In the last trading session, 1.89 million Arbe Robotics Ltd (NASDAQ:ARBE) shares changed hands as the company’s beta touched 0.44. With the company’s per share price at $1.78 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $187.19M. ARBE’s last price was a discount, traded about -185.96% 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 52.25% up since then. When we look at Arbe Robotics Ltd’s average trading volume, we note the 10-day average is 1.83 million shares, with the 3-month average coming to 1.60 million.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
The company’s shares are showing year-to-date downside of -6.81%, with the 5-day performance at 20.27% in the green. However, in the 30-day time frame, Arbe Robotics Ltd (NASDAQ:ARBE) is 3.49% up. Looking at the short shares, we see there were 7.45 million shares sold at short interest cover period of 4.1 days.
Arbe Robotics Ltd (ARBE) estimates and forecasts
Year-over-year growth is forecast to reach 277.82% 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 38.80%, 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 on 2025-May-20.
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 38.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 44.40%. There are 38.69% 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 Saba Capital Income & Opportunities Fund II . With 67.28 shares estimated at $0.12 million under it, the former controlled 0.06% of total outstanding shares. On the other hand, Saba Capital Income & Opportunities Fund II held about 0.03% of the shares, roughly 34.4 shares worth around $61239.0.
