Arbe Robotics (NASDAQ:ARBE - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect Arbe Robotics to post earnings of ($0.10) per share and revenue of $0.40 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.
Arbe Robotics (NASDAQ:ARBE - Get Free Report) last released its quarterly earnings results on Wednesday, November 27th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.02). Arbe Robotics had a negative return on equity of 102.87% and a negative net margin of 4,567.91%. During the same quarter in the prior year, the company earned ($0.12) EPS. On average, analysts expect Arbe Robotics to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Arbe Robotics Stock Performance
Shares of ARBE stock traded down $0.05 during midday trading on Friday, reaching $1.85. 3,218,799 shares of the company were exchanged, compared to its average volume of 14,534,890. Arbe Robotics has a 12 month low of $1.40 and a 12 month high of $5.09. The company has a market cap of $166.67 million, a P/E ratio of -2.50 and a beta of 0.02. The company's 50 day moving average price is $2.58 and its two-hundred day moving average price is $2.12.
Analysts Set New Price Targets
Separately, Maxim Group dropped their target price on shares of Arbe Robotics from $4.00 to $3.00 and set a "buy" rating on the stock in a report on Friday, November 29th.
Read Our Latest Research Report on ARBE
Arbe Robotics Company Profile
(
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Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.
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