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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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

NA

Industry: NA

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Zacks News

Will Fitbit's (FIT) Q4 Earnings Benefit From New Products?

Fitbit's (FIT) focus on healthcare platforms is likely to drive the upcoming fourth-quarter results. However, competition remains a major concern.

    What's in Store for Iron Mountain (IRM) in Q4 Earnings?

    Iron Mountain (IRM) fourth-quarter 2017 results are likely to be hurt by modest Service revenues due to falling activity rates.

      Fitbit Gains From Partnerships, Market Share Loss a Concern

      Fitbit's (FIT) making progress through corporate wellness front and international presence. Dipping market share remains a concern.

        FitBit Downgraded on Weak Ionic Sales, Shares Fall 7.62%

        Fitbit, Inc.'s (FIT) rating downgraded form Hold to Sell by Stifel Nicolaus due to weaker-than-expected Ionic sales and lack of catalysts to drive growth.

          Fitbit (FIT) Aids Keller Williams to Expand Wellness Program

          Fitbit's (FIT) devices are integrated with Keller Williams's wellness program.

            Fitbit (FIT) Stock Gains on Settlement of Jawbone Lawsuit

            Fitbit's (FIT) share price jumps on a litigation settlement with Jawbone.

              Apple (AAPL) Leads the Wearables Space Courtesy of Watch 3

              Apple's (AAPL) cellular Watch catapults the company to the number one spot in the wearables space per a report by Canalys.

                Ryan McQueeney headshot

                3 Tech Stocks Under $10 to Buy Now

                Today we've highlighted three stocks that fall into the broad "technology" sector. Each of these three stocks is currently trading for less than $10 per share and showing signs of being a strong buy right now!

                  Fitbit (FIT) Q3 Loss Narrower Than Expected, Revenues Top

                  Fitbit's (FIT) third-quarter 2017 results were driven by strong demand for its new products, namely Fitbit Alta HR and Ionic.

                    Will Fitbit's (FIT) Q3 Earnings Benefit from New Products?

                    Fitbit's (FIT) new products, including the recently launched smartwatch, Ionic, should drive the upcoming third-quarter results.

                      Ryan McQueeney headshot

                      Why Fitbit Is Still A Wearable Tech Contender

                      On today's episode of the Tech Talk Tuesday podcast, Ryan McQueeney discusses the recent momentum of Fitbit (FIT) and explains why the company should continue to be a force in the evolving wearable tech industry for years.

                        Ryan McQueeney headshot

                        3 Tech Stocks Under $10 to Buy Now

                        Today we've highlighted three stocks that fall into the broad "technology sector." Each of these three stocks is currently trading for less than $10 per share and holds a Zacks Rank #2 (Buy) or better.

                          Thermon Group to Buy CCI Thermal, Expects Benefits in FY19

                          Thermon Group Holdings' (THR) CCI Thermal buyout will enable it to become a leader in industrial process heating platform. The assets acquired will be accretive to earnings in fiscal 2019.

                            Ryan McQueeney headshot

                            How Much Higher Can Fitbit (FIT) Stock Climb?

                            On Wednesday, shares of Fitbit (FIT) closed more than 6.2% higher, extending the stock's current winning streak to seven consecutive trading periods. Now, as this wearable tech giant appears to be picking up some much-needed steam, investors are starting to wonder just how high Fitbit can climb.

                              3 Stocks to Gain as Internet of Things Weaves Into Our Lives

                              Companies like Cypress Semiconductor (CY), Fitbit, Inc. (FIT) and Texas Instruments Inc. (TXN) are likely to gain from the growing IoT market.

                                Zacks Market Edge Highlights: Facebook, Shake Shack, Canada Goose, Snap and Fitbit

                                Zacks Market Edge Highlights: Facebook, Shake Shack, Canada Goose, Snap and Fitbit

                                  Ryan McQueeney headshot

                                  3 Tech Stocks Under $10 to Buy Now

                                  Today we've highlighted three stocks that fall into the broad "technology sector." Each of these three stocks is currently trading for less than $10 per share and holds a Zacks Rank #2 (Buy) or better.

                                    Megan Sanks headshot

                                    Apple in Talks with Aetna to Bring Apple Watch to Millions of Customers

                                    Apple (AAPL) and insurance company Aetna (AET) held a series of talks last week to discuss terms of giving the Apple Watch for free or at a discounted rate to Aetna's 23 million customers.

                                      Madeleine Johnson headshot

                                      Fossil (FOSL) Disappoints Again: Will the Watchmaker Survive Retail Glut?

                                      On Wednesday, shares of Fossil Group Inc. (FOSL) are tanking, down about 20% in late-morning trading after the accessories retailer reported another earnings report that disappointing analysts and investors.

                                        Tirthankar Chakraborty headshot

                                        Company News For August 04, 2017

                                        Companies in the news are: AIG,K,FIT,AET

                                          Fitbit (FIT) Q2 Loss Narrower than Estimated, Revenues Top

                                          Fitbit's (FIT) second-quarter 2017 results were driven by strong demand for connected health and fitness trackers and special edition devices.

                                            Megan Sanks headshot

                                            Fitbit (FIT) Beats Q2 Earnings Estimates, Sold 3.4 Million Devices

                                            Fitbit, Inc. (FIT) just released its second quarter fiscal 2017 earnings results, posting earnings of a loss of $0.18 per share and revenue of $353.3 million.

                                              Fitbit (FIT) to Report Q2 Earnings: What's in the Cards?

                                              Increasing competition and slow growth in the Asia Pacific region could impact Fitbit's (FIT) Q2 results. New Products might help to some extent.

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

                                                Options Traders are betting on a big move in Fitbit, Inc. (FIT) Stock on the back of its high level of implied volatility.

                                                  Fitbit Falls Behind Apple & Xiaomi in Wearables Shipments

                                                  Fitbit, Inc. (FIT) loses ground to Apple and Xiaomi.