NASDAQ:NTGR

NETGEAR (NTGR) Stock Price, News & Analysis

$11.63
-0.15 (-1.27%)
(As of 05/3/2024 ET)
Today's Range
$11.52
$12.12
50-Day Range
$11.63
$15.83
52-Week Range
$10.40
$15.93
Volume
581,269 shs
Average Volume
223,898 shs
Market Capitalization
$338.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.00

NETGEAR MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.0% Upside
$15.00 Price Target
Short Interest
Healthy
2.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
-0.15mentions of NETGEAR in the last 14 days
Based on 17 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.

4.25 out of 5 stars

Computer And Technology Sector

781st out of 3,570 stocks

Telephone & Telegraph Apparatus Industry

13th out of 54 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

BUY ALERT: Tiny tech play partners with US government
The Federal Reserve is rolling out a powerful new financial technology across the entire U.S. banking system. It's forecasted to grow 24,290% in the near future... Meaning, your bank is nearly certain to adopt it (if it hasn't already).
NETGEAR® Reports First Quarter 2024 Results
BUY ALERT: Tiny tech play partners with US government
The Federal Reserve is rolling out a powerful new financial technology across the entire U.S. banking system. It's forecasted to grow 24,290% in the near future... Meaning, your bank is nearly certain to adopt it (if it hasn't already).
NetGear Inc. Q1 Loss Widens
Here's what Wall Street expects from NetGear's earnings report
NETGEAR (NTGR) to Release Earnings on Wednesday
Roadmap 2024: NETGEAR Business
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
5/04/2024
Next Earnings (Estimated)
7/24/2024
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
$15.00
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+29.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
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
27,031,000
Market Cap
$338.08 million
Optionable
Optionable
Beta
0.86

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NTGR Stock Analysis - Frequently Asked Questions

Should I buy or sell NETGEAR stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NETGEAR in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NTGR shares.
View NTGR analyst ratings
or view top-rated stocks.

What is NETGEAR's stock price target for 2024?

2 equities research analysts have issued 12 month price targets for NETGEAR's shares. Their NTGR share price targets range from $13.00 to $17.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 29.0% 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 beginning of 2024. Since then, NTGR shares have decreased by 20.2% and is now trading at $11.63.
View the best growth stocks for 2024 here
.

Are investors shorting NETGEAR?

NETGEAR saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 645,600 shares, a decline of 29.3% from the March 15th total of 913,100 shares. Based on an average daily trading volume, of 221,800 shares, the days-to-cover ratio is currently 2.9 days. Approximately 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, July 24th 2024.
View our NTGR earnings forecast
.

How were NETGEAR's earnings last quarter?

NETGEAR, Inc. (NASDAQ:NTGR) released its quarterly earnings data on Wednesday, February, 7th. The communications equipment provider reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.04. The communications equipment provider earned $188.67 million during the quarter, compared to the consensus estimate of $185.14 million. NETGEAR had a negative trailing twelve-month return on equity of 3.73% and a negative net margin of 15.69%. The company's revenue was down 24.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.21) earnings per share.

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

NETGEAR issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.0 million-$140.0 million, compared to the consensus revenue estimate of $175.1 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 many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.57%), BNP Paribas Financial Markets (0.25%), Mirae Asset Global Investments Co. Ltd. (0.23%), GSA Capital Partners LLP (0.12%), Simplex Trading LLC (0.00%) 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 5/4/2024 by MarketBeat.com Staff

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