Zacks Research Has Positive Estimate for NETGEAR Q2 Earnings

NETGEAR, Inc. (NASDAQ:NTGRFree Report) – Analysts at Zacks Research increased their Q2 2026 earnings estimates for shares of NETGEAR in a research report issued on Wednesday, March 11th. Zacks Research analyst Team now expects that the communications equipment provider will earn ($0.25) per share for the quarter, up from their previous estimate of ($0.27). Zacks Research 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.

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

Other equities analysts have also issued reports about the stock. Stifel Nicolaus set a $36.00 price objective on shares of NETGEAR in a report on Thursday, February 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of NETGEAR in a research note on Monday, December 29th. Finally, Wall Street Zen lowered NETGEAR from a “hold” rating to a “sell” rating in a 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 given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $36.00.

Read Our Latest Analysis on NTGR

NETGEAR Stock Down 0.8%

NASDAQ:NTGR opened at $21.18 on Friday. The company’s 50 day moving average price is $21.52 and its 200-day moving average price is $26.11. NETGEAR has a 52 week low of $18.75 and a 52 week high of $36.86. The stock has a market cap of $595.37 million, a price-to-earnings ratio of -34.16 and a beta of 1.16.

Insider Buying and Selling at NETGEAR

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

Institutional Investors Weigh In On NETGEAR

A number of large investors have recently added to or reduced their stakes in the stock. Johnson Financial Group Inc. bought a new position in shares of NETGEAR during the 4th quarter valued at $25,000. Comerica Bank grew its holdings in shares of NETGEAR by 64.8% in the third quarter. Comerica Bank now owns 1,091 shares of the communications equipment provider’s stock worth $35,000 after acquiring an additional 429 shares during the period. Rexford Capital Inc. bought a new stake in shares of NETGEAR in the second quarter worth $58,000. IFP Advisors Inc increased its position in NETGEAR by 161.7% during the fourth quarter. IFP Advisors Inc now owns 2,243 shares of the communications equipment provider’s stock valued at $55,000 after acquiring an additional 1,386 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in NETGEAR by 44.7% during the third quarter. Jones Financial Companies Lllp now owns 2,323 shares of the communications equipment provider’s stock valued at $75,000 after acquiring an additional 718 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

About NETGEAR

(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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