Arlo Technologies, Inc. (NYSE:ARLO) Given Average Rating of “Moderate Buy” by Analysts

Arlo Technologies, Inc. (NYSE:ARLO) has earned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $23.00.

Several brokerages have recently commented on ARLO. BWS Financial restated a “buy” rating and set a $26.00 price target on shares of Arlo Technologies in a research note on Tuesday, November 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arlo Technologies in a report on Monday, December 29th. Wall Street Zen upgraded shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 11th. Finally, Zacks Research cut shares of Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th.

Arlo Technologies Stock Performance

Arlo Technologies stock opened at $13.98 on Friday. The company has a market capitalization of $1.48 billion, a PE ratio of 466.12 and a beta of 1.64. The company has a 50 day moving average price of $14.05 and a 200-day moving average price of $16.15. Arlo Technologies has a fifty-two week low of $7.84 and a fifty-two week high of $19.94.

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

Insiders Place Their Bets

In other Arlo Technologies news, General Counsel Brian Busse sold 18,841 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $13.69, for a total transaction of $257,933.29. Following the sale, the general counsel owned 551,014 shares of the company’s stock, valued at approximately $7,543,381.66. This trade represents a 3.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kurtis Joseph Binder sold 55,043 shares of Arlo Technologies stock in a transaction on Friday, January 9th. The shares were sold at an average price of $13.69, for a total value of $753,538.67. Following the completion of the transaction, the chief financial officer owned 460,970 shares in the company, valued at $6,310,679.30. This represents a 10.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 589,381 shares of company stock worth $8,399,823 over the last 90 days. Company insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On Arlo Technologies

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Arlo Technologies by 2.0% during the third quarter. Vanguard Group Inc. now owns 10,658,566 shares of the company’s stock valued at $180,663,000 after buying an additional 207,388 shares during the last quarter. Wasatch Advisors LP raised its stake in shares of Arlo Technologies by 17.7% during the 3rd quarter. Wasatch Advisors LP now owns 5,505,467 shares of the company’s stock worth $93,318,000 after acquiring an additional 826,587 shares in the last quarter. State Street Corp lifted its position in Arlo Technologies by 5.3% during the second quarter. State Street Corp now owns 4,272,925 shares of the company’s stock valued at $72,469,000 after acquiring an additional 215,867 shares during the last quarter. Marshall Wace LLP lifted its position in Arlo Technologies by 69.1% during the third quarter. Marshall Wace LLP now owns 2,554,457 shares of the company’s stock valued at $43,298,000 after acquiring an additional 1,043,854 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Arlo Technologies by 2.7% in the second quarter. Geode Capital Management LLC now owns 2,347,314 shares of the company’s stock valued at $39,815,000 after acquiring an additional 60,838 shares in the last quarter. 83.18% of the stock is currently owned by institutional investors.

About Arlo Technologies

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.