Alarm.com Holdings, Inc. (ALRM)
NASDAQ: ALRM · IEX Real-Time Price · USD
64.81
-0.98 (-1.49%)
Apr 25, 2024, 1:35 PM EDT - Market open
Alarm.com Holdings Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Alarm.com Holdings stock have an average target of 70.4, with a low estimate of 64 and a high estimate of 78. The average target predicts an increase of 8.63% from the current stock price of 64.81.
Analyst Consensus: Buy
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for ALRM stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $62 → $70 | Hold | Maintains | $62 → $70 | +8.01% | Feb 23, 2024 |
| Barclays | Barclays | Hold Maintains $66 → $78 | Hold | Maintains | $66 → $78 | +20.35% | Feb 23, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $55 → $62 | Hold | Maintains | $55 → $62 | -4.34% | Jan 12, 2024 |
| Barclays | Barclays | Hold Maintains $62 → $66 | Hold | Maintains | $62 → $66 | +1.84% | Jan 4, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $67 → $70 | Strong Buy | Maintains | $67 → $70 | +8.01% | Jan 3, 2024 |
Financial Forecast
Revenue This Year
943.68M
from 881.68M
Increased by 7.03%
Revenue Next Year
993.57M
from 943.68M
Increased by 5.29%
EPS This Year
2.18
from 1.53
Increased by 42.37%
EPS Next Year
2.30
from 2.18
Increased by 5.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 976.0M | 1.0B | 1.1B | 1.1B |
| Avg | 943.7M | 993.6M | 1.0B | 1.1B |
| Low | 904.5M | 937.4M | 985.5M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.7% | 11.2% | 8.9% | 5.4% |
| Avg | 7.0% | 5.3% | 4.5% | 2.4% |
| Low | 2.6% | -0.7% | -0.8% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.29 | 2.47 | 2.60 |
| Avg | 2.18 | 2.30 | 2.53 |
| Low | 2.08 | 2.14 | 2.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 49.6% | 13.3% | 13.0% |
| Avg | 42.4% | 5.7% | 9.8% |
| Low | 35.7% | -1.9% | 5.5% |
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.