Alarm.com Holdings, Inc. (ALRM)

NASDAQ: ALRM · IEX Real-Time Price · USD
64.62
+1.42 (2.25%)
At close: Dec 29, 2023, 4:00 PM
64.32
-0.30 (-0.46%)
After-hours: Dec 29, 2023, 7:32 PM EST
2.25%
Market Cap 3.23B
Revenue (ttm) 863.58M
Net Income (ttm) 67.82M
Shares Out 49.99M
EPS (ttm) 1.29
PE Ratio 50.09
Forward PE 32.38
Dividend n/a
Ex-Dividend Date n/a
Volume 516,902
Open 64.67
Previous Close 63.20
Day's Range 63.85 - 67.02
52-Week Range 44.92 - 67.02
Beta 0.87
Analysts Strong Buy
Price Target 65.50 (+1.36%)
Earnings Date Feb 22, 2024

About ALRM

Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates in two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as escalated events, video doorbells, intelligent integration, live streaming, secur... [Read more]

Sector Technology
IPO Date Jun 26, 2015
Employees 1,733
Stock Exchange NASDAQ
Ticker Symbol ALRM
Full Company Profile

Financial Performance

In 2022, ALRM's revenue was $842.56 million, an increase of 12.50% compared to the previous year's $748.97 million. Earnings were $56.34 million, an increase of 7.81%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ALRM stock is "Strong Buy." The 12-month stock price forecast is $65.5, which is an increase of 1.36% from the latest price.

Price Target
$65.5
(1.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alarm.com and Vivint Settle Litigation, Enter into License Agreement

TYSONS, Va. & PROVO, Utah--(BUSINESS WIRE)--Alarm.com and Vivint Settle Litigation, Enter into License Agreement.

3 days ago - Business Wire

SDS Takes Home ASTORS Platinum Award, Capping Off a Year of Prestigious Accolades

ROWLEY, Mass.--(BUSINESS WIRE)-- #TakeAction--Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company and pioneer in gunshot detection systems for the commercial market, today announced i...

4 days ago - Business Wire

Shooter Detection Systems empowers communities, workplaces to deploy gunshot detection to increase safety

ROWLEY, Mass.--(BUSINESS WIRE)-- #TakeAction--Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company and provider of the world's leading gunshot detection solutions, will introduce a cam...

12 days ago - Business Wire

Alarm.com Reports Third Quarter 2023 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Reports Third Quarter 2023 Results.

7 weeks ago - Business Wire

Alarm.com to Participate in Upcoming Investor Conferences

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com to Participate in Upcoming Investor Conferences.

7 weeks ago - Business Wire

EnergyHub grows client VPPs across North America, breaking resource size and deployment records during the hottest summer ever recorded

EnergyHub clients called 1,800+ events – a 38% increase over 2022 – proving that VPPs can ensure grid reliability and keep customers safe and comfortable NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Record...

2 months ago - PRNewsWire

Alarm.com to Announce 2023 Third Quarter Results on November 9, 2023

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com to Announce 2023 Third Quarter Results on November 9, 2023.

2 months ago - Business Wire

GE Vernova and EnergyHub Announce Partnership to Enhance DER Management and Grid Optimization

Partnership redefines how electric utilities manage DERs, expanding visibility and enabling better orchestration of these devices Combines the grid optimization capabilities of GridOS DERMS with Energ...

3 months ago - PRNewsWire

EnergyHub to manage province-wide Peak Perks program for Ontario's Independent Electricity System Operator

Residential demand response program will enhance grid reliability and accelerate decarbonization NEW YORK, Sept. 5, 2023 /PRNewswire/ -- EnergyHub, a leading provider of grid-edge flexibility programs...

4 months ago - PRNewsWire

Arizona residents get paid to beat the heat

Arizona Public Service, Salt River Project, and Tucson Electric Power offer incentive programs to help customers save money, support the grid PHOENIX , Aug. 31, 2023 /PRNewswire/ -- Arizona is experie...

4 months ago - PRNewsWire

Alarm.com Reports Second Quarter 2023 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Reports Second Quarter 2023 Results.

5 months ago - Business Wire

EnergyHub and Tesla to support the Northeast's largest battery virtual power plant

EnergyHub's ConnectedSolutions platform is first multi-utility flexibility program in the Northeast to offer new in-app experience for Tesla Powerwall owners NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Te...

5 months ago - PRNewsWire

Alarm.com Announces Launch of Gopher Info

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com announces the launch of Gopher Info, a new AI-powered assistant for technicians and service providers that leverages large language models to improve service pr...

5 months ago - Business Wire

Alarm.com Announces Innovations to Visual Verification

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com announces new solutions that will empower monitoring station operators to make more informed decisions and expedite emergency response while supporting service ...

5 months ago - Business Wire

Alarm.com to Announce 2023 Second Quarter Results on August 9, 2023

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com to Announce 2023 Second Quarter Results on August 9, 2023.

5 months ago - Business Wire

Alarm.com Available on Android Auto™ For A Unified Car-To-Home Experience

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com announces it is one of the first smart home security platforms available on Android Auto to deliver a unified car-to-home user experience. Android™ customers no...

5 months ago - Business Wire

Alarm.com: A Great Business Model

Alarm.com Holdings Inc. ( ALRM , Financial) was founded in 2000 as a business unit within MicroStrategy Inc. ( MSTR , Financial). In 2009, Alarm.com was established as a separate company when MicroStr...

6 months ago - GuruFocus

Alarm.com Partners With New Home Co. to Launch Updated Smart Home Program

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com has partnered with California-based builder New Home Co. to power a suite of innovative smart home technology services for new homeowners as part of the launch ...

6 months ago - Business Wire

EnergyHub and EvoCharge Announce Integration with EnergyHub EV

- Partnership maximizes residential and commercial customer hardware choice for participation in utility EV programs - NEW YORK , June 5, 2023 /PRNewswire/ -- EnergyHub, the industry's most experience...

7 months ago - PRNewsWire

Akre Capital Slashes CarMax, Sells Alarm.com in 1st Quarter

Akre Capital Management recently disclosed its 13F portfolio updates for the first quarter of 2023, which ended on March 31.

Other symbols: KMX
7 months ago - GuruFocus

Alarm.com Acquires EBS, a Polish Security Communicator Manufacturer

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com (Nasdaq: ALRM) announces that it has acquired EBS, a specialist in the design and manufacturing of smart communicators that are widely deployed in international...

7 months ago - Business Wire

ENERGYHUB PARTNERS WITH EMPORIA TO MAXIMIZE UTILITY CUSTOMER HARDWARE CHOICE FOR EV MANAGED CHARGING PROGRAMS

-Faster charging that saves money for electric vehicle (EV) owners- NEW YORK , May 17, 2023 /PRNewswire/ -- A new partnership between EnergyHub, the industry's most experienced provider of distributed...

8 months ago - PRNewsWire

Alarm.com Reports First Quarter 2023 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today reported financial results for its first quarter ended March...

8 months ago - Business Wire

Alarm.com Expands AI Program with Asset Acquisition from Vintra, an AI-based Video Analytics Company

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced the acquisition of substantially all assets of Vintra, a software...

8 months ago - Business Wire

Alarm.com to Announce 2023 First Quarter Results on May 10, 2023

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that it will report 2023 first quarter financial r...

9 months ago - Business Wire