On 7/15/24, iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 12.3%, closing at $10.68. Moreover, this advance was accompanied by above average trading volume at 125% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 23.8% during the last week.
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 10 and a very low Power Rating of 1, leading to the Lowest Value Trend Rating.
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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