NETGEAR (NTGR) Stock Price, News & Analysis

2 Wall Street 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 analysts is that investors should "buy" NTGR shares.
View NTGR analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year price objectives for NETGEAR's shares. Their NTGR share price targets range from $17.00 to $30.00. On average, they anticipate the company's stock price to reach $23.50 in the next year. This suggests a possible upside of 68.3% from the stock's current price.
View analysts price targets for NTGR or view top-rated stocks among Wall Street analysts.

NETGEAR's stock was trading at $14.58 on January 1st, 2024. Since then, NTGR shares have decreased by 4.3% and is now trading at $13.96.
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NETGEAR saw a drop in short interest in the month of 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 trading volume of 221,800 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.4% of the company's stock are sold short.
View NETGEAR's Short Interest.

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

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.

NETGEAR, Inc. (NASDAQ:NTGR) posted its earnings results on Wednesday, February, 7th. The communications equipment provider reported ($0.03) EPS for the quarter, beating the consensus estimate 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 net margin of 14.14% and a negative trailing twelve-month return on equity of 2.96%. NETGEAR's quarterly revenue was down 24.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.21) EPS.

ETFs with the largest weight of NETGEAR (NASDAQ:NTGR) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) and SPDR S&P Telecom ETF (XTL).Global X Internet of Things Thematic ETF (SNSR).

NETGEAR updated its first quarter 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (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.

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.

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).

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.
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