On Nov 09, major Wall Street analysts update their ratings for $Alarm.com (ALRM.US)$, with price targets ranging from $67 to $73.
Goldman Sachs analyst Adam Hotchkiss maintains with a hold rating, and adjusts the target price from $64 to $67.
Barclays analyst Saket Kalia maintains with a hold rating, and adjusts the target price from $60 to $67.
William Blair analyst Stephen Sheldon maintains with a hold rating.
Roth MKM analyst Darren Aftahi maintains with a buy rating, and maintains the target price at $73.
Furthermore, according to the comprehensive report, the opinions of $Alarm.com (ALRM.US)$'s main analysts recently are as follows:
Alarm.com's third-quarter revenue and profitability surpassed expectations, fueled by a slight outperformance in software-as-a-service and licensing, alongside a more significant beat in hardware. Nonetheless, growth headwinds have had an impact on the company's preliminary outlook for 2025.
Alarm.com's Q3 revenue and EBITDA outperformed expectations, bolstered by strong hardware revenue, according to an analyst.
The company's recent surpassing of consensus forecasts for total revenue and EBITDA in Q3 is seen as further evidence that it can expand despite the challenges posed by ADT headwinds, which is expected to lead to a more favorable valuation multiple.
Here are the latest investment ratings and price targets for $Alarm.com (ALRM.US)$ from 4 analysts:
Note:
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