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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

Implied Volatility Surging for Fitbit (FIT) Stock Options

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

    Fitbit (FIT) Q2 Loss Narrower Than Estimated, Revenues Beat

    Fitbit (FIT) reports decent second-quarter 2018 results on the back of strength in its smartwatches. However, increasing competition continues to impact its performance.

      Fitbit (FIT) Reports Q2 Loss, Tops Revenue Estimates

      Fitbit (FIT) delivered earnings and revenue surprises of 8.33% and 4.70%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

        Will Innovative Products Aid Fitbit's (FIT) Q2 Earnings?

        Fitbit's (FIT) focus on healthcare platforms might benefit its second-quarter results. However, intensifying competition in the wearables market remains a major concern.

          Zacks Industry Outlook Highlights: InTest, KeySight and Fitbit

          Zacks Industry Outlook Highlights: InTest, KeySight and Fitbit

            Electronics Measuring Instruments Outlook: Solid Demand Ahead

            The Zacks Electronics Measuring Instruments industry is benefiting from the growing proliferation of electronic devices in every major sector, namely consumer, automobile, industrial, aerospace & defense, and communications.

              Fitbit (FIT) Rides on Innovation, Rising Competition a Woe

              Fitbit's (FIT) new product launches and diversification strategy are likely to drive growth. However, increasing competition remains a concern.

                Alphabet (GOOGL) to Form JV With ResMed to Treat Sleep Apnea

                Alphabet's (GOOGL) Verily decides to set up a venture by joining forces with ResMed in order to reach patients with sleep apnea.

                  Fitbit, Inc. (FIT) Surges: Stock Moves 14.7% Higher

                  Fitbit (FIT) was a big mover last session, as the company saw its shares rise more than 14% on the day amid huge volumes.

                    Is the Options Market Predicting a Spike in Fitbit (FIT) Stock?

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

                      Apple Unveils watchOS 5, Looks to Expand in Healthcare

                      Apple's (AAPL) focus on improving penetration in health and wellness market is evident from the power-packed features of its latest watchOS 5.

                        Fitbit (FIT) Down 2% Since Earnings Report: Can It Rebound?

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

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

                          Fitbit's (FIT) first-quarter 2018 results are impacted by weak demand for its fitness products and increasing competition.

                            The Zacks Analyst Blog Highlights: Tesla, Spotify Tech, Square and Fitbit

                            The Zacks Analyst Blog Highlights: Tesla, Spotify Tech, Square and Fitbit

                              Benjamin Rains headshot

                              Fitbit (FIT) Tops Q1 Earnings & Revenue Estimates, Rough Days Still Ahead

                              Fitbit (FIT) just released its first quarter financial results, posting an adjusted loss of $0.17 per share and revenues of $247.87 million.

                                Lam Research, Fitbit, Texas Instruments, Goldman Sachs and Caterpillar highlighted as Zacks Bull and Bear of the Day

                                Lam Research, Fitbit, Texas Instruments, Goldman Sachs and Caterpillar highlighted as Zacks Bull and Bear of the Day

                                  Kevin Cook headshot

                                  Bear of the Day: Fitbit (FIT)

                                  Revenues have been flat-lined since last year's drop, but a jump-start from Google may get FIT pumping again

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

                                    Fitbit's (FIT) focus on healthcare platforms might benefit first-quarter results. However, intensifying competition in the wearables market remains a major concern.

                                      Fitbit Rating Downgraded by Morgan Stanley, Shares Fall 9.4%

                                      Fitbit's (FIT) rating has been downgraded by Morgan Stanley due to the lack of catalysts to drive the company's growth.

                                        Apple Rides on Wearables, Rumored to Launch Watch Series 4

                                        Apple (AAPL) is expected to boost its presence in the smartwatch market, with the speculated launch of Watch Series 4 this fall.

                                          Fitbit Unveils Versa to Fortify Presence in Smartwatch Market

                                          Fitbit's (FIT) new smartwatch equipped with the fitness tracking feature is likely to improve its competitiveness.

                                            Company News For Feb 28, 2018

                                            Companies In The News are: DISCA,PANW,SEAS,FIT

                                              Fitbit (FIT) Q4 Loss Greater Than Estimated, Revenues Miss

                                              Fitbit's (FIT) fourth-quarter 2017 results are impacted by weak demand for its fitness products.

                                                Tencent Holdings, SunPower and Fitbit highlighted as Zacks Bull and Bear of the Day

                                                Tencent Holdings, SunPower and Fitbit highlighted as Zacks Bull and Bear of the Day

                                                  Benjamin Rains headshot

                                                  Fitbit Stock Plummets On Q4 Earnings Miss, Poor Guidance

                                                  Fitbit, Inc. (FIT) just released its fourth-quarter and full year 2017 financial results, posting an adjusted loss of $0.02 per share and revenues of $570.8 million.