Netgear, Inc. (NTGR)

NASDAQ: NTGR · IEX Real-Time Price · USD
19.44
+0.80 (4.29%)
At close: Jun 24, 2022 4:00 PM
19.74
+0.30 (1.54%)
After-hours: Jun 24, 2022 6:46 PM EDT
4.29%
Market Cap 559.31M
Revenue (ttm) 1.06B
Net Income (ttm) -30.78M
Shares Out 28.77M
EPS (ttm) -1.03
PE Ratio n/a
Forward PE 60.98
Dividend n/a
Ex-Dividend Date n/a
Volume 372,358
Open 18.81
Previous Close 18.64
Day's Range 18.63 - 19.50
52-Week Range 17.40 - 39.41
Beta 0.59
Analysts Buy
Price Target 24.86 (+27.9%)
Earnings Date Jul 20, 2022

About NTGR

NETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. The company operates in two segments, Connected Home, and Small and Medium Business. It offers smart home/connected home/broadband access products, such as Wi-Fi routers and home Wi-Fi systems, broadband modems, Wi-Fi gateways, Wi-Fi hotspots, Wi-Fi range extenders, Powerline adapters and bridges, Wi-Fi network adapters, and digital canvasses; and value-added service offerings, including technical support, pa... [Read more...]

Industry Communications Equipment
Founded 1996
CEO Patrick Lo
Employees 766
Stock Exchange NASDAQ
Ticker Symbol NTGR
Full Company Profile

Financial Performance

In 2021, Netgear's revenue was $1.17 billion, a decrease of -6.94% compared to the previous year's $1.26 billion. Earnings were $49.39 million, a decrease of -15.28%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for NTGR stock is "Buy." The 12-month stock price forecast is 24.86, which is an increase of 27.88% from the latest price.

Price Target
$24.86
(27.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NETGEAR, Inc. (NTGR) Down 13.9% Since Last Earnings Report: Can It Rebound?

NETGEAR, Inc. (NTGR) reported earnings 30 days ago. What's next for the stock?

NETGEAR (NTGR) Reports Q1 Loss, Misses Revenue Estimates

NETGEAR (NTGR) reports dismal first-quarter 2022 results, with both earnings and revenues declining on a year-over-year basis.

NETGEAR, Inc. (NTGR) Reports Q1 Loss, Misses Revenue Estimates

NETGEAR, Inc. (NTGR) delivered earnings and revenue surprises of -380% and 6%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

NETGEAR® Reports First Quarter 2022 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 report...

NETGEAR Debuts New Hardware and Software Solutions to Enhance Its Award-winning Professional AV Switch Offering

LAS VEGAS--(BUSINESS WIRE)--(NAB, Booth N7310) – NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses of all sizes, today announced three new AV-over-IP produ...

Analysts Estimate NETGEAR, Inc. (NTGR) to Report a Decline in Earnings: What to Look Out for

NETGEAR, Inc. (NTGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NETGEAR (NTGR) Stock Tanks on Bleak Preliminary Q1 Sales Data

NETGEAR (NTGR) expects first-quarter revenues to be in the range of $202-$212 million compared with the earlier range of $225-$240 million.

NETGEAR Extends Managed Access Point Lineup With New Dual-band WiFi 6 Product

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses both large and small, today announced the latest addition to its manag...

NetGear Shares Slides Post Q1 Preliminary Results

NetGear, Inc. (NASDAQ: NTGR) reported first-quarter preliminary results. It plans to release the full results on April 27, 2022.

Netgear stock drops more than 10% amid sales slump, China COVID lockdowns

Netgear Inc. shares dropped more than 10% in the extended session Monday after the network equipment and router company cut its outlook citing a drop in consumer sales and supply-chain problems from COV...

NETGEAR® Provides Preliminary First Quarter Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR) today reported certain preliminary financial results for its first fiscal quarter ended April 3, 2022. NETGEAR will announce full results ...

Mobile Video Devices (MVD) Adds NETGEAR Pro AV Optimized Network Switches to Distribution Roster

Full-service distributor to combine purpose-built managed switches, complementary product lines, and extensive NDI® expertise into easy-to-deploy AV over IP solutions READING, Pa. and SAN JOSE, Calif.

Why Is NETGEAR, Inc. (NTGR) Down 3.6% Since Last Earnings Report?

NETGEAR, Inc. (NTGR) reported earnings 30 days ago. What's next for the stock?

NETGEAR Introduces Tri-band WiFi 6E Access Point Targeting Small and Medium Businesses

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses both large and small, today announced the availability of the first tr...

NETGEAR's (NTGR) Q4 Earnings Beat Estimates, Revenues Miss

Global supply chain woes and weakness in the CHP segment due to soft retail and service provider businesses as a result of the pandemic hurt NETGEAR's (NTGR) fourth-quarter 2021 results.

NETGEAR, Inc. (NTGR) Q4 Earnings Top Estimates

NETGEAR, Inc. (NTGR) delivered earnings and revenue surprises of 80% and 2.88%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

NETGEAR® Reports Fourth Quarter and Full Year 2021 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 report...

5 Strong Buy Stocks Near Their 52-Week Lows

Confused about why your stock is down in 2022 when it's a Zacks Strong Buy Stock? Tracey investigates.

Other symbols: BBDCTDTCHELE

Here's Why NETGEAR, Inc. (NTGR) Is a Great 'Buy the Bottom' Stock Now

NETGEAR, Inc. (NTGR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wa...

NETGEAR Schedules Fourth Quarter and Full Year 2021 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 annou...

NETGEAR (NTGR) Spurs Home Networking Via New Nighthawk Router

NETGEAR (NTGR) unveils Nighthawk RAXE300 Tri-band WiFi 6E router to upgrade home broadband services with adequate support for the latest Wi-Fi 6E devices.

NETGEAR (NTGR) Enhances Portfolio With Game Booster Launch

NETGEAR (NTGR) Game Booster is equipped with essential features for a superior gaming experience.

NETGEAR Introduces Award-Winning Business Products to Help Small and Medium Businesses and Home Offices Stay Connecte...

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR announces award-winning business products for SMBs and home offices.

New Year, New Heights: NETGEAR Builds On WiFi 6E Leadership With Latest Nighthawk WiFi 6E Tri-band Router

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR announces Nighthawk RAXE300 tri-band WiFi 6E Router and 2022 CES Innovation Award honorees.

NETGEAR Gives Gamers a Winning Edge With New Game Booster Service

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR Game Booster provides Orbi customers the tools to enhance network performance and minimize lag for the ultimate gaming experience.