iRobot Corporation (IRBT)

NASDAQ: IRBT · Real-Time Price · USD
6.52
-0.70 (-9.64%)
At close: Nov 20, 2024, 4:00 PM
6.72
+0.21 (3.15%)
Pre-market: Nov 21, 2024, 5:42 AM EST
-9.64%
Market Cap 199.09M
Revenue (ttm) 817.36M
Net Income (ttm) -132.00M
Shares Out 30.56M
EPS (ttm) -4.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,278,313
Open 7.15
Previous Close 7.21
Day's Range 6.47 - 7.15
52-Week Range 5.83 - 42.14
Beta 0.86
Analysts Hold
Price Target 13.00 (+99.54%)
Earnings Date Nov 6, 2024

About IRBT

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and d... [Read more]

Founded 1990
Employees 1,113
Stock Exchange NASDAQ
Ticker Symbol IRBT
Full Company Profile

Financial Performance

In 2023, iRobot's revenue was $890.58 million, a decrease of -24.74% compared to the previous year's $1.18 billion. Losses were -$304.71 million, 6.43% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for IRBT stock is "Hold." The 12-month stock price forecast is $13.0, which is an increase of 99.54% from the latest price.

Price Target
$13.0
(99.54% upside)
Analyst Consensus: Hold
Stock Forecasts

News

iRobot Q3: Margin Improvements Are Welcome, But The Guidance Is Concerning

iRobot Corporation's Q3 results showed margin improvements, but lowered guidance led to a 35% share price drop, highlighting ongoing challenges. The company reported a 3.9% revenue increase, but misse...

14 days ago - Seeking Alpha

iRobot lays off another 105 employees

Roomba maker iRobot is laying off 105 employees — about 16% of the company's workforce, — according a U.S. Securities and Exchange Commission filing. The company says the cuts are part of an “operatio...

14 days ago - TechCrunch

iRobot Corporation (IRBT) Q3 2024 Earnings Call Transcript

iRobot Corporation (NASDAQ:IRBT) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants David Calusdian - IR, Sharon Merrill Advisors Gary Cohen - CEO Julie Zeiler - EVP & ...

14 days ago - Seeking Alpha

iRobot Announces Executive Transitions

BEDFORD, Mass. , Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Julie Zeiler, the company's chief financial officer, and Russ Campanello, t...

15 days ago - PRNewsWire

iRobot Reports Third-Quarter 2024 Financial Results

Continues to Make Progress on "iRobot Elevate" Strategy Revises Full-year 2024 Outlook BEDFORD, Mass. , Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today ann...

15 days ago - PRNewsWire

iRobot to Host Third-Quarter 2024 Conference Call on November 6

BEDFORD, Mass. , Oct. 22, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that the company will host its third-quarter 2024 earnings conference call on W...

4 weeks ago - PRNewsWire

iRobot Brings More Power and Self-Emptying to Affordable Roomba Essential Lineup

Roomba Combo ®  2 Essential and Roomba ®  Vac 2 Essential give customers 2x cleaning power1 and 60 days of hands-free 2-in-1 cleaning with AutoEmpty ™  dock BEDFORD, Mass. , Oct. 21, 2024 /PRNewswire/...

4 weeks ago - PRNewsWire

iRobot Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

BEDFORD, Mass. , Sept. 10, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted equity awards as a material inducement to the employment of th...

2 months ago - PRNewsWire

iRobot Names Michael J. Loparco to Board of Directors

BEDFORD, Mass. , Aug. 12, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced the addition of Michael J.

3 months ago - PRNewsWire

iRobot to Participate in 13th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech Conference

BEDFORD, Mass. , Aug. 12, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, will participate in the 13th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1...

3 months ago - PRNewsWire

iRobot Corporation (IRBT) Q2 2024 Earnings Call Transcript

iRobot Corporation (NASDAQ:IRBT) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants David Calusdian - IR, Sharon Merrill Advisors Gary Cohen - CEO Julie Zeiler - EVP & CF...

3 months ago - Seeking Alpha

iRobot Names Jeffrey Engel as President & Chief Operating Officer

BEDFORD, Mass. , Aug. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced it has named Jeffrey Engel as President & Chief Operating Officer (COO).

3 months ago - PRNewsWire

iRobot Reports Second-Quarter 2024 Financial Results

Company Executing on "iRobot Elevate" Strategy to Focus on Branding, Innovation and Operating Performance Delivers on Plan to Lower Cost Structure and Refresh Product Line Introduces Q3 2024 Outlook a...

3 months ago - PRNewsWire

iRobot Introduces Roomba Combo® 10 Max Robot + AutoWash™ Dock - Its Best-Cleaning, Most Intelligent and Independent Robot Vacuum and Mop Yet

iRobot's first AutoWash™ Dock adds automatic mop pad washing and self-cleaning for a more hands-free customer experience Powered by iRobot OS Intelligence, new Enhanced Dirt Detect™Technology recogniz...

4 months ago - PRNewsWire

iRobot Schedules Second-Quarter 2024 Conference Call for August 7

BEDFORD, Mass. , July 18, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it will issue its second-quarter 2024 financial results after market close...

4 months ago - PRNewsWire

iRobot: Standalone Company Has Little Opportunity For Growth

iRobot Corp's stock price is trading for a fraction of the Amazon takeover price as the deal was canceled in January 2024 due to EU regulatory scrutiny. iRobot's financial performance has declined due...

5 months ago - Seeking Alpha

iRobot Names Julien Mininberg to Board of Directors

BEDFORD, Mass. , June 13, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced the addition of Julien Mininberg, former chief executive officer of Helen of Troy, to...

5 months ago - PRNewsWire

iRobot Corporation (IRBT) Q1 2024 Earnings Call Transcript

iRobot Corporation (NASDAQ:IRBT) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Karian Wong - Chief Accounting Officer Glen Weinstein - Interim CEO Julie Zeiler - EVP & ...

7 months ago - Seeking Alpha

iRobot names former Timex head Gary Cohen as CEO

iRobot Tuesday announced the successor to longtime CEO, Colin Angle. Gary Cohen, who previous held chief executive role at Timex and Qualitor Automotive, will be heading up the company, marking a majo...

7 months ago - TechCrunch

iRobot appoints Gary Cohen as CEO, provides optimistic 2024 forecast

iRobot appointed Gary Cohen as chief executive officer on Tuesday to head the robot vacuum maker's turnaround efforts.

7 months ago - Reuters

IRobot names new CEO, posts Q1 profit amid steep layoffs

IRobot swung to a profit in the first quarter and trimmed its outlook for full-year losses after the company completed most of its planned cost cuts.

7 months ago - Market Watch

iRobot Names Gary Cohen as New Chief Executive Officer

Former Gillette, Timex and Energizer executive brings wealth of global consumer product experience, turnaround leadership, and proven track record of driving profitable growth BEDFORD, Mass. , May 7, ...

7 months ago - PRNewsWire

iRobot Reports First-Quarter 2024 Financial Results

Gary Cohen, Former Gillette, Timex and Energizer Executive, Named as Company's New CEO Company Updates Outlook for Full Year 2024 BEDFORD, Mass. , May 7, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRB...

7 months ago - PRNewsWire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in iRobot Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against iRobot Corporation ("iRobot" or "th...

7 months ago - Accesswire

IMPORTANT INVESTOR DEADLINE: The Schall Law Firm Encourages Investors in iRobot Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against iRobot Corporation ("iRobot" or "th...

7 months ago - Accesswire