JP Morgan resumed coverage on Alarm.com with a new price target
$ALRM
Computer Software: Prepackaged Software
Technology
JP Morgan resumed coverage of Alarm.com with a rating of Underweight and set a new price target of $50.00 from $65.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $65.00 → $50.00 | Underweight | JP Morgan |
| 11/5/2024 | $65.00 | Buy | Jefferies |
| 9/6/2024 | $64.00 | Neutral | Goldman |
| 7/5/2023 | $55.00 | Neutral | JP Morgan |
| 4/20/2022 | $75.00 | Buy | BofA Securities |
| 2/28/2022 | $90.00 → $77.00 | Equal-Weight | Barclays |
| 2/25/2022 | $120.00 → $85.00 | Strong Buy | Raymond James |
| 1/19/2022 | $105.00 → $90.00 | Equal-Weight | Barclays |
Integration of FranklinWH whole-home energy management system with EnergyHub Edge DERMS platform expands customer hardware choice, helping utilities scale programs and enabling new cross-DER grid services capabilities. EnergyHub, a leading provider of grid-edge flexibility, and FranklinWH Energy Storage Inc. (FranklinWH), a leader in whole-home energy management, have partnered to integrate FranklinWH's whole-home energy management system with EnergyHub's Edge Distributed Energy Resource Management System (DERMS) platform. The partnership will maximize customer hardware choice, supporting the rapid growth of virtual power plants (VPPs) that can be used to curb peak electricity demand and p
-- Third quarter SaaS and license revenue increased 9.8% to $159.3 million, compared to $145.0 million for the third quarter of 2023 -- -- Third quarter GAAP net income attributable to common stockholders increased 87.9% to $36.7 million, compared to $19.5 million for the third quarter of 2023 -- -- Third quarter non-GAAP adjusted EBITDA increased 20.6% to $50.0 million, compared to $41.4 million for the third quarter of 2023 -- Alarm.com Holdings, Inc. (NASDAQ:ALRM), the leading platform for the intelligently connected property, today reported financial results for its third quarter ended September 30, 2024. Alarm.com also provided its financial outlook for SaaS and license revenue for th
Alarm.com Holdings, Inc. (NASDAQ:ALRM), the leading platform for the intelligently connected property, today announced that it will report 2024 third quarter financial results after the market close on November 7, 2024. Management will host a conference call and webcast to discuss the company's financial results at 4:30 p.m. ET that same day. Please click here to pre-register for the conference call and obtain your dial-in number and individual passcode. You can also listen to the call via webcast on Alarm.com's investor relations website. A recorded version will be available under the same link following the conclusion of the conference call. About Alarm.com Holdings, Inc. Alarm.com is
4 - Alarm.com Holdings, Inc. (0001459200) (Issuer)
4 - Alarm.com Holdings, Inc. (0001459200) (Issuer)
4 - Alarm.com Holdings, Inc. (0001459200) (Issuer)
SC 13G/A - Alarm.com Holdings, Inc. (0001459200) (Subject)
SC 13G - Alarm.com Holdings, Inc. (0001459200) (Subject)
SC 13G/A - Alarm.com Holdings, Inc. (0001459200) (Subject)
JP Morgan resumed coverage of Alarm.com with a rating of Underweight and set a new price target of $50.00 from $65.00 previously
Jefferies initiated coverage of Alarm.com with a rating of Buy and set a new price target of $65.00
Goldman initiated coverage of Alarm.com with a rating of Neutral and set a new price target of $64.00
8-K - Alarm.com Holdings, Inc. (0001459200) (Filer)
144 - Alarm.com Holdings, Inc. (0001459200) (Subject)
10-Q - Alarm.com Holdings, Inc. (0001459200) (Filer)
Lessen, the premier tech-enabled, end-to-end solution for real estate property services, today announced the expansion of its executive leadership team with the addition of Sean Miller as Chief Revenue Officer. At Lessen, Miller will leverage his extensive executive background in property management technology to lead the company's marketing and sales organization, finding, courting, and closing residential and commercial accounts for Lessen's growing suite of products and services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912807179/en/Sean Miller, Lessen's Chief Revenue Officer (Photo: Business Wire) Prior to Lessen, Mi
SDS appoints industry veteran Stephen Carney as President, and promotes Rich Onofrio to Chief Technology Officer, bolstering their dedication to life-saving gunshot detection technology. ROWLEY, Mass., July 6, 2023 /PRNewswire-PRWeb/ -- Shooter Detection Systems (SDS), an Alarm.com (NASDAQ:ALRM) company and a global leader in gunshot detection solutions, is delighted to announce the appointment of Stephen Carney as the company's new President. Mr. Carney previously served as Vice President of Global Product Management for HID Global. Additionally, Rich Onofrio, former Managing Director of SDS, has assumed the role of Chief Technology Officer, leading the Engineering team following the retire
-- Third quarter SaaS and license revenue increased 9.8% to $159.3 million, compared to $145.0 million for the third quarter of 2023 -- -- Third quarter GAAP net income attributable to common stockholders increased 87.9% to $36.7 million, compared to $19.5 million for the third quarter of 2023 -- -- Third quarter non-GAAP adjusted EBITDA increased 20.6% to $50.0 million, compared to $41.4 million for the third quarter of 2023 -- Alarm.com Holdings, Inc. (NASDAQ:ALRM), the leading platform for the intelligently connected property, today reported financial results for its third quarter ended September 30, 2024. Alarm.com also provided its financial outlook for SaaS and license revenue for th
Alarm.com Holdings, Inc. (NASDAQ:ALRM), the leading platform for the intelligently connected property, today announced that it will report 2024 third quarter financial results after the market close on November 7, 2024. Management will host a conference call and webcast to discuss the company's financial results at 4:30 p.m. ET that same day. Please click here to pre-register for the conference call and obtain your dial-in number and individual passcode. You can also listen to the call via webcast on Alarm.com's investor relations website. A recorded version will be available under the same link following the conclusion of the conference call. About Alarm.com Holdings, Inc. Alarm.com is
-- Second quarter SaaS and license revenue increased 11.0% to $155.9 million, compared to $140.4 million for the second quarter of 2023 -- -- Second quarter GAAP net income attributable to common stockholders increased 112.1% to $33.5 million, compared to $15.8 million for the second quarter of 2023 -- -- Second quarter non-GAAP adjusted EBITDA increased 17.8% to $42.8 million, compared to $36.4 million for the second quarter of 2023 -- Alarm.com Holdings, Inc. (NASDAQ:ALRM), the leading platform for the intelligently connected property, today reported financial results for its second quarter ended June 30, 2024. Alarm.com also provided its financial outlook for SaaS and license reven
Barclays analyst Saket Kalia maintains Alarm.com Holdings (NASDAQ:ALRM) with a Equal-Weight and lowers the price target from $78 to $72.
Alarm.com has increased the size of the offering from $375.0 million to $425.0 million (or $500.0 million if the initial purchasers' option to purchase additional notes is exercised in full as described in the following paragraph).
For the second quarter of 2024:SaaS and license revenue is expected to be in the range of $153.8 million to $154.0 million.For the full year 2024:SaaS and license revenue is expected to be in the range of $624.5 million to $625.0 million.Total revenue is expected to be in the range of $914.5 million to $931.0 million, which includes anticipated hardware and other revenue in the range of $290.0 million to $306.0 million.Non-GAAP adjusted EBITDA is expected to be in the range of $164.0 million to $166.0 million.Non-GAAP adjusted net income attributable to common stockholders is expected to be in the range of $118.5 million to $119.5 million, based on an estimated tax rate of 21.0%.Based on an