Irobot Corp (IRBT)
$82.00 1.32 (1.64%)
17:47 EDT IRBT Stock Quote Delayed 30 Minutes
Previous Close $82.00
Market Cap 2.28B
PE Ratio 43.16
Volume (Avg. Vol.) 1.38M
Day's Range 79.08 - 83.58
52-Week Range 32.79 - 96.58
Dividend & Yield N/A (N/A)
IRBT Stock Predictions, Articles, and Irobot Corp News
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iRobot earnings (IRBT) topped expectations as revenue surged 17.7% year-over-year, helping to lift IRBT stock more than 14% after the bell.
Small-cap stocks led the recent stock market selloff, but history suggests that small caps have room to run in 2019.
We have been managing a position in the iRobot Corporation (NASDAQ:IRBT) since mid-September And the robotic vacuum-maker's stock recently jumped higher following news that the company would be working with Alphabet (GOOGL) to expand their partnership.
Tariffs are set to meaningfully impact iRobot's margins, but IRBT stock is a buy if this current sell-off persists to lower levels.
The long-term fundamentals on tech stocks remain strong, meaning that near-term weakness in the sector is a long-term opportunity.
IRBT stock is supported by a powerful long-term growth narrative, but iRobot stock has come very far, very fast, and needs to cool off before heading higher again.
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