Arlo Technologies, Inc. (NYSE:ARLO) Receives Consensus Rating of “Buy” from Analysts

Arlo Technologies, Inc. (NYSE:ARLO) has been assigned an average rating of “Buy” from the five research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $23.00.

ARLO has been the subject of a number of recent research reports. BWS Financial reissued a “buy” rating and issued a $26.00 price objective on shares of Arlo Technologies in a report on Tuesday, November 11th. Wall Street Zen upgraded Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Arlo Technologies in a research report on Monday. Finally, Zacks Research raised Arlo Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th.

Insider Activity at Arlo Technologies

In other news, CEO Matthew Blake Mcrae sold 257,242 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $14.28, for a total value of $3,673,415.76. Following the completion of the transaction, the chief executive officer directly owned 941,586 shares in the company, valued at approximately $13,445,848.08. The trade was a 21.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kurtis Joseph Binder sold 135,494 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $16.89, for a total transaction of $2,288,493.66. Following the sale, the chief financial officer owned 467,681 shares in the company, valued at $7,899,132.09. This represents a 22.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 798,611 shares of company stock valued at $12,529,158 over the last quarter. 3.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Arlo Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in ARLO. Smartleaf Asset Management LLC increased its stake in shares of Arlo Technologies by 86.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company’s stock valued at $28,000 after purchasing an additional 747 shares during the last quarter. Quarry LP boosted its stake in Arlo Technologies by 42.0% in the third quarter. Quarry LP now owns 2,649 shares of the company’s stock valued at $45,000 after buying an additional 783 shares in the last quarter. First Horizon Advisors Inc. grew its position in Arlo Technologies by 161.4% in the second quarter. First Horizon Advisors Inc. now owns 3,220 shares of the company’s stock valued at $55,000 after acquiring an additional 1,988 shares during the last quarter. Strs Ohio acquired a new position in Arlo Technologies during the first quarter worth about $66,000. Finally, Quadrant Capital Group LLC bought a new position in shares of Arlo Technologies in the third quarter worth about $86,000. 83.18% of the stock is currently owned by institutional investors.

Arlo Technologies Price Performance

Shares of NYSE ARLO opened at $13.51 on Wednesday. The stock’s fifty day moving average price is $15.93 and its two-hundred day moving average price is $16.58. Arlo Technologies has a one year low of $7.84 and a one year high of $19.94. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 450.55 and a beta of 1.73.

Arlo Technologies (NYSE:ARLO) last posted its earnings results on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Arlo Technologies had a return on equity of 2.00% and a net margin of 0.84%.The company had revenue of $139.53 million during the quarter, compared to the consensus estimate of $138.69 million. During the same quarter last year, the firm earned $0.11 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. On average, equities analysts anticipate that Arlo Technologies will post -0.29 earnings per share for the current fiscal year.

About Arlo Technologies

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.