Roth MKM analyst Suji Desilva lowered the firm’s price target on Arbe Robotics (ARBE) to $3 from $5 and keeps a Buy rating on the shares. Reflecting delayed automotive platform decisions, Arbe guided to a muted 2025 revenue outlook with the opportunity to ramp late in the year in some non-auto programs, the firm says. The company guided for a similar EBITDA loss for 2025 on a year-over-year basis. With the recent funding, Roth believes the company is funded to execute its operating plan.
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