Arlo Technologies, Inc. (ARLO)
NYSE: ARLO · Real-Time Price · USD
10.16
-0.47 (-4.42%)
Oct 31, 2024, 4:00 PM EDT - Market closed
Arlo Technologies Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Arlo Technologies stock have an average target of 19.67, with a low estimate of 17 and a high estimate of 24. The average target predicts an increase of 93.60% from the current stock price of 10.16.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 27, 2024.
Analyst Ratings
The average analyst rating for ARLO stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Buy Maintains $24 | Strong Buy | Maintains | $24 | +136.22% | Sep 27, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $24 | Strong Buy | Maintains | $24 | +136.22% | Aug 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +77.17% | Jul 22, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $24 | Strong Buy | Maintains | $24 | +136.22% | Jul 9, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | +67.32% | May 10, 2024 |
Financial Forecast
Revenue This Year
538.07M
from 491.18M
Increased by 9.55%
Revenue Next Year
576.10M
from 538.07M
Increased by 7.07%
EPS This Year
0.41
from -0.24
EPS Next Year
0.53
from 0.41
Increased by 28.21%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 558.7M | 611.9M |
| Avg | 538.1M | 576.1M |
| Low | 513.4M | 541.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 13.7% | 13.7% |
| Avg | 9.5% | 7.1% |
| Low | 4.5% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.44 | 0.61 |
| Avg | 0.41 | 0.53 |
| Low | 0.37 | 0.43 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 47.0% |
| Avg | - | 28.2% |
| Low | - | 4.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.