How much is fitbit stock worth
WebFitbit was a single product hardware company. Single product hardware companies struggle to make profits because hardware is a low-margin business. That’s why WallStreet tends to undervalue hardware companies, even ones that make a lot of money. WebThe target price for Fitbit stock is $7.35 based on the average of what a group of analyst think Fitbit stock could be worth at a future date. This is not a prediction by Public.com
How much is fitbit stock worth
Did you know?
WebDec 6, 2024 · At a discount rate of 9%-11% (as shown above), FIT stock is worth around $6.03 per share. With Fitbit stock trading below that level, investors should take a serious … WebMay 7, 2015 · In the first three months of 2015, Fitbit said it generated $336.8 million in revenue, with net income of $48 million and adjusted EBITDA of $93.4 million. The devices are really selling well.
WebJun 25, 2015 · Fitbit priced its initial public offering (IPO) at $20 a share on Wednesday night, up from the expected range of $17 to $19 a share. That means Wall Street thinks Fitbit is worth $4.1... WebMay 26, 2024 · Since Fitbit stock is trading very close to the stock’s all-time low of $4.33 per share, it may present a buying opportunity for long-term investors. The stock’s fair price with respect to ...
WebMay 26, 2024 · FIT Stock may be undervalued: According to some stock analysts, with present and forward earnings improving at the current rate, FIT stock should currently have a value of $6 per share. Therefore... WebAug 25, 2024 · Lowest Pricein this set of products. AWINNER Cable Compatible with Fitbit Versa3/Sense,Replacement USB Charger Adapter Charge Cord Smart Watch Charging Dock. 4.4 out of 5 stars. 1,184. $6.90. $6.90. [2-Pack] Charger Cable Compatible with Fitbit Sense/Fitbit Versa 3, Replacement USB Charging Cradle Dock Stand Cable for Smart …
WebNov 8, 2024 · Google just paid $2.1 billion dollars for 28 million Fitbit users, so in the context of that deal, a fitness user is worth around $75 dollars to Google. Last year, Netflix was buying new viewers is for around $100 a pop. Shortly after its IPO, Blue Apron was paying over $400 for a new user (!).
green community group australiaWebMar 18, 2024 · Fitbit stock (NYSE: NYSE: FIT) surged in the first part of this year, up to touch $7 the day before its fourth quarter release. It was a wild rally (almost +50% in just two months!) started during ... flow tagWebApr 11, 2024 · Over just six years, Fitbit’s revenue increased from five million U.S. dollars in 2010 to more than two billion U.S. dollars in 2016. Soon after, Fitbit experienced a period of declining... flow taglineWebJun 25, 2015 · Fitbit priced its initial public offering (IPO) at $20 a share on Wednesday night, up from the expected range of $17 to $19 a share. That means Wall Street thinks … flowtail kiteWebApr 12, 2024 · As for the aesthetic of the Fitbit Charge 5, although it's a sporty-looking accessory, the design is slim, subtle and more elegant compared to other Fitbit models – … green community healthWebApr 15, 2024 · If shares can hurdle $6 and the 50-day moving average at $6.12, they could fill the gap north of $6.75. Below uptrend support and the March lows, and FIT stock may decline to $5.40 before finding ... flowtaglayoutWebApr 12, 2024 · As for the aesthetic of the Fitbit Charge 5, although it's a sporty-looking accessory, the design is slim, subtle and more elegant compared to other Fitbit models – in fact, one way it differs from the Charge 4 is that it's 10% slimmer by way of design. Another new addition to the Charge 5 is its colour screen, which is a lot more fun and ... green community group