Raymond James analyst Adam Tindle lowered the firm’s price target on Alarm.com (ALRM) to $80 from $85 and keeps a Strong Buy rating on the shares. Alarm.com’s Q1 results exceeded the firm’s expectations on growth metrics, with increased profitability guidance for fiscal 2025 suggesting that EBITDA margin will move toward 20%, the analyst tells investors in a research note. Raymond James sees multiple levers for incremental value creation through continued share repurchases and strategic M&A to accelerate growth catalysts and further business diversification.
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Read More on ALRM:
- Balanced Outlook for Alarm: Strong SaaS Growth Amidst Hardware Challenges and Cost Pressures
- Alarm.com Reports Strong Q1 2025 Results
- Alarm.com reports Q1 adjusted EPS 54c, consensus 48c
- Alarm.com sees Q2 SaaS and license revenue $167M-$167.2M
- Alarm.com sees FY25 revenue $975.8M-$991.2M, consensus $978.81M