ARB IOT Group - ARBB Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $8.00
  • Forecasted Upside: 647.66%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$1.07
▼ -0.01 (-0.93%)

This chart shows the closing price for ARBB by one month, three months, or twelve months.

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Analyst Price Target for ARBB

Analyst Price Target is $8.00
▲ +647.66% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for ARB IOT Group in the last 3 months. The average price target is $8.00, with a high forecast of $8.00 and a low forecast of $8.00. The average price target represents a 647.66% upside from the last price of $1.07.

This chart shows the closing price for ARBB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in ARB IOT Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/5/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/3/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/4/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/29/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/29/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/28/2023Maxim GroupInitiated CoverageBuy$8.00Low
(Data available from 4/28/2019 forward)

News Sentiment Rating

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2023
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
10/31/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/30/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/30/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/29/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/28/2024
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
3/29/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2024

Current Sentiment

  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
ARB IOT Group logo
ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors. The company offers IoT smart agriculture solutions, such as designing the layout of the smart farm for the application and integration of IoT in farming and hydroponics, which includes the procurement of sensors and surveillance cameras, as well as other hardware for farm; designing of software to enable transfer of data from the smart farm to a cloud server, which can then be accessed remotely through smart devices; installing, testing, and commissioning of the hardware and software; and after-sales services comprising data analytics and periodic maintenance services. In addition, it provides IoT system development solutions, including procuring, supplying, and delivering industrial building systems for construction projects; and IoT gadget distribution solutions comprising supply chain and distribution of smart phones, accessories, and ICT and IoT products, as well as provides shipping tracking and status updates, customer care line, online chat support, digital marketing, pre-installation, and warranty services. The company was incorporated in 2022 and is based in Kuala Lumpur, Malaysia. ARB IOT Group Limited is a subsidiary of ARB Berhad.
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Today's Range

Now: $1.07
Low: $1.01
High: $1.08

50 Day Range

MA: $1.39
Low: $0.95
High: $2.52

52 Week Range

Now: $1.07
Low: $0.70
High: $5.19

Volume

57,192 shs

Average Volume

76,416 shs

Market Capitalization

$28.29 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of ARB IOT Group?

The following equities research analysts have issued stock ratings on ARB IOT Group in the last twelve months: Maxim Group.
View the latest analyst ratings for ARBB.

What is the current price target for ARB IOT Group?

1 Wall Street analysts have set twelve-month price targets for ARB IOT Group in the last year. Their average twelve-month price target is $8.00, suggesting a possible upside of 647.7%. Maxim Group has the highest price target set, predicting ARBB will reach $8.00 in the next twelve months. Maxim Group has the lowest price target set, forecasting a price of $8.00 for ARB IOT Group in the next year.
View the latest price targets for ARBB.

What is the current consensus analyst rating for ARB IOT Group?

ARB IOT Group currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ARBB will outperform the market and that investors should add to their positions of ARB IOT Group.
View the latest ratings for ARBB.

What other companies compete with ARB IOT Group?

Other companies that are similar to ARB IOT Group include Creative Realities, Ebix, The9, Sequans Communications and Hanryu. Learn More about companies similar to ARB IOT Group.

How do I contact ARB IOT Group's investor relations team?

The company's listed phone number is 60-3-2276-1143. The official website for ARB IOT Group is www.arbiotgroup.com. Learn More about contacing ARB IOT Group investor relations.