Arbe Robotics (ARBE) Expected to Announce Earnings on Wednesday

Arbe Robotics (NASDAQ:ARBE) is expected to post its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect Arbe Robotics to post earnings of ($0.10) per share and revenue of $0.40 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Arbe Robotics Price Performance

Shares of ARBE opened at $1.71 on Tuesday. Arbe Robotics has a 1-year low of $1.40 and a 1-year high of $5.09. The stock has a market cap of $154.06 million, a PE ratio of -2.31 and a beta of 0.02. The firm has a fifty day moving average price of $2.58 and a 200 day moving average price of $2.12.

Analyst Upgrades and Downgrades

Separately, Maxim Group reduced their price target on shares of Arbe Robotics from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Friday, November 29th.

About Arbe Robotics

Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.