Zacks Research Issues Positive Forecast for NETGEAR Earnings

NETGEAR, Inc. (NASDAQ:NTGRFree Report) – Equities researchers at Zacks Research raised their Q2 2026 EPS estimates for shares of NETGEAR in a research note issued to investors on Wednesday, March 11th. Zacks Research analyst Team now forecasts that the communications equipment provider will earn ($0.25) per share for the quarter, up from their previous forecast of ($0.27). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for NETGEAR’s current full-year earnings is ($1.84) per share. Zacks Research also issued estimates for NETGEAR’s Q4 2027 earnings at ($0.05) EPS and FY2028 earnings at ($0.63) EPS.

A number of other equities research analysts also recently issued reports on NTGR. Weiss Ratings reissued a “sell (d)” rating on shares of NETGEAR in a research report on Monday, December 29th. Stifel Nicolaus set a $36.00 target price on NETGEAR in a report on Thursday, February 5th. Finally, Wall Street Zen downgraded NETGEAR from a “hold” rating to a “sell” rating in a research report on Sunday, March 1st. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NETGEAR has an average rating of “Hold” and an average price target of $36.00.

Check Out Our Latest Analysis on NETGEAR

NETGEAR Trading Down 0.8%

NTGR opened at $21.18 on Friday. NETGEAR has a 1-year low of $18.75 and a 1-year high of $36.86. The company has a market capitalization of $595.37 million, a PE ratio of -34.16 and a beta of 1.16. The firm’s 50 day simple moving average is $21.52 and its two-hundred day simple moving average is $26.11.

NETGEAR (NASDAQ:NTGRGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.21. The company had revenue of $182.47 million for the quarter, compared to the consensus estimate of $177.26 million. NETGEAR had a negative net margin of 2.56% and a negative return on equity of 2.40%. The firm’s revenue was up .0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.06) earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NTGR. Allianz Asset Management GmbH boosted its stake in shares of NETGEAR by 169.0% in the third quarter. Allianz Asset Management GmbH now owns 109,322 shares of the communications equipment provider’s stock worth $3,541,000 after acquiring an additional 68,683 shares during the period. Leuthold Group LLC bought a new stake in NETGEAR during the 3rd quarter valued at approximately $3,309,000. Russell Investments Group Ltd. raised its stake in NETGEAR by 77.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 122,703 shares of the communications equipment provider’s stock valued at $3,538,000 after purchasing an additional 53,370 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in NETGEAR by 10.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 690,981 shares of the communications equipment provider’s stock worth $20,087,000 after purchasing an additional 63,398 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new position in NETGEAR in the 2nd quarter worth approximately $1,744,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Insider Buying and Selling at NETGEAR

In other news, insider Pramod Badjate sold 3,000 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $20.97, for a total value of $62,910.00. Following the completion of the sale, the insider directly owned 144,586 shares of the company’s stock, valued at $3,031,968.42. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.30% of the stock is currently owned by insiders.

NETGEAR Company Profile

(Get Free Report)

NETGEAR, Inc (NASDAQ: NTGR) is a global provider of networking solutions for consumer, business and service provider markets. The company designs, develops and markets a comprehensive portfolio of products that enable high-speed connectivity, data storage and network security for homes, small to medium-sized businesses and large enterprises.

Its product lineup includes Wi-Fi routers, mesh networking systems, cable modems, mobile broadband gateways and Ethernet switches—offered in both managed and unmanaged configurations.

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Earnings History and Estimates for NETGEAR (NASDAQ:NTGR)

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