Arlo Technologies (NYSE:ARLO) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Arlo Technologies (NYSE:ARLO) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Sunday.

ARLO has been the topic of several other reports. BWS Financial restated a “buy” rating and set a $26.00 target price (up from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. Raymond James Financial restated an “outperform” rating and set a $22.00 target price (up from $15.00) on shares of Arlo Technologies in a report on Friday, August 8th. Craig Hallum raised their target price on shares of Arlo Technologies from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Finally, Zacks Research raised shares of Arlo Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 25th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, Arlo Technologies has a consensus rating of “Buy” and a consensus price target of $23.00.

Arlo Technologies Stock Performance

Shares of ARLO stock opened at $18.02 on Friday. The company has a market capitalization of $1.88 billion, a P/E ratio of -257.45 and a beta of 1.75. The company’s 50 day moving average price is $17.00 and its two-hundred day moving average price is $14.20. Arlo Technologies has a 52 week low of $7.84 and a 52 week high of $19.25.

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

Insider Transactions at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 113,912 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $18.56, for a total transaction of $2,114,206.72. Following the sale, the chief financial officer directly owned 809,615 shares in the company, valued at approximately $15,026,454.40. The trade was a 12.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Matthew Blake Mcrae sold 520,557 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total value of $9,057,691.80. Following the sale, the chief executive officer owned 1,621,835 shares in the company, valued at approximately $28,219,929. This trade represents a 24.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,934,479 shares of company stock valued at $33,280,072. 5.20% of the stock is owned by insiders.

Institutional Trading of Arlo Technologies

Institutional investors have recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. boosted its holdings in Arlo Technologies by 161.4% in the second quarter. First Horizon Advisors Inc. now owns 3,220 shares of the company’s stock valued at $55,000 after acquiring an additional 1,988 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Arlo Technologies by 1,682.9% in the second quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock valued at $95,000 after acquiring an additional 5,301 shares during the last quarter. Strs Ohio bought a new stake in Arlo Technologies in the first quarter valued at approximately $66,000. GAMMA Investing LLC boosted its holdings in Arlo Technologies by 40.9% in the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock valued at $71,000 after acquiring an additional 2,095 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Arlo Technologies in the second quarter valued at approximately $132,000. 83.18% of the stock is currently owned by institutional investors.

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.