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) issued its quarterly earnings results on Monday, February, 24th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.38) by $0.12. The firm had revenue of $122.40 million for the quarter, compared to analyst estimates of $121.02 million. Arlo Technologies had a negative return on equity of 62.20% and a negative net margin of 36.49%. The company's revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.33) earnings per share. View Arlo Technologies' Earnings History.

Arlo Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Arlo Technologies.

Arlo Technologies updated its first quarter earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) guidance of ($0.36)-($0.33) for the period, compared to the Thomson Reuters consensus estimate of ($0.29). The company issued revenue guidance of $60.0-70.0 million, compared to the consensus revenue estimate of $74.11 million.

2 analysts have issued twelve-month target prices for Arlo Technologies' stock. Their forecasts range from $3.50 to $4.00. On average, they expect Arlo Technologies' share price to reach $3.75 in the next twelve months. This suggests that the stock has a possible downside of 9.0%. View Analyst Price Targets for Arlo Technologies.

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

Media headlines about ARLO stock have been trending somewhat negative this week, according to InfoTrie. The research group 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 closest to five being the most favorable. Arlo Technologies earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Arlo Technologies.

Some companies that are related to Arlo Technologies include Universal Electronics (UEIC), LRAD (GNSS), LRAD (LRAD), Technicolor (TCLRY), 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 NIO (NIO), Snap (SNAP), Advanced Micro Devices (AMD), Baidu (BIDU), Micron Technology (MU), Netflix (NFLX), NetGear (NTGR), Momo (MOMO), Roku (ROKU) and Alibaba Group (BABA).

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

Arlo Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.75%), State Street Corp (2.84%), Cannell Capital LLC (2.43%), CNH Partners LLC (1.36%), Jacobs Levy Equity Management Inc. (1.34%) and Geode Capital Management LLC (1.30%). 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 FMR LLC, Cannell Capital LLC, CNH Partners LLC, Goldman Sachs Group Inc., Barclays PLC, Arizona State Retirement System, California Public Employees Retirement System and Public Sector Pension Investment Board. 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., Spark Investment Management LLC, Oxford Asset Management LLP, Great West Life Assurance Co. Can, State Street Corp, Virtu Financial LLC, Renaissance Technologies LLC and Sigma Planning Corp. 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 $4.12.

Arlo Technologies has a market capitalization of $311.92 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]