Arlo Technologies Inc

ARLO is entrenched in a Stage 3 distribution with successive lower highs and flattening EMAs acting as resistance. Medium-term bias is bearish, but short-term price is chopping around flat EMAs without clear exhaustion or reversal, so selling should be deferred. Execution will occur by trimming into rallies near the 9/21 EMA confluence and 50 DMA.

• ↑Q1 2025 added 298 k subscribers, driving ARPU to $13.48 (51% YoY)
• ↑Partnerships with Samsung and ADT expand service reach to ~40 M U.S. homes
• ↓Negative gross margins on products before tariff relief signal margin risk