Market Summary
USD5.40-0.19
Market Closed-3.40%
ARLO Stock Price
ARLO RSI Chart
ARLO Valuation
ARLO Price/Sales (Trailing)
ARLO Profitability
ARLO Fundamentals
ARLO Revenue
ARLO Earnings
Price Action
52 Week Range
2.939.29
(Low)(High)
Last 7 days
-8.3%
Last 30 days
35%
Last 90 days
56.5%
Trailing 12 Months
-39.1%
ARLO Financial Health
ARLO Investor Care
Peers (Alternatives to Arlo Tech)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
APH | 46.8B | 12.6B | 1.84% | 4.56% | 24.58 | 3.7 | 16.06% | 19.58% |
KEYS | 33.7B | 5.4B | -1.89% | -1.50% | 30.02 | 6.23 | 9.69% | 25.73% |
GLW | 27.8B | 14.2B | -4.56% | -12.29% | 21.11 | 1.96 | 0.76% | -30.95% |
ZBRA | 14.9B | 5.8B | -5.29% | -32.44% | 30.01 | 2.57 | 2.74% | -44.68% |
JBL | 11.2B | 34.5B | 1.15% | 34.23% | 11.44 | 0.32 | 15.08% | 32.70% |
| MID-CAP | ||||||||
DLB | 7.9B | 1.2B | 0.58% | 9.22% | 43.3 | 6.42 | -0.48% | -28.07% |
IPGP | 5.6B | 1.4B | -7.06% | 1.26% | 51.17 | 3.93 | -2.14% | -60.52% |
FN | 4.1B | 2.5B | -9.29% | 4.95% | 17.28 | 1.64 | 17.99% | 35.28% |
PLXS | 2.6B | 4.1B | -2.85% | 13.90% | 16.63 | 0.64 | 21.81% | 24.48% |
| SMALL-CAP | ||||||||
OSIS | 1.7B | 1.2B | 5.97% | 19.01% | 16.02 | 1.4 | 1.62% | 24.63% |
KN | 1.5B | 764.7M | -3.32% | -24.94% | -3.45 | 1.94 | -11.91% | -385.97% |
BHE | 796.8M | 2.9B | -6.90% | -9.54% | 11.68 | 0.28 | 27.98% | 90.74% |
ARLO | 480.0M | 490.4M | 35.00% | -39.12% | -8.48 | 0.98 | 12.70% | -1.07% |
LASR | 433.5M | 242.1M | -25.84% | -46.63% | -7.94 | 1.79 | -10.40% | -83.96% |
MVIS | 374.7M | - | -13.64% | -48.18% | -7.06 | 0.22 | -14.17% | -22.90% |
Financials for Arlo Tech
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -4.7% | 490,414,000 | 514,748,000 | 497,740,000 | 477,332,000 | 435,137,000 |
| Gross Profit | 0.2% | 136,035,000 | 135,781,000 | 123,374,000 | 115,803,000 | 108,035,000 |
| Operating Expenses | 8.7% | 192,914,000 | 177,465,000 | 166,233,000 | 173,141,000 | 168,173,000 |
| S&GA Expenses | 12.4% | 70,081,000 | 62,331,000 | 52,917,000 | 50,870,000 | 48,909,000 |
| R&D Expenses | 1.3% | 64,709,000 | 63,896,000 | 61,802,000 | 60,651,000 | 59,063,000 |
| EBITDA | -44.7% | -50,484,000 | -34,885,000 | -35,815,000 | -47,366,000 | - |
| EBITDA Margin | -51.9% | -0.10 | -0.07 | -0.07 | -0.10 | - |
| Earnings Before Taxes | -37.9% | -55,651,000 | -40,366,000 | -41,252,000 | -53,079,000 | -55,352,000 |
| EBT Margin | -44.7% | -0.11 | -0.08 | -0.08 | -0.11 | - |
| Interest Expenses | 269.4% | 399,000 | 108,000 | -18,000 | 11,000 | - |
| Net Income | -37.2% | -56,626,000 | -41,263,000 | -42,026,000 | -53,789,000 | -56,029,000 |
| Net Income Margin | -44.0% | -0.12 | -0.08 | -0.08 | -0.11 | - |
| Free Cahsflow | -81.2% | -47,972,000 | -26,469,000 | -30,765,000 | -19,349,000 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -17.8% | 272 | 331 | 300 | 312 | 347 |
| Current Assets | -20.0% | 233 | 291 | 257 | 270 | 304 |
| Cash Equivalents | 4.0% | 84.00 | 81.00 | 86.00 | 101 | 176 |
| Inventory | -36.4% | 47.00 | 73.00 | 39.00 | 37.00 | 38.00 |
| Net PPE | 11.4% | 7.00 | 7.00 | 7.00 | 9.00 | 10.00 |
| Goodwill | 0% | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Liabilities | -21.1% | 185 | 234 | 197 | 200 | 235 |
| Current Liabilities | -23.1% | 162 | 211 | 173 | 177 | 211 |
| Shareholder's Equity | -9.9% | 88.00 | 97.00 | 102 | 112 | 113 |
| Retained Earnings | -6.9% | -345 | -323 | -308 | -297 | -288 |
| Additional Paid-In Capital | 2.9% | 433 | 421 | 411 | 409 | 401 |
| Accumulated Depreciation | -0.1% | 31.00 | 31.00 | 30.00 | 29.00 | - |
| Shares Outstanding | 0.5% | 89.00 | 88.00 | 88.00 | 86.00 | 84.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -81.5% | -45.96 | -25.32 | -29.11 | -17.59 | -23.20 |
| Share Based Compensation | 14.7% | 48.00 | 42.00 | 40.00 | 39.00 | 38.00 |
| Cashflow From Investing | 30.8% | -31.77 | -45.91 | -51.63 | -41.40 | 18.00 |
| Cashflow From Financing | 0.6% | -13.94 | -14.03 | -12.41 | -12.20 | -4.97 |
Risks for ARLO
What is the probability of a big loss on ARLO?
98.0%
Probability that Arlo Tech stock will be more than 20% underwater in next one year
91.8%
Probability that Arlo Tech stock will be more than 30% underwater in next one year.
66.1%
Probability that Arlo Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ARLO drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Arlo Tech was unfortunately bought at previous high price.
Drawdowns
Returns for ARLO
Cumulative Returns on ARLO
43.4%
3-Year Cumulative Returns
Which funds bought or sold ARLO recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.02 | -20,830 | 65,170 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 42.7 | 1,000 | 10,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 90.04 | 159,973 | 524,973 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -24,000 | 77,000 | -% |
2023-02-21 | KB FINANCIAL PARTNERS, LLC | added | 16.31 | -25,000 | 184,000 | 0.06% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | unchanged | - | -1,857 | 7,143 | -% |
2023-02-16 | SkyView Investment Advisors, LLC | added | 16.49 | -26,000 | 194,000 | 0.06% |
2023-02-16 | HARBOUR INVESTMENTS, INC. | unchanged | - | -653 | 347 | -% |
2023-02-15 | State of Tennessee, Treasury Department | added | 27.31 | -10,000 | 253,000 | -% |
2023-02-15 | State of Wyoming | reduced | -10.94 | -72,432 | 150,568 | 0.05% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Arlo Tech News
Schedule 13G FIlings of Arlo Tech
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | primecap management co/ca/ | 5.48% | 4,845,270 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 8.88% | 7,851,933 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 15.5% | 13,703,670 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 15.5% | 13,703,670 | SC 13G | |
| Feb 10, 2022 | primecap management co/ca/ | 6.26% | 5,279,310 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 7.15% | 6,026,244 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 14.9% | 12,581,668 | SC 13G/A | |
| Jan 26, 2022 | blackrock inc. | 14.9% | 12,581,668 | SC 13G/A | |
| Feb 12, 2021 | primecap management co/ca/ | 6.34% | 5,008,840 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 6.52% | 5,151,121 | SC 13G/A |
ARLO Fair Value
Arlo Tech fair value in different scenarios
The table shows the Fair Value estimates for Arlo Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 0.42 -92.22% | 0.67 -87.59% | 1.37 -74.63% | 2.31 -57.22% | 3.51 -35.00% |
| Current Inflation | 0.41 -92.41% | 0.65 -87.96% | 1.26 -76.67% | 2.09 -61.30% | 3.14 -41.85% |
| Very High Inflation | 0.40 -92.59% | 0.61 -88.70% | 1.13 -79.07% | 1.82 -66.30% | 2.69 -50.19% |
Historical Arlo Tech Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Arlo Tech
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 13, 2023 | 8-K | Current Report | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 10-K | Annual Report | |
| Mar 07, 2023 | 8-K | Current Report | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for ARLO
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-09 | Rothstein Amy M | sold | -240,000 | 6.00 | -40,000 | - |
2023-03-07 | Busse Brian | acquired | - | - | 48,872 | general counsel |
2023-03-07 | Busse Brian | sold (taxes) | -60,333 | 3.57 | -16,900 | general counsel |
2023-03-07 | BINDER KURTIS JOSEPH | sold (taxes) | -40,537 | 3.57 | -11,355 | chief financial officer |
2023-03-07 | MCRAE MATTHEW BLAKE | sold (taxes) | -337,651 | 3.57 | -94,580 | ceo |
2023-03-07 | BINDER KURTIS JOSEPH | acquired | - | - | 23,616 | chief financial officer |
2023-03-07 | MCRAE MATTHEW BLAKE | acquired | - | - | 197,994 | ceo |
2023-02-15 | Summers Grady | bought | 14,932 | 4.27 | 3,497 | - |
2023-02-05 | MCRAE MATTHEW BLAKE | sold (taxes) | -164,169 | 4.32 | -38,002 | ceo |
2023-02-05 | Busse Brian | sold (taxes) | -23,254 | 4.32 | -5,383 | general counsel |
Arlo Technologies, Inc., together with its subsidiaries, provides a cloud-based platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. It combines an intelligent cloud infrastructure and mobile app with various smart connected devices. The company offers Arlo essential indoor camera; Arlo Go 2 LTE/Wi-Fi security camera; Arlo Q and Arlo Q Plus, an indoor wired solution that allows users to monitor their surroundings; and Arlo Go, an LTE-enabled wire-free camera that provides untethered mobile security. It also provides Arlo Baby, a baby monitor with air quality and temperature sensors, motion and audio detection, and advanced night vision; Arlo Chime that pairs with the Arlo Video Doorbell to play a variety of ringtones or act as a siren; Arlo Ultra, an integrated spotlight and crystal-clear two-way audio with advanced noise cancellations camera; Arlo Pro 3, an integrated spotlight with color night vision camera; Arlo Video Doorbell delivers direct-to-mobile video calls and personalized alerts; Arlo Floodlight Camera, a wire-free variant LED camera, as well as Arlo Essential Spotlight; Arlo Ultra 2; Arlo Essential XL Spotlight; Arlo Essential Wire-Free Video Doorbell; and Arlo Pro 4 Wire-Free Spotlight. In addition, it provides Arlo accessories, such as charging accessories, device mounts, and device skins. Further, it offers Arlo app for iOS and Android devices that allow users to connect various devices; and Arlo Secure, with coverage for unlimited cameras and an enhanced emergency response solutions. The company offers its products through retailers, wholesale distributors, broadcast channels, wireless carriers, and security solution providers, as well as through its website. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in Carlsbad, California.
ARLO Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Total revenue | $ 490,414 | $ 435,137 | $ 357,154 |
| Total cost of revenue | 354,379 | 327,102 | 301,765 |
| Gross profit | 136,035 | 108,035 | 55,389 |
| Operating expenses: | |||
| Research and development | 64,709 | 59,063 | 60,137 |
| Sales and marketing | 70,081 | 48,909 | 49,064 |
| General and administrative | 55,932 | 49,489 | 51,096 |
| Restructuring charges | 1,805 | 0 | 0 |
| Impairment charges | 0 | 9,116 | 0 |
| Others | 387 | 1,596 | (44) |
| Total operating expenses | 192,914 | 168,173 | 160,253 |
| Loss from operations | (56,879) | (60,138) | (104,864) |
| Interest income | 926 | 11 | 802 |
| Other income, net | 302 | 4,775 | 3,436 |
| Loss before income taxes | (55,651) | (55,352) | (100,626) |
| Provision for income taxes | 975 | 677 | 625 |
| Net loss | $ (56,626) | $ (56,029) | $ (101,251) |
| Net loss per share: | |||
| Basic (in dollars per share) | $ (0.65) | $ (0.68) | $ (1.30) |
| Diluted (in dollars per share) | $ (0.65) | $ (0.68) | $ (1.30) |
| Weighted average shares used to compute net loss per share: | |||
| Basic (in shares) | 87,173 | 82,688 | 78,084 |
| Diluted (in shares) | 87,173 | 82,688 | 78,084 |
| Comprehensive loss: | |||
| Net loss | $ (56,626) | $ (56,029) | $ (101,251) |
| Other comprehensive income (loss), net of tax | (107) | (3) | 5 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total | (56,733) | (56,032) | (101,246) |
| Products | |||
| Total revenue | 353,935 | 331,620 | 284,868 |
| Total cost of revenue | 308,692 | 285,334 | 263,905 |
| Services | |||
| Total revenue | 136,479 | 103,517 | 72,286 |
| Total cost of revenue | $ 45,687 | $ 41,768 | $ 37,860 |
ARLO Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 84,024 | $ 175,749 |
| Short-term investments | 29,700 | 0 |
| Accounts receivable, net | 65,960 | 79,564 |
| Inventories | 46,554 | 38,390 |
| Prepaid expenses and other current assets | 6,544 | 9,919 |
| Total current assets | 232,782 | 303,622 |
| Property and equipment, net | 7,336 | 9,595 |
| Operating lease right-of-use assets, net | 12,809 | 14,814 |
| Goodwill | 11,038 | 11,038 |
| Restricted cash | 4,155 | 4,107 |
| Other non-current assets | 4,081 | 4,314 |
| Total assets | 272,201 | 347,490 |
| Current liabilities: | ||
| Accounts payable | 52,132 | 84,098 |
| Deferred revenue | 11,291 | 29,442 |
| Accrued liabilities | 98,855 | 97,389 |
| Total current liabilities | 162,278 | 210,929 |
| Non-current operating lease liabilities | 19,279 | 21,470 |
| Other non-current liabilities | 2,949 | 2,439 |
| Total liabilities | 184,506 | 234,838 |
| Commitments and contingencies | ||
| Stockholders’ Equity: | ||
| Preferred stock: $0.001 par value; 50,000,000 shares authorized; none issued or outstanding | 0 | 0 |
| Common stock: $0.001 par value; 500,000,000 shares authorized; shares issued and outstanding: 88,887,139 at December 31, 2022 and 84,453,212 at December 31, 2021 | 89 | 84 |
| Additional paid-in capital | 433,138 | 401,367 |
| Accumulated other comprehensive loss | (107) | 0 |
| Accumulated deficit | (345,425) | (288,799) |
| Total stockholders’ equity | 87,695 | 112,652 |
| Total liabilities and stockholders’ equity | $ 272,201 | $ 347,490 |