Latch Inc., a New York-based building security software developer, is going public via a special purpose acquisition company (SPAC). Here's what we know so far about the deal.
The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on nine different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.
We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
| Latest market close | $0.14 |
|---|---|
| 52-week range | $0.10 - $0.84 |
| 50-day moving average | $0.17 |
| 200-day moving average | $0.28 |
| Wall St. target price | $5.50 |
| PE ratio | N/A |
| Dividend yield | N/A |
| Earnings per share (TTM) | $-0.42 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $0.14 from 2025-05-02
| 1 week (2025-04-28) | 0.14 |
|---|---|
| 1 month (2025-04-04) | 0.14 |
| 3 months (2025-02-06) | 0.14 |
| 6 months (2024-11-06) | -54.98% |
| 1 year (2024-05-06) | -65.00% |
|---|---|
| 2 years (2023-05-05) | -81.33% |
| 3 years (2022-05-05) | 3.19 |
| 5 years (2020-05-02) | N/A |
| Revenue TTM | $45 million |
|---|---|
| Gross profit TTM | $12.3 million |
| Return on assets TTM | -20.43% |
| Return on equity TTM | -52.47% |
| Profit margin | -239.19% |
| Book value | $0.96 |
| Market Capitalization | $22.5 million |
TTM: trailing 12 months
We're not expecting Latch Inc to pay a dividend over the next 12 months.
You may also wish to consider:
Over the last 12 months, Latch Inc's shares have ranged in value from as little as $0.1 up to $0.84. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Latch Inc's is 1.309. This would suggest that Latch Inc's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put Latch Inc's beta into context you can compare it against those of similar companies.
Latch, Inc. , together with its subsidiaries, operates as a technology company in the United States and Canada. The company offers the Latch Platform, a cloud-based software-as-a-service platform to address the access requirements of modern multifamily buildings. Its software products include Mission Control, a web-based application that allows property managers to enable move-ins, control access sharing, resolve issues remotely, manage rental unit turnover, monitor and control IoT devices, and ensure their residents are secure; Latch Manager App, the mobile application version of Mission Control; Latch App, which is used by residents to unlock doors, give access to guests or service providers, control and manage smart home devices, and interact and communicate with property managers or consumer services; Concierge Pro, a remote receptionist for deliveries; and Open Kit, which supports third-party software workflows around resident move-in and move-out. The company also offers hardware devices that include M, C, and R series, which are door or wall mounted access control products that interface with industry-standard lock hardware; Latch Intercom and Latch Link, which allows audio and video calls for remote unlocking; Latch Camera, a dome camera; and Latch Field Station, an all-in-one connectivity solution that enables smart access, smart home, and sensor devices. It serves real estate developers, builders, building owners and property managers in the multifamily market. Latch, Inc.
Track the progress of the S&P 500 stocks to make more informed investment decisions.
See our picks for the best brokers for trading S&P 500 stocks, ETFs, options and futures.
These are the stocks to buy when you don’t have much to spend.
Explore the best bonuses for opening a new brokerage account.
Stock lending allows investors to loan out their existing stocks, although it has both advantages and disadvantages.
Compare pros, cons, research tools and reviews for these two trading platforms.
Some of the best trading apps like Robinhood are SoFi, Tastytrade, Public, eToro, Acorns, Interactive Brokers, E*TRADE and more.
Compare pros, cons, research tools and reviews for these two trading platforms.
SoFi Invest is a no-fee commissions platform with both active and automated investment accounts.
Webull is a broker with zero-commission trading and a suite of tools to help you invest.