Arlo Technologies (ARLO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Investors need to pay close attention to Arlo Technologies (ARLO) stock based on the movements in the options market lately.
Arlo continues to be an attractive value play that stands out in an expensive stock market. The company achieved tremendous Q1 results that showed strong services revenue growth. Sequential adds in both subscribers and ARR eclipsed even Q4, which had the benefit of holiday sales.