Arlo Technologies (NYSE:ARLO) Stock Rating Raised to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Arlo Technologies to “strong-buy” from “buy.” Overall, analysts rate the stock “Moderate Buy,” with five Buy ratings, two Holds and an average price target of $20.60.
• Arlo reported quarterly EPS of $0.28, beating estimates of $0.20, while revenue reached $155.94 million and rose 20.5% year over year. The company issued fiscal 2026 EPS guidance of $0.90–$1.00.
• Arlo shares opened at $12.41, versus a 12-month range of $11.05 to $19.94, giving the company a market capitalization of about $1.35 billion. Institutional investors own 83.18% of the stock, while insiders have sold shares recently.

Arlo Technologies (NYSE:ARLO - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other analysts also recently weighed in on ARLO. William Blair assumed coverage on shares of Arlo Technologies in a research report on Tuesday, July 7th. They issued an "outperform" rating on the stock. Piper Sandler lifted their price objective on shares of Arlo Technologies from $17.00 to $18.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Finally, Weiss Ratings cut shares of Arlo Technologies from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $20.60.

Arlo Technologies Stock Up 2.1%

Shares of Arlo Technologies stock opened at $12.41 on Friday. Arlo Technologies has a 12 month low of $11.05 and a 12 month high of $19.94. The business has a fifty day simple moving average of $13.48 and a 200 day simple moving average of $13.51. The stock has a market cap of $1.35 billion, a PE ratio of 45.95 and a beta of 1.60.

Arlo Technologies (NYSE:ARLO - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.08. Arlo Technologies had a return on equity of 17.29% and a net margin of 5.20%. The firm had revenue of $155.94 million for the quarter, compared to analyst estimates of $148.94 million. During the same quarter in the prior year, the firm posted $0.17 earnings per share. The company's quarterly revenue was up 20.5% on a year-over-year basis. Arlo Technologies has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at 0.170-0.230 EPS. Analysts expect that Arlo Technologies will post 0.12 EPS for the current fiscal year.

Insider Transactions at Arlo Technologies

In other Arlo Technologies news, CFO Kurtis Binder sold 83,211 shares of the stock in a transaction dated Monday, September 28th. The stock was sold at an average price of $12.44, for a total value of $1,035,144.84. Following the completion of the sale, the chief financial officer directly owned 358,899 shares in the company, valued at $4,464,703.56. This represents a 18.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 137,837 shares of company stock valued at $1,836,543 over the last ninety days. 2.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Arlo Technologies

Several institutional investors have recently modified their holdings of the business. GAMMA Investing LLC grew its position in shares of Arlo Technologies by 15.7% in the 3rd quarter. GAMMA Investing LLC now owns 6,647 shares of the company's stock valued at $82,000 after purchasing an additional 904 shares during the period. Tidal Investments LLC raised its holdings in Arlo Technologies by 11.3% during the 2nd quarter. Tidal Investments LLC now owns 128,332 shares of the company's stock worth $1,730,000 after buying an additional 13,033 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Arlo Technologies during the 2nd quarter worth approximately $29,000. Baird Financial Group Inc. lifted its stake in Arlo Technologies by 17.5% in the second quarter. Baird Financial Group Inc. now owns 15,715 shares of the company's stock valued at $212,000 after buying an additional 2,341 shares in the last quarter. Finally, Amundi lifted its stake in Arlo Technologies by 17.4% in the second quarter. Amundi now owns 71,228 shares of the company's stock valued at $960,000 after buying an additional 10,577 shares in the last quarter. Institutional investors own 83.18% of the company's stock.

Arlo Technologies Company Profile

Arlo Technologies, Inc develops connected smart home security products and services. Its portfolio includes wire-free and wired security cameras, video doorbells, floodlight cameras, baby monitors and related accessories designed for residential and small-business use.

The company combines its hardware with cloud-based software and subscription services, including Arlo Secure. These services provide features such as video storage, activity notifications, person, vehicle and package detection, emergency response options and other monitoring and security capabilities, depending on the product and service plan.

Arlo was established as a standalone company following its separation from Netgear and became an independent publicly traded company in 2018.

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