Arbe Robotics (NASDAQ:ARBE - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, May 20th. Analysts expect Arbe Robotics to post earnings of ($0.08) per share and revenue of $0.10 million for the quarter. Arbe Robotics has set its FY 2025 guidance at EPS.
Arbe Robotics (NASDAQ:ARBE - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.01). Arbe Robotics had a negative return on equity of 102.87% and a negative net margin of 4,567.91%. The business had revenue of $0.10 million during the quarter, compared to the consensus estimate of $0.40 million. During the same period last year, the business posted ($0.07) earnings per share. On average, analysts expect Arbe Robotics to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Arbe Robotics Stock Performance
Shares of ARBE stock traded up $0.29 during mid-day trading on Friday, hitting $1.77. The company's stock had a trading volume of 4,103,889 shares, compared to its average volume of 2,853,721. The company's fifty day simple moving average is $1.23 and its 200-day simple moving average is $1.84. Arbe Robotics has a 52 week low of $0.85 and a 52 week high of $5.09. The company has a market cap of $159.47 million, a PE ratio of -2.39 and a beta of 0.30.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on ARBE. Canaccord Genuity Group began coverage on Arbe Robotics in a research report on Tuesday, April 1st. They issued a "buy" rating and a $1.75 price objective for the company. Maxim Group lowered Arbe Robotics from a "buy" rating to a "hold" rating in a research report on Thursday, March 6th.
Read Our Latest Analysis on ARBE
Institutional Trading of Arbe Robotics
A hedge fund recently bought a new stake in Arbe Robotics stock. Cubist Systematic Strategies LLC bought a new stake in Arbe Robotics Ltd. (NASDAQ:ARBE - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 61,383 shares of the company's stock, valued at approximately $63,000. Cubist Systematic Strategies LLC owned 0.07% of Arbe Robotics at the end of the most recent reporting period. Institutional investors own 33.42% of the company's stock.
About Arbe Robotics
(
Get Free Report)
Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.
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