With upside potential of 66.04%, Arlo Technologies, Inc. (NYSE:ARLO) ranks among the stocks under $20 that will explode. The stock received an "Outperform" rating from Wall Street, building on a quarter that already drew **** yst attention.
On May 18, 2026, Oppenheimer initiated coverage of Arlo Technologies, Inc. (NYSE:ARLO) with an "Outperform" rating and a $20 price target. The **** yst said Arlo has executed one of the more successful business model transitions in consumer hardware, evolving from a low-cost camera vendor into a premium, service-first recurring revenue platform supported by a growing roster of strategic distribution partners. The firm pointed to accelerating subscription momentum and what it called a structural mispricing relative to Arlo's services-mix profile.
The **** yst noted that Arlo Technologies, Inc. (NYSE:ARLO)'s annual recurring revenue in 2025 grew 28% to $330 million, which, in his **** ysis, underlines the strength and momentum of this shift.
REDPIXEL.PL/Shutterstock.com
On the earnings side, Arlo Technologies, Inc. (NYSE:ARLO) reported subscriptions and services revenue of $90.1 million for the quarter ended March 29, 2026, up 30.9% year-over-year. Annual Recurring Revenue reached $356.9 million, growing 29.2%. Adjusted EBITDA rose 85.3% to $30.4 million, and non-GAAP EPS came in at $0.28.
On May 18, 2026, Oppenheimer initiated coverage of Arlo Technologies, Inc. (NYSE:ARLO) with an "Outperform" rating and a $20 price target. The **** yst said Arlo has executed one of the more successful business model transitions in consumer hardware, evolving from a low-cost camera vendor into a premium, service-first recurring revenue platform supported by a growing roster of strategic distribution partners. The firm pointed to accelerating subscription momentum and what it called a structural mispricing relative to Arlo's services-mix profile.
The **** yst noted that Arlo Technologies, Inc. (NYSE:ARLO)'s annual recurring revenue in 2025 grew 28% to $330 million, which, in his **** ysis, underlines the strength and momentum of this shift.
REDPIXEL.PL/Shutterstock.com
On the earnings side, Arlo Technologies, Inc. (NYSE:ARLO) reported subscriptions and services revenue of $90.1 million for the quarter ended March 29, 2026, up 30.9% year-over-year. Annual Recurring Revenue reached $356.9 million, growing 29.2%. Adjusted EBITDA rose 85.3% to $30.4 million, and non-GAAP EPS came in at $0.28.
5 months ago
