Alarm.com (ALRM) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alarm.com in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALRM shares.
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5 brokers have issued 12 month price objectives for Alarm.com's shares. Their ALRM share price forecasts range from $54.00 to $70.00. On average, they anticipate the company's share price to reach $63.50 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price.
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Alarm.com's stock was trading at $49.48 at the beginning of 2023. Since then, ALRM shares have increased by 3.3% and is now trading at $51.10.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our ALRM earnings forecast.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) released its quarterly earnings results on Wednesday, May, 10th. The software maker reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.14. The software maker had revenue of $209.72 million for the quarter, compared to analyst estimates of $207.28 million. Alarm.com had a net margin of 7.28% and a trailing twelve-month return on equity of 11.00%.

ETFs with the largest weight of Alarm.com (NASDAQ:ALRM) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Motley Fool Mid-Cap Growth ETF (TMFM), SPDR S&P Kensho Intelligent Structures ETF (SIMS), iShares Cybersecurity and Tech ETF (IHAK), Invesco S&P SmallCap Information Technology ETF (PSCT), Global X Internet of Things Thematic ETF (SNSR) and ALPS Disruptive Technologies ETF (DTEC).

Alarm.com updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of $1.55-$1.60 for the period, compared to the consensus EPS estimate of $1.53. The company issued revenue guidance of $855.90 million-$881.50 million, compared to the consensus revenue estimate of $863.56 million.

131 employees have rated Alarm.com Chief Executive Officer Steve Trundle on Glassdoor.com. Steve Trundle has an approval rating of 97% among the company's employees. This puts Steve Trundle in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alarm.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), PayPal (PYPL), Bank of America (BAC), Johnson & Johnson (JNJ), CVS Health (CVS), Block (SQ), Visa (V) and Salesforce (CRM).

(ALRM) raised $98 million in an initial public offering on Friday, June 26th 2015. The company issued 7,000,000 shares at a price of $13.00-$15.00 per share. Goldman Sachs, Credit Suisse and BofA Merrill Lynch acted as the underwriters for the IPO and Stifel, Raymond James, William Blair and Imperial Capital were co-managers.

Alarm.com trades on the NASDAQ under the ticker symbol "ALRM."

Alarm.com's stock is owned by many different institutional and retail investors. Top institutional investors include Brown Capital Management LLC (10.38%), William Blair Investment Management LLC (5.08%), Riverbridge Partners LLC (3.76%), Geode Capital Management LLC (1.92%), Dimensional Fund Advisors LP (1.74%) and New York State Common Retirement Fund (1.63%). Insiders that own company stock include Daniel Kerzner, Daniel Ramos, Donald E Clarke, Hugh Panero, Jeffrey A Bedell, Mayo A Shattuck III, Simone Wu, Stephen Trundle, Steve Valenzuela and Timothy P Mcadam.
View institutional ownership trends.

Shares of ALRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ALRM stock can currently be purchased for approximately $51.10.

Alarm.com (NASDAQ:ALRM) has a market capitalization of $2.55 billion and generates $842.56 million in revenue each year. The software maker earns $56.34 million in net income (profit) each year or $1.18 on an earnings per share basis.

The company employs 1,733 workers across the globe.

Alarm.com's mailing address is 8281 GREENSBORO DRIVE SUITE 100, TYSONS VA, 22102. The official website for the company is www.alarm.com. The software maker can be reached via phone at (877) 389-4033 or via email at dtrone@alarm.com.