Arbe Robotics Ltd. (NASDAQ:ARBE) is a prominent player in the field of perception radar solutions, focusing on advancing its technology and expanding its global presence. On August 7, 2025, Suji Desilva from Roth Capital set a price target of $2 for ARBE, suggesting a potential increase of 56.25% from its current stock price of $1.28. This target reflects optimism about the company's future prospects.
Despite reporting a quarterly loss of $0.06 per share, Arbe Robotics exceeded the Zacks Consensus Estimate of a $0.08 loss, resulting in a 25% earnings surprise. This improvement from a $0.09 loss per share in the same quarter last year indicates progress in managing expenses. However, the company has only surpassed consensus EPS estimates once in the last four quarters, highlighting the need for consistent performance.
Arbe Robotics' revenue for the quarter ended June 2025 was $270,000, which fell short of the Zacks Consensus Estimate by 8.67%. This represents a decline from the $410,000 reported in the same quarter the previous year. The company has consistently missed consensus revenue estimates over the last four quarters, indicating challenges in meeting market expectations.
CEO Kobi Marenko expressed satisfaction with the company's progress, particularly in customer RFQ selections, where Arbe has demonstrated its technological advantages. The company is in the final rounds of selection with only a few competitors remaining, aiming to secure four OEM production programs within the next year. This strategic focus could drive future revenue growth.
The current stock price of ARBE is $1.28, reflecting a decrease of 6.57% with a change of $0.09. The stock has fluctuated between a low of $1.26 and a high of $1.45 today. Over the past year, ARBE has reached a high of $5.09 and a low of $0.85. With a market capitalization of approximately $134.6 million and a trading volume of 2,202,447 shares, the company remains a significant player on the NASDAQ exchange.
