Should I buy or sell Arrowroot Acquisition stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arrowroot Acquisition in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARRW shares. View ARRW analyst ratings or view top-rated stocks .

What is Arrowroot Acquisition's stock price target for 2024?

1 equities research analysts have issued 12-month price targets for Arrowroot Acquisition's shares. Their ARRW share price targets range from $18.00 to $18.00. On average, they anticipate the company's share price to reach $18.00 in the next year. This suggests a possible upside of 80.0% from the stock's current price. View analysts price targets for ARRW or view top-rated stocks among Wall Street analysts .

How have ARRW shares performed in 2024?

Arrowroot Acquisition's stock was trading at $10.47 at the beginning of the year. Since then, ARRW stock has decreased by 4.5% and is now trading at $10.00. View the best growth stocks for 2024 here .

Are investors shorting Arrowroot Acquisition?

Arrowroot Acquisition saw a increase in short interest in March. As of March 31st, there was short interest totaling 10,200 shares, an increase of 56.9% from the March 15th total of 6,500 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company's shares are short sold. View Arrowroot Acquisition's Short Interest .

How do I buy shares of Arrowroot Acquisition?

Shares of ARRW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:ARRW

Arrowroot Acquisition (ARRW) Stock Price, News & Analysis

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$10.00

-8.00 (-44.44%)

(As of 04/17/2024 ET)

Compare

Today's Range: $8.29
▼
$11.59
50-Day Range: $8.46
▼
$17.35
52-Week Range: $8.46
▼
$20.00

Volume: 132,897 shs
Average Volume: 13,670 shs
Market Capitalization: $82.05 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.00

Get Arrowroot Acquisition alerts:

Arrowroot Acquisition MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 80.0% Upside
$18.00 Price Target
Short Interest: Healthy
0.23% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.45 out of 5 stars

Business Services Sector

102nd out of 305 stocks

Prepackaged Software Industry

75th out of 197 stocks

3.5

Analyst's Opinion

Consensus Rating
Arrowroot Acquisition has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Arrowroot Acquisition has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.23% of the float of Arrowroot Acquisition has been sold short.
Short Interest Ratio / Days to Cover
Arrowroot Acquisition has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Arrowroot Acquisition has recently increased by 56.92%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Arrowroot Acquisition does not currently pay a dividend.
Dividend Growth
Arrowroot Acquisition does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARRW.

3.2

News and Social Media Coverage

News Sentiment
Arrowroot Acquisition has a news sentiment score of 1.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Arrowroot Acquisition this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Arrowroot Acquisition to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arrowroot Acquisition insiders have not sold or bought any company stock.
Percentage Held by Insiders
61.45% of the stock of Arrowroot Acquisition is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 32.94% of the stock of Arrowroot Acquisition is held by institutions.

N/A

Earnings and Valuation

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About Arrowroot Acquisition Stock (NASDAQ:ARRW)

Arrowroot Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to identify and acquire a business focusing on the enterprise software sector. Arrowroot Acquisition Corp. was incorporated in 2020 and is based in Marina Del Rey, California.

ARRW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ARRW Stock News Headlines

April 16, 2024 | finance.yahoo.com

iLearningEngines, Inc. Becomes Publicly Traded Company After Completing Business Combination With Arrowroot Acquisition Corp., Will Commence Trading on Nasdaq Under Ticker Symbol “AILE”

April 1, 2024 | finance.yahoo.com

Arrowroot Acquisition Corp. Shareholders Approve Previously Announced Business Combination With iLearningEngines, Inc.

April 19, 2024 | Gold Safe Exchange (Ad)

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March 28, 2024 | businesswire.com

iLearningEngines, Inc. to Add Michael Moe and Sir Ian Davis to its Board of Directors

March 23, 2024 | finanznachrichten.de

Arrowroot Capital Management, LLC: Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

March 13, 2024 | prnewswire.com

Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders and New Record Date of Special Meeting of Stockholders

February 21, 2024 | prnewswire.com

Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

February 9, 2024 | prnewswire.com

Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

September 5, 2023 | finance.yahoo.com

Arrowroot Acquisition Corp. Announces Filing of Registration Statement on Form S-4 in Connection with its Proposed Business Combination with iLearningEngines

April 29, 2023 | reuters.com

Exclusive: Training software firm iLearningEngines to go public via $1.4 billion SPAC deal

April 28, 2023 | benzinga.com

Arrowroot Acquisition Stock (NASDAQ:ARRW), Dividends

April 28, 2023 | reuters.com

Exclusive: Training software firm iLearningEngines to go public via $1.4 bln SPAC deal

April 28, 2023 | msn.com

iLearning Engines to go public via $1.4B deal with SPAC Arrowroot

April 27, 2023 | finance.yahoo.com

Training software firm iLearningEngines to go public via $1.4 billion SPAC deal

April 27, 2023 | finance.yahoo.com

iLearningEngines, a leader in AI-Powered Learning Automation, to List on NASDAQ via Merger with Arrowroot Acquisition Corp.

April 27, 2023 | finance.yahoo.com

UPDATE 1-Training software firm iLearningEngines to go public via $1.4 bln SPAC deal

January 14, 2023 | wsj.com

Arrowroot Acquisition Corp. Cl A

January 5, 2023 | marketwatch.com

Arrowroot Powder Market : Overview With the Best Scope, Trends, Benefits, Opportunities to 2028

January 1, 2023 | finance.yahoo.com

Arrowroot Acquisition Corp. (NASDAQ:ARRW) is favoured by institutional owners who hold 70% of the company

November 7, 2022 | marketwatch.com

Arrowroot Powder Market Research Report analyses the competition, sales, revenue, market size, share and forecasted data 2022 to 2028

October 15, 2022 | investing.com

Arrowroot Acquisition Corp (ARRW)

October 9, 2022 | reuters.com

Arrowroot Acquisition Corp

September 28, 2022 | benzinga.com

Arrowroot Acquisition Stock (NASDAQ:ARRW), Guidance and Forecast

September 28, 2022 | finance.yahoo.com

Are Institutions Heavily Invested In Arrowroot Acquisition Corp.'s (NASDAQ:ARRW) Shares?

September 28, 2022 | finance.yahoo.com

What Kind Of Shareholders Own Arrowroot Acquisition Corp. (NASDAQ:ARRW)?

See More Headlines

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Company Calendar

Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:ARRW
CUSIP: N/A
CIK: 1835972
Web: arrowrootcapital.com
Phone: 310-566-5966
Fax: N/A
Employees: 2
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.00
High Stock Price Target: $18.00
Low Stock Price Target: $18.00
Potential Upside/Downside: +80.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-5,850,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -12.56%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.02
Quick Ratio: 0.02

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($3.41) per share
Price / Book: -2.93

Miscellaneous

Outstanding Shares: 8,205,000
Free Float: 3,163,000
Market Cap: $82.05 million
Optionable: Not Optionable
Beta: 0.02

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Key Executives

Mr. Matthew J. Safaii
CEO & Chairman of the Board
Mr. Thomas Olivier J.D.
President, CFO & Vice Chairman

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ARRW Stock Analysis - Frequently Asked Questions

Should I buy or sell Arrowroot Acquisition stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arrowroot Acquisition in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARRW shares.
View ARRW analyst ratings or view top-rated stocks.
What is Arrowroot Acquisition's stock price target for 2024?: 1 equities research analysts have issued 12-month price targets for Arrowroot Acquisition's shares. Their ARRW share price targets range from $18.00 to $18.00. On average, they anticipate the company's share price to reach $18.00 in the next year. This suggests a possible upside of 80.0% from the stock's current price.
View analysts price targets for ARRW or view top-rated stocks among Wall Street analysts.
How have ARRW shares performed in 2024?: Arrowroot Acquisition's stock was trading at $10.47 at the beginning of the year. Since then, ARRW stock has decreased by 4.5% and is now trading at $10.00.
View the best growth stocks for 2024 here.

Are investors shorting Arrowroot Acquisition?: Arrowroot Acquisition saw a increase in short interest in March. As of March 31st, there was short interest totaling 10,200 shares, an increase of 56.9% from the March 15th total of 6,500 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company's shares are short sold.
View Arrowroot Acquisition's Short Interest.
How do I buy shares of Arrowroot Acquisition?: Shares of ARRW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARRW) was last updated on 4/19/2024 by MarketBeat.com Staff

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Arrowroot Acquisition (ARRW) Stock Price, News & Analysis

Arrowroot Acquisition MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

About Arrowroot Acquisition Stock (NASDAQ:ARRW)

ARRW Stock Price History

ARRW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

ARRW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™