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

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

Arlo Technologies Inc (NYSE:ARLO) posted its earnings results on Tuesday, August, 6th. The company reported ($0.45) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.48) by $0.03. The firm had revenue of $83.60 million for the quarter, compared to analyst estimates of $77.23 million. Arlo Technologies had a negative return on equity of 45.02% and a negative net margin of 29.90%. The company's revenue for the quarter was down 24.7% on a year-over-year basis. During the same period in the previous year, the company 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 issued an update on its third quarter earnings guidance on Tuesday, August, 6th. The company provided EPS guidance of ($0.43)-($0.37) for the period, compared to the Thomson Reuters consensus estimate of ($0.24). The company issued revenue guidance of $95-105 million, compared to the consensus revenue estimate of $127.75 million.

6 brokerages have issued 12 month price targets for Arlo Technologies' stock. Their predictions range from $3.50 to $28.00. On average, they expect Arlo Technologies' stock price to reach $14.50 in the next year. This suggests a possible upside of 391.5% from the stock's current price. View Analyst Price Targets for Arlo Technologies.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arlo Technologies in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arlo Technologies.

News coverage about ARLO stock has been trending negative on Monday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog 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 daily sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media 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.

Arlo Technologies saw a decrease in short interest during the month of July. As of July 15th, there was short interest totalling 3,979,200 shares, a decrease of 9.0% from the June 15th total of 4,370,800 shares. Based on an average trading volume of 766,200 shares, the days-to-cover ratio is currently 5.2 days. Currently, 5.4% of the shares of the stock 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), The Guitammer (GTMM) and Provision (PVHO).

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

(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 variety of of institutional and retail investors. Top institutional investors 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, Scottrade, Fidelity and Charles Schwab.

One share of ARLO stock can currently be purchased for approximately $2.95.

Arlo Technologies has a market capitalization of $220.85 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]