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

Arlo Technologies, Inc. (NYSE:ARLO) has been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $21.40.

Several equities research analysts recently issued reports on ARLO shares. Raymond James Financial reiterated an “outperform” rating and issued a $19.00 target price on shares of Arlo Technologies in a research note on Friday, May 8th. Weiss Ratings upgraded Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. UBS Group set a $20.00 price objective on Arlo Technologies in a research report on Monday, May 18th. Finally, Oppenheimer began coverage on Arlo Technologies in a research note on Monday, May 18th. They set an “outperform” rating and a $20.00 target price for the company.

Arlo Technologies Trading Down 0.0%

NYSE ARLO opened at $12.98 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 48.06 and a beta of 1.55. The firm’s fifty day moving average price is $13.28 and its two-hundred day moving average price is $13.47. Arlo Technologies has a 1 year low of $11.05 and a 1 year high of $19.94.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The company had revenue of $150.38 million during the quarter, compared to the consensus estimate of $139.72 million. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The company’s quarterly revenue was up 26.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. On average, research analysts anticipate that Arlo Technologies will post 0.2 EPS for the current fiscal year.

Insider Buying and Selling

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 65,000 shares of Arlo Technologies stock in a transaction on Friday, May 8th. The shares were sold at an average price of $15.70, for a total transaction of $1,020,500.00. Following the completion of the transaction, the chief financial officer directly owned 499,885 shares of the company’s stock, valued at $7,848,194.50. The trade was a 11.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 115,000 shares of company stock worth $1,750,000 over the last three months. Insiders own 2.90% of the company’s stock.

Institutional Trading of Arlo Technologies

A number of hedge funds have recently modified their holdings of the stock. GSA Capital Partners LLP raised its holdings in Arlo Technologies by 557.1% in the 4th quarter. GSA Capital Partners LLP now owns 141,372 shares of the company’s stock valued at $1,978,000 after acquiring an additional 119,857 shares during the period. UBS Group AG boosted its holdings in shares of Arlo Technologies by 49.9% during the fourth quarter. UBS Group AG now owns 580,829 shares of the company’s stock worth $8,126,000 after acquiring an additional 193,379 shares during the period. Clearbridge Investments LLC bought a new stake in shares of Arlo Technologies during the fourth quarter worth approximately $6,794,000. Granahan Investment Management LLC acquired a new position in shares of Arlo Technologies in the third quarter valued at approximately $3,270,000. Finally, Tudor Investment Corp ET AL grew its position in shares of Arlo Technologies by 375.1% in the third quarter. Tudor Investment Corp ET AL now owns 245,288 shares of the company’s stock valued at $4,158,000 after purchasing an additional 193,662 shares during the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

Arlo Technologies Company Profile

Arlo Technologies, Inc (NYSE: ARLO) is a provider of smart home security products and services designed for residential and small business customers. The company offers a portfolio of wireless and Wi-Fi-enabled security cameras, video doorbells, smart lighting solutions, and associated accessories. Arlo integrates advanced video analytics, motion detection, cloud storage, and two-way audio capabilities to deliver end-to-end security and monitoring solutions accessible through mobile applications and web interfaces.

Founded as a division of Netgear, Inc in 2014 and spun off as an independent public company in 2018, Arlo Technologies has established a presence in North America, Europe, Australia and parts of Asia.