NETGEAR, Inc. (NTGR)

NASDAQ: NTGR · IEX Real-Time Price · USD
14.71
-0.16 (-1.08%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-1.08%
Market Cap 427.64M
Revenue (ttm) 724.52M
Net Income (ttm) -113.71M
Shares Out 29.07M
EPS (ttm) -3.84
PE Ratio n/a
Forward PE 64.94
Dividend n/a
Ex-Dividend Date n/a
Volume 135,829
Open 14.86
Previous Close 14.87
Day's Range 14.55 - 15.00
52-Week Range 10.40 - 15.93
Beta 0.79
Analysts Buy
Price Target 15.00 (+1.97%)
Earnings Date Jul 24, 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 1.97% from the latest price.

Price Target
$15.0
(1.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NETGEAR Introduces New Additions to Industry-leading WiFi 7 Lineup of Home Networking Products

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR Introduces New Additions to Industry-leading WiFi 7 Lineup of Home Networking Products.

21 days ago - Business Wire

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

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (Nasdaq: NTGR), the leading provider of innovative and secure solutions for people to connect and manage their digital lives, today announced that it g...

27 days ago - Business Wire

ITC Judge Rules TP-Link Violated U.S. Trade Laws by Infringing NETGEAR Patents

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of innovative and secure solutions for people to connect and manage their digital lives, today reported that on M...

4 weeks ago - Business Wire

Windward Management Issues Letter to NETGEAR Board Strongly Advising the Immediate Repurchase of at Least 25% of the Shares Outstanding (~$100M) & the Formation of a Strategic Review Committee to Examine Splitting off and/or Selling the NFB Segment

MIAMI BEACH, Fla.--(BUSINESS WIRE)--Windward Management LP today issued the following open letter to the board of directors of NETGEAR Inc. May 24, 2024 NETGEAR, Inc. Attn: The Board of Directors 350 ...

4 weeks ago - Business Wire

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...

2 months 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.

2 months 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...

2 months 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.

3 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.

4 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...

4 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.

5 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...

5 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...

5 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...

5 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...

5 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...

5 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...

7 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...

7 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...

7 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 ...

8 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.

8 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...

8 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...

9 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.

10 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.

10 months ago - Business Wire