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Home โบ Stocks โบ Newegg Commerce Inc. (NEGG) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Cyclical | Internet Retail
$7.42
-0.57 (-7.13%)10 Quality Stocks Worth Considering Now
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NEGG has shown a year-to-date change of -7.3% and a 1-year change of -66.9%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for NEGG. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for NEGG.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Feb 6, 2023 | Noble Capital Markets | Michael Kupinski | Outperform | Initiates | $3.50 |
The following stocks are similar to Newegg based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Newegg Commerce Inc. has a market capitalization of $155.63M with a P/E ratio of 0.0x. The company generates $1.24B in trailing twelve-month revenue with a -3.5% profit margin.
Revenue growth is -32.3% quarter-over-quarter, while maintaining an operating margin of -3.5% and return on equity of -36.8%.
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E-commerce company specializing in electronics sales.
Newegg operates primarily as an online retailer, generating revenue through direct sales of computer hardware and consumer electronics to tech-savvy customers. Additionally, it supports third-party sellers via its Marketplace platform, allowing for a broader range of products and enhancing overall market reach.
Headquartered in Los Angeles County, Newegg serves both North American and international markets. The company is recognized for its customer-focused approach, detailed product reviews, and a supportive tech community, catering to both individual consumers and businesses.
Consumer Cyclical
Internet Retail
762
Mr. Anthony K. Chow
United States
2021
Newegg Commerce (NASDAQ: NEGG) announced the exclusive North America retail launch of AMD EPYC 4005 Series processors, designed for energy efficiency and tailored for growing businesses.
Newegg's exclusive launch of AMD's new energy-efficient processors could boost sales, enhance market competitiveness, and attract more business customers, positively impacting its stock performance.
Newegg Commerce, Inc. (NASDAQ: NEGG) reported fiscal year results for 2024, highlighting operational discipline and SG&A reductions through warehouse consolidation and workforce alignment initiatives.
Newegg's focus on operational efficiency and cost-cutting measures may improve profitability, impacting its stock performance and investor confidence moving forward.
Newegg Commerce, Inc. (NASDAQ: NEGG) has regained compliance with Nasdaq's minimum bid price requirement, according to a notification from the Nasdaq Capital Market.
Newegg's compliance with Nasdaq's minimum bid price requirement signals improved financial stability, potentially boosting investor confidence and attracting more interest in its stock.
Newegg Commerce, Inc. (NASDAQ: NEGG) will implement a 20-for-1 reverse stock split effective April 7, 2025, following the filing of updated corporate documents in the British Virgin Islands.
Newegg's reverse stock split aims to boost its share price and attract institutional investors, potentially stabilizing its stock and enhancing market perception.
Newegg Commerce, Inc. (NASDAQ: NEGG) has launched its Super Spring Sale, offering significant discounts on tech products, including gaming desktops and laptops.
Newegg's Super Spring Sale signals strong consumer demand, potentially boosting sales and revenue. Increased promotions could enhance market share and improve investor sentiment.
Newegg Commerce, Inc. has launched the AMD Ryzen 9 9950X3D for $699.99 and Ryzen 9 9900X3D for $599.99, touted as the most advanced gaming desktop processors.
The launch of AMDโs Ryzen 9 9950X3D and 9900X3D processors could drive sales growth for Newegg and AMD, impacting their stock performance and market competitiveness in tech.
Analyst forecasts for Newegg Commerce Inc. (NEGG) are not currently available. The stock is trading at $7.42.
Analyst ratings for NEGG are not currently available. The stock is currently trading at $7.42. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for NEGG are not currently available. The stock is trading at $7.42.
Newegg operates primarily as an online retailer, generating revenue through direct sales of computer hardware and consumer electronics to tech-savvy customers. Additionally, it supports third-party sellers via its Marketplace platform, allowing for a broader range of products and enhancing overall market reach.
Price targets from Wall Street analysts for NEGG are not currently available. The stock is trading at $7.42.
Price targets from Wall Street analysts for NEGG are not currently available. The stock is trading at $7.42.
Analyst ratings for NEGG are not currently available. The stock is trading at $7.42.
Stock price projections, including those for Newegg Commerce Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.