Arbe Robotics Ltd (NASDAQ:ARBE) does about 2.22M shares in volume on a normal day but saw 2240124 shares change hands in the recent trading day. The company now has a market cap of 178.78M USD. Its current market price is $1.70, marking an increase of 9.68% compared to the previous close of $1.55. 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 28.57% 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 14.52%, 32.39%, and -8.71% 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 up 4.29% over the week and 25.00% over the past month. Its price is -8.60% year-to-date and 0.59% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.08 and -0.32 for whole year. Expected sales for next quarter are $642.67k, which analysts say will come at $2.9M for the current fiscal year and next year at $13.62M. In addition, estimates put the company’s current quarterly revenue at an average of $173.33k.
To reach the target analysts have set, the stock logically needs to grow 28.57 percent from here.
Outstanding shares total 105.16M with insiders holding 12.87% of the shares and institutional holders owning 38.08% 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 0.44. Price to book ratio is 2.72 and price to sales ratio is 266.84.
