iRobot (IRBT) Stock Research Report

August 8th, 2021

Quick Stock Overview

Ticker: IRBT

Source: www.stockrover.com

Key Data

Sector: Technology

Sales ($M): 1,541

Industry: Consumer electronics

Net Cash per share: 15.42

Market Capitalization ($M): 2,503

Equity per share: $29.33

Employees: 1,267

Debt / Equity: 0.1

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Investment Thesis

The Rising Tide of Automation

One big investment theme of the 2020s will be automation. There is no shortage of sensational headlines about the marvels or devastation that robots and automation will bring to the world economy. Millions labor jobs have already been decimated by robots, and millions more will be replaced in the future.

Source: www.cnbc.com

Source: www.forbes.com

But really, any discussion about automation in any form could do. It can be autonomous cars taking jobs from tens of millions of trucks, taxi and Uber drivers. From people-less factory, (like this in this pretty amazing compilation of videos),automation of clerical tasks in offices, or cashier-less supermarkets, it seems not one job category is safe from the imminent army of robots coming to destroy jobs.

This topic will usually drift to the political, with discussions about capitalism, tech monopolies, Universal Basic Income (UBI), and so on. Everyone will have an opinion, debate heatedly and no one will agree at the end.

All in all, this is a topic where someone can choose to be enthusiastic or pessimistic, but it’s always controversial. And not very fun to think about.

Or is it?