BWS Financial Reiterates Buy Rating for Arlo Technologies (NYSE:ARLO)

Arlo Technologies (NYSE:ARLO)‘s stock had its “buy” rating reissued by equities researchers at BWS Financial in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $26.00 price target on the stock. BWS Financial’s price target would indicate a potential upside of 67.33% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Wall Street Zen upgraded shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Craig Hallum raised their price target on Arlo Technologies from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Weiss Ratings raised Arlo Technologies from a “sell (d-)” rating to a “hold (c-)” rating in a report on Friday, November 7th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $22.00 price objective (up previously from $15.00) on shares of Arlo Technologies in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Arlo Technologies currently has an average rating of “Moderate Buy” and an average price target of $23.00.

Arlo Technologies Price Performance

ARLO stock opened at $15.54 on Tuesday. The stock has a market capitalization of $1.65 billion, a P/E ratio of 518.11 and a beta of 1.69. Arlo Technologies has a 1-year low of $7.84 and a 1-year high of $19.94. The business has a fifty day moving average price of $17.62 and a 200-day moving average price of $16.27.

Arlo Technologies (NYSE:ARLO) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. The company had revenue of $139.53 million during the quarter, compared to the consensus estimate of $138.69 million. Arlo Technologies had a return on equity of 2.00% and a net margin of 0.84%.Arlo Technologies’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the company earned $0.11 EPS. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. As a group, analysts anticipate that Arlo Technologies will post -0.29 earnings per share for the current year.

Insider Activity at Arlo Technologies

In other Arlo Technologies news, CEO Matthew Blake Mcrae sold 95,430 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $16.99, for a total transaction of $1,621,355.70. Following the completion of the sale, the chief executive officer owned 1,747,591 shares of the company’s stock, valued at approximately $29,691,571.09. The trade was a 5.18% 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, General Counsel Brian Busse sold 9,171 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was 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 $11,372,698.24. This trade represents a 1.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 391,848 shares of company stock worth $6,707,126. Corporate insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On Arlo Technologies

Hedge funds have recently modified their holdings of the company. Smartleaf Asset Management LLC increased its stake in Arlo Technologies by 86.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company’s stock worth $28,000 after buying an additional 747 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of 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 in the last quarter. Strs Ohio bought a new position in shares of Arlo Technologies in the first quarter worth about $66,000. EverSource Wealth Advisors LLC grew its position in shares of Arlo Technologies by 1,682.9% during the second quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock worth $95,000 after purchasing an additional 5,301 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Arlo Technologies by 75,255.6% during the third quarter. Farther Finance Advisors LLC now owns 6,782 shares of the company’s stock worth $115,000 after purchasing an additional 6,773 shares in the last quarter. 83.18% of the stock is currently owned by institutional investors.

About Arlo Technologies

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.