Arlo Technologies, Inc. (NYSE:ARLO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Arlo Technologies, Inc. (NYSE:ARLO) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $20.60.

A number of analysts have recently issued reports on ARLO shares. Raymond James Financial reaffirmed an “outperform” rating and set a $19.00 price objective on shares of Arlo Technologies in a report on Friday, May 8th. William Blair began coverage on Arlo Technologies in a research report on Tuesday, July 7th. They set an “outperform” rating on the stock. Weiss Ratings cut Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 3rd. Wall Street Zen raised shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Oppenheimer initiated coverage on shares of Arlo Technologies in a report on Monday, May 18th. They set an “outperform” rating and a $20.00 target price on the stock.

Arlo Technologies Price Performance

Shares of Arlo Technologies stock opened at $13.07 on Monday. Arlo Technologies has a 1 year low of $11.05 and a 1 year high of $19.94. The firm has a market cap of $1.42 billion, a PE ratio of 48.41 and a beta of 1.56. The company has a 50 day simple moving average of $13.58 and a two-hundred day simple moving average of $13.51.

Arlo Technologies (NYSE:ARLO) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.08. The business had revenue of $155.94 million during the quarter, compared to analysts’ expectations of $148.94 million. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.29%. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.17 EPS. Arlo Technologies has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at 0.170-0.230 EPS. As a group, research analysts anticipate that Arlo Technologies will post 0.12 earnings per share for the current year.

Insider Transactions at Arlo Technologies

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 27,297 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $15.52, for a total transaction of $423,649.44. Following the completion of the sale, the chief financial officer directly owned 442,110 shares in the company, valued at $6,861,547.20. This represents a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,775 shares of company stock worth $845,139 in the last ninety days. Corporate insiders own 2.90% of the company’s stock.

Institutional Trading of Arlo Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. raised its holdings in Arlo Technologies by 763.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock valued at $28,000 after buying an additional 1,748 shares during the last quarter. Continuum Advisory LLC bought a new stake in shares of Arlo Technologies in the 2nd quarter worth approximately $28,000. Quarry LP boosted its position in shares of Arlo Technologies by 42.0% in the 3rd 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. Strs Ohio purchased a new position in Arlo Technologies during the first quarter valued at $66,000. Finally, Quadrant Capital Group LLC bought a new position in Arlo Technologies in the 3rd quarter worth about $86,000. Institutional investors own 83.18% of the company’s stock.

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.