Arlo Technologies, Inc. provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular network Internet connection in the Americas, Europe, the Middle-East and Africa, and the Asia Pacific regions. It offers Arlo Security Camera, a battery-operated Wi-Fi security camera; Arlo Q and Arlo Q Plus, an indoor wired solution that allow users to monitor their surroundings; Arlo Pro, a battery-operated weather-resistant Wi-Fi camera; Arlo Go, an LTE-enabled wire-free camera that provides untethered mobile monitoring; and Arlo Baby, a baby monitor with air quality and temperature sensors, motion and audio detection, and advanced night vision. The company also offers Arlo Pro 2, a battery-operated weather-resistant Wi-Fi camera with advancements in sound and motion detection; Arlo Security Light, a wire-free lighting product; and accessories, such as charging accessories, device mounts, and device skins. In addition, it provides Arlo app that allow users to access a live view of their camera feeds; and prepaid services, including even-day cloud video storage with the ability to connect up to five cameras and 90 days of customer support. The company offers its products through retail channels, wholesale distribution and wireless carrier channels, and paid subscription services through in-app purchases. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in San Jose, California. Arlo Technologies, Inc. is a subsidiary of NETGEAR, Inc.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Household audio & video equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:ARLO
CUSIPN/A
Phone408-907-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.63
Quick Ratio0.80
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$370.65 million
Price / Sales2.81
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees319
Outstanding Shares72,710,000
Market Cap$1.08 billion
Arlo Technologies (NYSE:ARLO) Frequently Asked Questions
What is Arlo Technologies' stock symbol?
Arlo Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARLO."
What price target have analysts set for ARLO?
6 brokerages have issued 1-year price targets for Arlo Technologies' stock. Their predictions range from $24.00 to $39.00. On average, they anticipate Arlo Technologies' stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 102.5% from the stock's current price. View Analyst Price Targets for Arlo Technologies.
What is the consensus analysts' recommendation for Arlo Technologies?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arlo Technologies in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arlo Technologies.
What are Wall Street analysts saying about Arlo Technologies stock?
Here are some recent quotes from research analysts about Arlo Technologies stock:
- 1. Guggenheim analysts commented, "We initiate coverage of ARLO at NEUTRAL with our $26 price target >60% above its $16 IPO price but simply seeing even more upside from now buying it through spin-out parent NETGEAR (NTGR, BUY, $73.75). ARLO has #1 market share in smart home security cameras and we believe meaningful runway to keep growing not only units but also new recurring subscription services that can leverage its >2mil user installed base, cloud connectivity+storage and AI-based services that start applying machine learning/computer vision to its millions of daily video streams. Investing in ambitious growth – Our PT is based on 2.9x the range of comparable consumer tech companies (see Fig 6)." (8/28/2018)
- 2. Imperial Capital analysts commented, "We are initiating coverage of ARLO shares with an Outperform rating and a one-year price target of $39. Our price target is about 70% above the recent share price. California, ARLO is the leading provider of do-it-yourself (DIY) cameras in North America retail. With over 8.6 million devices shipped, and over 2.2 million registered users, Arlo controls 48% market share, as of July 2018, based on dollar sales in the U.S. consumer market. Initial Public Offering terms and use of proceeds." (8/28/2018)
Are investors shorting Arlo Technologies?
Arlo Technologies saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 4,384,532 shares, an increase of ∞ from the July 31st total of 0 shares. Based on an average daily volume of 1,767,727 shares, the days-to-cover ratio is presently 2.5 days. Currently, 43.1% of the company's stock are short sold. View Arlo Technologies' Current Options Chain.
Who are some of Arlo Technologies' key competitors?
When did Arlo Technologies IPO?
(ARLO) raised $194 million in an initial public offering on Friday, August 3rd 2018. The company issued 10,200,000 shares at a price of $18.00-$20.00 per share. BofA Merrill Lynch, Deutsche Bank Securities and Guggenheim Securities served as the underwriters for the IPO and Raymond James, Cowen and Imperial Capital were co-managers.
When did the company's quiet period expire?
Arlo Technologies' quiet period expired on Wednesday, September 12th. Arlo Technologies had issued 10,215,000 shares in its initial public offering on August 3rd. The total size of the offering was $163,440,000 based on an initial share price of $16.00. During the company's quiet period, insiders and any underwriters that worked on the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.
How do I buy shares of Arlo Technologies?
Shares of ARLO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Arlo Technologies' stock price today?
One share of ARLO stock can currently be purchased for approximately $14.32.
How big of a company is Arlo Technologies?
Arlo Technologies has a market capitalization of $1.08 billion and generates $370.65 million in revenue each year. Arlo Technologies employs 319 workers across the globe.
What is Arlo Technologies' official website?
How can I contact Arlo Technologies?
Arlo Technologies' mailing address is 350 EAST PLUMERIA DRIVE, SAN JOSE CA, 95134. The company can be reached via phone at 408-907-8000 or via email at [email protected]
MarketBeat Community Rating for Arlo Technologies (NYSE ARLO)
MarketBeat's community ratings are surveys of what our community members think about Arlo Technologies and other stocks. Vote "Outperform" if you believe ARLO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARLO will underperform the S&P 500 over the long term. You may vote once every thirty days.
