Arbe Robotics (NASDAQ:ARBE) Trading Up 3.1% - Time to Buy?

Key Points

• Shares of Arbe Robotics rose about 3.1% to $0.67 on Monday with mid-day volume ~747,838 (down ~34% from average); the stock trades below its 50‑day ($0.85) and 200‑day ($1.31) moving averages and has a market cap of $82.2M with a negative P/E.
• Analysts are mixed but leaning positive: Westpark initiated coverage with a buy and $3.50 target, Canaccord cut its target to $1.25 but kept a buy rating, and the consensus is a Moderate Buy with a $2.25 price target.
• Arbe develops high‑resolution 4D imaging radar and its own semiconductor chipset for ADAS and autonomous vehicles, and about 33.4% of shares are held by institutional investors with several recent small stakes reported.

Shares of Arbe Robotics Ltd. (NASDAQ:ARBE - Get Free Report) were up 3.1% during trading on Monday . The stock traded as high as $0.68 and last traded at $0.6705. Approximately 747,838 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 1,139,486 shares. The stock had previously closed at $0.6501.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ARBE shares. Westpark Capital started coverage on shares of Arbe Robotics in a report on Thursday, January 8th. They issued a "buy" rating and a $3.50 target price on the stock. Canaccord Genuity Group decreased their target price on shares of Arbe Robotics from $1.75 to $1.25 and set a "buy" rating on the stock in a report on Friday, February 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $2.25.

Arbe Robotics Stock Performance

The company has a market capitalization of $82.24 million, a P/E ratio of -1.64 and a beta of 0.70. The firm's fifty day moving average is $0.85 and its 200-day moving average is $1.31.

Institutional Investors Weigh In On Arbe Robotics

Several hedge funds and other institutional investors have recently made changes to their positions in ARBE. Resurgent Financial Advisors LLC bought a new stake in shares of Arbe Robotics during the 3rd quarter valued at approximately $30,000. Ashton Thomas Private Wealth LLC grew its holdings in shares of Arbe Robotics by 200.0% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 30,000 shares of the company's stock valued at $35,000 after purchasing an additional 20,000 shares during the last quarter. Invesco Ltd. bought a new stake in shares of Arbe Robotics during the 2nd quarter valued at approximately $41,000. Goldman Sachs Group Inc. bought a new stake in shares of Arbe Robotics during the 4th quarter valued at approximately $46,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Arbe Robotics during the 1st quarter valued at approximately $63,000. 33.42% of the stock is owned by institutional investors.

About Arbe Robotics

Arbe Robotics Ltd. is a technology company specializing in high-resolution 4D imaging radar solutions for the automotive industry. The company's radar platform is designed to enhance advanced driver-assistance systems (ADAS) and support the development of autonomous vehicles by providing detailed object detection, precise range and velocity measurements, and accurate environmental mapping under diverse driving conditions.

Founded in 2015 and headquartered in Tel Aviv, Israel, Arbe Robotics has developed its own semiconductor chipset and accompanying software stack.

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