iRobot Corporation (IRBT)

NASDAQ: IRBT · IEX Real-Time Price · USD
59.63
+0.03 (0.05%)
At close: Aug 17, 2022 4:00 PM
59.53
-0.10 (-0.17%)
After-hours: Aug 17, 2022 6:04 PM EDT
0.05%
Market Cap 1.62B
Revenue (ttm) 1.44B
Net Income (ttm) -48.12M
Shares Out 27.23M
EPS (ttm) -0.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,109,580
Open 59.66
Previous Close 59.60
Day's Range 59.51 - 59.80
52-Week Range 35.41 - 98.86
Beta 1.19
Analysts Sell
Price Target 54.83 (-8.0%)
Earnings Date Aug 9, 2022

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...]

Industry Household Durables
Founded 1990
CEO Colin Angle
Employees 1,438
Stock Exchange NASDAQ
Ticker Symbol IRBT
Full Company Profile

Financial Performance

In 2021, iRobot's revenue was $1.56 billion, an increase of 9.41% compared to the previous year's $1.43 billion. Earnings were $30.39 million, a decrease of -79.34%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for IRBT stock is "Sell." The 12-month stock price forecast is 54.83, which is a decrease of -8.05% from the latest price.

Price Target
$54.83
(-8.05% downside)
Analyst Consensus: Sell
Stock Forecasts

News

What New Data Shows About Why Amazon is Buying iRobot

Joe Jones has become something of a household name in the last ten days because of an idea he had in 1989.

Other symbols: AMZN

7 F-Rated Stocks to Avoid Now

The best investors know how to identify winners and fill their portfolios with equities that have the best potential for returns. And at the same time, they know which stocks to avoid.

Other symbols: BIIBCIMCOINDISGPSPENN

A newsletter that's mostly about Amazon and iRobot

Shortly after the Amazon/iRobot news was announced on Friday morning, a colleague asked me if I was surprised. The short answer is yes and no.

Other symbols: AMZN

iRobot (IRBT) Q2 Loss Narrower Than Expected, Revenues Lag

iRobot's (IRBT) second-quarter 2022 revenues decline 30.1% on account of weakness across its businesses in the United States, Japan and the EMEA regions.

iRobot announced a 10% staff cut the same day its Amazon news dropped

You'd be forgiven for missing this bit of news. I fully cop to not seeing it myself amid the buzz of last week's Amazon acquisition news on Friday (knowing nod to Robot Report for pointing it out).

Equity Alert - The M&A Class Action Firm Announces the Investigation of iRobot Corp. - IRBT

NEW YORK , Aug. 9, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated...

Amazon iRobot play takes ambient intelligence efforts to next level

Many believe Amazon's vision of moving toward ambient intelligence is at the heart of its iRobot acquisition.

Other symbols: AMZN

Roomba Maker iRobot Reportedly Planning To Cut 10% Of Its Staff: Here Are The Major U.S. Job Cuts As Recession Fears ...

Forbes is tracking the biggest layoffs as companies react to fears of a looming recession.

Amazon's iRobot Acquisition Is About More Than Just Vacuums

Amazon is purchasing robotics expertise at a bargain price.

Other symbols: AMZN

iRobot shares rise 20% after announcing an acquisition agreement with Amazon

iRobot (NASDAQ: IRBT) stock increased 20% after announcing it had executed a definitive merger agreement with Amazon (NASDAQ: AMZN) whereby Amazon will acquire the company. iRobot is well-known for maki...

Other symbols: AMZN

Why I'll Be Watching iRobot Stock Next Week

The sales growth outlook should stabilize over the next few months.

Amazon to Buy Roomba-Maker IRobot for $1.65B

Creative Strategies President Carolina Milanesi joins Emily Chang to discuss Amazon's continued push into internet-connected home devices and robotics with its purchase of IRobot, maker of the Roomba va...

Other symbols: AMZN

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating iRobot Corporation Buyout

Wilmington, Delaware--(Newsfile Corp. - August 5, 2022) - Rigrodsky Law, P.A. is investigating iRobot Corporation ("iRobot") (NASDAQ: IRBT) regarding possible breaches of fiduciary duties and other viol...

IROBOT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Pr...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of iRobot Corporation...

Other symbols: AMZN

SHAREHOLDER ALERT: Weiss Law Investigates iRobot Corporation

NEW YORK , Aug. 5, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of iRobot Corporation ("iRobot" or the "Compa...

Other symbols: AMZN

Amazon Announces $1.7 Billion Acquisition of iRobot

Amazon announced a $1.7 billion agreement to buy iRobot in an all-cash transaction at $61 per share.

Other symbols: AMZN

Amazon's Roomba Deal Has Shades of Fitbit

An acquisition of iRobot won't make a dent financially, but a commanding market share could draw Washington's gaze.

Other symbols: AMZN

Amazon agrees to buy Roomba maker iRobot for $1.7bn

Acquisition part of Amazon's bid accelerate its growth beyond retail, but concerns raised about market power of Bezos firm

Other symbols: AMZN

As Amazon vacuums up iRobot, critics call on regulators to pull the plug on Big Tech deals

Amazon's proposed acquisition of Roomba maker iRobot for $1.

Other symbols: AMZN

Amazon to Buy Maker of the Roomba for $1.7 Billion

The acquisition of iRobot Corp., maker of the robot vacuum, will add to Amazon's roster of smart home devices, which includes the Alexa virtual assistant and Ring doorbells.

Other symbols: AMZN

Is Amazon Stock a Buy After Agreeing to Buy iRobot at a 22% Premium?

iRobot's business is struggling in 2022, likely motivating management to sell to the stronger company.

Other symbols: AMZN

Amazon Sweeps Up Roomba Maker iRobot for $1.7 Billion

Expanding its presence in consumer robotics, Amazon.com Inc. ( AMZN , Financial) announced on Friday it is buying iRobot Corp. ( IRBT , Financial) for $1.7 billion.

Other symbols: AMZN

Amazon's acquisition of iRobot a no-brainer for company's robotics plans, says WSJ's Stern

Joanna Stern, the WSJ senior technology columnist and CNBC contributor, joins 'TechCheck' to discuss Amazon's decision to acquire iRobot for $1.7 billion, when we'll see a growing product portfolio in r...

Other symbols: AMZN

Why iRobot Stock Jumped on Friday

iRobot just found the perfect home to continue growing its business.

Amazon's $1.7 billion purchase of Roomba maker iRobot sparks privacy fears: ‘Homes were your last data sanctuary'

Amazon.com Inc.'s deal to purchase Roomba maker iRobot Corp., which comes hot on the heels of the tech giant's deal to acquire One Medical health clinics, is sparking more privacy fears.

Other symbols: AMZN