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Arbe Robotics (ARBE)
NASDAQ:ARBE
Arbe Robotics (ARBE) Stock Price & Analysis
160 Followers
ARBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.40 - $3.31
Previous Close$1.82
Volume28.23K
Average Volume (3M)145.96K
Market Cap
$142.36M
Enterprise Value$100.12M
Total Cash (Recent Filing)$43.99M
Total Debt (Recent Filing)$1.74M
Price to Earnings (P/E)-3.0
Beta0.82
Next Earnings
May 09, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.61
Shares Outstanding78,221,557
10 Day Avg. Volume41,088
30 Day Avg. Volume145,959
Standard Deviation0.26
R-Squared0.00069
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)3.44
Price to Sales (P/S)97.38
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue40.18
Enterprise Value/Gross Profit-2.63K
Enterprise Value/Ebitda-4.40
Forecast
1Y Price Target
$3.50Price Target Upside90.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Arbe Robotics News
Bulls Say, Bears Say
Bulls Say
Financial StabilityThe company had $44 million in cash and short-term bank deposits with no debt on the balance sheet.
Market ExpansionArbe plans to broaden its reach and support revenue growth through non-automotive applications and partnerships.
Product DevelopmentArbe is making underlying operational and technological progress with its chipset, completing its pre-production phase.
Bears Say
Financial PerformanceArbe Robotics reported revenue of $0.3M, well below the estimate, and gross margins returned to negative territory due to muted revenues and ramp of production costs.
Growth ConcernsArbe's commercial progress has been materially slower than initially expected, lacking a firm high-volume OEM win, which is seen as disappointing for future growth prospects.
Guidance And EstimatesManagement introduced guidance for 2024 revenue similar to 2023 with expectations for automotive revenue from China pushed out to 2025, prompting significant reductions in revenue estimates for the upcoming years.
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Ownership Overview
0.00%
Insiders
0.05% Mutual Funds
14.85% Other Institutional Investors
85.11% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ARBE FAQ
What was Arbe Robotics’s price range in the past 12 months?
Arbe Robotics lowest stock price was $1.40 and its highest was $3.31 in the past 12 months.
What is Arbe Robotics’s market cap?
Currently, no data Available
When is Arbe Robotics’s upcoming earnings report date?
Arbe Robotics’s upcoming earnings report date is May 09, 2024 which is in 12 days.
How were Arbe Robotics’s earnings last quarter?
Arbe Robotics released its earnings results on Mar 07, 2024. The company reported -$0.15 earnings per share for the quarter, missing the consensus estimate of -$0.128 by -$0.022.
Is Arbe Robotics overvalued?
According to Wall Street analysts Arbe Robotics’s price is currently Undervalued.
Does Arbe Robotics pay dividends?
Arbe Robotics does not currently pay dividends.
What is Arbe Robotics’s EPS estimate?
Arbe Robotics’s EPS estimate is -$0.13.
How many shares outstanding does Arbe Robotics have?
Arbe Robotics has 78,221,560 shares outstanding.
What happened to Arbe Robotics’s price movement after its last earnings report?
Arbe Robotics reported an EPS of -$0.15 in its last earnings report, missing expectations of -$0.128. Following the earnings report the stock price went down -19.588%.
Which hedge fund is a major shareholder of Arbe Robotics?
Among the largest hedge funds holding Arbe Robotics’s share is Saba Capital Management. It holds Arbe Robotics’s shares valued at 628K.
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Arbe Robotics Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$3.50 (90.22% Upside)
$3.50 (90.22% Upside)
Blogger Sentiment
Bullish
ARBE Sentiment 100%
Sector Average 69%
Sector Average 69%
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 15.3%
Last 30 Days ▲ 15.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.30%
12-Months-Change
Fundamentals
Return on Equity
-95.77%
Trailing 12-Months
Asset Growth
-17.01%
Trailing 12-Months
Company Description
Arbe Robotics
Based in Tel Aviv, Israel, Arbe is a leading radar technology company offering perception radar chipset solutions for autonomous driving. Arbe’s 4D imaging radar is designed to enable accurate and reliable sensing, supporting the complete autonomy of vehicles.
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ARBE Stock 12 Months Forecast
Average Price Target
$3.50
▲(90.22% Upside)
Technical Analysis
Best Analysts Covering ARBE
1 Year
1 Year Success Rate
2/10 ratings generated profit
1 Year Average Return
-34.57%
reiterated a buy rating 2 months ago
Copying Matthew Galinko's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -34.57% per trade.
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