Analysts Set Arlo Technologies, Inc. (NYSE:ARLO) PT at $23.00

Arlo Technologies, Inc. (NYSE:ARLO) has been given an average recommendation of “Hold” by the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $23.00.

ARLO has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Arlo Technologies in a research note on Wednesday, October 8th. Zacks Research downgraded Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Raymond James Financial reissued an “outperform” rating and issued a $22.00 target price (up from $15.00) on shares of Arlo Technologies in a research report on Friday, August 8th. Wall Street Zen raised Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Finally, Craig Hallum upped their target price on Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, August 8th.

Insider Activity at Arlo Technologies

In related news, CFO Kurtis Joseph Binder sold 135,494 shares of the company’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $16.89, for a total value of $2,288,493.66. Following the transaction, the chief financial officer directly owned 467,681 shares of the company’s stock, valued at $7,899,132.09. This represents a 22.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Brian Busse sold 9,171 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $16.99, for a total value of $155,815.29. Following the completion of the transaction, the general counsel directly owned 669,376 shares in the company, valued at approximately $11,372,698.24. The trade was a 1.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,339,297 shares of company stock valued at $23,309,667 in the last ninety days. Company insiders own 5.20% of the company’s stock.

Institutional Investors Weigh In On Arlo Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ARLO. GAMMA Investing LLC grew its position in Arlo Technologies by 40.9% during the 1st quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock worth $71,000 after purchasing an additional 2,095 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Arlo Technologies in the first quarter valued at approximately $123,000. Allspring Global Investments Holdings LLC lifted its holdings in Arlo Technologies by 24.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 53,081 shares of the company’s stock valued at $518,000 after acquiring an additional 10,448 shares during the period. Teacher Retirement System of Texas lifted its holdings in Arlo Technologies by 66.0% in the first quarter. Teacher Retirement System of Texas now owns 31,791 shares of the company’s stock valued at $314,000 after acquiring an additional 12,640 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in Arlo Technologies by 2.4% in the first quarter. Principal Financial Group Inc. now owns 500,817 shares of the company’s stock valued at $4,943,000 after acquiring an additional 11,547 shares during the period. 83.18% of the stock is owned by institutional investors and hedge funds.

Arlo Technologies Stock Performance

Shares of ARLO stock opened at $18.91 on Tuesday. Arlo Technologies has a fifty-two week low of $7.84 and a fifty-two week high of $19.94. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of -270.03 and a beta of 1.72. The stock’s 50-day simple moving average is $17.74 and its 200-day simple moving average is $15.75.

Arlo Technologies (NYSE:ARLO) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. Arlo Technologies had a negative return on equity of 6.69% and a negative net margin of 1.38%.The business had revenue of $129.41 million for the quarter, compared to analyst estimates of $123.33 million. During the same quarter in the previous year, the firm earned $0.10 earnings per share. The company’s revenue was up 1.6% on a year-over-year basis. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. As a group, equities analysts forecast that Arlo Technologies will post -0.29 earnings per share for the current year.

Arlo Technologies Company Profile

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.