iRobot (IRBT) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last twelve months. There are currently 2 hold ratings 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.
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2 Wall Street analysts have issued 1-year target prices for iRobot's stock. Their IRBT share price forecasts range from $61.00 to $61.00. On average, they predict the company's share price to reach $61.00 in the next year. This suggests a possible upside of 51.7% from the stock's current price.
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iRobot's stock was trading at $48.13 at the start of the year. Since then, IRBT stock has decreased by 16.5% and is now trading at $40.20.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our IRBT earnings forecast.

iRobot Co. (NASDAQ:IRBT) announced its quarterly earnings data on Monday, February, 13th. The industrial products company reported ($1.52) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $1.56. The industrial products company earned $357.90 million during the quarter, compared to analysts' expectations of $379.14 million. iRobot had a negative net margin of 32.04% and a negative trailing twelve-month return on equity of 33.78%. The business's quarterly revenue was down 21.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.21) earnings per share.

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), ProShares Merger ETF (MRGR), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), ALPS Disruptive Technologies ETF (DTEC), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (16.88%), State Street Corp (3.90%), Dimensional Fund Advisors LP (2.99%), Versor Investments LP (1.91%), Geode Capital Management LLC (1.89%) and Charles Schwab Investment Management Inc. (1.39%). 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 $40.20.

iRobot (NASDAQ:IRBT) has a market capitalization of $1.11 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 ($12.33) 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.