Arco Platform (ARCE) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Arco Platform in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ARCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARCE, but not buy additional shares or sell existing shares.
View ARCE analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1-year price targets for Arco Platform's stock. Their ARCE share price forecasts range from $6.00 to $14.00. On average, they predict the company's stock price to reach $10.67 in the next twelve months. This suggests that the stock has a possible downside of 22.6%.
View analysts price targets for ARCE or view top-rated stocks among Wall Street analysts.

Arco Platform's stock was trading at $13.50 at the beginning of the year. Since then, ARCE shares have increased by 2.1% and is now trading at $13.78.
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Arco Platform saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,040,000 shares, a decline of 14.0% from the August 31st total of 1,210,000 shares. Based on an average trading volume of 323,800 shares, the days-to-cover ratio is currently 3.2 days. Currently, 4.1% of the shares of the stock are short sold.
View Arco Platform's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our ARCE earnings forecast.

Arco Platform Limited (NASDAQ:ARCE) released its quarterly earnings data on Thursday, August, 31st. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.08. The firm had revenue of $95.16 million for the quarter, compared to the consensus estimate of $107.99 million. Arco Platform had a negative trailing twelve-month return on equity of 6.58% and a negative net margin of 1.88%.

Global X Education ETF holds 1,761 shares of ARCE stock, representing 0.68% of its portfolio.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arco Platform investors own include Alibaba Group (BABA), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), CVS Health (CVS), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and NVIDIA (NVDA).

(ARCE) raised $128 million in an initial public offering (IPO) on Wednesday, September 26th 2018. The company issued 11,100,000 shares at a price of $5.50-$17.50 per share. Goldman Sachs, Morgan Stanley, Itaú BBA and BofA Merrill Lynch served as the underwriters for the IPO and Allen & Company, BTG Pactual and UBS Investment Bank were co-managers.

Arco Platform trades on the NASDAQ under the ticker symbol "ARCE."

Shares of ARCE 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 ARCE stock can currently be purchased for approximately $13.78.

Arco Platform (NASDAQ:ARCE) has a market capitalization of $770.44 million and generates $343.87 million in revenue each year. The company earns $7.65 million in net income (profit) each year or ($0.14) on an earnings per share basis.

The company employs 2,935 workers across the globe.

Arco Platform's mailing address is RUA AUGUSTA 2840 9TH FLOOR SUITE 91, SAO PAULO D5, 01412. The official website for the company is www.arcoeducacao.com.br. The company can be reached via phone at 551130472699 or via email at ir@arcoeducacao.com.