TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
iRobot ( (IRBT) ) has provided an update.
On November 24, 2025, Santrum Hong Kong Co., Limited, a subsidiary of Shenzhen PICEA Robotics Co., Ltd., acquired all rights and interests under a Credit Agreement from affiliates of The Carlyle Group, assuming $190.7 million in outstanding principal and interest. This acquisition impacts iRobot Corporation, which owes Picea $161.5 million for manufacturing, with $90.9 million past due. The company is in active discussions with Picea to resolve non-payment issues and is also reviewing strategic alternatives, including potential sales or transactions, amidst financial difficulties that could lead to bankruptcy. The waiver of covenant obligations has been extended until January 15, 2026, but the company’s financial condition remains precarious, with significant risks of default and potential bankruptcy proceedings that could result in no recovery for stockholders.
The most recent analyst rating on (IRBT) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on iRobot stock, see the IRBT Stock Forecast page.
Spark’s Take on IRBT Stock
According to Spark, TipRanks’ AI Analyst, IRBT is a Underperform.
iRobot’s overall stock score is primarily impacted by its poor financial performance and concerning valuation metrics. The technical analysis also indicates bearish momentum, further weighing down the score. The absence of earnings call insights and corporate events leaves the financial and technical aspects as the primary drivers of the stock’s current outlook.
To see Spark’s full report on IRBT stock, click here.
More about iRobot
Average Trading Volume: 3,033,916
Technical Sentiment Signal: Strong Sell
Current Market Cap: $50.29M
See more data about IRBT stock on TipRanks’ Stock Analysis page.