smartwatch

Fitbit Inc (NYSE: FIT) reported second-quarter results highlighted by a poor performance of the Versa Lite. Management also lowered full-year guidance and provided a disappointing outlook to the third quarter. The stock plummeted more than 20% Thursday morning, hitting an all-time low of $3.27 per...

Fitness tracker and smartwatch maker Fitbit Inc (NYSE: FIT) swung back to a profit in the fourth quarter, but guidance for 2019 disappointed some investors. The report was compelling enough for one research firm to turn bullish, but another continues to recommend investors stick to the sidelines...

Alphabet Inc. (NASDAQ: GOOG)(NASDAQ: GOOGL)'s Google unit said Thursday it's buying about $40 million worth of smartwatch technology from watch maker Fossil Group Inc. (NASDAQ: FOSL), which is throwing in the R&D employees who developed it as part of the deal. What We Know While...

Fitness tracker and smart watch maker Fitbit Inc (NYSE: FIT) reported a return to profit in its third-quarter print Wednesday. The Analysts Wedbush's Michael Pachter maintains an Outperform rating on Fitbit with an unchanged $6.50 price target. William Blair's Jeffrey Garro maintains...

Fitbit Inc (NYSE: FIT) reported a second-quarter earnings beat Wednesday afternoon, but the "real test" for the maker of fitness trackers and watchers is still ahead, according to Bank of America Merrill Lynch.  The Analyst Analyst Ryan Goodman maintained an...

President Donald Trump recently announced plans to impose tariffs on $200 billion in goods imported from China. The decision could affect products from Fitbit, Inc (NYSE: FIT), as well as other smartwatch manufacturers. What Happened The tariffs could have direct ramifications on certain popular...

Fitbit Inc (NYSE: FIT) priced its June 2015 initial public offering at $20 per share and early investors were rewarded with the stock's move higher to $50 per share in August. Nearly three years later, however, the narrative has changed. The Analyst Morgan Stanley's Yuuji Anderson...

Time is up for Apple Inc. (NASDAQ: AAPL) and Garmin Ltd. (NASDAQ: GRMN)’s reign over the smartwatch market. Fitbit Inc (NYSE: FIT)’s new Versa and Ace are expected to begin poaching share when they hit shelves this spring. Fitbit’s Latest Play Fitbit’s waterproof Versa is...

Fitbit Inc (NYSE: FIT)'s fourth-quarter report Monday certainly disappointed investors, based on the double-digit percentage decline in the stock. But a bearish case isn't called for just yet, according to Morgan Stanley. The Analyst Morgan Stanley's Yuuji Anderson maintains an...

Shares of Fitbit Inc (NYSE: FIT) have lost more than 13 percent over the past year and are down nearly 85 percent since its 2015 initial public offering. While the company isn't out of the woods just yet, at least one analyst no longer sees the bearish case for the stock moving forward. The...

To celebrate the launch of Fitbit Inc (NYSE: FIT)'s first ever smartwatch (as opposed to a fitness tracker), the company is partnering with the streaming music provider Pandora Media Inc (NYSE: P). As part of the new agreement, Pandora will serve as the exclusive music streaming provider for Fitbit...

At first glance, Fitbit Inc (NYSE: FIT) new partnership with the NBA's Minnesota Timberwolves sounds like a positive development that could help the struggling stock that has already lost 30 percent since the start of the year. The Deal As part of an agreement with the Timberwolves, Fitbit would...

Baird Equity Research maintains its Neutral rating on Fitbit Inc (NYSE: FIT) Thursday, one day after the wearable device maker reported first-quarter earnings that exceeded expectations. Baird said quarterly earnings were solid, but uncertainty over the timing of its plans to release a smartwatch...

BMO Capital Markets said in a note on Friday Michael Kors Holdings Ltd (NYSE: KORS) smartwatch technology could be an avenue for growth for the company. The company, the No. 2 player in the smartwatch category, is seeing this category growing at an impressive clip, with demand outstripping...