Alarm.com Holdings, Inc. (ALRM)

NASDAQ: ALRM · IEX Real-Time Price · USD
63.10
+0.31 (0.49%)
At close: Jul 2, 2024, 4:00 PM
63.36
+0.26 (0.41%)
After-hours: Jul 2, 2024, 7:54 PM EDT
0.49%
Market Cap 3.17B
Revenue (ttm) 895.25M
Net Income (ttm) 90.22M
Shares Out 50.19M
EPS (ttm) 1.70
PE Ratio 37.12
Forward PE 28.74
Dividend n/a
Ex-Dividend Date n/a
Volume 285,114
Open 62.79
Previous Close 62.79
Day's Range 62.31 - 63.30
52-Week Range 48.61 - 77.29
Beta 0.88
Analysts Buy
Price Target 70.40 (+11.57%)
Earnings Date Aug 7, 2024

About ALRM

Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration,... [Read more]

Sector Technology
IPO Date Jun 26, 2015
Employees 1,989
Stock Exchange NASDAQ
Ticker Symbol ALRM
Full Company Profile

Financial Performance

In 2023, ALRM's revenue was $881.68 million, an increase of 4.64% compared to the previous year's $842.56 million. Earnings were $81.04 million, an increase of 43.85%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for ALRM stock is "Buy." The 12-month stock price forecast is $70.4, which is an increase of 11.57% from the latest price.

Price Target
$70.4
(11.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alarm.com to Participate in Upcoming Investor Conference

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that Steve Valenzuela, Chief Financial Officer, wi...

12 days ago - Business Wire

EnergyHub Receives CEC Grant to Support Expansion of Virtual Power Plants in California

NEW YORK--(BUSINESS WIRE)--EnergyHub, a leading provider of Edge DERMS, was awarded a California Energy Commission (CEC) grant to advance the enrollment of multiple types of distributed energy resourc...

20 days ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of Alarm.com Holdings, Inc. (ALRM)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Alarm.com Holdings, Inc. (Nasdaq: ALRM) concerning the Company and its directors' and officers' possible v...

4 weeks ago - Business Wire

Alarm.com Prices Upsized $425.0 Million 2.25% Convertible Senior Notes Offering

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM) (“Alarm.com”), the leading platform for the intelligently connected property, announced today the pricing of $425.0 million aggreg...

4 weeks ago - Business Wire

Alarm.com Announces Proposed Private Placement of $375.0 Million of Convertible Senior Notes

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM) (“Alarm.com”), the leading platform for the intelligently connected property, today announced that it intends to offer, subject to...

5 weeks ago - Business Wire

Alarm.com Reports First Quarter 2024 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Reports First Quarter 2024 Results.

7 weeks ago - Business Wire

Alarm.com to Participate in Upcoming Investor Conferences

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that Steve Valenzuela, Chief Financial Officer, wi...

7 weeks ago - Business Wire

CPower and EnergyHub Partner on Residential Virtual Power Plant for Ameren Customers

BALTIMORE & NEW YORK--(BUSINESS WIRE)--CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, and EnergyHub, a top grid-...

2 months ago - Business Wire

Alarm.com to Announce 2024 First Quarter Results on May 9, 2024

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that it will report 2024 first quarter financial r...

2 months ago - Business Wire

ISC West 2024: Alarm.com Unveils Remote Video Monitoring Console with Advanced Deterrence Measures, Shooter Detection Systems, and More

TYSONS, Va.--(BUSINESS WIRE)--At ISC West, Alarm.com (Nasdaq: ALRM) will present new proactive security technologies, including advanced deterrence measures and gunshot detection solutions. These new ...

3 months ago - Business Wire

Shooter Detection Systems Joins Partner Alliance for Safe Schools to Strengthen School Safety Efforts

ROWLEY, Mass.--(BUSINESS WIRE)-- #GUNSHOTDETECTION--Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company and the leading gunshot detection provider of gunshot detection solutions has j...

3 months ago - Business Wire

Shooter Detection Systems to Showcase the Latest in Gunshot Detection Innovations at ISC West 2024

ROWLEY, Mass.--(BUSINESS WIRE)-- #TakeAction--Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company and provider of the world's leading gunshot detection solutions, will be displaying t...

3 months ago - Business Wire

Alarm.com Reports Fourth Quarter and Full Year 2023 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Reports Fourth Quarter and Full Year 2023 Results.

4 months ago - Business Wire

Alarm.com to Announce 2023 Fourth Quarter and Full Year Results on February 22, 2024

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com to Announce 2023 Fourth Quarter and Full Year Results on February 22, 2024.

5 months ago - Business Wire

Alarm.com and Vivint Settle Litigation, Enter into License Agreement

TYSONS, Va. & PROVO, Utah--(BUSINESS WIRE)--Alarm.com and Vivint Settle Litigation, Enter into License Agreement.

6 months ago - Business Wire

SDS Takes Home ASTORS Platinum Award, Capping Off a Year of Prestigious Accolades

ROWLEY, Mass.--(BUSINESS WIRE)-- #TakeAction--Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company and pioneer in gunshot detection systems for the commercial market, today announced i...

6 months ago - Business Wire

Shooter Detection Systems empowers communities, workplaces to deploy gunshot detection to increase safety

ROWLEY, Mass.--(BUSINESS WIRE)-- #TakeAction--Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company and provider of the world's leading gunshot detection solutions, will introduce a cam...

7 months ago - Business Wire

Alarm.com Reports Third Quarter 2023 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Reports Third Quarter 2023 Results.

8 months ago - Business Wire

EnergyHub grows client VPPs across North America, breaking resource size and deployment records during the hottest summer ever recorded

EnergyHub clients called 1,800+ events – a 38% increase over 2022 – proving that VPPs can ensure grid reliability and keep customers safe and comfortable NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Record...

8 months ago - PRNewsWire

Alarm.com to Announce 2023 Third Quarter Results on November 9, 2023

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com to Announce 2023 Third Quarter Results on November 9, 2023.

9 months ago - Business Wire

GE Vernova and EnergyHub Announce Partnership to Enhance DER Management and Grid Optimization

Partnership redefines how electric utilities manage DERs, expanding visibility and enabling better orchestration of these devices Combines the grid optimization capabilities of GridOS DERMS with Energ...

10 months ago - PRNewsWire

EnergyHub to manage province-wide Peak Perks program for Ontario's Independent Electricity System Operator

Residential demand response program will enhance grid reliability and accelerate decarbonization NEW YORK, Sept. 5, 2023 /PRNewswire/ -- EnergyHub, a leading provider of grid-edge flexibility programs...

10 months ago - PRNewsWire

Arizona residents get paid to beat the heat

Arizona Public Service, Salt River Project, and Tucson Electric Power offer incentive programs to help customers save money, support the grid PHOENIX , Aug. 31, 2023 /PRNewswire/ -- Arizona is experie...

10 months ago - PRNewsWire

Alarm.com Reports Second Quarter 2023 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Reports Second Quarter 2023 Results.

11 months ago - Business Wire

EnergyHub and Tesla to support the Northeast's largest battery virtual power plant

EnergyHub's ConnectedSolutions platform is first multi-utility flexibility program in the Northeast to offer new in-app experience for Tesla Powerwall owners NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Te...

11 months ago - PRNewsWire