ARLO
Arlo Technologies, Inc.
ARLO has the edge over BA overall, supported by stronger fundamentals and stronger modeled upside.
BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
ARLO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
ARLO's revenue, profitability, cash flow and balance sheet are all currently healthy.
BA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
BA's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
ARLO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $11.83 | — |
| Cheap | 46x | $10.61 | -10% |
| Current | 51x | $11.83 | — |
| Fair | 54x | $12.51 | +5.8% |
| Expensive | 444x | $102 | +763% |
Historical ranges are pointers, not guarantees.
ARLO's PE is in its fair range at 51x. If earnings grow as analysts expect, today's price would be 12x next year's earnings, in its cheap range.
BA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $172 | — |
| Cheap | 51x | $496 | +189% |
| Fair | 82x | $790 | +360% |
| Expensive | 91x | $876 | +411% |
Historical ranges are pointers, not guarantees.
BA has the edge over ARLO in the historical PE scenario, which offers more potential upside but is not a forecast.
ARLO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for ARLO, with profitability improving.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect BA to return to profit, with revenue growing. However, they disagree widely on these estimates.
ARLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.01 | +338% |
| Q3 2026 | $0.23 | +667% |
| Q2 2026 | $0.28 | +$0.35 |
| Q1 2026 | $0.28 | +$0.50 |
| Q4 2025 | $0.14 | +$0.45 |
| Q3 2025 | $0.03 | +$0.28 |
| Q2 2025 | -$0.07 | +$0.15 |
| Q1 2025 | -$0.22 | -$0.04 |
| Q4 2024 | -$0.31 | -$0.07 |
ARLO has the edge over BA on earnings, with more consistent year-over-year improvement.
BA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.66 | +$23.38 |
| Q2 2026 | $2.78 | +$19.33 |
| Q1 2026 | $2.53 | +$20.49 |
| Q4 2025 | $2.48 | +$20.84 |
| Q3 2025 | -$13.72 | -$0.83 |
| Q2 2025 | -$16.55 | -$10.93 |
| Q1 2025 | -$17.96 | -$14.42 |
| Q4 2024 | -$18.36 | -$14.69 |
BA has returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
ARLO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $149.2M | +6.9% |
| Q2 2026 | $155.9M | +21% |
| Q1 2026 | $150.4M | +26% |
| Q4 2025 | $141.3M | +16% |
| Q3 2025 | $139.5M | +1.4% |
| Q2 2025 | $129.4M | +1.5% |
| Q1 2025 | $119.1M | -4.1% |
| Q4 2024 | $121.6M | -10% |
ARLO's revenue has grown year over year for six quarters in a row: $149M last quarter, up 6.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.7% | +0.1 points |
| Q2 2026 | 1.6% | +0.1 points |
| Q1 2026 | 5% | +6.3 points |
| Q4 2025 | 3.3% | +8.3 points |
| Q3 2025 | 0.6% | +4.6 points |
| Q2 2025 | 1.5% | +12 points |
| Q1 2025 | -1.2% | +7.3 points |
| Q4 2024 | -5% | -4.6 points |
ARLO's operating margin was 0.7% last quarter, about level with the same quarter a year ago.
BA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.2B | +3.9% |
| Q2 2026 | $24.6B | +8% |
| Q1 2026 | $22.2B | +14% |
| Q4 2025 | $23.9B | +57% |
| Q3 2025 | $23.3B | +30% |
| Q2 2025 | $22.7B | +35% |
| Q1 2025 | $19.5B | +18% |
| Q4 2024 | $15.2B | -31% |
BA has the edge over ARLO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +22 points |
| Q2 2026 | 0.6% | +1.4 points |
| Q1 2026 | 2% | -0.3 points |
| Q4 2025 | 37% | +61 points |
| Q3 2025 | -21% | +12 points |
| Q2 2025 | -0.8% | +5.7 points |
| Q1 2025 | 2.4% | +2.9 points |
| Q4 2024 | -25% | -26 points |
BA has the edge over ARLO on profitability, with a higher operating margin.
ARLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.2M | +5.4% |
| Q2 2026 | $11.4M | +29% |
| Q1 2026 | $27.9M | -0.9% |
| Q4 2025 | $19.8M | +253% |
| Q3 2025 | $19.2M | +10% |
| Q2 2025 | $8.8M | +43% |
| Q1 2025 | $28.1M | +45% |
| Q4 2024 | $5.6M | -26% |
ARLO generated $79M in free cash flow over the past year, up 28% from the year before.
BA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $464M | +95% |
| Q2 2026 | $631M | +$831M |
| Q1 2026 | -$1.5B | +$836M |
| Q4 2025 | $375M | +$4.5B |
| Q3 2025 | $238M | +$2.2B |
| Q2 2025 | -$200M | +$4.1B |
| Q1 2025 | -$2.3B | +$1.6B |
| Q4 2024 | -$4.1B | -239% |
BA has the edge over ARLO on cash flow, with more consistent year-over-year improvement.
ARLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -215K shares |
| 1 year | +0.9% | +966K shares |
| 3 years | +17% | +16.4M shares |
| 5 years | +32% | +26.8M shares |
| Available history | +47% | +35.5M shares |
ARLO has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $14.1M |
| Q2 2026 | $22.9M |
| Q1 2026 | $7.3M |
| Q4 2025 | $18.8M |
| Q3 2025 | $10.7M |
| Q2 2025 | $910,000 |
| Q1 2025 | $15.2M |
ARLO spent $63M buying back its own shares over the past year.
BA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2.1M shares |
| 1 year | +4.3% | +32.8M shares |
| 3 years | +31% | +186M shares |
| 5 years | +35% | +204M shares |
| Available history | +40% | +227M shares |
BA has 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
ARLO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.2x | Net Cash |
| Q2 2026 | -4.5x | Net Cash |
| Q1 2026 | -7.7x | Net Cash |
| Q4 2025 | -14.6x | Net Cash |
ARLO has the edge over BA on leverage, with a lower net debt burden relative to earnings.
BA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 6.9x | High |
| Q2 2024 | 361.8x | High |
| Q1 2024 | 36.1x | High |
| Q4 2023 | 36.4x | High |
| Q3 2023 | 96.1x | High |
BA's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
ARLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 25.6 | Neutral |
ARLO's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
BA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.1 | Neutral |
| Stochastic | 9.6 | Oversold |
BA's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
ARLO PE vs Industrials Sector
| Metric | ARLO | Sector median | Relative |
|---|---|---|---|
| PE | 51x | 24x | 114% above |
| PE % | 42 | 58 | 16 pts below |
ARLO is trading at 51x earnings, a 114% premium to the Industrials sector's median of 24x.
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA has the edge over ARLO on valuation relative to its sector.
ARLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.7 | 7.1% below |
| 20 week MA | $13.2 | 11% below |
| 50 week MA | $13.4 | 12% below |
| 100 week MA | $13.8 | 14% below |
| 200 week MA | $11.9 | 0.8% below |
ARLO is in a downtrend: it's below all five of its weekly moving averages, and 0.8% below its 200-week average.
BA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.6 | 7.1% below |
| 20 week MA | $203.8 | 16% below |
| 50 week MA | $215.5 | 20% below |
| 100 week MA | $205.9 | 17% below |
| 200 week MA | $200.6 | 14% below |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
ARLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.25 | $8.03 | +89% |
| 2021 | $8.03 | $10.2 | +27% |
| 2022 | $10.2 | $3.45 | -66% |
| 2023 | $3.45 | $9.52 | +176% |
| 2024 | $9.52 | $11.5 | +20% |
| 2025 | $11.5 | $14.2 | +23% |
| 2026 YTD | $14.2 | $11.8 | -16% |
ARLO has the edge over BA on returns for 2026, with the stronger performance.
BA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.1 | $217.2 | -34% |
| 2021 | $217.2 | $204.2 | -6% |
| 2022 | $204.2 | $189.1 | -7.4% |
| 2023 | $189.1 | $260.7 | +38% |
| 2024 | $260.7 | $180.7 | -31% |
| 2025 | $180.7 | $216.4 | +20% |
| 2026 YTD | $216.4 | $171.6 | -21% |
BA has finished lower in four of the last six years. It's down 21% so far in 2026.