iRobot Corp (IRBT) Price

Mr. Gary Cohen is the Chief Executive Officer of iRobot Corp, joining the firm since 2024.

The current price of IRBT is $4.36, it has decreased 1.35% in the last trading day.

iRobot Corp belongs to Consumer products industry and the sector is Consumer Discretionary

iRobot Corp's current market cap is $136.7M

According to wall street analysts, 3 analysts have made analyst ratings for iRobot Corp, including 0 strong buy, 0 buy, 3 hold, 1 sell, and 0 strong sell

Looks like iRobot's Roomba isn't the only thing getting cleaned out today, anon. IRBT is dropping because its recent rally ran out of steam, hitting a technical wall without any positive news to back it up. The stock is now succumbing to overwhelmingly bearish analyst sentiment and a weak fundamental outlook.

iRobot Corp (IRBT) is trading down approximately 5.8% today, continuing a pullback that began after a sharp rally on September 11th. There is no specific company news driving this move, which points to a technically driven correction fueled by poor underlying sentiment.

Here's the breakdown of what's happening:

• Technical Rejection & Momentum Shift: The stock saw a significant price increase on September 11, reaching a high of $3.71, but it failed to hold these gains and closed lower the next day. This failure to sustain upward momentum is a classic sign of weakness. On the hourly chart, the price has fallen below its 20-period and 50-period moving averages, and the MACD indicator shows a bearish crossover, signaling downward momentum.
• Bearish Analyst Consensus: The sentiment from market analysts is overwhelmingly negative. For September, the consensus is a "SELL," with two "Strong Sell," one "Sell," and three "Hold" ratings. There are zero "Buy" recommendations. This bearish wall of opinion makes it difficult for any rally to find support.
• Weak Fundamentals: The company's financial health is a major concern. Earnings estimates for the upcoming quarter (Q3 2025) are negative at -$0.663 per share, and this follows a long trend of negative EPS estimates for many prior quarters. The next earnings report on November 3rd will be a key event to watch.
• Key Levels to Watch: The stock is currently trading between a distant daily support level at $1.76 and the next major resistance at $4.57. The recent rally failed well below this resistance, indicating sellers are still in control.

The current move is a textbook example of a stock with poor fundamentals attempting a relief rally, only to be smacked down by the market's bearish reality. The analyst price target of $11.22 seems completely disconnected from the current price action and sentiment, so take that with a huge grain of salt.

Basically, the stock tried to pump on air and is now coming back to earth. Don't be the one holding the bag when the music stops.