NASDAQ:NTGR

NETGEAR (NTGR) Stock Price, News & Analysis

$14.74
+0.16 (+1.10%)
(As of 04/24/2024 ET)
Today's Range
$14.46
$14.75
50-Day Range
$13.96
$15.83
52-Week Range
$10.40
$17.22
Volume
122,747 shs
Average Volume
210,957 shs
Market Capitalization
$428.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.50

NETGEAR MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
60.2% Upside
$23.50 Price Target
Short Interest
Healthy
2.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
0.69mentions of NETGEAR in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$195,304 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.16) to $0.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.57 out of 5 stars

Computer And Technology Sector

89th out of 581 stocks

Telephone & Telegraph Apparatus Industry

2nd out of 10 stocks

NTGR stock logo

About NETGEAR Stock (NASDAQ:NTGR)

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. The NETGEAR for Business segment provides pro AV Solutions; pro routers; enterprise grade cloud managed or standalone access points; general purpose ethernet switches; NETGEAR Insight remote management software; and NETGEAR engage controller. It markets and sells its products through wholesale distributors, traditional and online retailers, direct market resellers, value-added resellers, and broadband service providers, as well as through its direct online store. The company was incorporated in 1996 and is headquartered in San Jose, California.

NTGR Stock Price History

NTGR Stock News Headlines

NETGEAR (NTGR) to Release Earnings on Wednesday
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Roadmap 2024: NETGEAR Business
NETGEAR Full Year 2023 Earnings: EPS Beats Expectations
NTGR Sep 2024 20.000 put
Q4 2023 NETGEAR Inc Earnings Call
NetGear Inc. Q4 Earnings Summary
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:NTGR
CUSIP
64111Q10
Employees
635
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$23.50
High Stock Price Target
$30.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+60.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-104,770,000.00
Pretax Margin
-2.58%

Debt

Sales & Book Value

Annual Sales
$740.84 million
Book Value
$18.09 per share

Miscellaneous

Free Float
27,322,000
Market Cap
$426.46 million
Optionable
Optionable
Beta
0.84

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NTGR Stock Analysis - Frequently Asked Questions

Should I buy or sell NETGEAR stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NETGEAR in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NTGR shares.
View NTGR analyst ratings
or view top-rated stocks.

What is NETGEAR's stock price target for 2024?

2 Wall Street analysts have issued 12 month target prices for NETGEAR's stock. Their NTGR share price targets range from $17.00 to $30.00. On average, they anticipate the company's share price to reach $23.50 in the next year. This suggests a possible upside of 60.2% from the stock's current price.
View analysts price targets for NTGR
or view top-rated stocks among Wall Street analysts.

How have NTGR shares performed in 2024?

NETGEAR's stock was trading at $14.58 at the start of the year. Since then, NTGR stock has increased by 0.6% and is now trading at $14.67.
View the best growth stocks for 2024 here
.

Are investors shorting NETGEAR?

NETGEAR saw a drop in short interest in March. As of March 31st, there was short interest totaling 645,600 shares, a drop of 29.3% from the March 15th total of 913,100 shares. Based on an average daily volume of 221,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.4% of the shares of the company are sold short.
View NETGEAR's Short Interest
.

When is NETGEAR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our NTGR earnings forecast
.

How can I listen to NETGEAR's earnings call?

NETGEAR will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were NETGEAR's earnings last quarter?

NETGEAR, Inc. (NASDAQ:NTGR) announced its quarterly earnings data on Wednesday, February, 7th. The communications equipment provider reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.04. The communications equipment provider had revenue of $188.67 million for the quarter, compared to the consensus estimate of $185.14 million. NETGEAR had a negative trailing twelve-month return on equity of 2.96% and a negative net margin of 14.14%. The firm's quarterly revenue was down 24.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.21) EPS.

What ETFs hold NETGEAR's stock?
What guidance has NETGEAR issued on next quarter's earnings?

NETGEAR issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $155.0 million-$170.0 million, compared to the consensus revenue estimate of $176.8 million.

What is Patrick C.S. Lo's approval rating as NETGEAR's CEO?

136 employees have rated NETGEAR Chief Executive Officer Patrick C.S. Lo on Glassdoor.com. Patrick C.S. Lo has an approval rating of 69% among the company's employees.

What other stocks do shareholders of NETGEAR own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NETGEAR investors own include NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Xtrackers California Municipal Bond ETF (CA), Cisco Systems (CSCO), Pfizer (PFE), QUALCOMM (QCOM), AbbVie (ABBV), Intel (INTC) and Tesla (TSLA).

Who are NETGEAR's major shareholders?

NETGEAR's stock is owned by a variety of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.57%) and Allspring Global Investments Holdings LLC (0.03%). Insiders that own company stock include Andrew Wonki Kim, David John Henry, Heidi Cormack, Laura Durr, Mark G Merrill, Mark G Merrill, Martin Westhead, Michael A Werdann, Michael A Werdann, Patrick Cs Lo, Sarah Butterfass, Stephane Bancel, Thomas H Waechter and Vikram Mehta.
View institutional ownership trends
.

How do I buy shares of NETGEAR?

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

Does NETGEAR have any subsidiaries?
The following companies are subsidiares of NETGEAR: Avaak, CP Secure, Infrant Technologies, Meural, Placemeter, and SkipJam.
Read More
This page (NASDAQ:NTGR) was last updated on 4/24/2024 by MarketBeat.com Staff

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