Arbe Robotics Ltd (NASDAQ:ARBE) does about 2.16M shares in volume on a normal day but saw 1050467 shares change hands in the recent trading day. The company now has a market cap of 180.88M USD. Its current market price is $1.72, marking an increase of 1.78% compared to the previous close of $1.69. 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 27.73% 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 9.87%, 30.15%, and -7.22% 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 1.18% over the week and 21.99% over the past month. Its price is -7.53% year-to-date and -8.51% 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 27.73 percent from here.
Outstanding shares total 105.16M with insiders holding 12.87% of the shares and institutional holders owning 38.48% 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 2.75 and price to sales ratio is 269.98.
