iRobot - IRBT Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last twelve months. There are currently 1 sell rating and 2 hold ratings 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.
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3 analysts have issued 12-month price objectives for iRobot's shares. Their IRBT share price forecasts range from $45.00 to $85.00. On average, they expect the company's share price to reach $63.67 in the next twelve months. This suggests a possible upside of 51.0% from the stock's current price.
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iRobot's stock was trading at $48.13 on January 1st, 2023. Since then, IRBT shares have decreased by 12.4% and is now trading at $42.15.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our IRBT earnings forecast.

iRobot Co. (NASDAQ:IRBT) posted its quarterly earnings results on Tuesday, October, 26th. The industrial products company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.97. The industrial products company had revenue of $440.68 million for the quarter, compared to analysts' expectations of $417.04 million. iRobot had a negative net margin of 18.24% and a negative trailing twelve-month return on equity of 19.73%. The firm's revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.37 EPS.

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 Versor Investments LP (2.15%), Calamos Advisors LLC (1.99%), Baillie Gifford & Co. (0.99%), Syquant Capital Sas (0.41%), Nisa Investment Advisors LLC (0.27%) and Wolverine Asset Management LLC (0.25%). Insiders that own company stock include Andrew Miller, Colin M Angle, David Keith Hartsfield, Elisha W Finney, Glen Daniel Weinstein, Michael Bell, 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 $42.15.

iRobot (NASDAQ:IRBT) has a market capitalization of $1.15 billion and generates $1.56 billion in revenue each year. The industrial products company earns $30.39 million in net income (profit) each year or ($8.60) on an earnings per share basis.

The company employs 1,372 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.