Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate iRobot Corp before investing.

In this article, we go over a few key elements for understanding iRobot Corp’s stock price such as:

• iRobot Corp’s current stock price and volume
• Why iRobot Corp’s stock price changed recently
• Upgrades and downgrades for IRBT from analysts
• IRBT’s stock price momentum as measured by its relative strength

About iRobot Corp (IRBT)

Before we jump into iRobot Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

iRobot Corporation is a global consumer robot company. The Company designs, builds, sells and supports durable robots through the integration of software, electronics and hardware. Its portfolio of home robots and smart home devices features technologies for the connected home and advanced concepts in cleaning, mapping and navigation, human-robot interaction and physical solutions. Its products include Roomba Combo, Roomba, Braava, Braava jet and Root. It offers the Braava family of automatic floor mopping robots, which are designed for hard-surface floors. It also sells Roomba accessories and consumables, including the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the clean base, filters, brushes and batteries. It also provides ongoing customer service and support through the iRobot HOME App. The Company offers its products through distributor and retail sales channels, as well as the online store on its Website and through its Home App.

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iRobot Corp’s Stock Price as of Market Close

As of June 10, 2024, 4:00 PM, CST, iRobot Corp’s stock price was $9.10.

iRobot Corp is down 4.51% from its previous closing price of $9.53.

During the last market session, iRobot Corp’s stock traded between $9.51 and $9.96. Currently, there are 28.17 million shares of iRobot Corp stock available for purchase.

Unfortunately, iRobot Corp’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

iRobot Corp Stock Price History

iRobot Corp’s (IRBT) price is currently down 5.31% so far this month.

During the month of June, iRobot Corp’s stock price has reached a high of $10.34 and a low of $8.95.

Over the last year, iRobot Corp has hit prices as high as $51.49 and as low as $6.48. Year to date, iRobot Corp’s stock is down 81.09%.

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What Caused iRobot Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 07, 2024, there were 2 analysts who downgraded iRobot Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate iRobot Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on iRobot Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

iRobot Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about iRobot Corp (IRBT) by visiting AAII Stock Evaluator.

Relative Price Strength of iRobot Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 07, 2024, iRobot Corp has a weighted four-quarter relative price strength of -22.85%, which translates to a Momentum Score of 15 and is considered to be Very Weak.

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iRobot Corp Stock Price: Bottom Line

As of June 10, 2024, iRobot Corp’s stock price is $9.10, which is down 4.51% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like iRobot Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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