Professional
Added to YB: 2025-09-18
Pitch date: 2025-09-17
ARLO [neutral]
Arlo Technologies, Inc.
-32.35%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Arlo Technologies, Inc., together with its subsidiaries, provides cloud-based platform services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.
Market Cap
$1.5B
Pitch Price
$18.39
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.11
P/E
50.84
EV/Sales
2.36
Sector
Electronic Equipment, Instruments and Components
Category
growth
Pernas Research Passes On: Arlo Technologies, Inc.
ARLO pass: DIY security camera co w/ 5M subs (vs 300k in 2020), ARR grew $54M to $316M. Plans now $30/mo vs Ring/Nest at ~$15 despite limited differentiation. Growth driven by cheap hardware funnels & price hikes. Strong retail presence (80% sales via Costco/Best Buy/Home Depot). At 21x FY26 EV/EBITDA, growth appears unsustainable vs competition.
Read full article (1 min)