(NEGG) Newegg Commerce - Overview
Stock: Electronics, Components, Peripherals, Software, Appliances
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 140% |
| Relative Tail Risk | -17.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.75 |
| Alpha | 490.25 |
| Character TTM | |
|---|---|
| Beta | 1.295 |
| Beta Downside | 2.143 |
| Drawdowns 3y | |
|---|---|
| Max DD | 90.28% |
| CAGR/Max DD | 0.20 |
Description: NEGG Newegg Commerce December 29, 2025
Newegg Commerce, Inc. (NASDAQ: NEGG) is an electronics-focused e-retailer operating B2C platforms (Newegg.com, Newegg.ca, Newegg Global and mobile apps) and a B2B marketplace (NeweggBusiness.com) across the United States, Canada, and select international markets. Its product catalogue spans consumer-grade and enthusiast-grade hardware-including desktops, laptops, gaming laptops, CPUs, GPUs, motherboards, storage, peripherals, VR gear, consoles, networking equipment, home appliances, and TVs-as well as software and digital games, sold under marquee brands such as Asus, MSI, HP, Lenovo, Microsoft, Samsung, Intel, AMD, and Sony.
Beyond retail, Newegg monetizes its logistics network through “Shipped by Newegg,” offering warehousing, inventory management, order fulfillment, and staffing services to third-party sellers. In FY 2023 the company reported net revenue of roughly $2.2 billion, with a gross margin of ~23% and a year-over-year growth rate of 12% driven largely by the gaming-PC segment, which benefited from sustained demand for high-performance components amid a broader PC-upgrade cycle. Key macro drivers include the rebound in discretionary consumer spending, continued supply-chain normalization after pandemic disruptions, and the expansion of e-commerce penetration in North America, all of which underpin Newegg’s ability to capture higher average order values and repeat-purchase rates.
For a deeper dive into NEGG’s valuation metrics, competitive positioning, and scenario-based forecasts, you may find ValueRay’s analyst toolkit useful as a next step in your research.
Piotroski VR‑10 (Strict, 0-10) 0.5
| Net Income: -25.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.14 > 0.02 and ΔFCF/TA -10.25 > 1.0 |
| NWC/Revenue: 3.99% < 20% (prev 2.84%; Δ 1.15% < -1%) |
| CFO/TA -0.14 > 3% & CFO -50.4m > Net Income -25.8m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.5m) vs 12m ago 0.53% < -2% |
| Gross Margin: 11.08% > 18% (prev 0.11%; Δ 1097 % > 0.5%) |
| Asset Turnover: 349.7% > 50% (prev 381.7%; Δ -31.97% > 0%) |
| Interest Coverage Ratio: -34.99 > 6 (EBITDA TTM -23.5m / Interest Expense TTM 952.0k) |
Altman Z'' -1.93
| A: 0.14 (Total Current Assets 259.8m - Total Current Liabilities 207.4m) / Total Assets 372.7m |
| B: -0.48 (Retained Earnings -178.2m / Total Assets 372.7m) |
| C: -0.09 (EBIT TTM -33.3m / Avg Total Assets 375.6m) |
| D: -0.66 (Book Value of Equity -171.3m / Total Liabilities 258.6m) |
| Altman-Z'' Score: -1.93 = D |
Beneish M -3.12
| DSRI: 0.93 (Receivables 31.1m/36.6m, Revenue 1.31b/1.44b) |
| GMI: 0.99 (GM 11.08% / 10.97%) |
| AQI: 0.94 (AQ_t 0.03 / AQ_t-1 0.03) |
| SGI: 0.91 (Revenue 1.31b / 1.44b) |
| TATA: 0.07 (NI -25.8m - CFO -50.4m) / TA 372.7m) |
| Beneish M-Score: -3.12 (Cap -4..+1) = AA |
What is the price of NEGG shares?
Over the past week, the price has changed by +5.86%, over one month by -1.32%, over three months by -38.43% and over the past year by +482.22%.
Is NEGG a buy, sell or hold?
What are the forecasts/targets for the NEGG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 3 | -94.3% |
| Analysts Target Price | 3 | -94.3% |
| ValueRay Target Price | 51.2 | -2.3% |
NEGG Fundamental Data Overview February 02, 2026
P/B = 9.0958
Revenue TTM = 1.31b USD
EBIT TTM = -33.3m USD
EBITDA TTM = -23.5m USD
Long Term Debt = 59.7m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 28.6m USD (from shortTermDebt, last quarter)
Debt = 75.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.4m USD (from netDebt column, last quarter)
Enterprise Value = 1.66b USD (1.64b + Debt 75.5m - CCE 59.1m)
Interest Coverage Ratio = -34.99 (Ebit TTM -33.3m / Interest Expense TTM 952.0k)
EV/FCF = -31.07x (Enterprise Value 1.66b / FCF TTM -53.4m)
FCF Yield = -3.22% (FCF TTM -53.4m / Enterprise Value 1.66b)
FCF Margin = -4.07% (FCF TTM -53.4m / Revenue TTM 1.31b)
Net Margin = -1.97% (Net Income TTM -25.8m / Revenue TTM 1.31b)
Gross Margin = 11.08% ((Revenue TTM 1.31b - Cost of Revenue TTM 1.17b) / Revenue TTM)
Gross Margin QoQ = 11.47% (prev 11.47%)
Tobins Q-Ratio = 4.45 (Enterprise Value 1.66b / Total Assets 372.7m)
Interest Expense / Debt = 1.26% (Interest Expense 952.0k / Debt 75.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -26.3m (EBIT -33.3m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.25 (Total Current Assets 259.8m / Total Current Liabilities 207.4m)
Debt / Equity = 0.66 (Debt 75.5m / totalStockholderEquity, last quarter 114.1m)
Debt / EBITDA = -0.70 (negative EBITDA) (Net Debt 16.4m / EBITDA -23.5m)
Debt / FCF = -0.31 (negative FCF - burning cash) (Net Debt 16.4m / FCF TTM -53.4m)
Total Stockholder Equity = 110.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.88% (Net Income -25.8m / Total Assets 372.7m)
RoE = -23.47% (Net Income TTM -25.8m / Total Stockholder Equity 110.1m)
RoCE = -19.62% (EBIT -33.3m / Capital Employed (Equity 110.1m + L.T.Debt 59.7m))
RoIC = -21.66% (negative operating profit) (NOPAT -26.3m / Invested Capital 121.5m)
WACC = 10.26% (E(1.64b)/V(1.72b) * Re(10.69%) + D(75.5m)/V(1.72b) * Rd(1.26%) * (1-Tc(0.21)))
Discount Rate = 10.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.25%
Fair Price DCF = unknown (Cash Flow -53.4m)
EPS Correlation: -29.52 | EPS CAGR: -4.80% | SUE: -2.49 | # QB: 0
Revenue Correlation: -73.79 | Revenue CAGR: -11.85% | SUE: -0.62 | # QB: 0