Arbe Robotics (NASDAQ:ARBE – Get Free Report) issued its earnings results on Thursday. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.01), FiscalAI reports. Arbe Robotics had a negative net margin of 2,817.97% and a negative return on equity of 83.30%. The firm had revenue of $0.46 million during the quarter, compared to analysts’ expectations of $0.48 million.
Here are the key takeaways from Arbe Robotics’ conference call:
- Arbe said it is transitioning from a chipset-only business to complete radar systems, and it has already begun shipping systems into defense, homeland security, transportation, perimeter security, and Physical AI applications.
- The company highlighted several commercial wins in automotive, including initial chip shipments to HiRain in China, orders from robotaxi customers, and participation in data collection programs with global automakers and mobility players.
- Management emphasized growing interest in its radar as a key sensor for Level 3 and Level 4 autonomy, saying OEMs are re-evaluating their autonomy programs and that Arbe’s ultra-high-resolution radar is designed to fill current sensing gaps.
- Arbe strengthened its balance sheet by raising $18.5 million in a registered direct offering and ended the quarter with $53.6 million in cash and short-term deposits.
- Financial results remained small, with Q1 revenue of $0.5 million, an operating loss of $11.3 million, and management reaffirmed full-year 2026 guidance of $4 million-$6 million in revenue and a $28 million-$31 million adjusted EBITDA loss.
Arbe Robotics Price Performance
Shares of NASDAQ:ARBE opened at $1.10 on Friday. Arbe Robotics has a fifty-two week low of $0.55 and a fifty-two week high of $2.88. The business has a 50-day moving average of $0.82 and a two-hundred day moving average of $1.07. The stock has a market capitalization of $134.92 million, a P/E ratio of -3.06 and a beta of 0.98.
Institutional Trading of Arbe Robotics
Analyst Upgrades and Downgrades
ARBE has been the subject of several recent research reports. Weiss Ratings raised Arbe Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 21st. Canaccord Genuity Group lifted their target price on shares of Arbe Robotics to $1.50 and gave the company a “buy” rating in a research note on Friday. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2.33.
Check Out Our Latest Stock Report on Arbe Robotics
Arbe Robotics Company Profile
Arbe Robotics Ltd. is a technology company specializing in high-resolution 4D imaging radar solutions for the automotive industry. The company’s radar platform is designed to enhance advanced driver-assistance systems (ADAS) and support the development of autonomous vehicles by providing detailed object detection, precise range and velocity measurements, and accurate environmental mapping under diverse driving conditions.
Founded in 2015 and headquartered in Tel Aviv, Israel, Arbe Robotics has developed its own semiconductor chipset and accompanying software stack.
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