10.3% from the August 15th total of 3,410,000 shares. Based on an average daily volume of 459,100 shares, the days-to-cover ratio is currently 6.7 days. Currently, 11.5% of the shares of the stock are short sold.
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 earnings results on Tuesday, August, 8th. The industrial products company reported ($1.73) earnings per share for the quarter, beating the consensus estimate of ($1.94) by $0.21. The industrial products company earned $236.57 million during the quarter, compared to analyst estimates 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 many different 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 $37.69.

iRobot (NASDAQ:IRBT) has a market capitalization of $1.04 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.