Arlo Technologies’ (ARLO) Overweight Rating Reaffirmed at Piper Sandler

Arlo Technologies (NYSE:ARLO)‘s stock had its “overweight” rating reissued by equities research analysts at Piper Sandler in a research report issued on Friday, Benzinga reports. They currently have a $17.00 target price on the stock, up from their prior target price of $16.00. Piper Sandler‘s target price would indicate a potential upside of 25.76% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arlo Technologies in a research report on Friday, October 30th. Wall Street Zen cut shares of Arlo Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 31st. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $20.40.

Arlo Technologies Stock Down 8.9%

ARLO opened at $13.52 on Friday. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 49.50 and a beta of 1.59. Arlo Technologies has a 52 week low of $11.05 and a 52 week high of $16.89. The business’s 50 day moving average is $13.07 and its two-hundred day moving average is $13.39.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.04. The business had revenue of $149.18 million during the quarter, compared to the consensus estimate of $144.93 million. Arlo Technologies had a return on equity of 17.29% and a net margin of 5.20%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.16 earnings per share. Equities analysts expect that Arlo Technologies will post 0.12 EPS for the current fiscal year.

Insider Transactions at Arlo Technologies

In other Arlo Technologies news, CFO Kurtis Binder sold 83,211 shares of the business’s stock in a transaction on Monday, September 28th. The shares were sold at an average price of $12.44, for a total value of $1,035,144.84. Following the transaction, the chief financial officer directly owned 358,899 shares of the company’s stock, valued at approximately $4,464,703.56. The trade was a 18.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 129,963 shares of company stock valued at $1,705,100. Insiders own 2.90% of the company’s stock.

Institutional Trading of Arlo Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lazard Asset Management LLC increased its stake in shares of Arlo Technologies by 154.7% during the first quarter. Lazard Asset Management LLC now owns 114,335 shares of the company’s stock worth $1,627,000 after acquiring an additional 69,440 shares during the period. Rice Hall James & Associates LLC raised its holdings in Arlo Technologies by 2.3% during the first quarter. Rice Hall James & Associates LLC now owns 3,659,888 shares of the company’s stock worth $52,080,000 after purchasing an additional 83,276 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Arlo Technologies by 74.0% during the first quarter. Janus Henderson Group PLC now owns 1,615,569 shares of the company’s stock worth $22,990,000 after purchasing an additional 687,129 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in Arlo Technologies during the second quarter worth about $625,000. Finally, Granahan Investment Management LLC lifted its position in Arlo Technologies by 245.6% in the first quarter. Granahan Investment Management LLC now owns 1,169,490 shares of the company’s stock valued at $16,642,000 after purchasing an additional 831,108 shares during the period. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Key Headlines Impacting Arlo Technologies

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Q3 adjusted EPS was $0.24, ahead of the $0.20 consensus and up from $0.16 a year earlier. Revenue of $149.18 million beat the $144.93 million estimate and rose 6.9% year over year. Arlo Reports Third Quarter 2026 Results
• Positive Sentiment: Management highlighted 20% growth in subscriptions and services revenue and adjusted EBITDA growth of more than 50%, supporting the case for improving recurring revenue and profitability. Arlo Reports Third Quarter 2026 Results
• Neutral Sentiment: CFO Kurtis Binder sold 33,394 shares for about $502,000 under a pre-arranged Rule 10b5-1 plan. He retained 312,147 shares, which may lessen concern that the sale signals a changed outlook. SEC filing
• Negative Sentiment: Q4 guidance calls for revenue of $137 million–$147 million, below Q3’s $149.18 million, and adjusted EPS of $0.17–$0.23. This outlook may be weighing on the shares despite the Q3 beat; coverage also described the stock as dropping after the results. Q4 revenue outlook

About Arlo Technologies

Arlo Technologies, Inc is a smart home security company that develops connected devices and cloud-based services designed to help consumers monitor and protect their homes, businesses and other properties. Its product portfolio includes wire-free and wired security cameras, video doorbells, floodlight cameras, home security systems and related accessories.

Arlo’s products typically connect through mobile applications and cloud services, providing features such as live video, motion detection, two-way audio, night vision and notifications.