Alarm.com Holdings, Inc. (ALRM)
NASDAQ: ALRM · Real-Time Price · USD
62.32
+1.54 (2.53%)
At close: Nov 22, 2024, 4:00 PM
62.25
-0.07 (-0.11%)
After-hours: Nov 22, 2024, 5:03 PM EST
Alarm.com Holdings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Alarm.com Holdings stock have an average target of 65.33, with a low estimate of 50 and a high estimate of 73. The average target predicts an increase of 4.83% from the current stock price of 62.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALRM stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 2 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 4 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Sell Initiates $65 → $50 | Hold → Sell | Initiates | $65 → $50 | -19.77% | Nov 11, 2024 |
| Barclays | Barclays | Hold Maintains $60 → $67 | Hold | Maintains | $60 → $67 | +7.51% | Nov 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $64 → $67 | Hold | Maintains | $64 → $67 | +7.51% | Nov 8, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $65 | Strong Buy | Initiates | $65 | +4.30% | Nov 5, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $78 → $73 | Strong Buy | Maintains | $78 → $73 | +17.14% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
945.98M
from 881.68M
Increased by 7.29%
Revenue Next Year
995.07M
from 945.98M
Increased by 5.19%
EPS This Year
2.13
from 1.53
Increased by 39.66%
EPS Next Year
2.26
from 2.13
Increased by 6.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 981.5M | 1.0B | 1.1B | ||
| Avg | 946.0M | 995.1M | 1.0B | ||
| Low | 904.7M | 944.7M | 983.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.3% | 10.2% | 8.5% | ||
| Avg | 7.3% | 5.2% | 4.3% | ||
| Low | 2.6% | -0.1% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.36 | 2.52 | 2.67 |
| Avg | 2.13 | 2.26 | 2.42 |
| Low | 2.02 | 2.05 | 2.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 54.4% | 18.2% | 17.9% |
| Avg | 39.7% | 6.1% | 7.2% |
| Low | 32.2% | -4.0% | -2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.