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Fitbit, Inc. (FIT)

(Delayed Data from NYSE)

$5.09 USD

5.09
8,501,978

+0.13 (2.62%)

Updated May 3, 2019 04:03 PM ET

After-Market: $5.09 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

Fitbit (FIT) Q1 Loss Narrower Than Estimated, Revenues Beat

by Zacks Equity Research

Fitbit (FIT) reports strong first-quarter revenues on the back of strength in smartwatches and trackers.

Fitbit (FIT) Reports Q1 Loss, Tops Revenue Estimates

by Zacks Equity Research

Fitbit (FIT) delivered earnings and revenue surprises of 31.82% and 4.62%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Mark Vickery headshot

Qualcomm (QCOM) Beats, Traders Sell the News

by Mark Vickery

Qualcomm indicated an expected gain from the IP deal with Apple in its fiscal Q3 of $4.5-4.7 billion, indicated to be a GAAP payment.

Benjamin Rains headshot

Bear of the Day: Weight Watchers (WW)

by Benjamin Rains

Shares of Weight Watchers International, Inc. (WW) have tumbled over 50% in 2019, driven by lowered 2019 earnings and sales guidance. Despite the massive selloff, it appears that Weight Watchers could be headed for a continued downturn even as it tries everything it can to excite investors heading into Q1 earnings.

Apple (AAPL) Q2 Earnings to Benefit From Non-iPhone Segments

by Zacks Equity Research

Apple's (AAPL) fiscal second-quarter results are expected to be hurt by lower iPhone sales, thereby putting the onus on the Services and Wearables to perform.

Will Strong Competition Hurt Fitbit's (FIT) Earnings in Q1?

by Zacks Equity Research

Fitbit's (FIT) focus on innovation, including new smartwatches, is likely to benefit first-quarter results. However, intensifying competition in the wearables market remains a major concern.

Benjamin Rains headshot

3 "Internet of Things" Stocks to Buy Right Now

by Benjamin Rains

So today we've highlighted three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon.

Earnings Preview: Fitbit (FIT) Q1 Earnings Expected to Decline

by Zacks Equity Research

Fitbit (FIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Electronics - Measuring Instruments Industry Outlook Appears Dim

by Zacks Equity Research

Trade tensions & rapidly changing technologies are likely to limit growth prospects in the Electronics ??? Measuring Instruments industry despite growing demand for its products in several end-markets.

Aniruddha Ganguly headshot

Snap Likely to Lose Users in 2019: Should Facebook Rejoice?

by Aniruddha Ganguly

Per eMarketer, Snap (SNAP) will likely lose U.S.-based users in 2019, which spells good times for Facebook.

Fitbit (FIT), Snap Team Up to Bring Bitmojis to Smartwatch

by Zacks Equity Research

Fitbit (FIT) partners Snap to provide users with enhanced Bitmoji experience in their smartwatches.

Fitbit (FIT) Down 1% Since Last Earnings Report: Can It Rebound?

by Zacks Equity Research

Fitbit (FIT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Apple Brings Watch With ECG App & AFiB Feature to Europe

by Zacks Equity Research

Apple (AAPL) starts rolling out watchOS 5.2 update in its Apple Watch 4 along with the inclusion of electrocardiogram (ECG) app and irregular heartbeat detection features.

Garmin to Gain Traction Among Golfers with Approach S40 Watch

by Zacks Equity Research

Garmin's (GRMN) presence in the wearable and smartwatch market continues to strengthen with its expanding smartwatch portfolio, which is evident from the latest launch of Approach S40.

Are Options Traders Betting on a Big Move in Fitbit (FIT) Stock?

by Zacks Equity Research

Investors need to pay close attention to Fitbit (FIT) stock based on the movements in the options market lately.

Benjamin Rains headshot

3 "Internet of Things" Stocks to Buy Right Now

by Benjamin Rains

Today we've found three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon.

Apple (AAPL) Watch Can Detect Irregular Heartbeat Per Study

by Zacks Equity Research

Apple (AAPL) Watch, which can detect irregular heart pulses in users, stands as the first consumer device to offer this feature.

Garmin's Arm Unveils New Smartwatches, Expands Portfolio

by Zacks Equity Research

Garmin (GRMN) has been making significant investments in varied businesses, which help it develop a solid product line.

Fitbit (FIT) Partners With Solera Health to Reduce Diabetes

by Zacks Equity Research

Fitbit (FIT) expands partnership with Solera Health in a bid to expand its share in the healthcare market.

Fitbit Unveils Low-Cost Fitness Wearables to Curb Competition

by Zacks Equity Research

Fitbit (FIT) releases new fitness wearables in a bid to combat competition and expand its share in the smartwatch market.

Fitbit (FIT) Surpasses Earnings and Revenue Estimates in Q4

by Zacks Equity Research

Fitbit (FIT) reports impressive fourth-quarter 2018 results on the back of strength in its smartwatches and trackers.

Tracey Ryniec headshot

Bear of the Day: Fossil (FOSL)

by Tracey Ryniec

The Street is doubting this watch maker's turnaround plan.

Benjamin Rains headshot

3 "Internet of Things" Stocks to Buy Right Now

by Benjamin Rains

Today we've found three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon.

Will Smartwatch Sales Aid Fitbit's (FIT) Earnings in Q4?

by Zacks Equity Research

Fitbit's (FIT) focus on innovation, including new smartwatches, are likely to benefit fourth-quarter results. However, intensifying competition in the wearables market remains a major concern.

Fitbit (FIT) Reports Next Week: Wall Street Expects Earnings Growth

by Zacks Equity Research

Fitbit (FIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.