NETGEAR, Inc. (NTGR)

Market Cap	436.86M
Revenue (ttm)	740.84M
Net Income (ttm)	-104.77M
Shares Out	29.07M
EPS (ttm)	-3.57
PE Ratio	n/a
Forward PE	57.15
Dividend	n/a
Ex-Dividend Date	n/a

Volume	51,824
Open	14.82
Previous Close	14.82
Day's Range	14.76 - 15.07
52-Week Range	10.40 - 15.93
Beta	0.86
Analysts	Strong Buy
Price Target	23.50 (+56.25%)
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...

• Industry: Communication Equipment
• Sector: Technology
• Founded: 1996
• Employees: 635
• Stock Exchange: NASDAQ
• Ticker Symbol: NTGR

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.

Analyst Forecast

According to 2 analysts, the average rating for NTGR stock is "Strong Buy." The 12-month stock price forecast is $23.5, which is an increase of 56.25% from the latest price.

Price Target

$23.5

(56.25% upside)

Analyst Consensus: Strong Buy