Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Arbe Robotics price target lowered to $3 from $5 at Roth MKM
https://www.tipranks.com/news/the-fly/amplitech-groups-5g-division-enters-loi-for-78m-in-purchase-orders

In This Article:

Roth MKM analyst Suji Desilva lowered the firm’s price target on Arbe Robotics (ARBE) to $3 from $5 and keeps a Buy rating on the shares. Reflecting delayed automotive platform decisions, Arbe guided to a muted 2025 revenue outlook with the opportunity to ramp late in the year in some non-auto programs, the firm says. The company guided for a similar EBITDA loss for 2025 on a year-over-year basis. With the recent funding, Roth believes the company is funded to execute its operating plan.

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on ARBE: