Arco Platform - ARCE Stock Forecast, Price & News

4 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 and 1 buy rating 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.
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4 Wall Street research analysts have issued 12 month price targets for Arco Platform's stock. Their ARCE share price forecasts range from $6.00 to $20.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
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Arco Platform's stock was trading at $13.50 at the beginning of 2023. Since then, ARCE stock has decreased by 0.9% and is now trading at $13.38.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023.
View our ARCE earnings forecast.

Arco Platform Limited (NASDAQ:ARCE) released its earnings results on Thursday, December, 1st. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.04. The firm earned $48.48 million during the quarter, compared to the consensus estimate of $45.72 million. Arco Platform had a negative trailing twelve-month return on equity of 0.57% and a net margin of 0.69%.

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 $5.50-$17.50 per share. Goldman Sachs, Morgan Stanley, Itaú BBA and BofA Merrill Lynch acted 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."

Arco Platform's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FNY Investment Advisers LLC (0.02%).

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 $13.38.

Arco Platform (NASDAQ:ARCE) has a market capitalization of $760.67 million and generates $228.36 million in revenue each year. The company earns $-29,290,000.00 in net income (profit) each year or $0.03 on an earnings per share basis.

The company employs 2,986 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.