NETGEAR, Inc. (NTGR)

NASDAQ: NTGR · IEX Real-Time Price · USD
12.31
+0.23 (1.90%)
At close: May 14, 2024, 4:00 PM
12.40
+0.09 (0.73%)
Pre-market: May 15, 2024, 8:33 AM EDT
1.90%
Market Cap 357.87M
Revenue (ttm) 724.52M
Net Income (ttm) -113.71M
Shares Out 29.07M
EPS (ttm) -3.84
PE Ratio n/a
Forward PE 30.13
Dividend n/a
Ex-Dividend Date n/a
Volume 207,962
Open 12.20
Previous Close 12.08
Day's Range 12.17 - 12.35
52-Week Range 10.40 - 15.93
Beta 0.86
Analysts Buy
Price Target 15.00 (+21.85%)
Earnings Date May 1, 2024

About 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 Busin... [Read more]

Sector Technology
Founded 1996
Employees 628
Stock Exchange NASDAQ
Ticker Symbol NTGR
Full Company Profile

Financial Performance

In 2023, NETGEAR's revenue was $740.84 million, a decrease of -20.55% compared to the previous year's $932.47 million. Losses were -$104.77 million, 51.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for NTGR stock is "Buy." The 12-month stock price forecast is $15.0, which is an increase of 21.85% from the latest price.

Price Target
$15.0
(21.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NETGEAR® Reports First Quarter 2024 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today repo...

13 days ago - Business Wire

NETGEAR Expands Growing List of AV Technology Partners

LAS VEGAS--(BUSINESS WIRE)---- $NTGR--NETGEAR announced interoperability between AV switches Intel's Media Transport Library and E800 series Network Interface Cards.

4 weeks ago - Business Wire

NETGEAR Schedules First Quarter 2024 Results Conference Call

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today ann...

4 weeks ago - Business Wire

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

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--WBE750 Access Point joins NETGEAR's Total Network Solution, and provides supercharged WiFi 7 performance with unbeatable network security.

2 months ago - Business Wire

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

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR Nighthawk CM3000 cable modem engineered to unlock fastest internet speeds available today with revolutionary mid/high-split technology.

2 months ago - Business Wire

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

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today anno...

2 months ago - Business Wire

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

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR announced an interoperability partnership with Panasonic Connect for the KAIROS IT/IP Platform for live production.

3 months ago - Business Wire

NETGEAR® Reports Fourth Quarter and Full Year 2023 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today repo...

3 months ago - Business Wire

NETGEAR Appoints Technology Leader Charles (CJ) Prober as New CEO

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and internet connected products to consumers and businesses, today ann...

3 months ago - Business Wire

NETGEAR® Provides Preliminary Fourth Quarter Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), today reported certain preliminary financial results for its fourth fiscal quarter ended December 31, 2023. NETGEAR will announce full...

3 months ago - Business Wire

Netgear sues Huawei in US antitrust case over patent licensing

Computer networking company Netgear has sued Huawei [RIC:RIC:HWT.UL] in California federal court, claiming the Chinese tech giant broke U.S. antitrust law by refusing to license its patents on reasona...

3 months ago - Reuters

NETGEAR Schedules Fourth Quarter and Full Year 2023 Results Conference Call

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today ann...

4 months ago - Business Wire

NETGEAR Introduces Top-of-the-line Cloud Manageable Smart Switch Series Designed for 10 Gig Connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses both large and small, today launched the cloud-managed NET...

5 months ago - Business Wire

NETGEAR to Host 2023 Virtual Financial Analyst Day

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, will host...

5 months ago - Business Wire

NETGEAR® to Present at Upcoming Investor Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), the leading provider of award-winning connected products designed to simplify and improve people's lives, today announced Patrick Lo, C...

6 months ago - Business Wire

NETGEAR Expands its Smart Switch Lineup to Boost SMB Connectivity with Launch of MS108TUP

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses both large and small, today launched the NETGEAR MS108TUP ...

6 months ago - Business Wire

NETGEAR Unveils Meural Opus in Support of Digital Art Collectors and Creators

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR introduces Meural Opus a next-generation NFT viewing experience for digital art collectors.

7 months ago - Business Wire

NETGEAR® Reports Third Quarter 2023 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today repo...

7 months ago - Business Wire

NETGEAR Schedules Third Quarter 2023 Results Conference Call

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today ann...

7 months ago - Business Wire

NETGEAR Brings WiFi 7 to Its Flagship Orbi Family, Unleashing Elite Connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR Introduces WiFi 7 in its flagship Orbi line with Orbi 970 Series quad-band mesh system.

8 months ago - Business Wire

NETGEAR Brings Powerful Yet Compact WiFi 6E Mesh System to Its Nighthawk Line

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR introduces a new powerful yet compact WiFi 6E mesh system to its Nighthawk line.

8 months ago - Business Wire

NETGEAR Enhances Its Total Networking Solution for Small Business With PR60X Pro Router Managed by Insight 7.0

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR enhances its total network solution for small businesses with the new PR60X Pro Router.

9 months ago - Business Wire

NETGEAR® Reports Second Quarter 2023 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today repo...

10 months ago - Business Wire

NETGEAR Schedules Second Quarter 2023 Results Conference Call

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today ann...

10 months ago - Business Wire

NETGEAR Introduces World's First WiFi 6E Unlocked 5G Mobile Hotspot With mmWave Technology

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR introduces Nighthawk M6 Pro, the first WiFi 6E unlocked mobile hotspot router with mmWave.

1 year ago - Business Wire