Arlo Technologies Stock Price, News & Analysis (NYSE:ARLO)

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 Tuesday, August, 6th. The company reported ($0.45) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.48) by $0.03. The business earned $83.60 million during the quarter, compared to analyst estimates of $77.23 million. Arlo Technologies had a negative net margin of 29.90% and a negative return on equity of 45.02%. The business's revenue for the quarter was down 24.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.29) earnings per share. View Arlo Technologies' Earnings History.

Arlo Technologies is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Arlo Technologies.

Arlo Technologies updated its third quarter earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of ($0.43)-($0.37) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.24). The company issued revenue guidance of $95-105 million, compared to the consensus revenue estimate of $127.75 million.

3 brokers have issued 1-year price targets for Arlo Technologies' stock. Their predictions range from $3.50 to $7.50. On average, they expect Arlo Technologies' share price to reach $6.1667 in the next year. This suggests a possible upside of 69.9% from the stock's current price. View Analyst Price Targets for Arlo Technologies.

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arlo Technologies.

News coverage about ARLO stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Arlo Technologies earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Arlo Technologies.

Arlo Technologies saw a increase in short interest in August. As of August 31st, there was short interest totalling 5,250,700 shares, an increase of 36.7% from the July 31st total of 3,841,800 shares. Based on an average daily trading volume, of 716,400 shares, the short-interest ratio is presently 7.3 days. Approximately 7.2% of the shares of the company are short sold. View Arlo Technologies' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Arlo Technologies investors own include Baidu (BIDU), Netflix (NFLX), NetGear (NTGR), Snap (SNAP), Momo (MOMO), NIO (NIO), Micron Technology (MU), Roku (ROKU), Alibaba Group (BABA) and Cloudera (CLDR).

(ARLO) raised $194 million in an IPO 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 acted 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 BlackRock Inc. (15.12%), Primecap Management Co. CA (6.82%), Vanguard Group Inc. (6.16%), Northern Trust Corp (2.26%), Jacobs Levy Equity Management Inc. (1.24%) and Janus Henderson Group PLC (1.21%). 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 Vanguard Group Inc., Janus Henderson Group PLC, Janus Henderson Group PLC, Wells Fargo & Company MN, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Granite Point Capital Management L.P. and Verity Asset Management Inc.. View Insider Buying and Selling for Arlo Technologies.

ARLO stock was acquired by a variety of institutional investors in the last quarter, including Jacobs Levy Equity Management Inc., Morgan Stanley, BlackRock Inc., D. E. Shaw & Co. Inc., Russell Investments Group Ltd., Bogle Investment Management L P DE, Public Employees Retirement System of Ohio and Primecap Management Co. CA. 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 $3.63.

Arlo Technologies has a market capitalization of $271.74 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 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]