Research Analysts Set Expectations for NETGEAR Q4 Earnings

NETGEAR, Inc. (NASDAQ:NTGR) – Zacks Research cut their Q4 2024 EPS estimates for NETGEAR in a research note issued to investors on Tuesday, November 19th. Zacks Research analyst V. Doshi now expects that the communications equipment provider will post earnings of ($0.45) per share for the quarter, down from their previous forecast of ($0.41). The consensus estimate for NETGEAR’s current full-year earnings is ($1.97) per share. Zacks Research also issued estimates for NETGEAR’s Q1 2025 earnings at ($0.48) EPS, Q2 2025 earnings at ($0.48) EPS, Q3 2025 earnings at ($0.38) EPS, Q4 2025 earnings at ($0.48) EPS, FY2025 earnings at ($1.83) EPS, Q1 2026 earnings at ($0.40) EPS, Q2 2026 earnings at ($0.43) EPS, Q3 2026 earnings at ($0.46) EPS and FY2026 earnings at ($1.74) EPS.

Separately, StockNews.com raised shares of NETGEAR from a “hold” rating to a “buy” rating in a report on Friday, November 1st.

NETGEAR Stock Performance

NASDAQ NTGR opened at $24.30 on Friday. NETGEAR has a one year low of $10.48 and a one year high of $25.06. The company has a 50-day simple moving average of $21.58 and a 200-day simple moving average of $17.20. The firm has a market capitalization of $699.11 million, a PE ratio of 37.38 and a beta of 0.83.

Institutional Investors Weigh In On NETGEAR

Hedge funds have recently made changes to their positions in the business. Quarry LP grew its holdings in NETGEAR by 66.5% in the 3rd quarter. Quarry LP now owns 1,856 shares of the communications equipment provider’s stock worth $37,000 after buying an additional 741 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in NETGEAR during the 3rd quarter valued at $91,000. Values First Advisors Inc. acquired a new position in NETGEAR during the 3rd quarter worth $144,000. State Board of Administration of Florida Retirement System bought a new position in shares of NETGEAR in the first quarter worth $176,000. Finally, Creative Planning acquired a new position in shares of NETGEAR during the third quarter valued at $235,000. Institutional investors own 82.97% of the company’s stock.

Insider Activity at NETGEAR

In other NETGEAR news, Director Thomas H. Waechter sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $20.00, for a total transaction of $50,000.00. Following the completion of the transaction, the director now directly owns 65,318 shares of the company’s stock, valued at $1,306,360. The trade was a 3.69 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 7.00% of the company’s stock.

About NETGEAR

NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.