In the last trading session, 1.76 million Arbe Robotics Ltd (NASDAQ:ARBE) shares changed hands as the company’s beta touched 0.26. With the company’s per share price at $1.36 changed hands at -$0.02 or -1.45% during last session, the market valuation stood at $143.02M. ARBE’s last price was a discount, traded about -274.26% off its 52-week high of $5.09. The share price had its 52-week low at $0.85, which suggests the last value was 37.5% up since then. When we look at Arbe Robotics Ltd’s average trading volume, we note the 10-day average is 1.14 million shares, with the 3-month average coming to 4.03 million.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Instantly ARBE was in red as seen at the end of in last trading. With action 25.93%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -26.88%, with the 5-day performance at 25.93% in the green. However, in the 30-day time frame, Arbe Robotics Ltd (NASDAQ:ARBE) is 12.40% up. Looking at the short shares, we see there were 6.73 million shares sold at short interest cover period of 3.28 days.
Arbe Robotics Ltd (ARBE) estimates and forecasts
Year-over-year growth is forecast to reach 311.29% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 100k. 2 analysts are of the opinion that Arbe Robotics Ltd’s revenue for the current quarter will be 200k. The company’s revenue for the corresponding quarters a year ago was 137k and 409k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -27.01%. The estimates for the next quarter sales put growth at -51.10%.
The 2025 estimates are for Arbe Robotics Ltd earnings to increase by 39.34%, but the outlook for the next 5-year period is at 20.20% per year.
ARBE Dividends
Arbe Robotics Ltd is expected to release its next quarterly earnings report on 2025-Mar-04.
Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.87% of Arbe Robotics Ltd shares while 33.71% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 38.69%. There are 33.71% institutions holding the Arbe Robotics Ltd stock share, with AWM INVESTMENT COMPANY, INC. the top institutional holder. As of 2024-06-30, the company held 9.8664% of the shares, roughly 7.71 million ARBE shares worth $14.73 million.
M&G PLC holds the second largest percentage of outstanding shares, with 4.7577% or 3.72 million shares worth $7.44 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Saba Capital Income & Opportunities Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . With 67.28 shares estimated at $91495.0 under it, the former controlled 0.06% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held about 0.05% of the shares, roughly 53.02 shares worth around $72114.0.
