(NTGR) NETGEAR - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US64111Q1040

Stock: Routers, Modems, Switches, Extenders, Cameras

Total Rating 23
Risk 57
Buy Signal -0.49
Risk 5d forecast
Volatility 49.0%
Relative Tail Risk -20.1%
Reward TTM
Sharpe Ratio -0.36
Alpha -44.76
Character TTM
Beta 1.783
Beta Downside 1.923
Drawdowns 3y
Max DD 44.82%
CAGR/Max DD 0.11

EPS (Earnings per Share)

EPS (Earnings per Share) of NTGR over the last years for every Quarter: "2020-12": 0.99, "2021-03": 0.99, "2021-06": 0.66, "2021-09": 0.5, "2021-12": 0.27, "2022-03": -0.28, "2022-06": -0.19, "2022-09": 0.21, "2022-12": -0.03, "2023-03": -0.19, "2023-06": -0.16, "2023-09": 0.23, "2023-12": 0.09, "2024-03": -0.28, "2024-06": -0.74, "2024-09": 0.17, "2024-12": -0.06, "2025-03": 0.02, "2025-06": 0.06, "2025-09": 0.12, "2025-12": 0.26,

Revenue

Revenue of NTGR over the last years for every Quarter: 2020-12: 367.073, 2021-03: 317.925, 2021-06: 308.811, 2021-09: 290.15, 2021-12: 251.187, 2022-03: 210.558, 2022-06: 223.224, 2022-09: 249.587, 2022-12: 249.103, 2023-03: 180.908, 2023-06: 173.413, 2023-09: 197.845, 2023-12: 188.674, 2024-03: 164.586, 2024-06: 143.9, 2024-09: 182.854, 2024-12: 182.419, 2025-03: 162.06, 2025-06: 170.532, 2025-09: 184.561, 2025-12: 176.2,

Description: NTGR NETGEAR January 26, 2026

Netgear, Inc. (NASDAQ:NTGR) designs and sells connectivity hardware and services across three geographic regions. It operates two primary segments: Connected Home, which includes Wi-Fi routers, mesh systems, hotspots, modems, adapters and value-added services such as security and parental controls; and Netgear for Business, which offers professional-grade routers, cloud-managed access points, Ethernet switches, the Insight remote-management platform, and AV solutions for managed service providers. Products reach customers through wholesale distributors, retail channels, value-added resellers, broadband providers and Netgear’s own online store.

In the most recent fiscal quarter (Q2 FY 2025, released August 2025), Netgear posted revenue of **$470 million**, a **3 % year-over-year increase** driven primarily by a **9 % YoY rise** in the Business segment, while the Connected Home segment remained flat amid a competitive consumer market. Adjusted EBITDA margin improved to **7.5 %**, up from 6.2 % a year earlier, reflecting cost-discipline and higher-margin cloud-service revenue. Key sector drivers include continued global broadband expansion (global broadband penetration projected to reach 78 % by 2027), the surge in smart-home device adoption (estimated 30 % CAGR through 2028), and enterprise demand for secure, cloud-managed networking solutions as remote-work policies solidify.

For a deeper quantitative comparison of Netgear’s valuation metrics, you might explore the ValueRay platform.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: -32.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -20.59 > 1.0
NWC/Revenue: 61.02% < 20% (prev 72.42%; Δ -11.40% < -1%)
CFO/TA 0.00 > 3% & CFO 1.61m > Net Income -32.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.69 > 1.5 & < 3
Outstanding Shares: last quarter (28.9m) vs 12m ago 0.84% < -2%
Gross Margin: 36.19% > 18% (prev 0.29%; Δ 3590 % > 0.5%)
Asset Turnover: 82.22% > 50% (prev 79.24%; Δ 2.98% > 0%)
Interest Coverage Ratio: -2.94 > 6 (EBITDA TTM -17.5m / Interest Expense TTM -9.01m)

Altman Z'' -0.66

A: 0.51 (Total Current Assets 673.3m - Total Current Liabilities 250.2m) / Total Assets 836.3m
B: -0.64 (Retained Earnings -538.9m / Total Assets 836.3m)
C: -0.03 (EBIT TTM -26.4m / Avg Total Assets 843.3m)
D: -1.59 (Book Value of Equity -538.7m / Total Liabilities 338.4m)
Altman-Z'' Score: -0.66 = B

Beneish M -2.77

DSRI: 0.88 (Receivables 142.0m/156.2m, Revenue 693.4m/673.8m)
GMI: 0.80 (GM 36.19% / 29.08%)
AQI: 1.93 (AQ_t 0.12 / AQ_t-1 0.06)
SGI: 1.03 (Revenue 693.4m / 673.8m)
TATA: -0.04 (NI -32.8m - CFO 1.61m) / TA 836.3m)
Beneish M-Score: -2.77 (Cap -4..+1) = A

What is the price of NTGR shares?

As of February 23, 2026, the stock is trading at USD 20.87 with a total of 339,744 shares traded.
Over the past week, the price has changed by -1.83%, over one month by -3.47%, over three months by -17.77% and over the past year by -18.86%.

Is NTGR a buy, sell or hold?

NETGEAR has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NTGR.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NTGR price?

Issuer Target Up/Down from current
Wallstreet Target Price 36.7 75.7%
Analysts Target Price 36.7 75.7%

NTGR Fundamental Data Overview February 20, 2026

P/E Forward = 104.1667
P/S = 0.8404
P/B = 1.2523
P/EG = 2.84
Revenue TTM = 693.4m USD
EBIT TTM = -26.4m USD
EBITDA TTM = -17.5m USD
Long Term Debt = 50.9m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 7.18m USD (from shortTermDebt, two quarters ago)
Debt = 41.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -168.9m USD (from netDebt column, last quarter)
Enterprise Value = 305.9m USD (587.9m + Debt 41.0m - CCE 323.0m)
Interest Coverage Ratio = -2.94 (Ebit TTM -26.4m / Interest Expense TTM -9.01m)
EV/FCF = -16.18x (Enterprise Value 305.9m / FCF TTM -18.9m)
FCF Yield = -6.18% (FCF TTM -18.9m / Enterprise Value 305.9m)
FCF Margin = -2.73% (FCF TTM -18.9m / Revenue TTM 693.4m)
Net Margin = -4.74% (Net Income TTM -32.8m / Revenue TTM 693.4m)
Gross Margin = 36.19% ((Revenue TTM 693.4m - Cost of Revenue TTM 442.4m) / Revenue TTM)
Gross Margin QoQ = 33.14% (prev 39.15%)
Tobins Q-Ratio = 0.37 (Enterprise Value 305.9m / Total Assets 836.3m)
Interest Expense / Debt = 3.43% (Interest Expense 1.41m / Debt 41.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -20.9m (EBIT -26.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.69 (Total Current Assets 673.3m / Total Current Liabilities 250.2m)
Debt / Equity = 0.08 (Debt 41.0m / totalStockholderEquity, last quarter 497.8m)
Debt / EBITDA = 9.63 (negative EBITDA) (Net Debt -168.9m / EBITDA -17.5m)
Debt / FCF = 8.93 (negative FCF - burning cash) (Net Debt -168.9m / FCF TTM -18.9m)
Total Stockholder Equity = 515.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.89% (Net Income -32.8m / Total Assets 836.3m)
RoE = -6.37% (Net Income TTM -32.8m / Total Stockholder Equity 515.5m)
RoCE = -4.67% (EBIT -26.4m / Capital Employed (Equity 515.5m + L.T.Debt 50.9m))
RoIC = -4.05% (negative operating profit) (NOPAT -20.9m / Invested Capital 515.5m)
WACC = 10.73% (E(587.9m)/V(629.0m) * Re(11.29%) + D(41.0m)/V(629.0m) * Rd(3.43%) * (1-Tc(0.21)))
Discount Rate = 11.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.25%
Fair Price DCF = unknown (Cash Flow -18.9m)
EPS Correlation: 29.22 | EPS CAGR: 22.34% | SUE: 2.01 | # QB: 6
Revenue Correlation: -64.76 | Revenue CAGR: -4.64% | SUE: -0.23 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.07 | Chg30d=-0.065 | Revisions Net=-2 | Analysts=2
EPS current Year (2026-12-31): EPS=0.12 | Chg30d=-0.135 | Revisions Net=-2 | Growth EPS=-73.9% | Growth Revenue=-1.5%
EPS next Year (2027-12-31): EPS=0.59 | Chg30d=+0.032 | Revisions Net=-1 | Growth EPS=+410.1% | Growth Revenue=+8.6%

Additional Sources for NTGR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle