In the last trading session, 3.84 million Arbe Robotics Ltd (NASDAQ:ARBE) shares changed hands as the company’s beta touched 0.43. With the company’s per share price at $1.52 changed hands at -$0.11 or -6.75% during last session, the market valuation stood at $159.85M. ARBE’s last price was a discount, traded about -234.87% 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 44.08% up since then.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Instantly ARBE was in red as seen at the end of in last trading. With action -3.80%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -18.28%, with the 5-day performance at -3.80% in the red. However, in the 30-day time frame, Arbe Robotics Ltd (NASDAQ:ARBE) is 49.02% up.
Arbe Robotics Ltd (ARBE) estimates and forecasts
Year-over-year growth is forecast to reach 303.86% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 173.33k. 3 analysts are of the opinion that Arbe Robotics Ltd’s revenue for the current quarter will be 642.67k. The company’s revenue for the corresponding quarters a year ago was 409k and 123k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -57.62%. The estimates for the next quarter sales put growth at 422.50%.
The 2025 estimates are for Arbe Robotics Ltd earnings to increase by 46.72%, but the outlook for the next 5-year period is at 25.72% per year.
ARBE Dividends
Arbe Robotics Ltd is expected to release its next quarterly earnings report in June.
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 $0.1 million 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 $80597.0.
