(NTGR) NETGEAR - Overview

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

Stock: Routers, Modems, Switches, Extenders, Cameras

Total Rating 26
Risk 60
Buy Signal -1.75

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,

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: null,
Risk 5d forecast
Volatility 50.3%
Relative Tail Risk -18.9%
Reward TTM
Sharpe Ratio -0.54
Alpha -48.12
Character TTM
Beta 1.461
Beta Downside 1.427
Drawdowns 3y
Max DD 46.38%
CAGR/Max DD 0.02

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) 4.0

Net Income: -26.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -23.80 > 1.0
NWC/Revenue: 63.29% < 20% (prev 73.23%; Δ -9.94% < -1%)
CFO/TA 0.00 > 3% & CFO 3.58m > Net Income -26.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.85 > 1.5 & < 3
Outstanding Shares: last quarter (28.8m) vs 12m ago -2.07% < -2%
Gross Margin: 36.01% > 18% (prev 0.30%; Δ 3572 % > 0.5%)
Asset Turnover: 83.61% > 50% (prev 78.83%; Δ 4.78% > 0%)
Interest Coverage Ratio: -5.41 > 6 (EBITDA TTM -24.7m / Interest Expense TTM -5.83m)

Altman Z'' -0.57

A: 0.55 (Total Current Assets 681.9m - Total Current Liabilities 239.2m) / Total Assets 810.8m
B: -0.64 (Retained Earnings -521.1m / Total Assets 810.8m)
C: -0.04 (EBIT TTM -31.5m / Avg Total Assets 836.7m)
D: -1.71 (Book Value of Equity -521.0m / Total Liabilities 304.0m)
Altman-Z'' Score: -0.57 = B

Beneish M -3.08

DSRI: 0.88 (Receivables 159.9m/177.3m, Revenue 699.6m/680.0m)
GMI: 0.83 (GM 36.01% / 29.73%)
AQI: 1.37 (AQ_t 0.08 / AQ_t-1 0.06)
SGI: 1.03 (Revenue 699.6m / 680.0m)
TATA: -0.04 (NI -26.1m - CFO 3.58m) / TA 810.8m)
Beneish M-Score: -3.08 (Cap -4..+1) = AA

What is the price of NTGR shares?

As of February 07, 2026, the stock is trading at USD 19.87 with a total of 1,460,144 shares traded.
Over the past week, the price has changed by -4.84%, over one month by -18.77%, over three months by -32.18% and over the past year by -29.41%.

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 39 96.3%
Analysts Target Price 39 96.3%
ValueRay Target Price 19.8 -0.6%

NTGR Fundamental Data Overview February 03, 2026

P/E Forward = 99.0099
P/S = 0.8671
P/B = 1.1701
P/EG = 2.84
Revenue TTM = 699.6m USD
EBIT TTM = -31.5m USD
EBITDA TTM = -24.7m USD
Long Term Debt = 46.6m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 10.8m USD (from shortTermDebt, last fiscal year)
Debt = 43.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -160.5m USD (from netDebt column, last quarter)
Enterprise Value = 323.2m USD (606.6m + Debt 43.0m - CCE 326.4m)
Interest Coverage Ratio = -5.41 (Ebit TTM -31.5m / Interest Expense TTM -5.83m)
EV/FCF = -23.86x (Enterprise Value 323.2m / FCF TTM -13.5m)
FCF Yield = -4.19% (FCF TTM -13.5m / Enterprise Value 323.2m)
FCF Margin = -1.94% (FCF TTM -13.5m / Revenue TTM 699.6m)
Net Margin = -3.73% (Net Income TTM -26.1m / Revenue TTM 699.6m)
Gross Margin = 36.01% ((Revenue TTM 699.6m - Cost of Revenue TTM 447.6m) / Revenue TTM)
Gross Margin QoQ = 39.15% (prev 37.52%)
Tobins Q-Ratio = 0.40 (Enterprise Value 323.2m / Total Assets 810.8m)
Interest Expense / Debt = 3.27% (Interest Expense 1.41m / Debt 43.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -24.9m (EBIT -31.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.85 (Total Current Assets 681.9m / Total Current Liabilities 239.2m)
Debt / Equity = 0.08 (Debt 43.0m / totalStockholderEquity, last quarter 506.8m)
Debt / EBITDA = 6.51 (negative EBITDA) (Net Debt -160.5m / EBITDA -24.7m)
Debt / FCF = 11.85 (negative FCF - burning cash) (Net Debt -160.5m / FCF TTM -13.5m)
Total Stockholder Equity = 526.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.12% (Net Income -26.1m / Total Assets 810.8m)
RoE = -4.96% (Net Income TTM -26.1m / Total Stockholder Equity 526.3m)
RoCE = -5.50% (EBIT -31.5m / Capital Employed (Equity 526.3m + L.T.Debt 46.6m))
RoIC = -4.73% (negative operating profit) (NOPAT -24.9m / Invested Capital 526.3m)
WACC = 10.72% (E(606.6m)/V(649.6m) * Re(11.30%) + D(43.0m)/V(649.6m) * Rd(3.27%) * (1-Tc(0.21)))
Discount Rate = 11.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.47%
Fair Price DCF = unknown (Cash Flow -13.5m)
EPS Correlation: 19.26 | EPS CAGR: 13.12% | SUE: -0.08 | # QB: 0
Revenue Correlation: -72.56 | Revenue CAGR: -7.89% | SUE: 2.46 | # QB: 6
EPS next Quarter (2026-03-31): EPS=-0.01 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=3
EPS next Year (2026-12-31): EPS=0.25 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+7.1% | Growth Revenue=+2.7%

Additional Sources for NTGR Stock

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