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 year. 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 .

What is NETGEAR's stock price target for 2024?

2 equities research analysts have issued twelve-month price targets for NETGEAR's stock. Their NTGR share price targets range from $17.00 to $30.00. On average, they predict the company's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 67.3% 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 the year. Since then, NTGR stock has decreased by 3.6% and is now trading at $14.05. 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 trading volume, of 221,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.4% of the company's stock are short sold. 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) posted its earnings results on Wednesday, February, 7th. The communications equipment provider reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.04. The communications equipment provider earned $188.67 million during the quarter, compared to analysts' expectations 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 business's revenue was down 24.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.21) EPS.

What ETFs hold NETGEAR's stock?

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) .

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 earnings per share 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) .

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

NASDAQ:NTGR

NETGEAR (NTGR) Stock Price, News & Analysis

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$14.05

-0.23 (-1.61%)

(As of 04/16/2024 ET)

Compare

Today's Range: $13.99
▼
$14.21
50-Day Range: $12.86
▼
$15.83
52-Week Range: $10.40
▼
$18.52

Volume: 166,068 shs
Average Volume: 217,491 shs
Market Capitalization: $416.72 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $23.50

Get NETGEAR alerts:

NETGEAR MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 67.3% 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: 0.98
Based on 12 Articles This Week
Insider Trading: Selling Shares
$270,447 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.

4.63 out of 5 stars

Computer And Technology Sector

62nd out of 591 stocks

Telephone & Telegraph Apparatus Industry

2nd out of 9 stocks

3.5

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 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
NETGEAR has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.35% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NETGEAR has recently decreased by 29.30%, indicating that investor sentiment is improving 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.

2.8

News and Social Media Coverage

News Sentiment
NETGEAR has a news sentiment score of 0.98. 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 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for NETGEAR this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added NETGEAR to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 $270,447.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of NETGEAR is held by insiders.
Percentage Held by Institutions
82.97% 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 ($0.16) to $0.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NETGEAR is -3.96, 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 -3.96, 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 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

NTGR Stock News Headlines

April 16, 2024 | businesswire.com

NETGEAR Expands Growing List of AV Technology Partners

April 15, 2024 | finance.yahoo.com

NETGEAR Schedules First Quarter 2024 Results Conference Call

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 11, 2024 | americanbankingnews.com

BWS Financial Reaffirms "Buy" Rating for NETGEAR (NASDAQ:NTGR)

April 10, 2024 | markets.businessinsider.com

Netgear’s Strong Value Potential and Positive Cash Flow Outlook Merit Buy Rating

April 10, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights Infinera, NETGEAR and Intrusion

March 30, 2024 | finance.yahoo.com

With 86% institutional ownership, NETGEAR, Inc. (NASDAQ:NTGR) is a favorite amongst the big guns

March 19, 2024 | msn.com

Duxbury releases dedicated NETGEAR switches for AV environments

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 17, 2024 | yahoo.com

Roadmap 2024: NETGEAR Business

March 14, 2024 | businesswire.com

NETGEAR Unveils the Ultimate Tri-band WiFi 7 Access Point WBE750 for Heavily Connected Businesses

March 12, 2024 | finance.yahoo.com

NETGEAR Unveils Next Generation of Connectivity with the Nighthawk DOCSIS 3.1 High-Speed Internet Cable Modem

February 28, 2024 | finance.yahoo.com

NETGEAR® Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

February 18, 2024 | msn.com

A New Cause for Concern: Netgear Adds a New Corporate Activity and Growth Risk

February 18, 2024 | finance.yahoo.com

NETGEAR Full Year 2023 Earnings: EPS Beats Expectations

February 17, 2024 | finance.yahoo.com

NTGR Sep 2024 20.000 put

February 13, 2024 | msn.com

NETGEAR and Panasonic enter interoperability partnership

February 13, 2024 | finance.yahoo.com

NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility

February 8, 2024 | finance.yahoo.com

NETGEAR (NTGR) Q4 Earnings Beat Estimates, Revenues Fall Y/Y

February 8, 2024 | finance.yahoo.com

NETGEAR, Inc. (NASDAQ:NTGR) Q4 2023 Earnings Call Transcript

February 8, 2024 | finance.yahoo.com

Q4 2023 NETGEAR Inc Earnings Call

February 7, 2024 | finance.yahoo.com

NETGEAR, Inc. (NTGR) Beats Q4 Earnings and Revenue Estimates

February 7, 2024 | markets.businessinsider.com

NetGear Inc. Q4 Earnings Summary

February 7, 2024 | finance.yahoo.com

Netgear Inc (NTGR) Reports Q4 and Full Year 2023 Results: A Mixed Financial Performance Amid ...

February 7, 2024 | businesswire.com

NETGEAR® Reports Fourth Quarter and Full Year 2023 Results

February 6, 2024 | msn.com

AudioCodes Non-GAAP EPS of $0.28 beats by $0.04, revenue of $63.6M misses by $0.26M

February 1, 2024 | msn.com

Your home office may have helped China attack critical U.S. infrastructure — here’s how

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Telephone & telegraph apparatus
Sub-Industry: Communications Equipment
Current Symbol: NASDAQ:NTGR
CUSIP: 64111Q10
CIK: 1122904
Web: www.netgear.com
Phone: (408) 907-8000
Fax: 408-907-8097
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: +67.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.55)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-104,770,000.00
Net Margins: -14.14%
Pretax Margin: -2.58%
Return on Equity: -2.96%
Return on Assets: -1.89%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.83
Quick Ratio: 1.89

Sales & Book Value

Annual Sales: $740.84 million
Price / Sales: 0.56
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $18.09 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 29,660,000
Free Float: 27,881,000
Market Cap: $417.32 million
Optionable: Optionable
Beta: 0.84

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Key Executives

Mr. Bryan D. Murray (Age 49)
Chief Financial Officer
Comp: $556.87k
Mr. Michael F. Falcon (Age 68)
Chief Operations Officer
Comp: $535.97k
Mr. C. S. Lo (Age 67)
Advisor
Comp: $952.5k
Mr. Michael A. Werdann (Age 56)
Chief Revenue Officer
Comp: $877.79k
Mr. David John Henry (Age 51)
President and GM of Connected Home Products & Services
Comp: $533.17k
Mr. Charles J. Prober (Age 53)
President, CEO & Director
Mr. Christopher Genualdi
Director of Investor Relations & Corporate Development
Mr. Andrew W. Kim (Age 53)
Chief Legal Officer
Comp: $585.38k
Ms. Heidi B. Cormack (Age 49)
Chief Marketing Officer
Ms. Tamesa T. Rogers (Age 50)
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?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NETGEAR in the last year. 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.
What is NETGEAR's stock price target for 2024?: 2 equities research analysts have issued twelve-month price targets for NETGEAR's stock. Their NTGR share price targets range from $17.00 to $30.00. On average, they predict the company's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 67.3% 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 the year. Since then, NTGR stock has decreased by 3.6% and is now trading at $14.05.
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 trading volume, of 221,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.4% of the company's stock are short sold.
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) posted its earnings results on Wednesday, February, 7th. The communications equipment provider reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.04. The communications equipment provider earned $188.67 million during the quarter, compared to analysts' expectations 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 business's revenue was down 24.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.21) EPS.

What ETFs hold NETGEAR's stock?: 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).
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 earnings per share 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).
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 4/16/2024 by MarketBeat.com Staff

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NETGEAR (NTGR) Stock Price, News & Analysis

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

MarketBeat Follows

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^™