iRobot Corporation Stock News

Roomba® Max 705 Vac Provides 180x more suction power and 75 days of hands-free cleaning BEDFORD, Mass. , April 23, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced the availability of the Roomba® Max 705 Vac Robot + AutoEmpty™ Dock in North America and select European markets.

Investors can contact the law firm at no cost to learn more about recovering their losses

BEDFORD, Mass. , March 21, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the company's newly-hired Senior Vice President and General Counsel, Kevin Lanouette.

iRobot, the firm behind the well-known Roomba vacuums, has issued a warning of “substantial doubt" about the future of the company.

iRobot (IRBT -35.66%) stock has fallen 35% after the company issued a "going concern" warning, raising doubts about its ability to stay in business over the next year.

The loss-making company was once valued at $3.56 billion in 2021, driven by pandemic-fueled demand. It is now worth less than $200 million.

Roomba vacuum cleaner maker iRobot , a former $1.4 billion buyout target of Amazon.com , raised concerns on Wednesday about its ability to stay in business.

Shares of iRobot plunged more than 30% on Wednesday after the Roomba maker said there's "substantial doubt" about its ability to stay in business. The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.