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Arbe Robotics (ARBE)
NASDAQ:ARBE
Arbe Robotics (ARBE) Stock Price & Analysis
161 Followers
ARBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.40 - $3.31
Previous Close$1.66
Volume22.45K
Average Volume (3M)149.76K
Market Cap
$131.41M
Enterprise Value$87.60M
Total Cash (Recent Filing)$43.99M
Total Debt (Recent Filing)$1.74M
Price to Earnings (P/E)-2.7
Beta0.88
Next Earnings
May 22, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.61
Shares Outstanding78,221,557
10 Day Avg. Volume43,984
30 Day Avg. Volume149,763
Standard Deviation0.26
R-Squared0.00013
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)3.29
Price to Sales (P/S)88.33
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue35.15
Enterprise Value/Gross Profit-2.31K
Enterprise Value/Ebitda-3.85
Forecast
1Y Price Target
$3.50Price Target Upside108.33% 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 PotentialManagement emphasized that it remains in the RFP selection process with 12 OEMs, representing over 40% of the total passenger vehicle market.
Product DevelopmentArbe is making underlying operational and technological progress with its chipset, completing its pre-production phase.
Bears Say
Earnings GuidanceManagement introduced guidance for 2024 revenue similar to 2023, with expectations for automotive revenue from China being pushed out to 2025.
Financial PerformanceArbe Robotics reported revenue of $0.3M, well below the estimate, with gross margins in negative territory.
Operational ChallengesArbe's commercial progress has been materially slower than initially expected, and the lack of a firm high-volume OEM win at this stage is disappointing.
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Ownership Overview
0.00%
Insiders
0.05% Mutual Funds
1.80% Other Institutional Investors
98.16% 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 22, 2024 which is in 14 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 (108.33% Upside)
$3.50 (108.33% Upside)
Blogger Sentiment
Bullish
ARBE Sentiment 100%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.73%
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 Month Forecast
Average Price Target
$3.50
▲(108.33% Upside)
Technical Analysis
Best Analysts Covering ARBE
1 Year
1 Year Success Rate
1/10 ratings generated profit
1 Year Average Return
-38.28%
reiterated a buy rating 2 months ago
Copying Matthew Galinko's trades and holding each position for 1 Year would result in 10.00% of your transactions generating a profit, with an average return of -38.28% per trade.
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