Alert: Major Price Advance (7/25/24)-iRobot Corp (NASDAQ: IRBT).

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iRobot Corp (NASDAQ: IRBT) stock closed at $12.85 on 7/25/24 after a major increase of 11.4%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months but has risen 14.4% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, IRBT is expected to continue to be Value Creation neutral.

iRobot has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. iRobot has a very low Appreciation Score of 9 and a very low Power Rating of 1, and the Lowest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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