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NYSE:ARLO

Arlo Technologies (ARLO) Stock Price, News & Analysis

Arlo Technologies logo
$12.33 +0.52 (+4.40%)
(As of 12:45 PM ET)

About Arlo Technologies Stock (NYSE:ARLO)

Key Stats

Today's Range
$11.68
$12.34
50-Day Range
$10.16
$12.19
52-Week Range
$8.33
$17.64
Volume
259,340 shs
Average Volume
949,984 shs
Market Capitalization
$1.24 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.00
Consensus Rating
Buy

Company Overview

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 Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
53rd Percentile Overall Score

ARLO MarketRank™: 

Arlo Technologies scored higher than 53% of companies evaluated by MarketBeat, and ranked 404th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Arlo Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Arlo Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about Arlo Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Arlo Technologies are expected to grow in the coming year, from ($0.20) to $0.05 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Arlo Technologies is -47.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Arlo Technologies is -47.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Arlo Technologies has a P/B Ratio of 10.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Arlo Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    6.69% of the outstanding shares of Arlo Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    Arlo Technologies has a short interest ratio ("days to cover") of 8.2.
  • Change versus previous month

    Short interest in Arlo Technologies has recently increased by 4.03%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Arlo Technologies does not currently pay a dividend.

  • Dividend Growth

    Arlo Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.69% of the outstanding shares of Arlo Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    Arlo Technologies has a short interest ratio ("days to cover") of 8.2.
  • Change versus previous month

    Short interest in Arlo Technologies has recently increased by 4.03%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Arlo Technologies has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Arlo Technologies this week, compared to 6 articles on an average week.
  • Search Interest

    4 people have searched for ARLO on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Arlo Technologies to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Arlo Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $84,750.00 in company stock.

  • Percentage Held by Insiders

    Only 3.80% of the stock of Arlo Technologies is held by insiders.

  • Percentage Held by Institutions

    83.18% of the stock of Arlo Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Arlo Technologies' insider trading history.
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ARLO Stock News Headlines

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ARLO Stock Analysis - Frequently Asked Questions

Arlo Technologies' stock was trading at $9.52 on January 1st, 2024. Since then, ARLO stock has increased by 25.2% and is now trading at $11.92.
View the best growth stocks for 2024 here
.

Arlo Technologies, Inc. (NYSE:ARLO) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The company's quarterly revenue was up 10.8% on a year-over-year basis.

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.

Top institutional investors of Arlo Technologies include Primecap Management Co. CA (4.96%), State Street Corp (4.26%), Rice Hall James & Associates LLC (4.17%) and Wasatch Advisors LP (3.73%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Arlo Technologies investors own include Organigram (OGI), i3 Verticals (IIIV), NVIDIA (NVDA), Ford Motor (F), Lucid Group (LCID), Trade Desk (TTD) and Oracle (ORCL).

Company Calendar

Last Earnings
8/08/2024
Today
12/03/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

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
$19.00
High Stock Price Target
$24.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+60.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-22,040,000.00
Pretax Margin
-4.55%

Debt

Sales & Book Value

Annual Sales
$491.18 million
Book Value
$0.97 per share

Miscellaneous

Free Float
96,528,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.78
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This page (NYSE:ARLO) was last updated on 12/3/2024 by MarketBeat.com Staff
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