Is Arlo Technologies (ARLO) Stock Outpacing Its Computer and Technology Peers This Year?

Group 1 - Arlo Technologies (ARLO) has shown a year-to-date performance increase of approximately 25.6%, outperforming the average return of 25.2% for the Computer and Technology sector [4] - The Zacks Consensus Estimate for ARLO's full-year earnings has increased by 228.6% over the past quarter, indicating a positive trend in analyst sentiment [4] - Arlo Technologies is ranked 1 (Strong Buy) in the Zacks Rank system, which focuses on earnings estimates and revisions [3] Group 2 - Arlo Technologies is part of the Internet - Software industry, which consists of 168 companies and is currently ranked 53 in the Zacks Industry Rank [6] - The Internet - Software industry has gained an average of 9.7% year-to-date, with ARLO outperforming this average [6] - In comparison, Lam Research (LRCX), another stock in the Computer and Technology sector, has returned 138.5% year-to-date and is part of the Electronics - Semiconductors industry, which is ranked 90 [5][6]