NYSE:ARLO - Arlo Technologies Stock Price, Forecast & News

Arlo Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARLO."

Arlo Technologies Inc (NYSE:ARLO) posted its quarterly earnings data on Thursday, November, 7th. The company reported ($0.32) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.37) by $0.05. The company earned $106.12 million during the quarter, compared to analyst estimates of $102.14 million. Arlo Technologies had a negative net margin of 36.49% and a negative return on equity of 62.20%. The company's revenue was down 19.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.05) earnings per share. View Arlo Technologies' Earnings History.

Arlo Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Arlo Technologies.

Arlo Technologies issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $-0.34--0.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.17. The company issued revenue guidance of $$115-125 million, compared to the consensus revenue estimate of $$158.01 million.

4 Wall Street analysts have issued 1 year price targets for Arlo Technologies' stock. Their forecasts range from $3.50 to $7.50. On average, they expect Arlo Technologies' stock price to reach $5.63 in the next year. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Arlo Technologies.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arlo Technologies in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arlo Technologies.

Press coverage about ARLO stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Arlo Technologies earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Arlo Technologies.

Some companies that are related to Arlo Technologies include Universal Electronics (UEIC), Technicolor (TCLRY), LRAD (GNSS), LRAD (LRAD), Koss (KOSS), The Guitammer (GTMM) and Provision (PVHO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Arlo Technologies investors own include Snap (SNAP), Baidu (BIDU), NIO (NIO), Netflix (NFLX), NetGear (NTGR), Roku (ROKU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Momo (MOMO) and Target (TGT).

(ARLO) raised $194 million in an initial public offering 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 served as the underwriters for the IPO and Raymond James, Cowen and Imperial Capital were co-managers.

Arlo Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.31%), California Public Employees Retirement System (0.29%), Nisa Investment Advisors LLC (0.09%), Arizona State Retirement System (0.07%) and Johanson Financial Advisors Inc. (0.01%). Company insiders that own Arlo Technologies stock include Brian Busse, Christine Marie Gorjanc, Matthew Blake Mcrae, Patrick Cs Lo and Ralph E Faison. View Institutional Ownership Trends for Arlo Technologies.

ARLO stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System and California Public Employees Retirement System. View Insider Buying and Selling for Arlo Technologies.

ARLO stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Nisa Investment Advisors LLC and Johanson Financial Advisors Inc.. Company insiders that have bought Arlo Technologies stock in the last two years include Brian Busse, Christine Marie Gorjanc, Matthew Blake Mcrae, Patrick Cs Lo and Ralph E Faison. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ARLO stock can currently be purchased for approximately $4.42.

Arlo Technologies has a market capitalization of $334.63 million and generates $472.02 million in revenue each year. The company earns $-75,480,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. Arlo Technologies employs 386 workers across the globe.View Additional Information About Arlo Technologies.

The official website for Arlo Technologies is http://www.arlo.com/.

Arlo Technologies' mailing address is 3030 ORCHARD PARKWAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-890-3900 or via email at [email protected]