ALRM Stock Risk & Deep Value Analysis

Alarm.com Holdings Inc

DVR Score

4.2

out of 10

Proceed with Caution

What You Need to Know About ALRM Stock

We analyzed Alarm.com Holdings Inc using our deep value framework. Sign in to see our full verdict and DVR Score.

We ran ALRM through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Moderate. Here's what we found.

Updated May 7, 2026Run Fresh Analysis →

ALRM Risk Analysis & Red Flags

What Could Go Wrong

The biggest risk for Alarm.com is a sustained deceleration in organic revenue growth, potentially due to increasing competitive pressure from larger tech players or a slowdown in new property installations, leading to a de-rating of its valuation multiple from current levels.

Risk Matrix

Overall

Moderate

Financial

Low

Market

Medium

Competitive

Medium

Execution

Medium

Regulatory

Low

Red Flags

  • Q1 2026 EPS consensus ($0.60) is lower than Q4 2025 actual ($0.72), indicating potential sequential deceleration.

  • Lack of identified significant new growth catalysts that could drive exponential returns.

  • Reliance on an indirect dealer model, which could be less adaptable to rapid market shifts compared to direct-to-consumer models.

Upcoming Risk Events

  • 📅

    Q1 2026 earnings miss or weak Q2 2026 guidance

  • 📅

    Intensified competition from tech giants entering smart home security

  • 📅

    Economic downturn impacting new construction or consumer spending on upgrades

When to Reconsider

  • 🚪

    Exit if quarterly revenue growth consistently falls below 10% year-over-year.

  • 🚪

    Sell if gross or operating margins show sustained contraction over multiple quarters.

  • 🚪

    Exit if key competitors announce disruptive technologies or significant market share gains.

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Investment Thesis

Alarm.com is a stable, profitable, and cash-generative SaaS leader within the expanding smart security and property management market. Its entrenched position through a vast dealer network and comprehensive, proprietary platform provides durable competitive advantages and predictable recurring revenue growth in the mid-teens, with potential for continued margin expansion. While not a 10x opportunity, it offers a solid foundation for consistent, moderate capital appreciation.

Is ALRM Stock Undervalued?

Alarm.com (ALRM) remains a fundamentally sound company with a scalable SaaS platform, leveraging a strong indirect dealer model and proprietary technology for a stable competitive moat. While its financial health (based on historical filings and improving TTM operating margin of 13.2%) is robust, and it generates positive cash flow, the company operates in a growing but increasingly competitive smart property management sector. The available real-time intelligence indicates Q1 2026 earnings are scheduled today, with consensus EPS ($0.60) lower than the prior quarter ($0.72), reinforcing prior 'billings/revenue growth concerns'. There are no material new catalysts or strategic shifts identified that would suggest an exponential 10x return within 3-5 years for a company of its current maturity and market capitalization, which is the primary driver of its moderate score. The current market sentiment reflects these growth concerns, making a significant re-rating unlikely without substantial, unforeseen acceleration.

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ALRM Price Targets & Strategy

12-Month Target

$58.00

Bull Case

$70.00

Bear Case

$35.00

Valuation Basis

Based on 19x forward P/E applied to $3.05 est. FY26 EPS.

Entry Strategy

Dollar-cost average between $42-$46, particularly if there is a post-earnings dip not related to fundamental deterioration, considering historical support levels.

Exit Strategy

Take 50% profit at $65.00, consider stop-loss at $39.00 (below recent lows if growth concerns escalate).

Portfolio Allocation

3-5% for moderate risk tolerance, reflecting stable growth potential rather than high-risk, high-reward.

Price Targets & Strategy

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Is ALRM Financially Healthy?

Valuation

P/E Ratio

17.05

Forward P/E

11.40

EV/EBITDA

7.85

PEG Ratio

1.57

Price/Book

2.60

Price/Sales

2.34

Profitability

Gross Margin

66.15%

Operating Margin

13.22%

Net Margin

13.11%

Return on Equity

16.41%

Revenue Growth

7.59%

EPS

$2.26

Balance Sheet

Current Ratio

1.92

Quick Ratio

1.75

Debt/Equity

1.17

Total Debt

$188.81M

Cash & Equivalents

$556.62M

Cash Flow

Operating Cash Flow

$206.41M

Free Cash Flow

$181.73M

EBITDA

$193.21M

Other

Beta (Volatility)

0.79

Does ALRM Have a Competitive Moat?

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Moat Rating

🛡️ Narrow

Moat Trend

Stable

Moat Sources

3 Identified

Switching CostsIntangible Assets/IPNetwork Effects

Alarm.com's moat is durable due to high switching costs for its dealer network (who integrate deeply with the platform) and end-users (who invest in an ecosystem of devices). Its proprietary technology and expanding device compatibility further reinforce its position.

Moat Erosion Risks

  • Rapid technological advancements from tech giants that could bypass Alarm.com's ecosystem.
  • Erosion of its indirect dealer model advantage if direct-to-consumer security services gain significant traction.
  • Increased price competition reducing the profitability for service providers, potentially leading to churn from Alarm.com's platform.

ALRM Competitive Moat Analysis

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ALRM Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral (no strong bullish or bearish trends identified in the current intelligence)

Institutional Sentiment

Neutral (no recent analyst upgrades/downgrades or specific price target changes reported in the current intelligence)

Insider Activity (Form 4)

No specific Form 4 filings reported (buy or sell) in the last 90 days (Feb 7 - May 7, 2026).

Options Flow

Normal options activity (no unusual put/call ratio or large block trades indicating significant institutional positioning was reported).

Earnings Intelligence

Next Earnings

2026-05-07

Surprise Probability

Medium

Historical Earnings Pattern

Alarm.com's stock tends to react significantly to forward guidance and outlook on subscriber growth rather than just the immediate beat/miss on EPS or revenue.

Key Metrics to Watch

Revenue growth rateTotal subscriber accounts (or service provider accounts)Average Monthly Recurring Revenue (ARPU)Gross and Operating marginsQ2 2026 revenue and EPS guidance

Competitive Position

Top Competitor

ADT

Market Share Trend

Stable

Valuation vs Peers

Trading at a P/S of 2.4x forward, which is generally inline or a slight discount to higher-growth SaaS peers, but potentially a premium to traditional security service providers. Its valuation reflects its recurring revenue model and profitability, but also acknowledges its more moderate growth trajectory compared to hyper-growth SaaS companies.

Competitive Advantages

  • Extensive network of independent security dealers and service providers.
  • Comprehensive and integrated cloud-based platform for smart home and business security.
  • Proprietary technology and a robust ecosystem of compatible devices.

Market Intelligence

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What Could Drive ALRM Stock Higher?

Near-Term (0-6 months)

  • Q1 2026 Earnings Release (May 7, 2026 after market close)
  • Q2 2026 Earnings Release (Estimated early August 2026)

Medium-Term (6-18 months)

  • Expansion of dealer network and international market penetration
  • Introduction of new AI-driven features in smart home/business platform
  • Strategic partnerships with property developers or insurance companies

Long-Term (18+ months)

  • Increased adoption of comprehensive smart property management solutions across residential and commercial sectors
  • Potential for strategic acquisition by a larger technology or security firm
  • Deep integration into broader IoT ecosystems

Catalysts & Growth Drivers

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What's the Bull Case for ALRM?

  • Acceleration in subscriber growth metrics or ARPU across both residential and commercial segments.

  • Expansion of partnerships that significantly broaden its market reach or technological capabilities.

  • Successful integration of new AI/ML features that enhance its platform's value proposition.

Bull Case Analysis

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Competing with ALRM

See how Alarm.com Holdings Inc compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

Alarm.com Holdings Inc

ALRM

$2.3B4.217.0$939.8M13.1%7.6%

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How Alarm.com Holdings Inc Makes Money

Alarm.com provides a leading cloud-based software platform and hardware ecosystem for smart property management, focusing on security, automation, and energy solutions. The company primarily generates revenue by licensing its interactive security and home automation software to a vast network of independent security service providers and dealers. These partners then utilize Alarm.com's platform to offer services like remote monitoring, video surveillance, and smart device control to their residential and business customers, paying Alarm.com a recurring subscription fee for platform access. Additionally, Alarm.com sells complementary hardware, such as cameras and sensors, to its service provider partners.

Read Full Business Model Breakdown

FAQ

What is the DVR Score for Alarm.com Holdings Inc (ALRM)?

As of May 7, 2026, Alarm.com Holdings Inc has a DVR Score of 4.2 out of 10, placing it in the "Proceed with Caution" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of Alarm.com Holdings Inc?

Alarm.com Holdings Inc's market capitalization is approximately $2.3B..

What is the risk level for ALRM stock?

Our analysis rates Alarm.com Holdings Inc's overall risk as Moderate. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

What is the P/E ratio of ALRM?

Alarm.com Holdings Inc currently has a price-to-earnings (P/E) ratio of 17.0. This is in line with broader market averages.

Is Alarm.com Holdings Inc's revenue growing?

Alarm.com Holdings Inc has reported revenue growth of 7.6%. The company is growing at a moderate pace.

Is ALRM stock profitable?

Alarm.com Holdings Inc has a profit margin of 13.1%. The company is profitable but margins are modest.

How often is the ALRM DVR analysis updated?

Our AI-powered analysis of Alarm.com Holdings Inc is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on May 7, 2026.

Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for ALRM (Alarm.com Holdings Inc) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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