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NYSE:ARLO

Arlo Technologies (ARLO) Stock Price, News & Analysis

$11.02
-0.20 (-1.78%)
(As of 09/6/2024 ET)
Today's Range
$10.77
$11.31
50-Day Range
$11.00
$17.10
52-Week Range
$7.77
$17.64
Volume
929,818 shs
Average Volume
993,136 shs
Market Capitalization
$1.08 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.67

Arlo Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
78.5% Upside
$19.67 Price Target
Short Interest
Bearish
5.92% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.52mentions of Arlo Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$556,700 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.40) to ($0.28) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.86 out of 5 stars

Computer And Technology Sector

451st out of 594 stocks

Household Audio & Video Equipment Industry

5th out of 8 stocks

ARLO stock logo

About Arlo Technologies Stock (NYSE:ARLO)

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. It provides security system accessories, charging accessories, and mounts. In addition, the company offers Arlo Secure subscriptions, including emergency response secure plus plan; 2K secure plan and 4K secure plus plan cloud-based video recording; unlimited cameras; advanced object detection; smart interactive notifications; smoke and CO alarm detection; cloud-based activity zone; call a friend; and 24/7 priority support and professional monitoring services; Arlo Total Security, a subscription which provides 24/7 professional monitoring and security hardware; Arlo Safe, a personal safety app that offers one-touch emergency response, family safety, and crash detection and response services; and Arlo SmartCloud, a SaaS solution that delivers security cloud services for business. It sells its products through retailers, wholesale distributors, broadcast channels, wireless carriers, and security solution providers, as well as through its website. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in Carlsbad, California.

ARLO Stock Price History

ARLO Stock News Headlines

Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Arlo: Deftly Managing A Slowing Macro
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Arlo Reports Second Quarter 2024 Results
How to Set Up Arlo Security Cameras
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
Recreation
Fax
N/A
Employees
350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.67
High Stock Price Target
$24.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+78.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-22,040,000.00
Pretax Margin
-4.03%

Debt

Sales & Book Value

Annual Sales
$516.74 million
Book Value
$0.99 per share

Miscellaneous

Free Float
93,871,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
1.76
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Key Executives

  • Mr. Matthew Blake McRae (Age 50)
    CEO & Director
    Comp: $3.36M
  • Mr. Kurtis Joseph Binder (Age 54)
    CFO, COO and Principal Financial & Accounting Officer
    Comp: $748.18k
  • Mr. Brian Busse (Age 55)
    General Counsel & Corporate Secretary
    Comp: $727.68k
  • Mr. Samir Kapoor (Age 51)
    Chief Technology Officer
  • Ms. Julie Nash
    Chief Information Officer
  • Ms. Lily Knowles
    Senior Vice President of Sales, Marketing & Customer Care
  • Ms. Antoinette Switzer
    Senior Vice President of Worldwide Human Resources
  • Mr. Scott McManigal
    Senior Vice President of Design & Experience

ARLO Stock Analysis - Frequently Asked Questions

How have ARLO shares performed this year?

Arlo Technologies' stock was trading at $9.52 at the start of the year. Since then, ARLO stock has increased by 15.8% and is now trading at $11.02.
View the best growth stocks for 2024 here
.

How were Arlo Technologies' earnings last quarter?

Arlo Technologies, Inc. (NYSE:ARLO) issued its earnings results on Thursday, August, 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The business's revenue was up 10.8% compared to the same quarter last year.

What is Matthew McRae's approval rating as Arlo Technologies' CEO?

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.

When did Arlo Technologies IPO?

Arlo Technologies (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.

Who are Arlo Technologies' major shareholders?

Top institutional investors of Arlo Technologies include Brandes Investment Partners LP (5.27%), Primecap Management Co. CA (5.13%), Rice Hall James & Associates LLC (3.97%) and Driehaus Capital Management LLC (2.66%). Insiders that own company stock include Matthew Blake Mcrae, Gordon Mattingly, Brian Busse, Ralph E Faison, Grady Summers, Miller Joycelyn Carter, Amy M Rothstein and Prashant Aggarwal.
View institutional ownership trends
.

How do I buy shares of Arlo Technologies?

Shares of ARLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Arlo Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Arlo Technologies investors own include Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Pfizer (PFE), AT&T (T) and General Electric (GE).

This page (NYSE:ARLO) was last updated on 9/7/2024 by MarketBeat.com Staff

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