Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
NETGEAR Inc Market Cap
Based on ratings from 1 stock analysts, the NETGEAR Inc stock price is expected to decrease by 12.28% in 12 months. This is calculated by using the average 12-month stock price forecast for NETGEAR Inc. The lowest target is $22 and the highest is $22. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assigned NTGR 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect NETGEAR Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NTGR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NTGR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Hamed Khorsand BWS Financial | Neutral | $13 | Downgrade | May 2, 2024 |
| Hamed Khorsand BWS Financial | Buy | $30 | Maintains | Apr 10, 2024 |
| Adam Tindle Raymond James | Outperform | $17 | Maintains | Oct 26, 2023 |
| Adam Tindle Raymond James | Outperform | $22 | Maintains | Apr 28, 2023 |
| Adam Tindle Raymond James | Outperform | $23 | Maintains | Oct 27, 2022 |
| Hamed Khorsand BWS Financial | Buy | Upgrade | Jul 28, 2022 | |
| Adam Tindle Raymond James | Outperform | $25 | Maintains | Jul 28, 2022 |
| Adam Tindle Raymond James | Outperform | $27 | Maintains | Apr 28, 2022 |
| Adam Tindle Raymond James | Outperform | $31 | Maintains | Feb 3, 2022 |
| Adam Tindle Raymond James | Outperform | $34 | Maintains | Jan 4, 2022 |
BWS Financial | Neutral | Downgrade | Oct 28, 2021 | |
| Adam Tindle Raymond James | Outperform | $36 | Maintains | Oct 28, 2021 |
| Adam Tindle Raymond James | Outperform | $42 | Maintains | Jul 22, 2021 |
| Hamed Khorsand BWS Financial | Buy | $43 | Maintains | Jul 22, 2021 |
| Adam Tindle Raymond James | Outperform | $48 | Maintains | Apr 22, 2021 |
| Hamed Khorsand BWS Financial | Buy | $58 | Maintains | Feb 4, 2021 |
| Adam Tindle Raymond James | Outperform | $50 | Maintains | Feb 4, 2021 |
Raymond James | Outperform | $45 | Maintains | Dec 11, 2020 |
Raymond James | Outperform | $43 | Maintains | Oct 22, 2020 |
Raymond James | Outperform | $35 | Maintains | Jul 23, 2020 |
When did it IPO
2003
Staff Count
638
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Charles J. Prober
Market Cap
$721.5M
In 2023, NTGR generated $740.8M in revenue, which was a decrease of -20.55% from the previous year. This can be seen as a signal that NTGR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NETGEAR, Inc. (NASDAQ: NTGR) will present at the Raymond James 2024 TMT and Consumer Conference on December 10, 2024, at 3:00 p.m. ET in New York. The event will be webcast.
Why It Matters - NETGEAR's participation in an investor conference highlights its commitment to transparency and engagement, potentially influencing investor confidence and stock performance.
Fri, 29 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - NETGEAR (NTGR) reported earnings 30 days ago; investors should monitor upcoming developments for potential stock performance insights.
Why It Matters - Upcoming developments or market reactions following NETGEAR's earnings report could influence stock performance, impacting investor sentiment and potential buy/sell decisions.
Thu, 28 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - NTGR benefits from strong NFB segment performance and increased demand for premium CHP products, though external risks may pose challenges.
Why It Matters - NTGR's growth in the NFB segment and premium CHP products signals potential revenue increase, but external risks may impact future performance, affecting investment decisions.
Wed, 27 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Netgear has a strong balance sheet with over 50% of its market cap in cash and no debt. It faces near-term profitability challenges but aims for long-term growth through inventory reduction and reinvestment.
Why It Matters - Netgear's solid cash position and zero debt enhance its stability, while strategic moves aim for future growth. However, uncertainty around profitability timelines introduces investment risk.
Wed, 27 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Netgear's share price nearly doubled amid operational decline. Q3 showed mixed results: NFB grew 13% but Connected Home fell 18%. A $100M settlement improved liquidity, but margins and inventory are concerning. Hold rating.
Why It Matters - Netgear's share price surge contrasts with declining operations and mixed Q3 results, indicating potential volatility. The litigation settlement aids liquidity, but ongoing issues raise concerns.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NETGEAR (NASDAQ: NTGR) launched Engage 2.0, an upgraded platform for managing audiovisual networks, now available for free download.
Why It Matters - NETGEAR's launch of Engage 2.0 enhances its product offerings, potentially increasing market share and revenue. This upgrade aligns with growth in AV-IT convergence, signaling strong business prospects.
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