Alarm.com - ALRM Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alarm.com in the last twelve months. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ALRM shares.
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6 Wall Street research analysts have issued 12 month price objectives for Alarm.com's stock. Their ALRM share price forecasts range from $61.00 to $75.00. On average, they expect the company's stock price to reach $67.20 in the next twelve months. This suggests a possible upside of 34.1% from the stock's current price.
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Alarm.com's stock was trading at $49.48 at the beginning of the year. Since then, ALRM shares have increased by 1.3% and is now trading at $50.12.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our ALRM earnings forecast.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) issued its quarterly earnings results on Thursday, February, 23rd. The software maker reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.10. The software maker had revenue of $208.14 million for the quarter, compared to analyst estimates of $207.41 million. Alarm.com had a net margin of 6.69% and a trailing twelve-month return on equity of 11.48%.

ETFs with the largest weight of Alarm.com (NASDAQ:ALRM) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), 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), Janus Henderson Small Cap Growth Alpha ETF (JSML) and Global X Internet of Things Thematic ETF (SNSR).

Alarm.com updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of $1.44-$1.57 for the period, compared to the consensus estimate of $1.46. The company issued revenue guidance of $851.50 million-$877.50 million, compared to the consensus revenue estimate of $874.03 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 IPO on Friday, June 26th 2015. The company issued 7,000,000 shares at $13.00-$15.00 per share. Goldman Sachs, Credit Suisse and BofA Merrill Lynch served 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 a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (4.98%), Riverbridge Partners LLC (3.79%), Geneva Capital Management LLC (2.57%), Geode Capital Management LLC (1.82%), Dimensional Fund Advisors LP (1.75%) and New York State Common Retirement Fund (1.64%). Insiders that own company stock include Crossover Managemen Technology, 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.
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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 $50.12.

Alarm.com (NASDAQ:ALRM) has a market capitalization of $2.49 billion and generates $842.56 million in revenue each year. The software maker earns $56.34 million in net income (profit) each year or $1.08 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.