Arlo Technologies (NYSE:ARLO) Stock Rating Lowered by Wall Street Zen

by · The Markets Daily

Arlo Technologies (NYSE:ARLO – Get Free Report) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday, Wall Street Zen reports.

Several other equities analysts have also commented on ARLO. Weiss Ratings lowered shares of Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, August 3rd. Oppenheimer initiated coverage on shares of Arlo Technologies in a report on Monday, May 18th. They issued an “outperform” rating and a $20.00 price target on the stock. UBS Group set a $20.00 price objective on shares of Arlo Technologies in a research note on Monday, May 18th. Piper Sandler upped their price objective on Arlo Technologies from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, William Blair began coverage on Arlo Technologies in a research report on Tuesday, July 7th. They issued an “outperform” rating on the stock. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $20.60.

View Our Latest Research Report on Arlo Technologies

Arlo Technologies Trading Down 0.5%

Shares of NYSE:ARLO opened at $13.90 on Friday. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 51.48 and a beta of 1.54. The stock’s 50-day moving average price is $13.64 and its two-hundred day moving average price is $13.59. Arlo Technologies has a 12-month low of $11.05 and a 12-month high of $19.94.

Arlo Technologies (NYSE:ARLO – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.08. The company had revenue of $155.94 million during the quarter, compared to the consensus estimate of $148.94 million. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.29%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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 forecast that Arlo Technologies will post 0.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Arlo Technologies news, CFO Kurtis 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 value of $423,649.44. Following the completion of the transaction, the chief financial officer directly owned 442,110 shares of the company’s stock, valued at $6,861,547.20. This represents a 5.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 57,775 shares of company stock valued at $845,139. Insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in Arlo Technologies during the 2nd quarter worth approximately $235,992,000. Vanguard Group Inc. raised its stake in shares of Arlo Technologies by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 10,691,336 shares of the company’s stock valued at $149,572,000 after purchasing an additional 32,770 shares in the last quarter. Brandes Investment Partners LP increased its holdings in Arlo Technologies by 27.6% in the fourth quarter. Brandes Investment Partners LP now owns 8,198,707 shares of the company’s stock valued at $114,700,000 after buying an additional 1,772,063 shares during the last quarter. Wasatch Advisors LP grew its position in shares of Arlo Technologies by 9.0% in the 2nd quarter. Wasatch Advisors LP now owns 5,915,935 shares of the company’s stock worth $79,747,000 after acquiring an additional 489,668 shares in the last quarter. Finally, State Street Corp raised its position in shares of Arlo Technologies by 5.3% during the 2nd 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 in the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

About Arlo Technologies

(Get Free Report)

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.

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