Newegg Commerce, Inc. (NEGG)

NASDAQ: NEGG · IEX Real-Time Price · USD
0.912
-0.078 (-7.91%)
Sep 25, 2023, 10:15 AM EDT - Market open
-7.91%
Market Cap 344.10M
Revenue (ttm) 1.55B
Net Income (ttm) -67.89M
Shares Out 377.76M
EPS (ttm) -0.15
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 248,420
Open 0.970
Previous Close 0.990
Day's Range 0.865 - 0.990
52-Week Range 0.865 - 3.090
Beta 1.56
Analysts Buy
Price Target 3.50 (+283.9%)
Earnings Date Oct 6, 2023

About NEGG

Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainme... [Read more]

Industry Internet Retail
IPO Date Apr 22, 2010
Employees 1,355
Stock Exchange NASDAQ
Ticker Symbol NEGG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for NEGG stock is "Buy" and the 12-month stock price forecast is $3.5.

Price Target
$3.5
(283.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Newegg Preps FantasTech Sale II, Online Technology Retailer's Big Fall Sale, for Oct. 9-13

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg is bringing back FantasTech Sale II this fall, offering tech product discounts before the holidays.

5 days ago - Business Wire

Newegg Announces First Half 2023 Results

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced results for the six months ended Jun...

27 days ago - Business Wire

Newegg Implements Warehouse Robotics from Geek+

Southern California distribution center uses shelf-to-person mobile picking system for increased speed and efficiency CITY OF INDUSTRY, Calif. , Aug. 28, 2023 /PRNewswire/ -- Newegg Commerce, Inc. (NA...

27 days ago - PRNewsWire

Newegg Revolutionizes Online Shopping with AI-Generated Customer Review Summaries

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #ai--Newegg is using AI to summarize customer product reviews and make online shopping easier for customers.

6 weeks ago - Business Wire

Newegg Launches First Computer Shopping ChatGPT Plugin

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg launches PC Builder ChatGPT plugin for ChatGPT Plus subscribers. The plugin is the first for computer shopping.

2 months ago - Business Wire

Laptops for Lounges and Desktop PCs for Dorm Rooms – Newegg Has Deals for Students Gearing Up for Back to College and Back to School

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg announced Back-to-College and Back-to-School Sales with deals on laptops and desktop PC systems.

2 months ago - Business Wire

Newegg's 2023 FantasTech Sale Begins by Offering Some of the Best Tech Deals of the Summer

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #fantastech--Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology products, today announced that its ninth annual summer ...

2 months ago - Business Wire

Rokt Unlocks New Ecommerce Revenue Opportunities for Mercari and Newegg

Online Marketplace and Global Tech Retailer Will Both Use Rokt's Machine Learning–Powered Technology to Deliver a More Relevant Customer Experience NEW YORK , June 28, 2023 /PRNewswire/ --  Rokt , the...

3 months ago - PRNewsWire

Newegg Delivering the Tech to Creators and Fans in the YouTube Drop Shop at VidCon Anaheim 2023

ANAHEIM, Calif.--(BUSINESS WIRE)---- $NEGG #ShopwithYouTube--Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology products, today announced its exclusive partnership as the ...

3 months ago - Business Wire

Newegg Launching Ninth Annual FantasTech Sale, North America's Most Anticipated 2023 Tech-Focused Online Summer Deals Event, on July 10

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #fantastech--Newegg's FantasTech Sales event returns with the presale from July 5-9 and the sale from July 10-14.

3 months ago - Business Wire

Newegg Uses AI Behind the Scenes to Review Marketplace Product Listings

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #ai--Newegg automates product listing reviews using AI for grammar, spelling, and brand names, achieving a strong success rate.

3 months ago - Business Wire

Newegg Uses AI to Build New Online Shopping Experience for Home Products

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #ai--Newegg's new Home Showcase, an AI-driven online shopping experience, features an interactive UI to help customers find home products.

4 months ago - Business Wire

Newegg Announces its Largest Ever Presence at Computex 2023, Showcasing Marketplace, Logistics and Media Creation Capabilities for APAC Companies

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #computex--Newegg, a leading tech e-commerce company, announces its biggest ever participation at Computex in Taipei.

4 months ago - Business Wire

GameCrate Relaunches

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #gamecrate--GameCrate, a popular gaming and pop culture website, has relaunched. It offers news, guides, and reviews on gaming, consoles, tech, and ...

4 months ago - Business Wire

ChatGPT Integration Powers Newegg's PC Builder Tool to Surpass 200,000 User Prompts in Open Beta

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #ai--Newegg's online PC Builder tool, powered by ChatGPT, suggests compatible components for three desktop PC build options.

4 months ago - Business Wire

Newegg Grows Industry Leadership with Over 50 Hours of Weekly Livestream Shopping

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #livecommerce--Newegg Commerce, Inc. (NASDAQ: NEGG) continues to expand its livestream shopping, now with a schedule of over 50 hours per week Monda...

5 months ago - Business Wire

Newegg Announces Year End 2022 Results and 2023 Guidance

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg Commerce, Inc. announced results for the year ended December 31, 2022 and guidance for the year ending December 31, 2023.

5 months ago - Business Wire

Newegg Offers Six-Month Free Elite Membership for New Marketplace Sellers

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #marketplace--Newegg Marketplace, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), today announced a promotion for new marketplace sellers that j...

6 months ago - Business Wire

Newegg Uses ChatGPT to Improve Online Shopping Experience

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #ai--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, announced today that the company is using ChatGPT to imp...

6 months ago - Business Wire

Newegg Unwraps NAS Builder to Help Shoppers Improve Digital File Storage

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #NAS--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced the launch of NAS Builder, a first-of-i...

6 months ago - Business Wire

Jaylen Clark of the UCLA Men's Basketball Team Scores with Newegg, MSI and Seagate Technology

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #basketball--Newegg Commerce, Inc. (NASDAQ: NEGG) in cooperation with MSI Computer Corp. and Seagate Technology (NASDAQ: STX) today announced the la...

Other symbols: STX
7 months ago - Business Wire

Newegg Business Cues Up Latest Tech Products for Educators at Spring CUE

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #edtech--Newegg Business, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), today announced the company will exhibit for the first time at the Spr...

7 months ago - Business Wire

Newegg Unveils New Influencer Program Benefits Including Free Use of Company's Studio Facilities

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #creator--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced new benefits of its influencer prog...

7 months ago - Business Wire

Best Monitor Deals: Lowest Prices at Amazon, Newegg, LG and More

Cash in on savings on 2K and 4K displays from HP, Dell, LG, Pixio, Samsung and ViewSonic.

7 months ago - CNET

Newegg Constructs Deals on Desktop PC Components for Build Now Sale

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced it is bringing deals to both current and aspiring PC...

8 months ago - Business Wire