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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Buy | 1 | 1 | 1 | 1 | 1 | 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 | 5 | 4 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 563.2M | 624.9M |
Avg | 541.1M | 597.1M |
Low | 516.5M | 567.9M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 14.7% | 15.5% |
Avg | 10.2% | 10.3% |
Low | 5.1% | 4.9% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.51 | 0.55 |
Avg | 0.40 | 0.53 |
Low | 0.33 | 0.51 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.