Analysts Expect a Rise of 26% in Fitbit Inc (FIT) Stock

 

Fitbit Inc (FIT) stock is lower by -7.64% over the last 12 months, and the average rating from Wall Street analysts is a Hold. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives FIT stock an overall score of 20 out of a possible 100.

That score is mainly influenced by a short-term technical score of 10. FIT’s score also includes a fundamental score of 18. In addition to the average rating from Wall Street analysts, FIT stock has a mean target price of $6.43. This means analysts expect the stock to climb 26.57% over the next 12 months. The long-term technical score for FIT is 31.

Click Here to get the full Stock Score Report on Fitbit Inc (FIT).

What’s Happening with FIT Stock Today

Fitbit Inc (FIT) stock has fallen -5.4% while the S&P 500 is lower by -0.46% as of 12:02 PM on Thursday, May 2. FIT is lower by -$0.29 from the previous closing price of $5.37 on volume of 8,163,304 shares. Over the past year the S&P 500 is higher by 9.63% while FIT is lower by -7.64%. FIT lost -$0.75 per share in the over the last 12 months.

Symbols: FIT

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