Alarm.com Reports Third Quarter 2024 Results

Go back to Alarm.com Reports Third Quarter 2024 Results

JPMorgan Starts Alarm.com (ALRM) at Underweight, 'We also add ALRM to the Analyst Focus List as a Short idea'

November 11, 2024 6:57 AM EST

JPMorgan analyst Ella Smith initiates coverage on Alarm.com (NASDAQ: ALRM) with a Underweight rating and a price target of $50.00.

The analyst comments "We assume coverage of Alarm.com (ALRM) with an Underweight and Dec-25 PT of $50/sh. Alarm.com has built a highly... More

Alarm.com (ALRM) PT Raised to $67 at Barclays

November 8, 2024 5:09 AM EST

Barclays analyst Saket Kalia raised the price target on Alarm.com (NASDAQ: ALRM) to $67.00 (from $60.00) while maintaining a Equalweight rating.

The analyst comments "Three points from ALRM's 3Q results and FY25 preliminary guide: (1) 3Q revenue beat our estimates by $9M on an outperformance... More

Alarm.com (ALRM) PT Raised to $67 at Goldman Sachs

November 8, 2024 4:52 AM EST

Goldman Sachs analyst Adam Hotchkiss raised the price target on Alarm.com (NASDAQ: ALRM) to $67.00 (from $64.00) while maintaining a Neutral rating.

The analyst comments "Alarm.com reported 3Q24 revenue and profitability ahead of expectations, driven by a modest SaaS and license beat and more pronounced hardware outperformance. NRR improved sequentially to 95%, above Alarm's historical... More

Alarm.com Holdings, Inc. (ALRM) Tops Q3 EPS by 13c, Beats on Revenue; Offers FY24 Guidance

November 7, 2024 4:04 PM EST

Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q3 EPS of $0.62, $0.13 better than the analyst estimate of $0.49. Revenue for the quarter came in at $240.5 million versus the consensus estimate of $231.43 million.

GUIDANCE:

Alarm.com Holdings, Inc. sees FY2024 EPS of... More