NYSE:ARLO

Arlo Technologies (ARLO) Stock Price, News & Analysis

$10.60
+0.14 (+1.34%)
(As of 04/22/2024 ET)
Today's Range
$10.42
$10.65
50-Day Range
$8.64
$13.03
52-Week Range
$6.18
$13.34
Volume
494,621 shs
Average Volume
979,837 shs
Market Capitalization
$1.02 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.25

Arlo Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.9% Upside
$15.25 Price Target
Short Interest
Healthy
3.99% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Arlo Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$3.95 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.06) to $0.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Computer And Technology Sector

313th out of 589 stocks

Household Audio & Video Equipment Industry

3rd out of 6 stocks

ARLO stock logo

About Arlo Technologies Stock (NYSE:ARLO)

Arlo Technologies, Inc., together with its subsidiaries, provides a cloud-based platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers Arlo Essential Cameras and Doorbells (2nd Generation) delivers smart home protection, including automated privacy shield, 180-degree field of view, and 2K video resolution; Arlo Home Security System, an all-in-one multi-sensor that provides access to security experts for monitoring and responding to emergency situations; Arlo Pro 5S, a wireless 2K video resolution security camera; Arlo Go 2, a camera for monitoring remote areas, large properties, construction sites, vacation homes, boat or RV slips, and hard-to-access areas; Arlo Ultra 2 provides 4K video with HDR, an ultra-wide, 180-degree field of view, auto zoom and tracking on moving objects, and color night vision; and Arlo Floodlight Camera, a wire-free floodlight camera. It provides security system accessories, charging accessories, and mounts. In addition, the company offers Arlo Secure subscriptions, including emergency response secure plus plan; 2K secure plan and 4K secure plus plan cloud-based video recording; unlimited cameras; advanced object detection; smart interactive notifications; smoke and CO alarm detection; cloud-based activity zone; call a friend; and 24/7 priority support and professional monitoring services; Arlo Total Security, a subscription which provides 24/7 professional monitoring and security hardware; Arlo Safe, a personal safety app that offers one-touch emergency response, family safety, and crash detection and response services; and Arlo SmartCloud, a SaaS solution that delivers security cloud services for business. It sells its products through retailers, wholesale distributors, broadcast channels, wireless carriers, and security solution providers, as well as through its website. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in Carlsbad, California.

ARLO Stock Price History

ARLO Stock News Headlines

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Company Calendar

Last Earnings
2/29/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
N/A
Fax
N/A
Employees
363
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.25
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+44.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-22,040,000.00
Pretax Margin
-4.25%

Debt

Sales & Book Value

Annual Sales
$491.18 million
Book Value
$1.09 per share

Miscellaneous

Free Float
93,382,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
1.86
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Key Executives

  • Mr. Matthew Blake McRae (Age 50)
    CEO & Director
    Comp: $1.59M
  • Mr. Kurtis Joseph Binder (Age 54)
    CFO, COO and Principal Financial & Accounting Officer
    Comp: $617.37k
  • Mr. Brian Busse (Age 55)
    General Counsel & Corporate Secretary
    Comp: $611.49k
  • Mr. Samir Kapoor (Age 51)
    Chief Technology Officer
  • Ms. Julie Nash
    Chief Information Officer
  • Ms. Lily Knowles
    Senior Vice President of Sales, Marketing & Customer Care
  • Ms. Antoinette Switzer
    Senior Vice President of Worldwide Human Resources
  • Mr. Scott McManigal
    Senior Vice President of Design & Experience

ARLO Stock Analysis - Frequently Asked Questions

Should I buy or sell Arlo Technologies stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arlo Technologies in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARLO shares.
View ARLO analyst ratings
or view top-rated stocks.

What is Arlo Technologies' stock price target for 2024?

4 brokerages have issued 12 month price objectives for Arlo Technologies' stock. Their ARLO share price targets range from $13.00 to $17.00. On average, they expect the company's share price to reach $15.25 in the next twelve months. This suggests a possible upside of 43.9% from the stock's current price.
View analysts price targets for ARLO
or view top-rated stocks among Wall Street analysts.

How have ARLO shares performed in 2024?

Arlo Technologies' stock was trading at $9.52 at the beginning of 2024. Since then, ARLO stock has increased by 11.3% and is now trading at $10.60.
View the best growth stocks for 2024 here
.

Are investors shorting Arlo Technologies?

Arlo Technologies saw a drop in short interest in March. As of March 31st, there was short interest totaling 3,840,000 shares, a drop of 15.4% from the March 15th total of 4,540,000 shares. Based on an average trading volume of 1,010,000 shares, the days-to-cover ratio is currently 3.8 days.
View Arlo Technologies' Short Interest
.

When is Arlo Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ARLO earnings forecast
.

How can I listen to Arlo Technologies' earnings call?

Arlo Technologies will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Arlo Technologies' earnings last quarter?

Arlo Technologies, Inc. (NYSE:ARLO) released its quarterly earnings results on Thursday, February, 29th. The company reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.04. The company earned $135.09 million during the quarter, compared to analyst estimates of $135.05 million. Arlo Technologies had a negative trailing twelve-month return on equity of 22.27% and a negative net margin of 4.49%.

What ETFs hold Arlo Technologies' stock?

ETFs with the largest weight of Arlo Technologies (NYSE:ARLO) stock in their portfolio include Global X PropTech ETF (PTEC), SPDR FactSet Innovative Technology ETF (XITK).Global X Internet of Things Thematic ETF (SNSR) and

What guidance has Arlo Technologies issued on next quarter's earnings?

Arlo Technologies issued an update on its first quarter 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 0.050-0.110 for the period, compared to the consensus EPS estimate of 0.070. The company issued revenue guidance of $117.0 million-$127.0 million, compared to the consensus revenue estimate of $122.4 million.

What is Matthew McRae's approval rating as Arlo Technologies' CEO?

22 employees have rated Arlo Technologies Chief Executive Officer Matthew McRae on Glassdoor.com. Matthew McRae has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Arlo Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arlo Technologies investors own include Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), General Electric (GE), NIO (NIO), Cisco Systems (CSCO) and Target (TGT).

When did Arlo Technologies IPO?

Arlo Technologies (ARLO) raised $194 million in an IPO on Friday, August 3rd 2018. The company issued 10,200,000 shares at $18.00-$20.00 per share. BofA Merrill Lynch, Deutsche Bank Securities and Guggenheim Securities acted as the underwriters for the IPO and Raymond James, Cowen and Imperial Capital were co-managers.

Who are Arlo Technologies' major shareholders?

Arlo Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.09%), Allspring Global Investments Holdings LLC (0.07%), Counterpoint Mutual Funds LLC (0.02%) and Harbour Capital Advisors LLC (0.02%). Insiders that own company stock include Brian Busse, Gordon Mattingly, Grady Summers, Kurtis Joseph Binder, Matthew Blake Mcrae, Miller Joycelyn Carter and Prashant Aggarwal.
View institutional ownership trends
.

How do I buy shares of Arlo Technologies?

Shares of ARLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ARLO) was last updated on 4/22/2024 by MarketBeat.com Staff

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