Should I buy or sell NETGEAR stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NETGEAR in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?

1 analysts have issued 12-month price objectives for NETGEAR's stock. Their NTGR share price targets range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 22.6% 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 shares have decreased by 23.4% and is now trading at $13.87. View the best growth stocks for 2023 here .

When is NETGEAR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024. View our NTGR earnings forecast .

How were NETGEAR's earnings last quarter?

NETGEAR, Inc. (NASDAQ:NTGR) posted its quarterly earnings data on Wednesday, October, 25th. The communications equipment provider reported $0.23 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.27. The communications equipment provider earned $197.85 million during the quarter, compared to analysts' expectations of $183.85 million. NETGEAR had a negative net margin of 13.62% and a negative trailing twelve-month return on equity of 3.76%. NETGEAR's revenue was down 20.7% on a year-over-year basis. During the same period last year, the company earned $0.10 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) . SPDR S&P Telecom ETF (XTL) .

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) .

Who are NETGEAR's major shareholders?

NETGEAR's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Brandes Investment Partners LP (11.70%), Charles Schwab Investment Management Inc. (2.23%), Jacobs Levy Equity Management Inc. (1.49%), Acadian Asset Management LLC (1.33%), PEAK6 Investments LLC (0.00%) and Northern Trust Corp (1.05%). 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 , 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 .

Does NETGEAR have any subsidiaries?

The following companies are subsidiares of NETGEAR: Avaak, CP Secure, Infrant Technologies, Meural, Placemeter, and SkipJam. Read More

NETGEAR Stock Price, News & Analysis (NASDAQ:NTGR)

$13.87

+0.23 (+1.69%)

(As of 12/1/2023 ET)

Compare

Today's Range: $13.35
▼
$13.89
50-Day Range: $10.43
▼
$13.87
52-Week Range: $10.40
▼
$21.78

Volume: 503,561 shs
Average Volume: 209,839 shs
Market Capitalization: $410.69 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.00

NETGEAR MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 22.6% Upside
$17.00 Price Target
Short Interest: Healthy
2.39% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.88
Upright™ Environmental Score
News Sentiment: 0.90
Based on 3 Articles This Week
Insider Trading: Selling Shares
$170,669 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.62) to $0.04 Per Share

Overall MarketRank^™

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

2.25 out of 5 stars

Computer And Technology Sector

263rd out of 595 stocks

Telephone & Telegraph Apparatus Industry

4th out of 11 stocks

2.5

Analyst's Opinion

Consensus Rating
NETGEAR has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.00, NETGEAR has a forecasted upside of 22.6% from its current price of $13.87.
Amount of Analyst Coverage
NETGEAR has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.39% of the float of NETGEAR has been sold short.
Short Interest Ratio / Days to Cover
NETGEAR has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NETGEAR has recently increased by 11.99%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
NETGEAR does not currently pay a dividend.
Dividend Growth
NETGEAR does not have a long track record of dividend growth.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
NETGEAR 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 Sustainability
The Environmental Impact score for NETGEAR is -0.88.

3.3

News and Social Media Coverage

News Sentiment
NETGEAR has a news sentiment score of 0.90. 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 higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for NETGEAR this week, compared to 1 article on an average week.
Search Interest
1 people have searched for NTGR on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $170,669.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of NETGEAR is held by insiders.
Percentage Held by Institutions
81.36% of the stock of NETGEAR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for NETGEAR are expected to grow in the coming year, from ($0.62) to $0.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NETGEAR is -3.75, 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. Sector
The P/E ratio of NETGEAR is -3.75, 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 Ratio
NETGEAR has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NETGEAR Stock (NASDAQ:NTGR)

NETGEAR, Inc. engages in the design, development, and marketing of networking and Internet connected products for consumers, businesses, and service providers in the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and Small and Medium Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, Wi-Fi network adapters, and digital canvasses; and provides value-added service offerings, including security and privacy, technical support, parental controls, and cybersecurity protection. The Small and Medium Business segment provides Pro AV Solutions comprising switches that are engineered for AV over IP for both enterprise and home installation; enterprise grade cloud managed or standalone access points used in managing and controlling Wi-Fi that provides connections to smart phones, tablets, laptops and other computing devices at campuses, facilities, and offices; ethernet switches, are multiple port network devices used to connect devices using IP protocols; and NETGEAR Insight services, that helps small businesses to remotely deploy, monitor, manage and secure their networks easily and seamlessly. It markets and sells its products through traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers, and broadband service providers, as well as through its direct online store at www.netgear.com. The company was incorporated in 1996 and is headquartered in San Jose, California.

NTGR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NTGR Stock News Headlines

November 29, 2023 | finance.yahoo.com

NETGEAR to Host 2023 Virtual Financial Analyst Day

November 28, 2023 | finance.yahoo.com

NETGEAR (NASDAQ:NTGR) investors are sitting on a loss of 76% if they invested five years ago

December 2, 2023 | DTI Trader (Ad)

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November 24, 2023 | finance.yahoo.com

NETGEAR, Inc. (NTGR) Up 3.1% Since Last Earnings Report: Can It Continue?

November 24, 2023 | seekingalpha.com

NETGEAR: Deterioration Continues

November 15, 2023 | yahoo.com

NETGEAR Launched a New Unmanaged Switch—What You Need to Know

November 10, 2023 | benzinga.com

CTO At This Information Technology Company Sells $73K of Stock

November 7, 2023 | finance.yahoo.com

NETGEAR Expands its Smart Switch Lineup to Boost SMB Connectivity with Launch of MS108TUP

December 2, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

October 31, 2023 | finance.yahoo.com

NETGEAR Unveils Meural Opus in Support of Digital Art Collectors and Creators

October 26, 2023 | msn.com

Raymond James Maintains Netgear (NTGR) Outperform Recommendation

October 26, 2023 | finance.yahoo.com

NETGEAR (NTGR) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

October 26, 2023 | finance.yahoo.com

Q3 2023 NETGEAR Inc Earnings Call

October 25, 2023 | markets.businessinsider.com

NetGear Inc. Q3 Earnings Summary

October 25, 2023 | finance.yahoo.com

NETGEAR, Inc. (NTGR) Beats Q3 Earnings and Revenue Estimates

October 25, 2023 | finance.yahoo.com

NETGEAR® Reports Third Quarter 2023 Results

October 25, 2023 | finance.yahoo.com

Netgear Inc (NTGR) Reports Q3 2023 Earnings

October 24, 2023 | benzinga.com

Netgear's Earnings: A Preview

October 12, 2023 | finance.yahoo.com

NETGEAR Schedules Third Quarter 2023 Results Conference Call

September 28, 2023 | markets.businessinsider.com

Analysts Are Bullish on These Technology Stocks: Integral Ad Science (IAS), Netgear (NTGR)

September 20, 2023 | msn.com

NETGEAR (NTGR) Launches Orbi 970 Series to Enhance WiFi 7

September 19, 2023 | finance.yahoo.com

NETGEAR Brings WiFi 7 to Its Flagship Orbi Family, Unleashing Elite Connectivity

September 15, 2023 | msn.com

Why Netgear (NTGR) May Finally Make Good on Its Discount

September 14, 2023 | barrons.com

NETGEAR Inc.

September 14, 2023 | finance.yahoo.com

NETGEAR (NTGR) Launches MK93S to Enhance Mesh WiFi coverage

September 8, 2023 | finance.yahoo.com

NETGEAR, Inc.'s (NASDAQ:NTGR) recent 12% pullback adds to one-year year losses, institutional owners may take drastic measures

August 25, 2023 | finance.yahoo.com

NETGEAR, Inc. (NTGR) Down 8.9% Since Last Earnings Report: Can It Rebound?

See More Headlines

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Company Calendar

Last Earnings: 10/25/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Telephone & telegraph apparatus
Sub-Industry: Communications Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:NTGR
CUSIP: 64111Q10
CIK: 1122904
Web: www.netgear.com
Phone: (408) 907-8000
Fax: 408-907-8097
Employees: 644
Year Founded: 1996

Price Target and Rating

Average Stock Price Target: $17.00
High Stock Price Target: $17.00
Low Stock Price Target: $17.00
Potential Upside/Downside: +22.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.70)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-68,990,000.00
Net Margins: -13.62%
Pretax Margin: -3.60%
Return on Equity: -3.76%
Return on Assets: -2.37%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.85
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: $932.47 million
Price / Sales: 0.44
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $17.99 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 29,610,000
Free Float: 27,832,000
Market Cap: $410.69 million
Optionable: Optionable
Beta: 0.82

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Key Executives

Mr. C. S. Lo (Age 66)
Co-Founder, Chairman & CEO
Comp: $952.5k
Mr. Bryan D. Murray (Age 48)
Chief Financial Officer
Comp: $556.87k
Mr. Michael F. Falcon (Age 67)
Chief Operations Officer
Comp: $535.97k
Mr. Michael A. Werdann (Age 55)
Chief Revenue Officer
Comp: $877.79k
Mr. David John Henry (Age 50)
President and GM of Connected Home Products & Services
Comp: $533.17k
Mr. Mark G. Merrill (Age 68)
Co-Founder & CTO
Comp: $275.22k
Mr. Christopher Genualdi
Director of Investor Relations & Corporate Development
Mr. Andrew W. Kim (Age 52)
Chief Legal Officer, SVP of Corporate Development & Corporate Secretary
Comp: $585.38k
Ms. Heidi B. Cormack (Age 48)
Chief Marketing Officer
Ms. Tamesa T. Rogers (Age 49)
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NTGR Stock Analysis - Frequently Asked Questions

Should I buy or sell NETGEAR stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NETGEAR in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?: 1 analysts have issued 12-month price objectives for NETGEAR's stock. Their NTGR share price targets range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 22.6% 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 shares have decreased by 23.4% and is now trading at $13.87.
View the best growth stocks for 2023 here.
When is NETGEAR's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our NTGR earnings forecast.
How were NETGEAR's earnings last quarter?: NETGEAR, Inc. (NASDAQ:NTGR) posted its quarterly earnings data on Wednesday, October, 25th. The communications equipment provider reported $0.23 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.27. The communications equipment provider earned $197.85 million during the quarter, compared to analysts' expectations of $183.85 million. NETGEAR had a negative net margin of 13.62% and a negative trailing twelve-month return on equity of 3.76%. NETGEAR's revenue was down 20.7% on a year-over-year basis. During the same period last year, the company earned $0.10 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).SPDR S&P Telecom ETF (XTL).

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).
Who are NETGEAR's major shareholders?: NETGEAR's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Brandes Investment Partners LP (11.70%), Charles Schwab Investment Management Inc. (2.23%), Jacobs Levy Equity Management Inc. (1.49%), Acadian Asset Management LLC (1.33%), PEAK6 Investments LLC (0.00%) and Northern Trust Corp (1.05%). 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, 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.
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 12/2/2023 by MarketBeat.com Staff

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NETGEAR Stock Price, News & Analysis (NASDAQ:NTGR)

NETGEAR MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About NETGEAR Stock (NASDAQ:NTGR)

NTGR Stock Price History

NTGR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

NTGR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™