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Newegg Commerce, Inc. (NEGG) Stock Forecast & Price Prediction

Live NEGG Stock Price & Analysis

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$0.43

-0.01 (-2.27%)

12 Month Price Forecast For NEGG

$0.43
Current Price
$171.35M
Market Cap
0 Ratings
Buy 0
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to NEGG Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

NEGG Price Momentum

-2.3%
1 Week Change
-15.7%
1 Month Change
-39.4%
1 Year Change
+7.5%
Year-to-Date Change
-67.4%
From 52W High of $1.32
+10.3%
From 52W Low of $0.39

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Disclaimer: 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.

Data last updated: February 6, 2025 4:32 AM UTC

NEGG Analyst Ratings & Price Targets

Currently, there are no Wall Street analyst price targets or forecasts available for NEGG (Newegg).

NEGG is currently trading at $0.43. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.

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.

NEGG Analyst Consensus

0
Buy
0
Hold
0
Sell

NEGG Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $0.43

Latest NEGG Stock Forecasts by Analyst

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

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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. (NEGG) Financial Data

Newegg Commerce, Inc. has a market capitalization of $171.35M with a P/E ratio of 0.0x. The company generates $1.39B in trailing twelve-month revenue with a -3.9% profit margin.

Revenue growth is -14.5% quarter-over-quarter, while maintaining an operating margin of -4.8% and return on equity of -42.2%.

Valuation Metrics

Market Cap $171.35M
Enterprise Value $213.78M
P/E Ratio 0.0x
PEG Ratio -4.4x
Price/Sales 0.1x

Growth & Margins

Revenue Growth (YoY) -14.5%
Gross Margin +10.8%
Operating Margin -4.8%
Net Margin -3.9%
EPS Growth -27.4%

Financial Health

Cash/Price Ratio +29.8%
Current Ratio 1.2x
Debt/Equity 84.6x
ROE -42.2%
ROA -10.1%

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Newegg Commerce, Inc. logo

Newegg Commerce, Inc. (NEGG) Company Overview

About Newegg Commerce, Inc.

What They Do

Electronics-focused e-retailer operating globally.

Business Model

The company operates primarily as an e-commerce platform, selling a wide range of electronics including computers, peripherals, software, and gaming products. It generates revenue through direct sales to consumers and businesses, as well as by providing third-party logistics and fulfillment services.

Additional Information

Newegg Commerce, Inc. serves markets in the United States, Canada, and internationally, and offers various B2C and B2B platforms, including Newegg.com and NeweggBusiness.com. The company partners with leading brands such as Asus, HP, and Microsoft, and has been in operation since 2001, headquartered in City Of Industry, California. It is a subsidiary of Digital Grid (Hong Kong) Technology Co., Ltd.

Company Information

Sector

Consumer Cyclical

Industry

Internet Retail

Employees

932

CEO

Mr. Anthony K. Chow

Country

United States

IPO Year

2021

Newegg Commerce, Inc. (NEGG) Latest News & Analysis

NEGG stock latest news image
Quick Summary

Newegg Commerce, Inc. (NASDAQ: NEGG) reported strong demand for NVIDIA GeForce RTX 50 Series GPUs, with initial inventory selling out in minutes, indicating robust market interest in AI-powered graphics technology.

Why It Matters

Newegg's rapid sellout of NVIDIA's new GPUs indicates strong demand for tech products, potentially boosting revenue and stock performance, signaling growth in the e-commerce and gaming sectors.

Source: Business Wire
Market Sentiment: Neutral
NEGG stock latest news image
Quick Summary

Newegg Commerce, Inc. (NASDAQ: NEGG) is set to offer NVIDIA GeForce RTX 50 Series GPUs and new ABS gaming PCs with RTX 5090 and RTX 5080, targeting gamers and PC enthusiasts.

Why It Matters

Newegg's launch of NVIDIA's latest GPUs could boost sales and market share, indicating strong demand in the tech sector, which may positively impact stock performance.

Source: Business Wire
Market Sentiment: Neutral
NEGG stock latest news image
Quick Summary

Newegg Commerce, Inc. (NASDAQ: NEGG) will host its FantasTech II Sale from October 7-11, offering significant discounts on various tech products, including laptops and gaming accessories.

Why It Matters

Newegg's FantasTech II Sale could boost sales and revenue, impacting its stock performance. Positive consumer response may enhance investor confidence in the company's growth potential.

Source: Business Wire
Market Sentiment: Neutral
NEGG stock latest news image
Quick Summary

Newegg Commerce, Inc. reported a slowdown in computer hardware sales in H1 2024 due to macroeconomic challenges and fewer new product launches, but expects a sales rebound in H2.

Why It Matters

Newegg's sales slowdown reflects broader market challenges, but anticipated recovery could signal a rebound in tech spending, impacting stock performance and investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
NEGG stock latest news image
Quick Summary

Newegg Commerce, Inc. (NASDAQ: NEGG) has launched a CPU Trade-In program, allowing customers to exchange used CPUs for credit toward new purchases on Newegg.com.

Why It Matters

Newegg's CPU Trade-In program enhances customer engagement, potentially boosts sales, and positions the company competitively in the tech retail market, impacting revenue and stock performance.

Source: Business Wire
Market Sentiment: Neutral
NEGG stock latest news image
Quick Summary

Newegg Commerce, Inc. (NASDAQ: NEGG) launched its tenth annual FantasTech Sale, running until July 19, featuring extensive discounts on various technology products and appliances.

Why It Matters

Newegg's FantasTech Sale highlights strong promotional activity, potentially driving sales growth and improving market position, which could positively influence stock performance.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About NEGG Stock

What is Newegg Commerce, Inc.'s (NEGG) stock forecast for 2025?

Analyst forecasts for Newegg Commerce, Inc. (NEGG) are not currently available. The stock is trading at $0.43.

Is NEGG stock a good investment in 2025?

Analyst ratings for NEGG are not currently available. The stock is currently trading at $0.43. 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.

What is the price prediction for NEGG stock?

Price predictions from Wall Street analysts for NEGG are not currently available. The stock is trading at $0.43.

What is Newegg Commerce, Inc.'s business model?

The company operates primarily as an e-commerce platform, selling a wide range of electronics including computers, peripherals, software, and gaming products. It generates revenue through direct sales to consumers and businesses, as well as by providing third-party logistics and fulfillment services.

What is the highest forecasted price for NEGG Newegg Commerce, Inc.?

Price targets from Wall Street analysts for NEGG are not currently available. The stock is trading at $0.43.

What is the lowest forecasted price for NEGG Newegg Commerce, Inc.?

Price targets from Wall Street analysts for NEGG are not currently available. The stock is trading at $0.43.

What is the overall NEGG consensus from analysts for Newegg Commerce, Inc.?

Analyst ratings for NEGG are not currently available. The stock is trading at $0.43.

How accurate are NEGG stock price projections?

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.