Published On: Wed, Oct 19th, 2016

Analyst Review: IRobot Corporation (NASDAQ:IRBT)


A number of investment brokers have recently updated their price targets on shares of iRobot Corporation (NASDAQ:IRBT).

Most recent broker ratings

10/17/2016 – iRobot Corporation had its “buy” rating reiterated by analysts at Benchmark. They now have a USD 52 price target on the stock.

09/15/2016 – iRobot Corporation had its “buy” rating reiterated by analysts at Needham & Company. They now have a USD 46 price target on the stock.

03/18/2016 – iRobot Corporation was downgraded to “underweight” by analysts at JP Morgan. They now have a USD 28 price target on the stock.

02/10/2016 – Chardan Capital began new coverage on iRobot Corporation giving the company a “buy” rating. They now have a USD 42 price target on the stock.

01/04/2016 – iRobot Corporation was downgraded to “neutral” by analysts at Piper Jaffray. They now have a USD 35 price target on the stock.

12/03/2015 – iRobot Corporation had its “neutral” rating reiterated by analysts at Susquehanna. They now have a USD 34 price target on the stock.

11/10/2015 – iRobot Corporation had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 40 price target on the stock.

10/13/2015 – iRobot Corporation had its “market outperform” rating reiterated by analysts at JMP Securities. They now have a USD 45 price target on the stock.

10/01/2015 – iRobot Corporation had its “hold” rating reiterated by analysts at Oppenheimer.

09/18/2015 – iRobot Corporation was downgraded to “market perform” by analysts at Raymond James.

05/11/2015 – iRobot Corporation was upgraded to “hold” by analysts at Zacks.

05/20/2014 – Spruce Point Management began new coverage on iRobot Corporation giving the company a “strong sell” rating.

03/24/2014 – iRobot Corporation had its “fair value” rating reiterated by analysts at CRT Capital. They now have a USD 40 price target on the stock.

03/14/2014 – iRobot Corporation was upgraded to “hold” by analysts at EVA Dimensions.

02/07/2014 – iRobot Corporation was upgraded to “buy” by analysts at TheStreet.

The share price of iRobot Corporation (NASDAQ:IRBT) was up +0.25% during the last day of trading, with a day high of 46.50. 491481 shares were traded during the last session.

The stock’s 50 day moving average is 41.96 and its 200 day moving average is 38.44. The stock’s market capitalization is 1.22B. iRobot Corporation has a 52-week low of 28.02 and a 52-week high of 46.50.

iRobot Corporation is engaged in designing and building robots. The Company’s portfolio of solutions focus on technologies for the connected home and concepts in navigation, mobility, mapping and artificial intelligence. The Company operates through consumer robots segment. It designs robots for the consumer, telemedicine and mobile video collaboration markets. The Company’s brands include iRobot, Roomba, Scooba, Mint, ViPR, NorthStar, Create, iAdapt, Aware, Home Base, Looj, Braava, AeroForce, uPoint, AeroVac, Mirra and Virtual Wall. The Company offers multiple Roomba floor vacuuming robots. Its consumer products are focused on both indoor and outdoor cleaning applications. The Company focuses on behavior-based, artificially-intelligent systems developed to meet customer requirements in multiple market segments. The Company’s Braava automatic floor mopping robots are designed for hard surface floors. Its Looj Gutter Cleaning Robot cleans an entire stretch of gutter.