Wall Street Analysts Predict a 50.75% Upside in Arlo Technologies (ARLO): Here's What You Should Know

Core Viewpoint - Arlo Technologies (ARLO) shows significant upside potential with a mean price target of $18, indicating a 50.8$11.94 [1] Price Targets and Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $4.24, suggesting variability among analysts [2] - The lowest estimate of$15 indicates a 25.6% increase, while the highest estimate suggests a 101% surge to $24 [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [7] Analyst Sentiment and Earnings Estimates - Analysts show growing optimism about ARLO's earnings prospects, as indicated by upward revisions in EPS estimates, which correlate with potential stock price increases [9] - Over the last 30 days, one estimate has increased, leading to a 48.8% rise in the Zacks Consensus Estimate [10] - ARLO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors [11] Caution on Price Targets - While price targets are often sought after, they can mislead investors, and reliance solely on them may lead to poor investment decisions [5][8] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6]