Piper Sandler Raises Arlo Technologies (NYSE:ARLO) Price Target to $18.00

Key Points

• Piper Sandler raised Arlo Technologies’ price target to $18 from $17 and maintained an “overweight” rating, implying 15.79% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with a consensus target of $20.83.
• Arlo reported quarterly EPS of $0.28, beating the $0.20 estimate, while revenue of $155.94 million exceeded expectations and rose 20.5% year over year. The company also issued stronger-than-expected third-quarter and full-year 2026 guidance.
• The stock traded near $15.54, but its valuation remains elevated at about 58 times earnings. The CFO sold shares under a pre-arranged Rule 10b5-1 plan, while institutional investors own 83.18% of the company.

Arlo Technologies (NYSE:ARLO - Get Free Report) had its price objective boosted by equities research analysts at Piper Sandler from $17.00 to $18.00 in a report released on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Piper Sandler's target price would suggest a potential upside of 15.79% from the stock's previous close.

Other equities research analysts also recently issued reports about the company. UBS Group set a $20.00 target price on Arlo Technologies in a research report on Monday, May 18th. Oppenheimer began coverage on shares of Arlo Technologies in a report on Monday, May 18th. They issued an "outperform" rating and a $20.00 price target on the stock. William Blair began coverage on shares of Arlo Technologies in a research report on Tuesday, July 7th. They set an "outperform" rating on the stock. Weiss Ratings lowered shares of Arlo Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $19.00 price objective on shares of Arlo Technologies in a research note on Friday, May 8th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Arlo Technologies has an average rating of "Moderate Buy" and a consensus target price of $20.83.

Arlo Technologies Stock Performance

Shares of Arlo Technologies stock traded up $0.07 on Friday, reaching $15.54. The stock had a trading volume of 948,499 shares, compared to its average volume of 1,340,638. The business's 50-day moving average price is $13.35 and its two-hundred day moving average price is $13.45. The stock has a market cap of $1.69 billion, a P/E ratio of 57.78 and a beta of 1.56. Arlo Technologies has a fifty-two week low of $11.05 and a fifty-two week high of $19.94.

Arlo Technologies (NYSE:ARLO - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.08. The company had revenue of $155.94 million during the quarter, compared to analysts' expectations of $148.94 million. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The business's quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.17 earnings per share. 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. As a group, equities analysts forecast that Arlo Technologies will post 0.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Arlo Technologies

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 27,297 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $15.52, for a total value of $423,649.44. Following the transaction, the chief financial officer directly owned 442,110 shares in the company, valued at approximately $6,861,547.20. This trade represents a 5.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,775 shares of company stock valued at $845,139 over the last ninety days. Insiders own 2.90% of the company's stock.

Hedge Funds Weigh In On Arlo Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in Arlo Technologies in the second quarter valued at about $235,992,000. Vanguard Group Inc. raised its position in shares of Arlo Technologies by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 10,691,336 shares of the company's stock valued at $149,572,000 after acquiring an additional 32,770 shares during the period. Brandes Investment Partners LP boosted its stake in Arlo Technologies by 27.6% during the 4th quarter. Brandes Investment Partners LP now owns 8,198,707 shares of the company's stock worth $114,700,000 after acquiring an additional 1,772,063 shares during the last quarter. Wasatch Advisors LP increased its stake in Arlo Technologies by 9.0% in the second quarter. Wasatch Advisors LP now owns 5,915,935 shares of the company's stock valued at $79,747,000 after purchasing an additional 489,668 shares in the last quarter. Finally, State Street Corp increased its stake in Arlo Technologies by 5.3% in the second quarter. State Street Corp now owns 4,272,925 shares of the company's stock valued at $72,469,000 after purchasing an additional 215,867 shares in the last quarter. 83.18% of the stock is owned by institutional investors.

Trending Headlines about Arlo Technologies

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Quarterly results beat estimates. Arlo reported second-quarter 2026 adjusted EPS of $0.28, versus the $0.20 consensus estimate, while revenue reached $155.94 million, above expectations of $148.94 million. EPS rose from $0.17 a year earlier, and revenue increased 20.5% year over year. Arlo Technologies Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Optimistic forward guidance was a key catalyst. Arlo forecast third-quarter revenue of $140 million to $150 million and EPS of $0.17 to $0.23, above consensus estimates of $133.2 million and $0.14, respectively. Full-year 2026 revenue guidance of $580 million to $600 million and EPS guidance of $0.90 to $1.00 also exceeded analyst expectations of $565.7 million and $0.71. Arlo Reports Upbeat Q2 Results and Optimistic Guidance
• Neutral Sentiment: Arlo’s profitability remains positive, with a reported net margin of 5.47% and return on equity of 18.66%. However, its valuation remains elevated at roughly 57 times earnings, leaving the stock sensitive to any slowdown in growth or weaker guidance.
• Negative Sentiment: CFO insider selling could temper investor enthusiasm. CFO Kurtis Joseph Binder sold 27,297 shares for approximately $423,649 and 13,971 shares for about $209,705. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan, which reduces their significance as a discretionary bearish signal, but the sales may still attract attention. Arlo CFO Sells Stock

About Arlo Technologies

Arlo Technologies, Inc NYSE: ARLO is a provider of smart home security products and services designed for residential and small business customers. The company offers a portfolio of wireless and Wi-Fi-enabled security cameras, video doorbells, smart lighting solutions, and associated accessories. Arlo integrates advanced video analytics, motion detection, cloud storage, and two-way audio capabilities to deliver end-to-end security and monitoring solutions accessible through mobile applications and web interfaces.

Founded as a division of Netgear, Inc in 2014 and spun off as an independent public company in 2018, Arlo Technologies has established a presence in North America, Europe, Australia and parts of Asia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source