NETGEAR, Inc. (NTGR)

NASDAQ: NTGR · Real-Time Price · USD
24.76
+0.19 (0.75%)
Dec 3, 2024, 12:09 PM EST - Market open
0.75%
Market Cap 712.20M
Revenue (ttm) 680.01M
Net Income (ttm) 19.58M
Shares Out 28.77M
EPS (ttm) 0.66
PE Ratio 37.61
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 55,445
Open 24.52
Previous Close 24.57
Day's Range 24.45 - 24.92
52-Week Range 10.48 - 25.39
Beta 0.87
Analysts Hold
Price Target 13.00 (-47.49%)
Earnings Date Oct 30, 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 635
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 one analyst, the rating for NTGR stock is "Hold" and the 12-month stock price forecast is $13.0.

Price Target
$13.0
(-47.49% downside)
Analyst Consensus: Hold
Stock Forecasts

News

NETGEAR® to Present at Upcoming Investor Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today announced CJ Prober, CEO, and B...

3 hours ago - Business Wire

Netgear: A Cash-Rich Business Positioned For Future Growth

Netgear's strong balance sheet, with more than 50% of its market cap in cash and zero debt, makes it a defensive investment. Despite near-term profitability challenges, strategic inventory reduction a...

5 days ago - Seeking Alpha

Netgear: Shares Seem To Be Disconnected From The Company's Performance

Netgear, Inc.'s share price nearly doubled despite continued operational decline; I maintain a hold rating due to a lack of substantial performance turnaround. Q3 results show mixed performance: NFB s...

5 days ago - Seeking Alpha

NETGEAR Business Launches Engage 2.0: Revolutionizing AV Network Management for Enhanced Connectivity and Control

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses of any size, today announced the launch of Engage 2.0, a m...

21 days ago - Business Wire

NETGEAR, Inc. (NTGR) Q3 2024 Earnings Call Transcript

NETGEAR, Inc. (NASDAQ:NTGR) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Erik Bylin - IR C.J. Prober - CEO Bryan Murray - CFO Conference Call Participants Adam Tin...

4 weeks ago - Seeking Alpha

NETGEAR® Reports Third Quarter 2024 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today reported financial results for ...

4 weeks ago - Business Wire

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

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (Nasdaq: NTGR), the leader in advanced networking technologies for businesses, homes and service providers around the world, today announced that it gr...

5 weeks ago - Business Wire

NETGEAR Schedules Third Quarter 2024 Results Conference Call

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today announced that it will hold a ...

6 weeks ago - Business Wire

NETGEAR Announces Three New WiFi 7 Routers to Join the Industry-leading Nighthawk Lineup

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), a leading provider of innovative and secure solutions for people to connect and manage their digital lives, today expanded i...

2 months ago - Business Wire

Netgear: Wired For Cash After $135M Settlement

After fees and taxes, NETGEAR gets a $90 million cash boost. I see NETGEAR's balance sheet is strong, with approximately 64% of its market cap made up of cash and no debt. I'm concerned about NETGEAR'...

2 months ago - Seeking Alpha

What To Do After Netgear Jumped By Over 30%

Netgear, Inc. reported weak Q2 revenue but raised Q3 sales guidance yesterday, boosting investor confidence and stock price by 32%. Watch Netgear's cash and free cash flow improvements. New 5G product...

2 months ago - Seeking Alpha

NETGEAR Introduces Powerful, High-speed Mobile Connectivity with the World's First WiFi 7 5G Mobile Hotspot

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

3 months ago - Business Wire

NETGEAR and Samsung Electronics Join Forces for Seamless WiFi 7 Experiences

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leader in advanced networking technologies for homes, businesses, and service providers around the world, today announce...

3 months ago - Business Wire

NETGEAR Expands its WiFi 7 Solution Portfolio for Businesses with a New WiFi 7 Access Point

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR expands its WiFi 7 solution portfolio for businesses with a new, more affordable WiFi 7 access point.

4 months ago - Business Wire

NETGEAR Inc (NTGR) Q2 2024 Earnings Call Transcript

NETGEAR Inc (NASDAQ:NTGR) Q2 2024 Results Conference Call July 31, 2024 5:00 PM ET Company Participants Erik Bylin - IR C.J. Prober - CEO Bryan Murray - CFO Conference Call Participants Adam Tindle -...

4 months ago - Seeking Alpha

NETGEAR® Reports Second Quarter 2024 Results

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

4 months ago - Business Wire

The Leader in Immersive Healthcare for the Aging Joins Forces with the CTA Foundation to Launch the Great American Elderverse™

MYND IMMERSIVE TEAMS WITH AT&T, HTC VIVE, NETGEAR AND SELECT REHABILITATION TO BUILD NATIONAL SPATIAL COMPUTING NETWORK FOR OLDER ADULTS NEW YORK , July 31, 2024 /PRNewswire/ -- Mynd Immersive, a pion...

Other symbols: T
4 months ago - PRNewsWire

NETGEAR Announces New Additions to its Board of Directors and Management Team to Fuel Growth Across Company Sectors

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), the leader in advanced networking technologies for homes, businesses, and service providers around the world, today announced several ...

4 months ago - Business Wire

NETGEAR Schedules Second Quarter 2024 Results Conference Call

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 ...

5 months ago - Business Wire

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.

6 months 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...

6 months 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 ...

6 months ago - Business Wire

NETGEAR, Inc. (NTGR) Q1 2024 Earnings Call Transcript

NETGEAR, Inc. (NASDAQ:NTGR) Q1 2024 Results Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Erik Bylin - Investor Relations, NMN Advisors, Inc. Charles Prober - Chief Executive O...

7 months ago - Seeking Alpha

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...

7 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.

8 months ago - Business Wire