Arlo Technologies, Inc. (ARLO)
NYSE: ARLO · IEX Real-Time Price · USD
12.73
-0.04 (-0.31%)
Mar 28, 2024, 2:33 PM EDT - Market open

Arlo Technologies Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Arlo Technologies stock have an average target of 15.25, with a low estimate of 13 and a high estimate of 17. The average target predicts an increase of 19.80% from the current stock price of 12.73.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $13 $15.25 $17 $17
Change +2.12% +19.80% +33.54% +33.54%
* Price targets were last updated on Oct 31, 2023.

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 444444
Buy 111110
Hold 000000
Sell 000000
Strong Sell 000000
Total 555554

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Initiates
$13
Strong Buy Initiates $13 +2.12% Oct 31, 2023
BWS Financial
BWS Financial
Strong Buy
Maintains
$11$17
Strong Buy Maintains $11$17 +33.54% Aug 11, 2023
Lake Street
Lake Street
Strong Buy
Maintains
$12$14
Strong Buy Maintains $12$14 +9.98% Aug 11, 2023
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$17
Strong Buy Initiates $17 +33.54% Jun 29, 2023
BWS Financial
BWS Financial
Strong Buy
Maintains
$8$11
Strong Buy Maintains $8$11 -13.59% May 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
541.13M
from 491.18M
Increased by 10.17%
Revenue Next Year
597.11M
from 541.13M
Increased by 10.35%
EPS This Year
0.40
from -0.24
EPS Next Year
0.53
from 0.40
Increased by 32.32%
Year 2019202020212022202320242025
Revenue
370.01M357.15M435.14M490.41M491.18M541.13M597.11M
Revenue Growth
-20.41%-3.47%21.83%12.70%0.16%10.17%10.35%
EPS
-1.14-1.30-0.68-0.65-0.240.400.53
EPS Growth
------32.32%
No. Analysts -----73
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 563.2M 624.9M
Avg 541.1M 597.1M
Low 516.5M 567.9M

Revenue Growth

Revenue Growth 20242025
High
14.7%
15.5%
Avg
10.2%
10.3%
Low
5.1%
4.9%

EPS Forecast

EPS 20242025
High 0.51 0.55
Avg 0.40 0.53
Low 0.33 0.51

EPS Growth

EPS Growth 20242025
High -
36.2%
Avg -
32.3%
Low -
27.1%
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.