May 13, 2020 Price forecast | 2 weeks: -0.72% | 1 month: -1.83% | 3 months: -4.72%


FIT stock forecast

Our latest prediction for Fitbit, Inc.'s stock price was made on the May 13, 2020 when the stock price was at 6.50$.

In the short term (2weeks), FIT's stock price should underperform the market by -0.72%. During that period the price should oscillate between -6.69% and +7.37%.

In the medium term (3months), FIT's stock price should underperform the market by -4.72%. During that period the price should oscillate between -23.03% and +21.60%.

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About Fitbit, Inc.

Fitbit, Inc. engages in the development of wearable device which tracks data of an individual's health. Its products include smartwatches, trackers, smart scales, and accessories. The company was founded by Eric N. Friedman and James Park in March 2007 and is headquartered in San Francisco, CA.

At the moment the company generates 1351M USD in revenues.

On its last earning announcement, the company reported a loss of -0.87$ per share.

The book value per share is 2.77$

Fitbit, Inc. website


Three months stock forecastMay 13, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
1351M 29.10% -363M -26.90% -221M -0.87 - - 263M 2.77 -171M -34M -205M