Arlo Technologies - ARLO Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arlo Technologies in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARLO shares.
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3 equities research analysts have issued 12-month price targets for Arlo Technologies' shares. Their ARLO share price forecasts range from $8.00 to $14.00. On average, they predict the company's share price to reach $11.00 in the next year. This suggests a possible upside of 154.6% from the stock's current price.
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Arlo Technologies' stock was trading at $3.51 at the beginning of the year. Since then, ARLO shares have increased by 23.1% and is now trading at $4.32.
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Arlo Technologies saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,420,000 shares, an increase of 18.6% from the December 15th total of 2,040,000 shares. Based on an average daily trading volume, of 693,300 shares, the days-to-cover ratio is currently 3.5 days.
View Arlo Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our ARLO earnings forecast.

Arlo Technologies will be holding an earnings conference call on Tuesday, March 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Arlo Technologies, Inc. (NYSE:ARLO) announced its earnings results on Tuesday, November, 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.08. The firm earned $128.16 million during the quarter, compared to the consensus estimate of $127.48 million. Arlo Technologies had a negative trailing twelve-month return on equity of 38.49% and a negative net margin of 8.02%.

Arlo Technologies updated its fourth quarter 2022 earnings guidance on Thursday, December, 8th. The company provided EPS guidance of -$0.13--$0.06 for the period, compared to the consensus earnings per share estimate of -$0.10. The company issued revenue guidance of $105.00 million-$115.00 million, compared to the consensus revenue estimate of $138.64 million.

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.

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).

(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 served as the underwriters for the IPO and Raymond James, Cowen and Imperial Capital were co-managers.

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

Arlo Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (3.54%), Nisa Investment Advisors LLC (0.08%), Everence Capital Management Inc. (0.07%), Yousif Capital Management LLC (0.06%), Allspring Global Investments Holdings LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Brian Busse, Gordon Mattingly, Grady Summers, Matthew Blake Mcrae, Miller Joycelyn Carter and Prashant Aggarwal.
View institutional ownership trends.

Shares of ARLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARLO stock can currently be purchased for approximately $4.32.

Arlo Technologies (NYSE:ARLO) has a market capitalization of $382.19 million and generates $435.14 million in revenue each year. The company earns $-56,030,000.00 in net income (profit) each year or ($0.47) on an earnings per share basis.

The company employs 353 workers across the globe.

Arlo Technologies' mailing address is 3030 ORCHARD PARKWAY, SAN JOSE CA, 95134. The official website for the company is www.arlo.com. The company can be reached via phone at (408) 890-3900 or via email at investors@arlo.com.