Fitbit (FIT) Stock Price, News & Analysis

Company Overview

Fitbit, Inc., a technology company, provides health solutions in the United States and internationally. The company offers a line of devices, including Fitbit Charge 3, Fitbit Inspire, Fitbit Inspire HR, and Fitbit Ace 2 activity trackers; Fitbit Ionic and Fitbit Versa family of smartwatches, as well as Fitbit Flyer wireless headphones and the Fitbit Aria family of connected scales; and accessories, such as bands and frames for its devices. It also offers Fitbit online dashboard and mobile apps that sync automatically with and display real-time data from its wearable devices; and Fitbit Care, a connected health platform for health plans, employers, and health systems. In addition, the company provides Fitbit Premium, a paid subscription service that uses the data of users to deliver actionable guidance and coaching to help users achieve their health and fitness goals, as well as includes Fitbit Coach that offers exercise programs through personal trainer and yoga apps. It sells its products through consumer electronics and specialty, e-commerce, mass merchant, department store, club, and sporting goods and outdoors retailers; wireless carriers; distributors; and Fitbit.com, an online store, as well as directly to consumers. Fitbit, Inc. has a collaboration with The Scripps Research Institute and Stanford Medicine to study the role of wearables to detect, track, and contain infectious diseases, such as COVID-19.; and partnership with Solera Health to reduce risk of type 2 diabetes. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Key Stats

• Today's Range: $6.93 to $6.93
• 50-Day Range: $6.78 to $7.06
• 52-Week Range: $5.85 to $7.34
• Volume: 1,751 shs
• Average Volume: N/A
• Market Capitalization: $1.70 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FIT Stock Analysis - Frequently Asked Questions

How were Fitbit's earnings last quarter?

Fitbit, Inc. (NYSE:FIT) posted its quarterly earnings data on Wednesday, August, 5th. The scientific and technical instruments company reported ($0.12) EPS for the quarter, beating analysts' consensus estimates of ($0.23) by $0.11. The scientific and technical instruments company earned $261.27 million during the quarter, compared to the consensus estimate of $203.85 million.

When did Fitbit IPO?

Fitbit (FIT) raised $448 million in an initial public offering (IPO) on Thursday, June 18th 2015. The company issued 29,900,000 shares at $14.00-$16.00 per share. Morgan Stanley, Deutsche Bank Securities and BofAMerrill Lynch served as the underwriters for the IPO and Barclays, SunTrust Robinson Humphrey, Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

What other stocks do shareholders of Fitbit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fitbit investors own include PayPal (PYPL), Meta Platforms (META), Tesla (TSLA), Netflix (NFLX), NVIDIA (NVDA), General Electric (GE) and Actinium Pharmaceuticals (ATNM).

Company Calendar

• Last Earnings: 8/05/2020
• Today: 4/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Electronic Computers
• Sub-Industry: N/A
• Current Symbol: NYSE:FIT
• CIK: 1447599
• Web: www.fitbit.com
• Phone: 415-513-1000
• Fax: N/A
• Employees: 1,684
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.43 billion
• Price / Sales: 1.18
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.13 per share
• Price / Book: 3.25

Miscellaneous

• Outstanding Shares: 244,870,000
• Free Float: 199,323,000
• Market Cap: $1.70 billion
• Optionable: Optionable
• Beta: N/A