From what 5 stock analysts predict, the share price for Arlo Technologies Inc (ARLO) might increase by 64.41% in the next year. This is based on a 12-month average estimation for ARLO. Price targets go from $15 to $24. The majority of stock analysts believe ARLO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assignedARLO 4 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Arlo Technologies Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ARLO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ARLO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Hamed Khorsand BWS Financial | Buy | $24 | Maintains | Sep 27, 2024 |
Hamed Khorsand BWS Financial | Buy | $24 | Maintains | Aug 9, 2024 |
Scott Searle Roth MKM | Buy | $18 | Maintains | Jul 22, 2024 |
Hamed Khorsand BWS Financial | Buy | $24 | Maintains | Jul 9, 2024 |
Hamed Khorsand BWS Financial | Buy | $17 | Maintains | May 10, 2024 |
Scott Searle Roth MKM | Buy | $16.5 | Maintains | May 10, 2024 |
Anthony Stoss Craig-Hallum | Buy | $17 | Maintains | May 10, 2024 |
Hamed Khorsand BWS Financial | Buy | $17 | Maintains | Apr 24, 2024 |
Scott Searle Roth MKM | Buy | $13 | Initiates | Oct 31, 2023 |
Mark Argento Lake Street | Buy | $14 | Maintains | Aug 11, 2023 |
Hamed Khorsand BWS Financial | Buy | $17 | Maintains | Aug 11, 2023 |
Anthony Stoss Craig-Hallum | Buy | $17 | Initiates | Jun 29, 2023 |
Hamed Khorsand BWS Financial | Buy | $11 | Maintains | May 12, 2023 |
Mark Argento Lake Street | Buy | $12 | Maintains | May 12, 2023 |
Hamed Khorsand BWS Financial | Buy | $8 | Maintains | Nov 9, 2022 |
Adam Tindle Raymond James | Outperform | $11 | Maintains | Nov 9, 2022 |
Hamed Khorsand BWS Financial | Buy | $15 | Maintains | Mar 2, 2022 |
Adam Tindle Raymond James | Outperform | $14 | Maintains | Mar 2, 2022 |
Jeffrey Rand Deutsche Bank | Buy | $14 | Maintains | Mar 2, 2022 |
Lake Street | Buy | Initiates | Jan 25, 2022 |
When did it IPO
2018
Staff Count
363
Country
United States
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. Matthew Blake McRae
Market Cap
$1.09B
In 2023, ARLO generated $491.2M in revenue, which was a increase of 0.16% from the previous year. This can be seen as a signal that ARLO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Arlo Technologies launched Arlo Secure 5, featuring new AI technology for personalized smart home security, enhancing their subscription services.
Why It Matters - Arlo's launch of AI-powered security subscriptions could enhance customer retention and revenue growth, positively impacting its market position and stock performance.
Summary - Arlo Technologies' Board has approved a $50 million share repurchase program, citing improving profitability and cash position. This move aims to benefit the company and its shareholders.
Why It Matters - Arlo's $50 million share repurchase signals confidence in its financial health and profitability, potentially boosting share value and appealing to investors seeking stability and growth.
Summary - Arlo Technologies Inc (NYSE:ARLO) and Applied Optoelectronics Inc (NASDAQ:AAOI) are experiencing significant intraday stock movements, highlighted in Schaeffer's Cheap Seats segment.
Why It Matters - Arlo Technologies and Applied Optoelectronics experiencing significant intraday price changes may signal trading opportunities or volatility, impacting short-term investment strategies.
Summary - Arlo, a small-cap home security firm, shifts to subscription revenue with high retention. Despite Q2 stock dip, it remains a buy at ~$10 due to low churn and growth potential.
Why It Matters - Arlo's shift to subscription revenue and high retention rates indicate strong future cash flow, while its low valuation and growth strategy enhance its attractiveness as a potential investment.
Summary - Arlo Technologies, Inc. (NYSE:ARLO) will hold its Q2 2024 Earnings Conference Call on August 8, 2024, at 5:00 PM ET, featuring key executives and financial analysts.
Why It Matters - The earnings call for Arlo Technologies may reveal key financial performance metrics and strategic insights, influencing investor sentiment and stock valuation.
Summary - Arlo Technologies reported Q2 2024 results with over 4 million paid accounts and 76% non-GAAP gross margin. Non-GAAP net income per share was $0.19, with free cash flow exceeding $25 million.
Why It Matters - Arlo's strong service growth and high margins indicate robust revenue potential, driving profitability and cash flow, making it an attractive investment opportunity.