NASDAQ:NTGR NETGEAR (NTGR) Stock Forecast, Price & News $14.22 +0.19 (+1.35%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$13.86▼$14.3750-Day Range$13.63▼$18.6652-Week Range$13.30▼$26.79Volume199,998 shsAverage Volume158,835 shsMarket Capitalization$413.23 millionP/E RatioN/ADividend YieldN/APrice Target$26.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability NETGEAR MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside86.4% Upside$26.50 Price TargetShort InterestBearish2.68% of Float Sold ShortDividend StrengthN/ASustainability-0.88Upright™ Environmental ScoreNews Sentiment0.32Based on 2 Articles This WeekInsider TradingSelling Shares$188,326 Sold Last QuarterProj. Earnings Growth153.85%From $0.13 to $0.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsComputer And Technology Sector241st out of 1,226 stocksTelephone & Telegraph Apparatus Industry5th out of 24 stocks 3.5 Analyst's Opinion Consensus RatingNETGEAR has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.50, NETGEAR has a forecasted upside of 86.4% from its current price of $14.22.Amount of Analyst CoverageNETGEAR has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.68% of the float of NETGEAR has been sold short.Short Interest Ratio / Days to CoverNETGEAR has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in NETGEAR has recently increased by 36.51%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNETGEAR does not currently pay a dividend.Dividend GrowthNETGEAR does not have a long track record of dividend growth. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNETGEAR has received a 48.64% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Network switches", "Network gateways", and "Consumer routers" products. See details.Environmental SustainabilityThe Environmental Impact score for NETGEAR is -0.88. Previous Next 1.3 News and Social Media Coverage News SentimentNETGEAR has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for NETGEAR this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added NETGEAR to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NETGEAR insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $188,326.00 in company stock.Percentage Held by InsidersOnly 5.10% of the stock of NETGEAR is held by insiders.Percentage Held by Institutions85.22% of the stock of NETGEAR is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for NETGEAR are expected to grow by 153.85% in the coming year, from $0.13 to $0.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NETGEAR is -19.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of NETGEAR is -19.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNETGEAR has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NETGEAR (NASDAQ:NTGR) StockNETGEAR, Inc. engages in the provision of Internet connected products to consumers, businesses, and service providers. It operates through the following segments: Connected Home, and Small & Medium Business. The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use WiFi Internet networking solutions such as WiFi mesh systems, routers, 4G/5G mobile products, smart devices such as Meural digital canvasses, and services offering consumers a range of parental controls and cyber security for their home networks. The Small & Medium Business segment focuses on small and medium-sized businesses and consists of business networking, wireless LAN, storage, and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price. The company was founded by Patrick C. S. Lo and Mark G. Merrill on January 8, 1996 and is headquartered in San Jose, CA.Read More Receive NTGR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NETGEAR and its competitors with MarketBeat's FREE daily newsletter. Email Address NTGR Stock News HeadlinesMay 26, 2023 | finance.yahoo.comWhy Is NETGEAR, Inc. (NTGR) Down 5.7% Since Last Earnings Report?May 25, 2023 | americanbankingnews.comHeidi Cormack Sells 4,688 Shares of NETGEAR, Inc. (NASDAQ:NTGR) StockJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 25, 2023 | americanbankingnews.comInsider Selling: NETGEAR, Inc. (NASDAQ:NTGR) SVP Sells 4,688 Shares of StockMay 24, 2023 | benzinga.comNetgear Insider Trades Send a SignalMay 23, 2023 | yahoo.comOn Higher Ed Tech: NETGEARMay 18, 2023 | americanbankingnews.comStockNews.com Begins Coverage on NETGEAR (NASDAQ:NTGR)May 17, 2023 | marketwatch.comTrading Netgear $NTGR With Integrated Risk ControlsJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 10, 2023 | finance.yahoo.comHere's Why NETGEAR, Inc. (NTGR) is Poised for a Turnaround After Losing -23.71% in 4 WeeksMay 10, 2023 | finance.yahoo.comNETGEAR Introduces World’s First WiFi 6E Unlocked 5G Mobile Hotspot With mmWave TechnologyMay 10, 2023 | finance.yahoo.comNetgear Isn't in Gear Yet but Could Make for a Decent Deep Value PlayMay 9, 2023 | finance.yahoo.comAfter Plunging -24.69% in 4 Weeks, Here's Why the Trend Might Reverse for NETGEAR, Inc. (NTGR)May 6, 2023 | americanbankingnews.comInsider Selling: NETGEAR, Inc. (NASDAQ:NTGR) SVP Sells $85,586.46 in StockMay 5, 2023 | americanbankingnews.comMartin Westhead Sells 2,707 Shares of NETGEAR, Inc. (NASDAQ:NTGR) StockApril 27, 2023 | finance.yahoo.comNETGEAR (NTGR) Shares Fall Due to Wider-Than-Expected Q1 LossApril 27, 2023 | finance.yahoo.comQ1 2023 NETGEAR Inc Earnings CallApril 26, 2023 | finance.yahoo.comNETGEAR® Reports First Quarter 2023 ResultsApril 26, 2023 | finance.yahoo.comNETGEAR, Inc. (NTGR) Reports Q1 Loss, Lags Revenue EstimatesApril 25, 2023 | americanbankingnews.comNETGEAR (NTGR) Scheduled to Post Earnings on WednesdayApril 20, 2023 | finance.yahoo.comMSCI Scheduled to Report Q1 Earnings: What's in the Cards?April 19, 2023 | finance.yahoo.comNETGEAR, Inc. (NTGR) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 ReleaseApril 18, 2023 | finance.yahoo.comWall Street Analysts Think NETGEAR, Inc. (NTGR) Could Surge 37.96%: Read This Before Placing a BetApril 12, 2023 | finance.yahoo.comNETGEAR Schedules First Quarter 2023 Results Conference CallApril 8, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for NETGEAR, Inc.'s Q1 2023 Earnings (NASDAQ:NTGR)April 5, 2023 | americanbankingnews.comEquities Analysts Set Expectations for NETGEAR, Inc.'s FY2025 Earnings (NASDAQ:NTGR)April 1, 2023 | finance.yahoo.comNETGEAR, Inc. (NASDAQ:NTGR) is a favorite amongst institutional investors who own 87%See More Headlines NTGR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NTGR Company Calendar Last Earnings2/01/2023Today6/01/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone & telegraph apparatus Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:NTGR CUSIP64111Q10 CIK1122904 Webwww.netgear.com Phone(408) 907-8000Fax408-907-8097Employees766Year Founded1996Price Target and Rating Average Stock Price Forecast$26.50 High Stock Price Forecast$30.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+86.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.74) Trailing P/E RatioN/A Forward P/E Ratio109.38 P/E GrowthN/ANet Income$-68,990,000.00 Net Margins-2.38% Pretax Margin-3.66% Return on Equity-3.43% Return on Assets-2.13% Debt Debt-to-Equity RatioN/A Current Ratio2.52 Quick Ratio1.45 Sales & Book Value Annual Sales$932.47 million Price / Sales0.44 Cash FlowN/A Price / Cash FlowN/A Book Value$21.29 per share Price / Book0.67Miscellaneous Outstanding Shares29,060,000Free Float27,574,000Market Cap$413.23 million OptionableOptionable Beta0.88 Social Links Key ExecutivesChiu Shun LoChairman & Chief Executive OfficerDavid John HenryPresident, Director & GM-Connected Home ProductsMichael F. FalconChief Operations OfficerBryan D. MurrayChief Financial & Accounting OfficerMark G. MerrillChief Technology OfficerKey CompetitorsInfineraNASDAQ:INFNAudioCodesNASDAQ:AUDCAkoustis TechnologiesNASDAQ:AKTSClearfieldNASDAQ:CLFDDZSNASDAQ:DZSIView All CompetitorsInsiders & InstitutionsHeidi CormackSold 4,688 sharesTotal: $65,491.36 ($13.97/share)Ameriprise Financial Inc.Sold 9,206 shares on 5/22/2023Ownership: 0.465%JPMorgan Chase & Co.Bought 9,007 shares on 5/18/2023Ownership: 1.546%New York State Common Retirement FundSold 2,691 shares on 5/18/2023Ownership: 0.063%Thrivent Financial for LutheransSold 1,004 shares on 5/17/2023Ownership: 0.099%View All Insider TransactionsView All Institutional Transactions NTGR Stock - Frequently Asked Questions Should I buy or sell NETGEAR stock right now? 2 Wall Street 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 research analysts is that investors should "buy" NTGR shares. View NTGR analyst ratings or view top-rated stocks. What is NETGEAR's stock price forecast for 2023? 2 brokers have issued 1 year target prices for NETGEAR's stock. Their NTGR share price forecasts range from $23.00 to $30.00. On average, they predict the company's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 86.4% 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 2023? NETGEAR's stock was trading at $18.11 at the beginning of 2023. Since then, NTGR stock has decreased by 21.5% and is now trading at $14.22. View the best growth stocks for 2023 here. Are investors shorting NETGEAR? NETGEAR saw a increase in short interest in May. As of May 15th, there was short interest totaling 736,900 shares, an increase of 36.5% from the April 30th total of 539,800 shares. Based on an average daily volume of 157,400 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.7% of the shares of the stock 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, July 26th 2023. View our NTGR earnings forecast. How were NETGEAR's earnings last quarter? NETGEAR, Inc. (NASDAQ:NTGR) posted its quarterly earnings data on Wednesday, February, 1st. The communications equipment provider reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.05. The communications equipment provider earned $249.10 million during the quarter, compared to analysts' expectations of $243.52 million. NETGEAR had a negative trailing twelve-month return on equity of 3.43% and a negative net margin of 2.38%. The firm's revenue was down .8% on a year-over-year basis. During the same quarter last year, the business earned ($0.03) earnings per share. What ETFs hold NETGEAR's stock? ETFs with the largest weight of NETGEAR (NASDAQ:NTGR) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), Invesco Nasdaq Future Gen 200 ETF (QQQS), SPDR S&P Telecom ETF (XTL), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap 600 Pure Value ETF (RZV), iShares US Small Cap Value Factor ETF (SVAL), Global X Internet of Things Thematic ETF (SNSR) and Syntax Stratified SmallCap ETF (SSLY). How will NETGEAR's stock buyback program work? NETGEAR announced that its board has initiated a share repurchase program on Wednesday, October 27th 2021, which authorizes the company to buyback 3,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued. What guidance has NETGEAR issued on next quarter's earnings? NETGEAR issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $150.00 million-$165.00 million, compared to the consensus revenue estimate of $206.67 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), CA (CA), Cisco Systems (CSCO), Pfizer (PFE), QUALCOMM (QCOM), AbbVie (ABBV), Intel (INTC) and Tesla (TSLA). What is NETGEAR's stock symbol? NETGEAR trades on the NASDAQ under the ticker symbol "NTGR." Who are NETGEAR's major shareholders? NETGEAR's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.18%), Victory Capital Management Inc. (8.82%), Brandes Investment Partners LP (7.86%), Dimensional Fund Advisors LP (6.13%), State Street Corp (4.30%) and Macquarie Group Ltd. (2.79%). Insiders that own company stock include Andrew Wonki Kim, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Laura Durr, Mark G Merrill, Mark G Merrill, Martin Westhead, Michael A Werdann, Michael A Werdann, Michael F Falcon, Murray Bryan, Patrick Cs Lo, Sarah Butterfass, Stephane Bancel, Tamesa Rogers, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NETGEAR's stock price today? One share of NTGR stock can currently be purchased for approximately $14.22. How much money does NETGEAR make? NETGEAR (NASDAQ:NTGR) has a market capitalization of $413.23 million and generates $932.47 million in revenue each year. The communications equipment provider earns $-68,990,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. How many employees does NETGEAR have? The company employs 766 workers across the globe. Does NETGEAR have any subsidiaries? The following companies are subsidiares of NETGEAR: Avaak, CP Secure, Infrant Technologies, Meural, Placemeter, and SkipJam.Read More How can I contact NETGEAR? NETGEAR's mailing address is 350 EAST PLUMERIA DRIVE, SAN JOSE CA, 95134. The official website for the company is www.netgear.com. The communications equipment provider can be reached via phone at (408) 907-8000, via email at investors@netgear.com, or via fax at 408-907-8097. This page (NASDAQ:NTGR) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NETGEAR, Inc. 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