Evaluating Arlo Technologies: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Arlo Technologies (NYSE:ARLO) has received bullish ratings from 4 analysts over the past three months, with a 12-month average price target of $22.5, reflecting a slight increase. The company shows strong revenue growth but faces challenges in profitability and asset utilization.
September 27, 2024 | 4:00 pm
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Arlo Technologies has been rated bullish by 4 analysts, with a 12-month price target of $22.5, indicating positive sentiment. The company shows strong revenue growth but struggles with profitability and asset utilization.
The bullish ratings from analysts and the increase in the average price target suggest positive sentiment towards Arlo Technologies. The company's strong revenue growth supports this view, although challenges in profitability and asset utilization may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100