Alarm.com Holdings, Inc. (ALRM)

NASDAQ: ALRM · IEX Real-Time Price · USD
64.81
-0.98 (-1.49%)
Apr 25, 2024, 12:23 PM EDT - Market open
-1.49%
Market Cap 3.24B
Revenue (ttm) 881.68M
Net Income (ttm) 81.04M
Shares Out 49.95M
EPS (ttm) 1.53
PE Ratio 43.00
Forward PE 30.26
Dividend n/a
Ex-Dividend Date n/a
Volume 40,252
Open 64.99
Previous Close 65.79
Day's Range 64.26 - 65.49
52-Week Range 44.92 - 77.29
Beta 0.93
Analysts Buy
Price Target 70.40 (+8.63%)
Earnings Date May 9, 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 8.63% from the latest price.

Price Target
$70.4
(8.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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-...

9 days 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...

9 days 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 ...

16 days 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...

20 days 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...

4 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...

2 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.

2 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.

3 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.

4 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...

4 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...

4 months ago - Business Wire

Alarm.com Reports Third Quarter 2023 Results

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

5 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...

6 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.

6 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...

7 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...

8 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...

8 months ago - PRNewsWire

Alarm.com Reports Second Quarter 2023 Results

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

9 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...

9 months ago - PRNewsWire

Alarm.com Announces Launch of Gopher Info

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com announces the launch of Gopher Info, a new AI-powered assistant for technicians and service providers that leverages large language models to improve service pr...

9 months ago - Business Wire

Alarm.com Announces Innovations to Visual Verification

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com announces new solutions that will empower monitoring station operators to make more informed decisions and expedite emergency response while supporting service ...

9 months ago - Business Wire

Alarm.com to Announce 2023 Second Quarter Results on August 9, 2023

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

10 months ago - Business Wire

Alarm.com Available on Android Auto™ For A Unified Car-To-Home Experience

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com announces it is one of the first smart home security platforms available on Android Auto to deliver a unified car-to-home user experience. Android™ customers no...

10 months ago - Business Wire

Alarm.com: A Great Business Model

Alarm.com Holdings Inc. ( ALRM , Financial) was founded in 2000 as a business unit within MicroStrategy Inc. ( MSTR , Financial). In 2009, Alarm.com was established as a separate company when MicroStr...

10 months ago - GuruFocus

Alarm.com Partners With New Home Co. to Launch Updated Smart Home Program

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com has partnered with California-based builder New Home Co. to power a suite of innovative smart home technology services for new homeowners as part of the launch ...

10 months ago - Business Wire