Arbe Robotics Ltd (NASDAQ:ARBE) does about 1.84M shares in volume on a normal day but saw 1231583 shares change hands in the recent trading day. The company now has a market cap of 175.62M USD. Its current market price is $1.67, marking a decrease of -5.65% compared to the previous close of $1.77. The 52 week high reached by this stock is $5.09 whilst the lowest price level in 52 weeks is $0.85.
The consensus objective for the share price is $2.38, suggesting that the stock has a potential upside of 29.83% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 01, 2025 when Canaccord Genuity initiated the stock to “Buy” and issued a price target of $1.75. Maxim Group reiterated its price target at $4-$3.
The current price level is 1.95%, 21.71%, and -9.53% away from its SMA20, SMA50, and SMA200 respectively, with the ARBE price moving below the 50-day SMA on current market day. Arbe Robotics Ltd (ARBE) stock is down -2.91% over the week and 13.61% over the past month. Its price is -10.22% year-to-date and -6.70% over the past year.
To reach the target analysts have set, the stock logically needs to grow 29.83 percent from here.
Outstanding shares total 105.16M with insiders holding 12.87% of the shares and institutional holders owning 38.69% of the company’s common stock. The company has a return on investment of -75.02% and return on equity of -101.60%. The beta has a value of 0.42. Price to book ratio is 2.67 and price to sales ratio is 262.12.
