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Robotics Stock's 4D Imaging Radar Can Increase Opportunities, Analyst Says
Research Report

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Arbe Robotics Ltd.'s "4D imaging radar can gain share in the existing multi-billion-dollar automotive radar market and grow in the diversifying non-automotive markets as well," according to a Roth MKM research note.

In an April 3 research note, Roth MKM analyst Suji Desilva commented on Arbe Robotics Ltd.'s (ARBE:NASDAQ) high-tech radar system for cars called 4D imaging radar.

Desilva stated, "We believe that ARBE’s advanced 4D imaging radar can gain share in the existing multi-billion-dollar automotive radar market and grow in the diversifying non-automotive markets as well." They noted that it is promising to see that the company is working with several potential customers who are interested in using their 4D imaging radar technology in 2024. 

The report noted that Desilva believes Arbe is "well positioned for advanced radar opportunities," spanning various end market and geographic opportunities in CY24. 

Arbe has been working with well-known Chinese car part makers for a long time. Desilva thinks that these partnerships could lead to success as Chinese automotive companies look to use high-quality radar technology in their vehicles. Desilva also pointed out that Arbe "remains engaged with multiple global auto OEMs that are increasingly focusing on advanced ADAS platforms and models."

With this, Desilva maintained their Buy rating and increased their price target on the company from US$2 to US$4. 

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  1. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

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Disclosures for Roth MKM, Arbe Robotics Ltd., April 3, 2024

Regulation Analyst Certification ("Reg AC"): The research analyst primarily responsible for the content of this report certifies the following under Reg AC: I hereby certify that all views expressed in this report accurately reflect my personal views about the subject company or companies and its or their securities. I also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed in this report.

Disclosures: Within the last twelve months, ROTH Capital Partners, or an affiliate to ROTH Capital Partners, has received compensation for investment banking services from Arbe Robotics, Ltd.. ROTH makes a market in shares of Arbe Robotics, Ltd. and as such, buys and sells from customers on a principal basis. Shares of Arbe Robotics, Ltd. may be subject to the Securities and Exchange Commission's Penny Stock Rules, which may set forth sales practice requirements for certain low-priced securities.

ROTH Capital Partners, LLC expects to receive or intends to seek compensation for investment banking or other business
relationships with the covered companies mentioned in this report in the next three months. The material, information and
facts discussed in this report other than the information regarding ROTH Capital Partners, LLC and its affiliates, are from
sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This report should not be used
as a complete analysis of the company, industry or security discussed in the report. Additional information is available upon
request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this report are
subject to change without notice. An investment in the stock may involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements. Additionally, an investment in the stock may involve a high
degree of risk and may not be suitable for all investors. No part of this report may be reproduced in any form without the
express written permission of ROTH. Copyright 2024. Member: FINRA/SIPC.

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