NTGR · NASDAQ · Communication Equipment

NETGEAR (NTGR)

Builds business networking, Pro AV, security, and consumer WiFi products.

$22.17
vs last close−0.05 (−0.23%)
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NETGEAR, Inc.NTGR
Information Technology

Sells networking hardware, software, and services across Enterprise and Consumer lines, spanning Pro AV switches, security offerings, mesh WiFi, routers, and mobile connectivity. The business skews toward the Americas and depends on channel partners, outsourced manufacturing, and fast networking technology transitions.

Builds networking hardware, software, and services for businesses, homes, and service providers. Enterprise covers SME networking, Pro AV managed switches, wireless LAN, cloud-managed tools, firewall, and SASE offerings; Consumer covers mesh WiFi, routers, mobile hotspots, and support or security subscriptions.

Sales are largest in the Americas, with additional reach through EMEA and APAC. Products move through distributors, retailers, direct market resellers, managed service providers, broadband providers, and the direct online store.

Execution depends on balancing Enterprise and Consumer after the recent segment reset, keeping pace with WiFi, AV-over-Ethernet, mobile, and security shifts, and managing outsourced manufacturing plus concentrated channels.

Company facts

CEOCharles (CJ) Prober
ListedJul 31, 2003
ExchangeNASDAQ
HeadquartersSan Jose, CA
CountryUnited States
Employees784
CIK0001122904
ISINUS64111Q1040

Market cap$596.4M
EPS (ttm)−$1.45
P/E (ttm)−15.32
ROE-8.4%
P/B1.31
P/S0.8667
Dividend yieldDiv yield
Beta1.38vs XLK 0.72

Price target$35.50+59.8%Average of 17 analysts
ConsensusHold12 of 17 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Feb 5, 2026Stifel NicolausTarget
Target: $40
Target: $36
Oct 17, 2025Stifel NicolausTarget
Target:
Target: $40
Oct 1, 2025Seaport GlobalTarget
Target:
Target: $40

Next report
Oct 28, 26
in 36 days
EPS estimate
−$0.03
Revenue estimate
$170.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Aug '26Oct '26
Reported−$0.06$0.02$0.06$0.12$0.26$0.06$0.16Pending
Estimate−$0.24−$0.35−$0.16−$0.09$0.05−$0.08$0.01−$0.03
Surprise+75.0%+105.7%+137.5%+233.3%+420.0%+175.0%+1,100.3%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Aug '26Oct '26
Reported$182.4M$162.1M$170.5M$184.6M$182.5M$158.8M$168.6MPending
Estimate$167.5M$152.2M$177.2M$177.3M$177.3M$152.5M$157.8M$170.0M
Surprise+8.9%+6.4%−3.8%+4.1%+2.9%+4.2%+6.8%
Estimate−$0.03
ReportedDue Oct 28, 2026
Estimate$170.0M
ReportedDue Oct 28, 2026
View details

Debt to equity10.00%
Current ratio248.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$182.9M$182.4M$162.1M$170.5M$184.6M$176.2M$158.8M$168.6M
Net income$85.1M−$8.9M−$6.0M−$6.4M−$4.8M−$15.6M−$13.0M−$7.3M
Net margin46.5%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$95.8M−$15.1M−$12.8M−$9.5M−$7.1M−$5.7M−$8.0M−$8.4M
YoY growthTurned profitLoss widenedLoss narrowedLoss narrowedTurned lossLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 28, 2026Cash & short-term investments $267.9M · Total debt $45.8M · Total assets $788.7M · Shareholders' equity $456.4M

Revenue
$168.6M
Operating income
−$8.4M
Net income
−$7.3M
View details

No dividends on record.

Institutions96.89%26.33M shares
197 holders · as of Jun 30, 2026
Insiders4.65%1.26M shares
13 holders · as of Aug 6, 2026
Adds to101.54%

27.18M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 101.54%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
13.05%3.55Mas of Jun 30, 2026
Brandes Investment Partners, LPInstitution
6.50%1.77Mas of Jun 30, 2026
LSV Asset ManagementInstitution
6.34%1.72Mfiled Feb 6, 2017
Windward Management LPInstitution
5.04%1.37Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
4.84%1.31Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 31, 2026Pramod Badjateofficer: President & GM, NFB−3,000$23.88
May 1, 2026Pramod Badjateofficer: President & GM, NFB−3,000$25.47
Feb 2, 2026Pramod Badjateofficer: President & GM, NFB−3,000$20.97
Nov 19, 2025Pramod Badjateofficer: President & GM, NFB−4,000$24.60
Nov 3, 2025Graeme McLindinofficer: VP, Mobile−1,205$34.26
View details

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Compare

CompanyPriceChange
NETGEAR$22.17−0.23%$596.4M126.70.9−1.2%
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Median49.326.68.9+24.6%