Zacks Research Estimates NETGEAR's Q2 Earnings (NASDAQ:NTGR)

Key Points

• Zacks Research has lowered its Q2 2026 earnings per share estimate for NETGEAR to ($0.25), down from ($0.24), while maintaining a "Strong-Buy" rating on the stock.
• NETGEAR previously reported a Q2 earnings of $0.06 per share, significantly beating expectations, with revenue rising 18.5% year-over-year, totaling $170.53 million.
• The stock has a market capitalization of $1.02 billion and is currently rated as a "Buy" with an average target price of $33.00, following recent coverage changes by several analysts.

NETGEAR, Inc. (NASDAQ:NTGR - Free Report) - Equities research analysts at Zacks Research lowered their Q2 2026 earnings per share estimates for NETGEAR in a research note issued to investors on Thursday, October 9th. Zacks Research analyst Team now forecasts that the communications equipment provider will earn ($0.25) per share for the quarter, down from their prior estimate of ($0.24). Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for NETGEAR's current full-year earnings is ($1.84) per share. Zacks Research also issued estimates for NETGEAR's Q3 2026 earnings at ($0.12) EPS, Q4 2026 earnings at ($0.05) EPS, FY2026 earnings at ($0.71) EPS, Q3 2027 earnings at ($0.20) EPS and FY2027 earnings at ($0.81) EPS.

NETGEAR (NASDAQ:NTGR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The communications equipment provider reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.22. The business had revenue of $170.53 million for the quarter, compared to analyst estimates of $162.06 million. NETGEAR had a negative return on equity of 3.24% and a net margin of 9.13%.The company's revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the company earned ($0.74) earnings per share. NETGEAR has set its Q3 2025 guidance at EPS.

NTGR has been the topic of a number of other reports. Seaport Res Ptn raised NETGEAR to a "strong-buy" rating in a report on Wednesday, October 1st. Stifel Nicolaus assumed coverage on NETGEAR in a report on Friday, August 22nd. They issued a "buy" rating and a $35.00 price objective on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of NETGEAR in a report on Wednesday, October 8th. Wall Street Zen downgraded NETGEAR from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Finally, UBS Group set a $35.00 target price on NETGEAR in a research note on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $33.00.

NETGEAR Stock Performance

Shares of NTGR stock opened at $35.18 on Monday. The stock's 50-day simple moving average is $28.22 and its 200-day simple moving average is $27.34. The firm has a market capitalization of $1.02 billion, a PE ratio of 16.29 and a beta of 1.09. NETGEAR has a fifty-two week low of $18.75 and a fifty-two week high of $36.86.

Insider Activity at NETGEAR

In other news, Director Shravan Goli sold 2,047 shares of the company's stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $29.95, for a total value of $61,307.65. Following the sale, the director owned 29,238 shares in the company, valued at $875,678.10. This represents a 6.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.30% of the stock is owned by insiders.

Hedge Funds Weigh In On NETGEAR

A number of hedge funds have recently bought and sold shares of the business. Rexford Capital Inc. purchased a new position in NETGEAR during the second quarter worth approximately $58,000. Headlands Technologies LLC boosted its position in NETGEAR by 247.3% during the second quarter. Headlands Technologies LLC now owns 10,453 shares of the communications equipment provider's stock worth $304,000 after purchasing an additional 7,443 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its position in NETGEAR by 242.6% during the second quarter. CANADA LIFE ASSURANCE Co now owns 4,087 shares of the communications equipment provider's stock worth $119,000 after purchasing an additional 2,894 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in NETGEAR by 35.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,475 shares of the communications equipment provider's stock worth $101,000 after purchasing an additional 904 shares in the last quarter. Finally, Tenzing Global Management LLC boosted its position in NETGEAR by 4.3% during the second quarter. Tenzing Global Management LLC now owns 600,000 shares of the communications equipment provider's stock worth $17,442,000 after purchasing an additional 25,000 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company's stock.

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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