Is Arlo Technologies, Inc. (ARLO) a Sell? The Stock Declines Again

The stock of Arlo Technologies, Inc. (NYSE:ARLO) is a huge mover today! The stock decreased 3.74% or $0.14 during the last trading session, reaching $3.6. About 1.09M shares traded or 48.39% up from the average. Arlo Technologies, Inc. (NYSE:ARLO) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.
The move comes after 5 months negative chart setup for the $273.90 million company. It was reported on Sep, 13 by Barchart.com. We have $3.46 PT which if reached, will make NYSE:ARLO worth $10.96M less.

Analysts await Arlo Technologies, Inc. (NYSE:ARLO) to report earnings on October, 24. They expect $-0.47 EPS, down 370.00 % or $0.37 from last year’s $-0.1 per share. After $-0.45 actual EPS reported by Arlo Technologies, Inc. for the previous quarter, Wall Street now forecasts 4.44 % negative EPS growth.

More notable recent Arlo Technologies, Inc. (NYSE:ARLO) news were published by: Seekingalpha.com which released: “Arlo Technologies Prepares For $194 Million IPO – Seeking Alpha” on July 23, 2018, also Seekingalpha.com with their article: “Arlo IPO: Promising Business And Revenues Growing By 100% Y/Y – Seeking Alpha” published on July 10, 2018, Marketwatch.com published: “Arlo stock tumbles more than 40% as company faces ‘race against the clock’ – MarketWatch” on February 06, 2019. More interesting news about Arlo Technologies, Inc. (NYSE:ARLO) were released by: Globenewswire.com and their article: “CLASS ACTION UPDATE for SPB, ARLO, MU and GE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” published on March 19, 2019 as well as Fool.com‘s news article titled: “Why Arlo Technologies, Inc. Stock Plunged Today – Motley Fool” with publication date: October 26, 2018.

Arlo Technologies, Inc. provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular network Internet connection in the Americas, Europe, the Middle-East and Africa, and the Asia Pacific regions. The company has market cap of $273.90 million. It offers Arlo Security Camera, a battery-operated Wi-Fi security camera; Arlo Q and Arlo Q Plus, an indoor wired solution that allow users to monitor their surroundings; Arlo Pro, a battery-operated weather-resistant Wi-Fi camera; Arlo Go, an LTE-enabled wire-free camera that provides untethered mobile monitoring; and Arlo Baby, a baby monitor with air quality and temperature sensors, motion and audio detection, and advanced night vision. It currently has negative earnings. The firm also offers Arlo Pro 2, a battery-operated weather-resistant Wi-Fi camera with advancements in sound and motion detection; Arlo Security Light, a wire-free lighting product; and accessories, such as charging accessories, device mounts, and device skins.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.