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

Shares of Arlo Technologies, Inc. (NYSE:ARLO) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $20.6667.

Several research analysts have recently issued reports on the stock. UBS Group set a $20.00 target price on shares of Arlo Technologies in a research note on Monday, May 18th. Piper Sandler started coverage on shares of Arlo Technologies in a research report on Sunday, July 26th. They set an “overweight” rating and a $17.00 price objective on the stock. William Blair started coverage on shares of Arlo Technologies in a research report on Tuesday, July 7th. They issued an “outperform” rating on the stock. Raymond James Financial restated an “outperform” rating and set a $19.00 price objective on shares of Arlo Technologies in a report on Friday, May 8th. Finally, Weiss Ratings upgraded Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th.

Arlo Technologies Stock Performance

Shares of ARLO opened at $14.99 on Thursday. Arlo Technologies has a fifty-two week low of $11.05 and a fifty-two week high of $19.94. The firm has a 50 day moving average price of $13.20 and a 200-day moving average price of $13.42. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 55.54 and a beta of 1.56.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The company had revenue of $150.38 million during the quarter, compared to analyst estimates of $139.72 million. During the same period in the prior year, the business posted $0.15 EPS. The firm’s revenue was up 26.3% compared to the same quarter last year. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. As a group, equities research analysts predict that Arlo Technologies will post 0.2 earnings per share for the current year.

Insider Activity at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 16,507 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $12.83, for a total transaction of $211,784.81. Following the completion of the sale, the chief financial officer owned 483,378 shares in the company, valued at approximately $6,201,739.74. This represents a 3.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. increased its holdings in Arlo Technologies by 763.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock worth $28,000 after acquiring an additional 1,748 shares in the last quarter. Quarry LP increased its stake in shares of Arlo Technologies by 42.0% during the third quarter. Quarry LP now owns 2,649 shares of the company’s stock worth $45,000 after purchasing an additional 783 shares in the last quarter. Quadrant Capital Group LLC acquired a new position in shares of Arlo Technologies during the 3rd quarter worth about $86,000. EverSource Wealth Advisors LLC increased its position in shares of Arlo Technologies by 1,682.9% during the second quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock worth $95,000 after purchasing an additional 5,301 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of Arlo Technologies during the first quarter worth $66,000. 83.18% of the stock is currently owned by hedge funds and other 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.