Arlo TechnologiesARLO
ARLO
About: Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. It provides different products and services such as, subscription based services like Arlo Secure, Arlo Total Security, Arlo Safe, and security devices, like smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras and home security systems. Geographically, the company generates majority of its revenue from the United States and rest from Spain, Ireland and other regions.
Employees: 363
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
345% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $547K
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
9% more funds holding
Funds holding: 200 [Q2] → 217 (+17) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 72
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
2.9% less ownership
Funds ownership: 92.2% [Q2] → 89.3% (-2.9%) [Q3]
8% less capital invested
Capital invested by funds: $1.17B [Q2] → $1.08B (-$92.1M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$24
113%
upside
Avg. target
$24
113%
upside
High target
$24
113%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
BWS Financial Hamed Khorsand 69% 1-year accuracy 112 / 162 met price target | 113%upside $24 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
2 weeks ago
Does Arlo Technologies (ARLO) Have the Potential to Rally 41.29% as Wall Street Analysts Expect?
The consensus price target hints at a 41.3% upside potential for Arlo Technologies (ARLO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Neutral
Business Wire
2 weeks ago
Arlo Technologies to Present at the Raymond James TMT and Consumer Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security company, today announced that Arlo management will present at the Raymond James TMT and Consumer Conference in New York. Event: Raymond James TMT and Consumer Conference Speaker: Matthew McRae, CEO Date: Tuesday, December 10, 2024 Time: 9:20 a.m. ET Place: New York, NY The presentation will also be webcast on Arlo's IR website at http://investor.arlo.com. Interested parties should ac.
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Predict a 50.75% Upside in Arlo Technologies (ARLO): Here's What You Should Know
The consensus price target hints at a 50.8% upside potential for Arlo Technologies (ARLO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Positive
Zacks Investment Research
1 month ago
All You Need to Know About Arlo Technologies (ARLO) Rating Upgrade to Buy
Arlo Technologies (ARLO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Seeking Alpha
1 month ago
Arlo: Timeless Products, Strong Execution
Arlo is a value-oriented pick with strong Q3 results and promising new features in its Security 5.0 platform, boosting premium plan sign-ups. Arlo's services revenue is growing rapidly, eclipsing hardware revenue, and the company has a long-term goal of 10 million paid accounts by 2030. Despite a competitive promotional environment, Arlo's strategy to drive hardware sales at lower margins is justified by its high-margin subscription services and low churn rates.
Neutral
Seeking Alpha
1 month ago
Arlo Technologies, Inc. (ARLO) Q3 2024 Earnings Call Transcript
Arlo Technologies, Inc. (NYSE:ARLO ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tahmin Clarke - Investor Relations Matthew McRae - CEO Kurt Binder - COO and CFO Conference Call Participants Jacob Stephan - Lake Street Mark Cash - Raymond James Hamed Khorsand - BWS Financial Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Arlo Technologies (ARLO) Q3 Earnings and Revenues Beat Estimates
Arlo Technologies (ARLO) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago.
Neutral
Business Wire
1 month ago
Arlo Reports Third Quarter 2024 Results
CARLSBAD, Calif.--(BUSINESS WIRE)--Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security company, today reported financial results for the third quarter ended September 29, 2024. “Arlo demonstrated operational excellence in the third quarter, driven by our services business, with our highly profitable ARR growing 21% to reach $242 million and non-GAAP service gross margin at 77%. The record non-GAAP operating margin translated to non-GAAP net income per share of $0.11 and robust f.
Neutral
PRNewsWire
1 month ago
Allstate and Arlo Team Up to Boost Home Protection Just in Time for The Holidays
New Arlo Total Security Bundle for Allstate Combines Professional Monitoring, Hardware, and Device Protection. NORTHBROOK, Ill.
Neutral
Business Wire
1 month ago
Allstate and Arlo Team Up to Boost Home Protection Just in Time for The Holidays
NORTHBROOK, Ill.--(BUSINESS WIRE)--As the holiday season nears, Allstate and Arlo, a leading smart home security brand, are introducing a smarter way to protect homeowners with The Arlo Total Security bundle for Allstate. “This exclusive package, offered at a special reduced price, helps homeowners rest easy with Arlo's advanced security system backed by a three-year extended protection plan from Allstate,” said Suren Gupta, president, protection products and enterprise services at Allstate. “I.
Charts implemented using Lightweight Charts™