S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
NYSE:FIT

Fitbit Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$6.93
0.00 (0.00 %)
(As of 01/14/2021)
Add
Compare
Today's Range
$6.93
$6.93
50-Day Range
$6.78
$7.06
52-Week Range
$5.85
$7.34
Volume1,751 shs
Average VolumeN/A
Market Capitalization$1.70 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

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Fitbit logo

About Fitbit

Fitbit, Inc., a technology company, provides health solutions in the United States and internationally. The company offers a line of devices, including Fitbit Charge 3, Fitbit Inspire, Fitbit Inspire HR, and Fitbit Ace 2 activity trackers; Fitbit Ionic and Fitbit Versa family of smartwatches, as well as Fitbit Flyer wireless headphones and the Fitbit Aria family of connected scales; and accessories, such as bands and frames for its devices. It also offers Fitbit online dashboard and mobile apps that sync automatically with and display real-time data from its wearable devices; and Fitbit Care, a connected health platform for health plans, employers, and health systems. In addition, the company provides Fitbit Premium, a paid subscription service that uses the data of users to deliver actionable guidance and coaching to help users achieve their health and fitness goals, as well as includes Fitbit Coach that offers exercise programs through personal trainer and yoga apps. It sells its products through consumer electronics and specialty, e-commerce, mass merchant, department store, club, and sporting goods and outdoors retailers; wireless carriers; distributors; and Fitbit.com, an online store, as well as directly to consumers. Fitbit, Inc. has a collaboration with The Scripps Research Institute and Stanford Medicine to study the role of wearables to detect, track, and contain infectious diseases, such as COVID-19.; and partnership with Solera Health to reduce risk of type 2 diabetes. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Headlines

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Industry, Sector and Symbol

Industry
Electronic computers
Sub-Industry
N/A
Employees
1,684
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.43 billion
Book Value
$2.13 per share

Profitability

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$1.70 billion
Next Earnings Date
11/3/2021 (Estimated)
Optionable
Optionable

MarketRank

Overall MarketRank

1.15 out of 5 stars

Analyst Opinion: 0.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -












Fitbit (NYSE:FIT) Frequently Asked Questions

Is Fitbit a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fitbit in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" Fitbit stock.
View analyst ratings for Fitbit
or view top-rated stocks.

What stocks does MarketBeat like better than Fitbit?

Wall Street analysts have given Fitbit a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fitbit wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Fitbit's next earnings date?

Fitbit is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Fitbit
.

How were Fitbit's earnings last quarter?

Fitbit, Inc. (NYSE:FIT) posted its quarterly earnings data on Wednesday, August, 5th. The scientific and technical instruments company reported ($0.12) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.23) by $0.11. The scientific and technical instruments company earned $261.27 million during the quarter, compared to the consensus estimate of $203.85 million.
View Fitbit's earnings history
.

What price target have analysts set for FIT?

1 brokers have issued twelve-month price targets for Fitbit's shares. Their forecasts range from $7.35 to $7.35. On average, they anticipate Fitbit's stock price to reach $7.35 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for Fitbit
or view top-rated stocks among Wall Street analysts.

Who are Fitbit's key executives?

Fitbit's management team includes the following people:
  • Mr. James Park, Co-Founder, Chairman, CEO & Pres (Age 44, Pay $2M)
  • Mr. Eric N. Friedman, Co-Founder, CTO & Director (Age 43, Pay $798.32k)
  • Mr. Ronald W. Kisling, Chief Financial Officer (Age 59, Pay $737.07k)
  • Mr. Jeffrey P. Devine, Exec. VP of Operations (Age 59, Pay $726.8k)
  • Mr. Andrew P. Missan, Exec. VP, Gen. Counsel & Sec. (Age 58, Pay $777.32k)
  • Mr. Thomas G. Hudson, VP of Investor Relations
  • Mr. Timothy Rosa, Chief Marketing Officer
  • Ms. Lisa Gross, Sr. VP of People
  • Mr. Mark Silverio, Sr. VP of Americas Sales
  • Mr. Des Power, Sr. VP & MD of International

Who are some of Fitbit's key competitors?

What other stocks do shareholders of Fitbit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fitbit investors own include PayPal (PYPL), Netflix (NFLX), Tesla (TSLA), Actinium Pharmaceuticals (ATNM), NVIDIA (NVDA), General Electric (GE), Twitter (TWTR), Alibaba Group (BABA), Micron Technology (MU) and Advanced Micro Devices (AMD).

When did Fitbit IPO?

(FIT) raised $448 million in an initial public offering (IPO) on Thursday, June 18th 2015. The company issued 29,900,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Deutsche Bank Securities and BofAMerrill Lynch acted as the underwriters for the IPO and Barclays, SunTrust Robinson Humphrey, Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

What is Fitbit's stock symbol?

Fitbit trades on the New York Stock Exchange (NYSE) under the ticker symbol "FIT."

What is Fitbit's stock price today?

One share of FIT stock can currently be purchased for approximately $6.93.

How much money does Fitbit make?

Fitbit has a market capitalization of $1.70 billion and generates $1.43 billion in revenue each year.

How many employees does Fitbit have?

Fitbit employs 1,684 workers across the globe.

What is Fitbit's official website?

The official website for Fitbit is www.fitbit.com.

Where are Fitbit's headquarters?

How can I contact Fitbit?

Fitbit's mailing address is 199 Fremont Street 14th Floor, San Francisco CA, 94105. The scientific and technical instruments company can be reached via phone at 415-513-1000 or via email at [email protected].


This page was last updated on 10/23/2021 by MarketBeat.com Staff

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