NTGR Stock Analysis: NETGEAR | NASDAQ
Communication Equipment | NASDAQ, USA | Market Cap: 599m USD | 12M Return: -29.3% | US64111Q1040 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.31M
Qual. Beats: 0
Rev. Trend: -64.0%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NETGEAR, Inc. (NASDAQ: NTGR) is a U.S.-based networking equipment provider that designs and sells connectivity products for consumers, businesses, and service providers across the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company operates through two reportable segments: a Consumer business focused on home networking (Wi-Fi routers, mesh systems, modems, gateways, range extenders, and adapters) and an Enterprise/Pro AV business that delivers Ethernet switches, managed Wi-Fi access points, pro routers, and security solutions (including the Engage Controller, Insight Remote Management, and Exium Security platform).
NETGEAR employs a multi-channel go-to-market model, reaching end users through wholesale distributors, traditional and online retailers, direct market resellers, value-added resellers, managed service providers, broadband service providers, and its own direct online store. The company is classified within the GICS Information Technology sector under the Communications Equipment sub-industry, competing in the broader networking hardware space alongside other wired and wireless connectivity vendors serving both retail and enterprise channels.
The firm was incorporated in 1996 and is headquartered in San Jose, California, and has been publicly listed since its 2003 IPO.
- Consumer Wi-Fi router demand softens on weak home networking spend
- Pro AV enterprise segment drives margin expansion
- Aggressive TP-Link pricing pressures consumer gross margins
| Net Income: -40.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -16.10 > 1.0 |
| NWC/Revenue: 54.97% < 20% (prev 65.27%; Δ -10.30% < -1%) |
| CFO/TA 0.01 > 3% & CFO 5.25m > Net Income -40.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (27.0m) vs 12m ago -6.47% < -2% |
| Gross Margin: 38.18% > 18% (prev 33.84%; Δ 4.34% > 0.5%) |
| Asset Turnover: 86.44% > 50% (prev 86.85%; Δ -0.41% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.48 (Total Current Assets 633.7m - Total Current Liabilities 255.4m) / Total Assets 788.7m |
| B: -0.76 (Retained Earnings -600.9m / Total Assets 788.7m) |
| C: -0.03 (EBIT TTM -26.0m / Avg Total Assets 796.1m) |
| D: 1.37 (Book Value of Equity 456.4m / Total Liabilities 332.3m) |
| Altman-Z'' = 1.89 = BBB |
| DSRI: 1.08 (Receivables 154.0m/144.9m, Revenue 688.1m/697.9m) |
| GMI: 0.89 (GM 33.84% / 38.18%) |
| AQI: 1.46 (AQ_t 0.12 / AQ_t-1 0.08) |
| SGI: 0.99 (Revenue 688.1m / 697.9m) |
| TATA: -0.06 (NI -40.7m - CFO 5.25m) / TA 788.7m) |
| Beneish M = -2.81 (Cap -4..+1) = A |
As of October 22, 2026, the stock is trading at USD 22.76 with a total of 362,892 shares traded. Over the past week, the price has changed by +2.61%, over one month by +2.43%, over three months by -6.09% and over the past year by -29.27%.
Current recommended Stop Loss: 21.40 (which is 6% or 1.7 ATR below the current price).
NETGEAR has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy NTGR.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33 | 45% |
P/E Forward = 222.2222
P/S = 0.863
P/B = 1.3252
P/EG = 0.7386
Revenue TTM = 688.1m USD
EBIT TTM = -26.0m USD
EBITDA TTM = -14.1m USD
Long Term Debt = 35.5m USD (estimated: total debt 45.8m - short term 10.3m)
Short Term Debt = 10.3m USD (from shortTermDebt, last quarter)
Debt = 45.8m USD (from shortLongTermDebtTotal, last quarter) (leases 45.8m already included)
Net Debt = -222.1m USD (calculated: Debt 45.8m - CCE 267.9m)
Enterprise Value = 377.2m USD (599.3m + Debt 45.8m - CCE 267.9m)
Interest Coverage Ratio = unknown (Ebit TTM -26.0m / Interest Expense TTM 0.0)
EV/FCF = -19.41x (Enterprise Value 377.2m / FCF TTM -19.4m)
FCF Yield = -5.15% (FCF TTM -19.4m / Enterprise Value 377.2m)
FCF Margin = -2.82% (FCF TTM -19.4m / Revenue TTM 688.1m)
Net Margin = -5.91% (Net Income TTM -40.7m / Revenue TTM 688.1m)
Gross Margin = 38.18% ((Revenue TTM 688.1m - Cost of Revenue TTM 425.4m) / Revenue TTM)
Gross Margin QoQ = 40.21% (prev 40.49%)
Tobins Q-Ratio = 0.48 (Enterprise Value 377.2m / Total Assets 788.7m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 45.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -20.5m (EBIT -26.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.48 (Total Current Assets 633.7m / Total Current Liabilities 255.4m)
Debt / Equity = 0.10 (Debt 45.8m / totalStockholderEquity, last quarter 456.4m)
Debt / EBITDA = 15.79 (negative EBITDA) (Net Debt -222.1m / EBITDA -14.1m)
Debt / FCF = 11.43 (negative FCF - burning cash) (Net Debt -222.1m / FCF TTM -19.4m)
Total Stockholder Equity = 483.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.11% (Net Income -40.7m / Total Assets 788.7m)
RoE = -8.42% (Net Income TTM -40.7m / Total Stockholder Equity 483.1m)
RoCE = -5.01% (EBIT -26.0m / Capital Employed (Equity 483.1m + L.T.Debt 35.5m))
RoIC = -4.03% (negative operating profit) (NOPAT -20.5m / Invested Capital 509.2m)
WACC = 9.36% (E(599.3m)/V(645.1m) * Re(10.08%) + D(45.8m)/V(645.1m) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.00 | Cagr: -3.64%
[DCF] Fair Price = unknown (Cash Flow -19.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.22 | # QB: 0
Revenue Correlation: -63.95 | Revenue CAGR: -3.45% | SUE: 1.92 | # QB: 1
EPS current Quarter (2026-09-30): EPS=-0.05 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=0.28 | Chg30d=+0.00% | Revisions=-40% | GrowthEPS=-35.2% | GrowthRev=-3.0%
EPS next Year (2027-12-31): EPS=0.54 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+88.3% | GrowthRev=+6.3%
[Analyst] Revisions Ratio: -38% (up=1, down=4)