NETGEAR, Inc. (NASDAQ:NTGR) Receives Average Rating of "Buy" from Analysts

Key Points

• NETGEAR, Inc. has been assigned an average rating of "Buy" by three brokerages, with a 12-month price target of $33.00.
• The company's latest earnings report revealed an EPS of $0.06, exceeding expectations and showing a 18.5% revenue increase year-over-year.
• Insider trading activity includes Director Shravan Goli selling 2,047 shares at approximately $29.95, reducing his holdings by 6.54%.

Shares of NETGEAR, Inc. (NASDAQ:NTGR - Get Free Report) have been given an average rating of "Buy" by the three brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $33.00.

NTGR has been the subject of several analyst reports. UBS Group set a $35.00 price objective on shares of NETGEAR in a research note on Thursday, August 21st. Stifel Nicolaus started coverage on shares of NETGEAR in a research report on Friday, August 22nd. They issued a "buy" rating and a $35.00 target price for the company. Seaport Res Ptn upgraded shares of NETGEAR to a "strong-buy" rating in a research report on Wednesday. Finally, Wall Street Zen cut shares of NETGEAR from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

NETGEAR Stock Performance

NASDAQ NTGR opened at $33.32 on Friday. The firm has a 50-day moving average of $27.12 and a 200-day moving average of $26.92. The stock has a market cap of $966.61 million, a PE ratio of 15.43 and a beta of 1.09. NETGEAR has a 52-week low of $18.75 and a 52-week high of $34.49.

NETGEAR (NASDAQ:NTGR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The communications equipment provider reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.22. NETGEAR had a net margin of 9.13% and a negative return on equity of 3.24%. The company had revenue of $170.53 million during the quarter, compared to analysts' expectations of $162.06 million. During the same quarter last year, the company posted ($0.74) EPS. NETGEAR's quarterly revenue was up 18.5% compared to the same quarter last year. NETGEAR has set its Q3 2025 guidance at EPS. As a group, analysts predict that NETGEAR will post -1.84 EPS for the current fiscal year.

Insider Activity

In related news, Director Shravan Goli sold 2,047 shares of NETGEAR stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $29.95, for a total transaction of $61,307.65. Following the sale, the director directly owned 29,238 shares of the company's stock, valued at approximately $875,678.10. The trade was a 6.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On NETGEAR

A number of institutional investors have recently modified their holdings of the company. FNY Investment Advisers LLC bought a new position in NETGEAR during the second quarter worth $58,000. Rexford Capital Inc. acquired a new position in NETGEAR during the second quarter worth $58,000. CWM LLC raised its holdings in NETGEAR by 35.4% during the first quarter. CWM LLC now owns 2,916 shares of the communications equipment provider's stock worth $71,000 after buying an additional 763 shares during the last quarter. Headlands Technologies LLC raised its holdings in shares of NETGEAR by 19.6% in the first quarter. Headlands Technologies LLC now owns 3,010 shares of the communications equipment provider's stock valued at $74,000 after purchasing an additional 494 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of NETGEAR by 35.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,475 shares of the communications equipment provider's stock valued at $101,000 after purchasing an additional 904 shares during the last quarter. 82.97% of the stock is owned by institutional investors.

NETGEAR Company Profile

NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.

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