Arlo Technologies, Inc. (ARLO)
NYSE: ARLO · IEX Real-Time Price · USD
14.21
-0.05 (-0.35%)
May 31, 2024, 4:00 PM EDT - Market closed
Arlo Technologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Arlo Technologies stock have an average target of 16.13, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 13.51% from the current stock price of 14.21.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ARLO stock from 4 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 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 | 5 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | +19.63% | May 10, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $17 | Strong Buy | Maintains | $17 | +19.63% | May 10, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | +16.12% | May 10, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $17 | Strong Buy | Maintains | $17 | +19.63% | Apr 24, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | -8.52% | Oct 31, 2023 |
Financial Forecast
Revenue This Year
535.05M
from 491.18M
Increased by 8.93%
Revenue Next Year
579.11M
from 535.05M
Increased by 8.23%
EPS This Year
0.40
from -0.24
EPS Next Year
0.54
from 0.40
Increased by 34.88%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 554.7M | 611.6M |
| Avg | 535.1M | 579.1M |
| Low | 510.8M | 543.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.9% | 14.3% |
| Avg | 8.9% | 8.2% |
| Low | 4.0% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.43 | 0.61 |
| Avg | 0.40 | 0.54 |
| Low | 0.37 | 0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 51.2% |
| Avg | - | 34.9% |
| Low | - | 9.5% |
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.