iRobot Elects New Board Members at Annual Meeting

An update from iRobot ( (IRBT) ) is now available.

On May 16, 2025, iRobot held its Annual Meeting to vote on several key proposals. Neil Goldman and Julien Mininberg were elected to the board of directors, and PricewaterhouseCoopers LLP was ratified as the company’s independent accountants for 2025. However, several amendments to the company’s certificate of incorporation, including eliminating supermajority voting standards, declassifying the board, allowing stockholders to call special meetings, and limiting officer liability, were not approved. An amendment to increase the maximum number of shares under the 2018 Plan was approved, as was the advisory proposal on executive compensation.

Spark’s Take on IRBT Stock

According to Spark, TipRanks’ AI Analyst, IRBT is a Underperform.

iRobot’s stock is under significant pressure due to severe financial instability, as reflected in negative earnings, declining revenues, and liquidity issues. Technical indicators and valuation metrics are also unfavorable, indicating a bearish outlook. The company’s strategic review and turnaround efforts are crucial, but execution risks remain high in the short term.

To see Spark’s full report on IRBT stock, click here.

More about iRobot

Average Trading Volume: 2,082,807

Technical Sentiment Signal: Strong Sell

Current Market Cap: $86.78M

For detailed information about IRBT stock, go to TipRanks’ Stock Analysis page.