IRBT Stock Recent News
IRBT LATEST HEADLINES
While solid product offerings and innovation capabilities bode well for iRobot (IRBT), decreasing robot units shipped is a major headwind.
iRobot (IRBT) expects a gross margin of 22-23% and an adjusted gross margin of 23-24% for the first quarter of 2024.
Amazon isn't buying iRobot anymore, and the latter reported losses in Q4. Q1 isn't looking more hopeful for iRobot, with continued losses and sales declines in the forecast.
Shares of iRobot Corp. initially jumped 10% then cooled in after-hours trading Wednesday after the company posted quarterly results that topped analysts' revenue and earnings estimates.
Short-squeeze opportunities tend to be rarer today than in years past. Rapid, high-frequency trading and automated management systems mean that short sellers can monitor a stock's status to step in before short squeeze conditions align.
The advancements in AI and the rapid progress in automation have led to this list of robotics stocks in 2024 for investors to consider. This transformation is not just limited to manufacturing and industrial sectors but has expanded into healthcare and even consumer goods and services.
Can iRobot survive without Amazon?
Amazon (AMZN) is ending its bid to acquire Roomba-maker iRobot (IRBT). The companies say they see "no path to regulatory approval in the European Union.
The future of iRobot Corp. IRBT, -8.77% is likely to be rocky as it faces tougher competition in the home-robotics market on its own.