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Amazon Pursued Roomba's Parent Once, But Now The Company's Robot Vacuums Face Heat From Chinese Rivals With AI-Powered Arms
Monday, March 17, 2025 - 1:09am | 605Once a potential acquisition target for Amazon.com, Inc. (NASDAQ:AMZN), iRobot Corp (NASDAQ:IRBT) — the maker of Roomba — is now playing catch-up to hold its ground against Chinese competitors. What Happened: iRobot, the company behind the iconic Roomba vacuum, is facing mounting pressure from...
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What's Going On With iRobot Stock?
Thursday, April 4, 2024 - 4:32pm | 407iRobot Corporation (NASDAQ:IRBT) shares are trading higher Thursday after the company introduced the Roomba Combo Essential robot vacuum and mop. The Details: iRobot said its Roomba Combo Essential is priced at $274.99 and improves on the Roomba 600 Series with an added mopping function and...
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Amazon's iRobot Deal Is Now Facing Tough Antitrust Review By Federal Trade Commission
Sunday, September 4, 2022 - 3:18pm | 418The U.S. Federal Trade Commission (FTC), led by Chair Lina Khan, has started scrutinizing Amazon.com, Inc's (NASDAQ: AMZN) $1.7 billion deal to buy Roomba vacuum maker iRobot Corporation (NASDAQ: IRBT). In August, Amazon announced its all-cash deal of $61 per share to acquire iRobot....
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Mop Or Map? How Amazon Has Struck 'Digital Gold' In Smart Homes With iRobot Buy
Monday, August 8, 2022 - 6:18am | 539There is more to Amazon.com, Inc’s (NASDAQ: AMZN) acquisition of Roomba-maker iRobot Corporation (NASDAQ: IRBT) in a $1.7 billion deal than meets the eye. What Happened: The robot vacuum cleaner company reportedly has reserves of knowledge about floor...
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iRobot CEO On Price Action After Earnings, Future Demand, Tariffs
Wednesday, October 21, 2020 - 4:43pm | 285On CNBC’s “Closing Bell,” iRobot (NASDAQ: IRBT) CEO Colin Angle said the price action following third-quarter earnings on Tuesday is a little disappointing. He believes the company executed well and said they're looking at a very strong fourth quarter. He said the negative...
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iRobot Option Traders Betting Holiday Rebound Continues
Thursday, December 12, 2019 - 2:55pm | 758iRobot Corporation (NASDAQ: IRBT) shares traded higher by 4.2% on Thursday but are still down 42.2% year to date heading into the final weeks of 2019. Despite the 2019 weakness, several large option traders have made bullish bets on a year-end rally for iRobot. The Trades This week, Benzinga Pro...
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Canaccord Downgrades iRobot After Rally, Says Robot Lawnmower, Tariffs Are Risks
Tuesday, February 19, 2019 - 1:11pm | 427Roomba maker iRobot Corporation (NASDAQ: IRBT) stock was downgraded by Cannacord Genuity following a run-up in price that may have the stock overvalued amid concerns about tariffs and the marketing of a new robotic lawn mower. The Analyst Cannacord Genuity’s Jed Dorsheimer downgraded iRobot...
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Tariff-Driven Pullback In iRobot Overdone, Needham Says In Upgrade
Wednesday, October 24, 2018 - 3:46pm | 499Shares of iRobot Corporation (NASDAQ: IRBT) are reeling after the company announced it will see a negative tariff impact of around $5 million in the fourth quarter. The Analyst Needham analyst James Ricchuti upgraded iRobot from Hold to Buy and set a $95 price target. The...
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Why This Analyst Cut iRobot's Price Target By $30
Thursday, October 26, 2017 - 9:53am | 329Analysts at Canaccord Genuity turned incrementally bearish on iRobot Corporation (NASDAQ: IRBT) after the company reported its third-quarter results. The firm's Bobby Burleson maintains a Hold rating on iRobot's stock with a price target slashed from $95 to $65, which implies zero upside potential...
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What Does Your Living Room Say About You? Roomba Wants To Tell Advertisers
Friday, July 28, 2017 - 8:51am | 729IRobot Corporation (NASDAQ: IRBT) shares had a strong run Wednesday following the release of its quarterly results and an announcement concerning the purchase of European distributor Robopolis. Specialist In Spatial Data Gathering Aside from the news, the company's flagship 900-series Roomba...
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A Market-Leading Robotics IoT Play: iRobot
Wednesday, February 10, 2016 - 9:42am | 344Shares of iRobot Corporation (NASDAQ: IRBT) have appreciated 14.15 percent over the past six months, rising almost to their 52-week high on December 17 of $36.95 Chardan Capital’s Marc Estigarribia has initiated coverage of the company with a Buy rating and price target of $42....
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Robots Take To The Garden
Thursday, August 13, 2015 - 2:30pm | 310iRobot Corp Inc. made its name by manufacturing a robot vacuum called Roomba which automated a tedious chore for thousands of households. The company is at it again, using robotics to design a self-driving lawn mower that trims a user's lawn without requiring any type of supervision. The...
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Will Apple Deploy Robot-Led Indoor Mapping?
Friday, May 22, 2015 - 9:44am | 3049to5 Mac, a popular blog that covers Apple Inc. (NASDAQ: AAPL) news and rumors reported on Thursday that the company is making headway on its indoor mapping project. According to 9to5 Mac, Apple will update its iOS Maps to help users navigate major buildings, offices and landmarks. The feature...