Alarm.com (ALRM) Stock Forecast, Price Target & Predictions
ALRM Stock Forecast
Alarm.com stock forecast is as follows: an average price target of $74.40 (represents a 23.59% upside from ALRM’s last price of $60.20) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
ALRM Price Target
The average price target for Alarm.com (ALRM) is $74.40 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $65.00. This represents a potential 23.59% upside from ALRM's last price of $60.20.
ALRM Analyst Ratings
According to 6 Wall Street analysts, Alarm.com's rating consensus is 'Buy'. The analyst rating breakdown for ALRM stock is 1 'Strong Buy' (16.67%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Alarm.com Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 08, 2024 | Saket Kalia | Barclays | $67.00 | $63.92 | 4.81% | 11.30% |
| Nov 05, 2024 | Samad Samana | Jefferies | $65.00 | $55.80 | 16.49% | 7.97% |
| Sep 19, 2023 | Darren Aftahi | Roth Capital | $67.00 | $59.89 | 11.87% | 11.30% |
| Aug 11, 2022 | - | Maxim Group | $90.00 | $74.73 | 20.43% | 49.50% |
| Aug 10, 2022 | - | Barclays | $75.00 | $72.04 | 4.11% | 24.58% |
| Aug 10, 2022 | - | Roth Capital | $81.00 | $72.04 | 12.44% | 34.55% |
| Aug 10, 2022 | - | Raymond James | $83.00 | $72.04 | 15.21% | 37.87% |
The latest Alarm.com stock forecast, released on Nov 08, 2024 by Saket Kalia from Barclays, set a price target of $67.00, which represents a 4.81% increase from the stock price at the time of the forecast ($63.92), and a 11.30% increase from ALRM last price ($60.20).
Alarm.com Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 2 |
| Avg Price Target | $66.00 | $66.00 | $66.00 |
| Last Closing Price | $60.20 | $60.20 | $60.20 |
| Upside/Downside | 9.63% | 9.63% | 9.63% |
In the current month, the average price target of Alarm.com stock is $66.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 9.63% increase as opposed to Alarm.com's last price of $60.20. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 05, 2024 | Jefferies | - | Buy | Initialise |
| Sep 06, 2024 | Goldman Sachs | - | Neutral | Initialise |
| Aug 11, 2022 | Maxim Group | Buy | Buy | Hold |
| Aug 10, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 10, 2022 | Roth Capital | Buy | Buy | Hold |
| Aug 10, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
| Feb 28, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Feb 25, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
Alarm.com's last stock rating was published by Jefferies on Nov 05, 2024. The company Initialise its ALRM rating from "null" to "Buy".
Alarm.com Financial Forecast
Alarm.com Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $221.85M | $223.88M | $209.72M | $208.14M | $216.14M | $212.84M | $205.44M | $195.29M | $192.32M | $188.86M | $172.50M | $165.58M | $158.85M | $141.64M | $151.94M | $140.49M | $127.88M |
| Avg Forecast | $253.62M | $257.11M | $251.44M | $241.77M | $248.64M | $248.24M | $243.87M | $237.26M | $237.45M | $231.39M | $227.35M | $219.36M | $224.93M | $223.65M | $214.50M | $207.28M | $207.37M | $211.68M | $207.96M | $192.02M | $174.47M | $176.81M | $162.64M | $154.25M | $146.04M | $129.51M | $118.64M | $125.36M | $113.60M | $114.62M |
| High Forecast | $254.87M | $258.38M | $252.68M | $242.97M | $249.87M | $249.47M | $245.07M | $237.92M | $238.14M | $231.64M | $227.35M | $220.07M | $225.97M | $227.47M | $215.56M | $208.30M | $208.39M | $211.68M | $207.96M | $192.02M | $174.47M | $176.81M | $162.64M | $154.25M | $146.04M | $129.51M | $118.64M | $125.36M | $113.60M | $114.62M |
| Low Forecast | $252.50M | $255.97M | $250.33M | $240.71M | $247.55M | $247.15M | $242.79M | $236.03M | $237.23M | $231.13M | $227.35M | $218.64M | $224.22M | $216.64M | $213.56M | $206.36M | $206.45M | $211.68M | $207.96M | $192.02M | $174.47M | $176.81M | $162.64M | $154.25M | $146.04M | $129.51M | $118.64M | $125.36M | $113.60M | $114.62M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.04% | 1.01% | 1.00% | 1.02% | 1.02% | 1.07% | 1.12% | 1.09% | 1.16% | 1.12% | 1.13% | 1.23% | 1.19% | 1.21% | 1.24% | 1.12% |
Alarm.com's average Quarter revenue forecast for Dec 23 based on 4 analysts is $224.93M, with a low forecast of $224.22M, and a high forecast of $225.97M. ALRM's average Quarter revenue forecast represents a 1.39% increase compared to the company's last Quarter revenue of $221.85M (Sep 23).
Alarm.com EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.54M | $29.34M | $24.59M | $27.14M | $26.73M | $20.58M | $17.18M | $18.82M | $27.33M | $24.95M | $22.96M | $22.30M | $50.27M | $22.51M | $17.27M | $18.02M | $28.27M |
| Avg Forecast | $39.16M | $39.70M | $38.82M | $37.33M | $38.39M | $38.33M | $37.66M | $36.63M | $36.66M | $35.73M | $35.11M | $17.19M | $34.73M | $34.53M | $33.12M | $15.62M | $13.59M | $33.41M | $32.82M | $14.20M | $27.54M | $27.90M | $25.67M | $15.71M | $23.05M | $20.44M | $18.72M | $13.21M | $17.93M | $18.09M |
| High Forecast | $39.35M | $39.90M | $39.02M | $37.52M | $38.58M | $38.52M | $37.84M | $36.74M | $36.77M | $35.77M | $35.11M | $20.62M | $34.89M | $35.12M | $33.29M | $18.75M | $16.30M | $33.41M | $32.82M | $17.04M | $27.54M | $27.90M | $25.67M | $18.85M | $23.05M | $20.44M | $18.72M | $15.85M | $17.93M | $18.09M |
| Low Forecast | $38.99M | $39.53M | $38.65M | $37.17M | $38.22M | $38.16M | $37.49M | $36.45M | $36.63M | $35.69M | $35.11M | $13.75M | $34.62M | $33.45M | $32.98M | $12.50M | $10.87M | $33.41M | $32.82M | $11.36M | $27.54M | $27.90M | $25.67M | $12.57M | $23.05M | $20.44M | $18.72M | $10.57M | $17.93M | $18.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.89% | 1.57% | 2.00% | 0.80% | 0.63% | 1.21% | 0.68% | 0.98% | 0.97% | 1.46% | 0.97% | 2.46% | 1.20% | 1.31% | 1.01% | 1.56% |
4 analysts predict ALRM's average Quarter EBITDA for Dec 23 to be $34.73M, with a high of $34.89M and a low of $34.62M. This is 13.73% upper than Alarm.com's previous annual EBITDA (Sep 23) of $30.54M.
Alarm.com Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.52M | $15.80M | $14.42M | $18.09M | $18.33M | $10.84M | $9.08M | $8.84M | $13.54M | $14.74M | $14.83M | $15.97M | $36.08M | $17.00M | $8.81M | $13.04M | $17.69M |
| Avg Forecast | $39.11M | $38.80M | $37.16M | $36.89M | $35.87M | $36.99M | $34.22M | $30.41M | $31.95M | $29.23M | $29.42M | $8.99M | $28.22M | $25.11M | $21.59M | $8.17M | $6.60M | $28.43M | $23.36M | $7.43M | $18.27M | $21.47M | $22.25M | $10.15M | $15.21M | $17.82M | $17.45M | $6.73M | $18.53M | $18.19M |
| High Forecast | $39.37M | $39.05M | $37.40M | $37.13M | $36.10M | $37.23M | $34.44M | $35.28M | $33.79M | $29.44M | $29.42M | $10.79M | $30.57M | $26.99M | $21.73M | $9.81M | $7.92M | $28.43M | $23.36M | $8.91M | $18.27M | $21.47M | $22.25M | $12.18M | $15.21M | $17.82M | $17.45M | $8.08M | $18.53M | $18.19M |
| Low Forecast | $38.89M | $38.58M | $36.95M | $36.68M | $35.66M | $36.78M | $34.03M | $27.37M | $30.72M | $29.03M | $29.42M | $7.19M | $27.04M | $21.97M | $21.46M | $6.54M | $5.28M | $28.43M | $23.36M | $5.94M | $18.27M | $21.47M | $22.25M | $8.12M | $15.21M | $17.82M | $17.45M | $5.39M | $18.53M | $18.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.73% | 1.76% | 2.74% | 0.64% | 0.46% | 1.22% | 0.48% | 0.63% | 0.66% | 1.46% | 1.05% | 2.02% | 0.97% | 1.31% | 0.70% | 0.97% |
Alarm.com's average Quarter net income forecast for Dec 23 is $28.22M, with a range of $27.04M to $30.57M. ALRM's average Quarter net income forecast represents a 44.52% increase compared to the company's last Quarter net income of $19.52M (Sep 23).
Alarm.com SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.32M | $52.57M | $55.14M | $48.94M | $51.07M | $52.24M | $47.19M | $47.15M | $41.25M | $43.80M | $41.88M | $46.57M | $35.82M | $34.28M | $37.94M | $36.60M | $33.23M |
| Avg Forecast | $62.05M | $62.91M | $61.52M | $59.16M | $60.84M | $60.74M | $59.67M | $58.05M | $58.10M | $56.61M | $55.63M | $46.71M | $55.03M | $54.72M | $52.48M | $42.47M | $34.03M | $51.79M | $50.88M | $38.61M | $42.69M | $43.26M | $39.79M | $28.66M | $35.73M | $31.69M | $29.03M | $29.01M | $27.79M | $28.04M |
| High Forecast | $62.36M | $63.22M | $61.82M | $59.45M | $61.14M | $61.04M | $59.96M | $58.21M | $58.27M | $56.68M | $55.63M | $56.06M | $55.29M | $55.66M | $52.74M | $50.96M | $40.84M | $51.79M | $50.88M | $46.33M | $42.69M | $43.26M | $39.79M | $34.39M | $35.73M | $31.69M | $29.03M | $34.82M | $27.79M | $28.04M |
| Low Forecast | $61.78M | $62.63M | $61.25M | $58.89M | $60.57M | $60.47M | $59.40M | $57.75M | $58.04M | $56.55M | $55.63M | $37.37M | $54.86M | $53.01M | $52.25M | $33.97M | $27.23M | $51.79M | $50.88M | $30.89M | $42.69M | $43.26M | $39.79M | $22.92M | $35.73M | $31.69M | $29.03M | $23.21M | $27.79M | $28.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.30% | 1.44% | 0.99% | 1.03% | 1.22% | 1.10% | 0.95% | 1.10% | 1.46% | 1.30% | 1.13% | 1.18% | 1.31% | 1.32% | 1.19% |
Alarm.com's average Quarter SG&A projection for Dec 23 is $55.03M, based on 4 Wall Street analysts, with a range of $54.86M to $55.29M. The forecast indicates a -0.51% fall compared to ALRM last annual SG&A of $55.32M (Sep 23).
Alarm.com EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.39 | $0.32 | $0.29 | $0.36 | $0.37 | $0.22 | $0.18 | $0.18 | $0.27 | $0.30 | $0.30 | $0.32 | $0.74 | $0.35 | $0.18 | $0.27 | $0.36 |
| Avg Forecast | $0.65 | $0.65 | $0.62 | $0.62 | $0.60 | $0.62 | $0.57 | $0.51 | $0.53 | $0.49 | $0.49 | $0.49 | $0.47 | $0.42 | $0.36 | $0.31 | $0.43 | $0.50 | $0.41 | $0.33 | $0.32 | $0.38 | $0.39 | $0.38 | $0.27 | $0.31 | $0.31 | $0.34 | $0.33 | $0.32 |
| High Forecast | $0.66 | $0.65 | $0.63 | $0.62 | $0.60 | $0.62 | $0.58 | $0.59 | $0.57 | $0.49 | $0.49 | $0.49 | $0.51 | $0.45 | $0.36 | $0.31 | $0.43 | $0.50 | $0.41 | $0.33 | $0.32 | $0.38 | $0.39 | $0.38 | $0.27 | $0.31 | $0.31 | $0.34 | $0.33 | $0.32 |
| Low Forecast | $0.65 | $0.65 | $0.62 | $0.61 | $0.60 | $0.62 | $0.57 | $0.46 | $0.51 | $0.49 | $0.49 | $0.49 | $0.45 | $0.37 | $0.36 | $0.31 | $0.42 | $0.50 | $0.41 | $0.33 | $0.32 | $0.38 | $0.39 | $0.38 | $0.27 | $0.31 | $0.31 | $0.34 | $0.33 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.89% | 0.94% | 0.85% | 0.74% | 0.53% | 0.55% | 0.56% | 0.71% | 0.76% | 0.79% | 1.19% | 2.35% | 1.14% | 0.53% | 0.83% | 1.12% |
According to 4 Wall Street analysts, Alarm.com's projected average Quarter EPS for Dec 23 is $0.47, with a low estimate of $0.45 and a high estimate of $0.51. This represents a 21.03% increase compared to ALRM previous annual EPS of $0.39 (Sep 23).
Alarm.com Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ONTF | ON24 | $6.25 | $18.00 | 188.00% | - |
| AMSWA | American Software | $10.95 | $15.50 | 41.55% | Buy |
| PYCR | Paycor HCM | $16.40 | $22.00 | 34.15% | Hold |
| ALRM | Alarm.com | $60.20 | $74.40 | 23.59% | Buy |
| ALKT | Alkami | $37.75 | $45.67 | 20.98% | Buy |
| APPF | AppFolio | $230.65 | $278.00 | 20.53% | Buy |
| PCTY | Paylocity | $195.28 | $218.64 | 11.96% | Buy |
| AGYS | Agilysys | $125.78 | $116.20 | -7.62% | Buy |
| CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |