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What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
WARNING TO ALL U.S. INVESTORS (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
WARNING TO ALL U.S. INVESTORS (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
WARNING TO ALL U.S. INVESTORS (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
WARNING TO ALL U.S. INVESTORS (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
WARNING TO ALL U.S. INVESTORS (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
WARNING TO ALL U.S. INVESTORS (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
WARNING TO ALL U.S. INVESTORS (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
WARNING TO ALL U.S. INVESTORS (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
WARNING TO ALL U.S. INVESTORS (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
NASDAQ:NEGG

Newegg Commerce (NEGG) Stock Forecast, Price & News

$1.07
+0.02 (+1.90%)
(As of 06/1/2023 ET)
Compare
Today's Range
$1.04
▼
$1.10
50-Day Range
$1.02
▼
$1.34
52-Week Range
$1.00
▼
$5.60
Volume
568,887 shs
Average Volume
1.41 million shs
Market Capitalization
$403.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Newegg Commerce MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
227.1% Upside
$3.50 Price Target
Short Interest
Healthy
10.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.19mentions of Newegg Commerce in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.11) to ($0.10) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Retail/Wholesale Sector

277th out of 424 stocks

Retail Stores, Not Elsewhere Classified Industry

15th out of 24 stocks

See Top Rated MarketRank™ Stocks Here

NEGG stock logo

About Newegg Commerce (NASDAQ:NEGG) Stock

Newegg Commerce, Inc. is an e-commerce company. It offers direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products. The firm also provides third-party logistics services globally. The company was founded on July 22, 2003 and is headquartered in City of Industry, CA.

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NEGG Stock News Headlines

June 1, 2023 | finance.yahoo.com
Newegg Uses AI to Build New Online Shopping Experience for Home Products
May 30, 2023 | msn.com
Newegg: Conditions Worsen As Losses Return
June 2, 2023 | Legacy Research (Affiliate) (Ad)
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
May 24, 2023 | finance.yahoo.com
Newegg Announces its Largest Ever Presence at Computex 2023, Showcasing Marketplace, Logistics and Media Creation Capabilities for APAC Companies
May 23, 2023 | finance.yahoo.com
GameCrate Relaunches
May 17, 2023 | marketwatch.com
Newegg Commerce Inc $NEGG Pivots Trading Plans and Risk Controls
May 17, 2023 | finance.yahoo.com
ChatGPT Integration Powers Newegg’s PC Builder Tool to Surpass 200,000 User Prompts in Open Beta
May 15, 2023 | finance.yahoo.com
The past year for Newegg Commerce (NASDAQ:NEGG) investors has not been profitable
June 2, 2023 | Legacy Research (Affiliate) (Ad)
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
May 7, 2023 | marketwatch.com
Newegg Commerce Inc ($NEGG) Trading Report
May 2, 2023 | finance.yahoo.com
Newegg Grows Industry Leadership with Over 50 Hours of Weekly Livestream Shopping
May 1, 2023 | americanbankingnews.com
Head to Head Analysis: Newegg Commerce (NASDAQ:NEGG) vs. Rent the Runway (NASDAQ:RENT)
April 24, 2023 | finance.yahoo.com
Newegg Announces Year End 2022 Results and 2023 Guidance
April 19, 2023 | marketwatch.com
Newegg Commerce Inc $NEGG Trading Report
April 4, 2023 | finance.yahoo.com
Newegg Offers Six-Month Free Elite Membership for New Marketplace Sellers
March 27, 2023 | msn.com
Newegg expects 'substantial benefits' from ChatGPT integration
March 27, 2023 | finance.yahoo.com
Newegg Uses ChatGPT to Improve Online Shopping Experience
March 25, 2023 | msn.com
Wayfair, Farfetch and Etsy lead rally in online retail stocks with investors recharged
March 21, 2023 | finance.yahoo.com
Newegg Unwraps NAS Builder to Help Shoppers Improve Digital File Storage
March 13, 2023 | finance.yahoo.com
Jaylen Clark of the UCLA Men’s Basketball Team Scores with Newegg, MSI and Seagate Technology
March 9, 2023 | businesswire.com
Newegg Business Cues Up Latest Tech Products for Educators at Spring CUE
February 23, 2023 | finance.yahoo.com
Newegg Unveils New Influencer Program Benefits Including Free Use of Company’s Studio Facilities
February 19, 2023 | seekingalpha.com
Newegg: Overvalued Retailer With Headwinds Ahead
January 30, 2023 | finance.yahoo.com
Newegg Constructs Deals on Desktop PC Components for Build Now Sale
January 13, 2023 | markets.businessinsider.com
Nasdaq Up 50 Points; Gold Rises Over 1%
January 13, 2023 | seekingalpha.com
Newegg Commerce stock surges over 100% as volume spikes
January 11, 2023 | finance.yahoo.com
Newegg Unleashes Gaming Laptops
See More Headlines

NEGG Price History

NEGG Company Calendar

Last Earnings
4/24/2023
Today
6/01/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Sector
Retail/Wholesale
Current Symbol
NASDAQ:NEGG
CUSIP
N/A
CIK
1474627
Web
www.newegg.com
Phone
(626) 271-9700
Fax
86-010-6841-6311
Employees
1,355
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.50
High Stock Price Forecast
$3.50
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+227.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
0.49
Current Ratio
1.26
Quick Ratio
0.76

Sales & Book Value

Annual Sales
$1.72 million
Price / Sales
234.32
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.41 per share
Price / Book
2.61

Miscellaneous

Outstanding Shares
376,660,000
Free Float
290,405,000
Market Cap
$403.03 million
Optionable
Not Optionable
Beta
0.56

Key Executives

  • Anthony Chow
    Chief Executive Officer & Director
  • Jamie Spannos
    Chief Operating Officer
  • Robert Chang
    Chief Financial Officer
  • Montaque Hou
    Chief Information Security Officer
  • Christina Ching
    Chief Accounting Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













NEGG Stock - Frequently Asked Questions

Should I buy or sell Newegg Commerce stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newegg Commerce in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NEGG shares.
View NEGG analyst ratings or view top-rated stocks.

What is Newegg Commerce's stock price forecast for 2023?

1 Wall Street analysts have issued 1 year price objectives for Newegg Commerce's shares. Their NEGG share price forecasts range from $3.50 to $3.50. On average, they predict the company's stock price to reach $3.50 in the next year. This suggests a possible upside of 227.1% from the stock's current price.
View analysts price targets for NEGG or view top-rated stocks among Wall Street analysts.

How have NEGG shares performed in 2023?

Newegg Commerce's stock was trading at $1.31 at the start of the year. Since then, NEGG stock has decreased by 18.3% and is now trading at $1.07.
View the best growth stocks for 2023 here.

When is Newegg Commerce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our NEGG earnings forecast.

How were Newegg Commerce's earnings last quarter?

Newegg Commerce, Inc. (NASDAQ:NEGG) posted its earnings results on Monday, April, 24th. The company reported ($0.02) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.02).

What ETFs hold Newegg Commerce's stock?

ETFs with the largest weight of Newegg Commerce (NASDAQ:NEGG) stock in their portfolio include Invesco Golden Dragon China ETF (PGJ),

What guidance has Newegg Commerce issued on next quarter's earnings?

Newegg Commerce updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.52 billion-$1.58 billion, compared to the consensus revenue estimate of $1.52 billion.

What is Newegg Commerce's stock symbol?

Newegg Commerce trades on the NASDAQ under the ticker symbol "NEGG."

Who are Newegg Commerce's major shareholders?

Newegg Commerce's stock is owned by many different retail and institutional investors. Top institutional shareholders include Geode Capital Management LLC (0.08%), State Street Corp (0.03%), Jane Street Group LLC (0.03%), Susquehanna International Group LLP (0.00%), Group One Trading L.P. (0.00%) and BlackRock Inc. (0.02%).

How do I buy shares of Newegg Commerce?

Shares of NEGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Newegg Commerce's stock price today?

One share of NEGG stock can currently be purchased for approximately $1.07.

How much money does Newegg Commerce make?

Newegg Commerce (NASDAQ:NEGG) has a market capitalization of $403.03 million and generates $1.72 million in revenue each year.

How many employees does Newegg Commerce have?

The company employs 1,355 workers across the globe.

How can I contact Newegg Commerce?

Newegg Commerce's mailing address is Room 1003B 10th floor no. 10 Baifuquan road Changping District, Beijing F4, 102200. The official website for the company is www.newegg.com. The company can be reached via phone at (626) 271-9700, via email at ir@elliemae.com, or via fax at 86-010-6841-6311.

This page (NASDAQ:NEGG) was last updated on 6/2/2023 by MarketBeat.com Staff

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