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NYSE:ARLO

Arlo Technologies (ARLO) Stock Price, News & Analysis

$15.48
-0.20 (-1.28%)
(As of 07/26/2024 ET)
Today's Range
$15.42
$16.03
50-Day Range
$12.10
$17.10
52-Week Range
$7.77
$17.64
Volume
560,113 shs
Average Volume
1.02 million shs
Market Capitalization
$1.51 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.25

Arlo Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.9% Upside
$18.25 Price Target
Short Interest
Bearish
5.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Arlo Technologies in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$556,700 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.33) to ($0.01) 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.

1.19 out of 5 stars

Computer And Technology Sector

524th out of 612 stocks

Household Audio & Video Equipment Industry

6th out of 8 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

Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Analyst Ratings For Arlo Technologies
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Arlo: Scarce Value Play In An Expensive Market
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
Recreation
Fax
N/A
Employees
350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.25
High Stock Price Target
$24.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+17.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-22,040,000.00
Pretax Margin
-3.30%

Debt

Sales & Book Value

Annual Sales
$491.18 million
Book Value
$1.09 per share

Miscellaneous

Free Float
93,871,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
1.83
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Key Executives

  • Mr. Matthew Blake McRae (Age 50)
    CEO & Director
    Comp: $3.36M
  • Mr. Kurtis Joseph Binder (Age 54)
    CFO, COO and Principal Financial & Accounting Officer
    Comp: $748.18k
  • Mr. Brian Busse (Age 55)
    General Counsel & Corporate Secretary
    Comp: $727.68k
  • 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

How have ARLO shares performed this year?

Arlo Technologies' stock was trading at $9.52 at the start of the year. Since then, ARLO shares have increased by 62.6% and is now trading at $15.48.
View the best growth stocks for 2024 here
.

How were Arlo Technologies' earnings last quarter?

Arlo Technologies, Inc. (NYSE:ARLO) posted its quarterly earnings results on Thursday, May, 9th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.05. The business earned $124.20 million during the quarter, compared to analysts' expectations of $124.06 million. Arlo Technologies had a negative trailing twelve-month return on equity of 16.71% and a negative net margin of 3.46%.

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.

When did Arlo Technologies IPO?

Arlo Technologies (ARLO) raised $194 million in an initial public offering (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?

Top institutional shareholders of Arlo Technologies include Swedbank AB (0.82%), Bank of New York Mellon Corp (0.77%), Raymond James & Associates (0.37%) and Legato Capital Management LLC (0.12%). Insiders that own company stock include Matthew Blake Mcrae, Gordon Mattingly, Brian Busse, Grady Summers, Miller Joycelyn Carter, Amy M Rothstein 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.

What other stocks do shareholders of Arlo Technologies own?

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

This page (NYSE:ARLO) was last updated on 7/27/2024 by MarketBeat.com Staff

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