Here's Why ARLO is a Must Buy Stock for Growth Oriented Investors

Core Viewpoint - Arlo Technologies (ARLO) has experienced a significant decline in share price, dropping 12.9% over the past month, while the broader Zacks Computer & Technology sector has returned 2.4% [1] Group 1: Financial Performance - Arlo Technologies' service revenues reached a record $61.9 million, reflecting a 21$12.24 per month [4] - The Zacks Consensus Estimate for 2025 revenues is projected at $513.50 million, indicating a year-over-year increase of 0.59%, while earnings are estimated at 56 cents per share, reflecting a 36.59% increase year over year [8] Group 2: Business Developments - The decline in ARLO's share price is attributed to a shift in consumer purchasing behavior towards lower price points, leading to reduced average selling prices and product revenues [2] - The launch of Arlo Secure 5.0 has significantly contributed to subscriber growth, offering innovative features that have attracted more users to premium plans [5] - ARLO's partnership with Allstate has introduced the Arlo Total Security bundle, enhancing home security solutions for Allstate's 6 million home insurance customers, further driving growth [6][7] Group 3: Market Position - Arlo Technologies has underperformed compared to peers like Amazon and Logitech, which have seen positive returns of 0.7% and 1.2% respectively over the same period [1] - Despite the challenges, the company maintains a Zacks Rank 1 (Strong Buy) and a Growth Score of B, indicating a favorable investment opportunity [10]