NETGEAR, Inc. (NTGR)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for NTGR stock is "Hold" and the 12-month stock price forecast is $13.0.
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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'...
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...
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...
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...
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.
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 -...
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 ...
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...
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 ...
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 ...
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.
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...
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 ...
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...
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...
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.