Arlo Technologies Soars 10.07% on Bullish Analyst Ratings
1min read On May 1, 2025, arlo technologies surged 10.07% in pre-market trading, reflecting a significant uptick in investor interest and confidence in the company's future prospects.
Analysts from lake Street highlighted Arlo Technologies' robust performance, maintaining a price target of $17. This optimistic outlook is underpinned by the company's growth potential and strategic initiatives, which have garnered positive attention from the investment community.
Craig Hallum also increased their price objective on Arlo Technologies from $15.00 to $17.00, reiterating a "buy" rating. This move underscores the growing consensus among analysts that Arlo Technologies is poised for further growth.
Ask Aime: Could Arlo Technologies' surge in pre-market trading signal a bullish market trend?
Additionally, BWS Financial reissued a "buy" rating and set a $24.00 price objective on shares of Arlo Technologies, further bolstering the bullish sentiment surrounding the company.
Investors are also closely monitoring the options market, where recent activity suggests potential volatility in Arlo Technologies' stock. This heightened interest in the options market could indicate that traders are anticipating significant price movements in the near future.
