NETGEAR (NTGR) Stock Forecast, Price Target & Predictions
NTGR Stock Forecast
NETGEAR stock forecast is as follows: an average price target of $22.00 (represents a 0.27% upside from NTGR’s last price of $21.94) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
NTGR Price Target
The average price target for NETGEAR (NTGR) is $22.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $22.00. This represents a potential 0.27% upside from NTGR's last price of $21.94.
NTGR Analyst Ratings
According to 2 Wall Street analysts, NETGEAR's rating consensus is 'Buy'. The analyst rating breakdown for NTGR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
NETGEAR Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Adam Tindle | Raymond James | $22.00 | $15.93 | 38.10% | 0.27% |
| Jul 28, 2022 | Adam Tindle | Raymond James | $25.00 | $24.30 | 2.90% | 13.95% |
| Apr 28, 2022 | - | Raymond James | $27.00 | $20.16 | 33.96% | 23.06% |
The latest NETGEAR stock forecast, released on Sep 12, 2024 by Adam Tindle from Raymond James, set a price target of $22.00, which represents a 38.10% increase from the stock price at the time of the forecast ($15.93), and a 0.27% increase from NTGR last price ($21.94).
NETGEAR Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $22.00 | $22.00 | $22.00 |
| Last Closing Price | $21.94 | $21.94 | $21.94 |
| Upside/Downside | 0.27% | 0.27% | 0.27% |
In the current month, the average price target of NETGEAR stock is $22.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 0.27% increase as opposed to NETGEAR's last price of $21.94. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | Raymond James | Outperform | Outperform | Hold |
| May 02, 2024 | BWS Financial | - | Neutral | Downgrade |
| Oct 27, 2022 | Raymond James | Outperform | Outperform | Hold |
| Jul 28, 2022 | Raymond James | Outperform | Outperform | Hold |
| Jul 22, 2021 | Raymond James | Outperform | Outperform | Hold |
NETGEAR's last stock rating was published by Raymond James on Sep 12, 2024. The company gave NTGR a "Outperform" rating, the same as its previous rate.
NETGEAR Financial Forecast
NETGEAR Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $188.67M | $197.84M | $173.41M | $180.91M | $249.10M | $249.59M | - | $210.56M | $251.19M | $290.15M | $308.81M | $317.93M | $367.07M | $378.11M | $280.05M | $229.96M | $252.97M | $265.86M | $230.85M | $249.08M | $-53.56M | $400.59M |
| Avg Forecast | $175.16M | $174.61M | $174.77M | $174.43M | $174.60M | $175.01M | $132.54M | $163.85M | $185.14M | $183.85M | $156.69M | $193.32M | $243.42M | $244.55M | $209.80M | $225.90M | $258.83M | $294.97M | $314.83M | $310.22M | $346.29M | $313.51M | $235.30M | $215.95M | $245.79M | $272.23M | $224.36M | $244.31M | $747.40M | $166.60M |
| High Forecast | $175.23M | $174.68M | $174.84M | $174.50M | $174.74M | $175.08M | $132.60M | $163.91M | $187.27M | $183.86M | $156.75M | $193.40M | $243.52M | $244.65M | $209.80M | $228.48M | $261.80M | $298.35M | $318.44M | $313.78M | $350.26M | $317.10M | $238.00M | $218.42M | $248.61M | $275.35M | $226.93M | $247.11M | $896.88M | $199.92M |
| Low Forecast | $175.08M | $174.53M | $174.69M | $174.36M | $174.45M | $174.93M | $132.48M | $163.78M | $183.02M | $183.83M | $156.62M | $193.24M | $243.31M | $244.44M | $209.80M | $223.52M | $256.10M | $291.86M | $311.52M | $306.96M | $342.64M | $310.21M | $232.83M | $213.68M | $243.21M | $269.36M | $222.00M | $241.74M | $597.92M | $133.28M |
| # Analysts | - | - | - | - | 2 | 1 | - | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 15 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 1.08% | 1.11% | 0.94% | 1.02% | 1.02% | - | 0.93% | 0.97% | 0.98% | 0.98% | 1.02% | 1.06% | 1.21% | 1.19% | 1.06% | 1.03% | 0.98% | 1.03% | 1.02% | -0.07% | 2.40% |
NETGEAR's average Quarter revenue forecast for Mar 24 based on 1 analysts is $163.85M, with a low forecast of $163.78M, and a high forecast of $163.91M. NTGR's average Quarter revenue forecast represents a -13.16% decrease compared to the company's last Quarter revenue of $188.67M (Dec 23).
NETGEAR EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 1 | - | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 15 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | $-2.87M | $3.12M | $-15.92M | $-9.96M | $-9.95M | $296.00K | - | $33.15M | $2.73M | $15.82M | $25.43M | $35.45M | $38.19M | $36.71M | $14.03M | $1.24M | $5.87M | $17.55M | $7.31M | $20.78M | $-1.20M | $20.15M |
| Avg Forecast | $4.96M | $4.94M | $4.95M | $4.94M | $4.94M | $4.95M | $3.75M | $25.94M | $5.24M | $5.20M | $4.43M | $23.58M | $6.89M | $26.42M | $5.94M | $21.44M | $34.49M | $24.02M | $22.43M | $19.49M | $31.35M | $21.84M | $6.99M | $670.31K | $4.73M | $15.50M | $5.75M | $15.57M | $-1.20M | $7.86M |
| High Forecast | $4.96M | $4.94M | $4.95M | $4.94M | $4.95M | $4.96M | $3.75M | $31.13M | $5.30M | $5.20M | $4.44M | $28.30M | $6.89M | $31.71M | $5.94M | $25.73M | $41.38M | $28.82M | $26.92M | $23.39M | $37.62M | $26.20M | $8.39M | $804.38K | $5.67M | $18.60M | $6.90M | $18.68M | $-960.45K | $9.43M |
| Low Forecast | $4.96M | $4.94M | $4.94M | $4.93M | $4.94M | $4.95M | $3.75M | $20.75M | $5.18M | $5.20M | $4.43M | $18.87M | $6.89M | $21.14M | $5.94M | $17.15M | $27.59M | $19.22M | $17.95M | $15.59M | $25.08M | $17.47M | $5.59M | $536.25K | $3.78M | $12.40M | $4.60M | $12.46M | $-1.44M | $6.29M |
| Surprise % | - | - | - | - | - | - | - | - | -0.55% | 0.60% | -3.59% | -0.42% | -1.44% | 0.01% | - | 1.55% | 0.08% | 0.66% | 1.13% | 1.82% | 1.22% | 1.68% | 2.01% | 1.85% | 1.24% | 1.13% | 1.27% | 1.33% | 1.00% | 2.56% |
3 analysts predict NTGR's average Quarter EBITDA for Dec 23 to be $5.24M, with a high of $5.30M and a low of $5.18M. This is 68.00% upper than NETGEAR's previous annual EBITDA (Sep 23) of $3.12M.
NETGEAR Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 1 | - | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 15 | 8 |
| Net Income | - | - | - | - | - | - | - | - | $-1.67M | $-84.80M | $-8.59M | $-9.71M | $-6.04M | $2.80M | - | $-57.21M | $-991.00K | $9.58M | $17.83M | $22.96M | $30.95M | $25.54M | $5.98M | $-4.17M | $-420.00K | $12.53M | $839.00K | $12.84M | $-19.47M | $9.95M |
| Avg Forecast | $-5.49M | $-6.35M | $-7.22M | $-8.66M | $-9.24M | $-1.16M | $-25.49M | $16.81M | $1.30M | $-1.30M | $-8.72M | $15.28M | $-2.20M | $18.43M | $-7.02M | $13.89M | $27.96M | $16.75M | $15.74M | $12.63M | $25.42M | $15.23M | $2.99M | $-2.87M | $-364.00K | $11.48M | $738.32K | $9.96M | $-12.49M | $4.19M |
| High Forecast | $-5.48M | $-6.35M | $-7.22M | $-8.66M | $-9.24M | $-200.93K | $-25.47M | $20.17M | $1.62M | $-974.80K | $-8.72M | $18.34M | $-2.19M | $22.12M | $-7.02M | $16.67M | $33.56M | $20.11M | $18.88M | $15.15M | $30.51M | $18.28M | $3.59M | $-2.30M | $-291.20K | $13.78M | $885.98K | $11.95M | $-10.00M | $5.03M |
| Low Forecast | $-5.49M | $-6.36M | $-7.22M | $-8.67M | $-9.25M | $-2.06M | $-25.50M | $13.45M | $974.80K | $-1.95M | $-8.73M | $12.22M | $-2.20M | $14.74M | $-7.02M | $11.11M | $22.37M | $13.40M | $12.59M | $10.10M | $20.34M | $12.19M | $2.39M | $-3.44M | $-436.80K | $9.19M | $590.65K | $7.97M | $-14.99M | $3.35M |
| Surprise % | - | - | - | - | - | - | - | - | -1.28% | 65.24% | 0.98% | -0.64% | 2.75% | 0.15% | - | -4.12% | -0.04% | 0.57% | 1.13% | 1.82% | 1.22% | 1.68% | 2.00% | 1.45% | 1.15% | 1.09% | 1.14% | 1.29% | 1.56% | 2.37% |
NETGEAR's average Quarter net income forecast for Dec 22 is $-2.20M, with a range of $-2.20M to $-2.19M. NTGR's average Quarter net income forecast represents a -178.37% decrease compared to the company's last Quarter net income of $2.80M (Sep 22).
NETGEAR SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 1 | - | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 15 | 8 |
| SG&A | - | - | - | - | - | - | - | - | $47.66M | $47.23M | $49.02M | $50.12M | $49.96M | $48.15M | - | $49.19M | $50.80M | $50.23M | $51.36M | $53.22M | $56.71M | $56.26M | $49.87M | $46.16M | $48.23M | $45.38M | $45.00M | $48.97M | $17.43M | $72.27M |
| Avg Forecast | $35.13M | $35.02M | $35.05M | $34.99M | $35.02M | $35.10M | $26.58M | $38.96M | $37.13M | $36.87M | $31.43M | $35.42M | $48.82M | $40.61M | $42.08M | $32.20M | $51.24M | $36.92M | $45.32M | $29.27M | $46.58M | $33.56M | $24.93M | $31.74M | $41.80M | $41.60M | $39.60M | $37.98M | $11.18M | $30.45M |
| High Forecast | $35.15M | $35.03M | $35.07M | $35.00M | $35.05M | $35.12M | $26.59M | $46.75M | $37.56M | $36.88M | $31.44M | $42.50M | $48.84M | $48.73M | $42.08M | $38.64M | $61.49M | $44.30M | $54.38M | $35.13M | $55.90M | $40.27M | $29.92M | $38.09M | $50.16M | $49.92M | $47.52M | $45.57M | $13.42M | $36.54M |
| Low Forecast | $35.12M | $35.01M | $35.04M | $34.97M | $34.99M | $35.09M | $26.57M | $31.17M | $36.71M | $36.87M | $31.41M | $28.33M | $48.80M | $32.49M | $42.08M | $25.76M | $40.99M | $29.53M | $36.26M | $23.42M | $37.27M | $26.85M | $19.95M | $25.39M | $33.44M | $33.28M | $31.68M | $30.38M | $8.95M | $24.36M |
| Surprise % | - | - | - | - | - | - | - | - | 1.28% | 1.28% | 1.56% | 1.41% | 1.02% | 1.19% | - | 1.53% | 0.99% | 1.36% | 1.13% | 1.82% | 1.22% | 1.68% | 2.00% | 1.45% | 1.15% | 1.09% | 1.14% | 1.29% | 1.56% | 2.37% |
NETGEAR's average Quarter SG&A projection for Mar 24 is $38.96M, based on 1 Wall Street analysts, with a range of $31.17M to $46.75M. The forecast indicates a -18.25% fall compared to NTGR last annual SG&A of $47.66M (Dec 23).
NETGEAR EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 2 | 1 | - | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 15 | 8 |
| EPS | - | - | - | - | - | - | - | - | $-0.06 | $-2.87 | $-0.29 | $-0.33 | $-0.21 | $0.10 | - | $-1.95 | $-0.03 | $0.32 | $0.58 | $0.75 | $1.02 | $0.85 | $0.20 | $-0.14 | $-0.01 | $0.41 | $0.03 | $0.41 | $-0.41 | $0.31 |
| Avg Forecast | $-0.19 | $-0.22 | $-0.25 | $-0.30 | $-0.32 | $-0.04 | $-0.88 | $-0.28 | $0.04 | $-0.04 | $-0.30 | $-0.08 | $-0.08 | $0.08 | $-0.24 | $0.02 | $0.13 | $0.41 | $0.71 | $0.66 | $0.84 | $0.66 | $0.22 | $0.18 | $0.29 | $0.60 | $0.21 | $0.49 | $0.31 | $0.20 |
| High Forecast | $-0.19 | $-0.22 | $-0.25 | $-0.30 | $-0.32 | $-0.01 | $-0.88 | $-0.28 | $0.06 | $-0.03 | $-0.30 | $-0.08 | $-0.08 | $0.08 | $-0.24 | $0.02 | $0.13 | $0.42 | $0.72 | $0.67 | $0.85 | $0.67 | $0.23 | $0.18 | $0.30 | $0.61 | $0.21 | $0.50 | $0.37 | $0.24 |
| Low Forecast | $-0.19 | $-0.22 | $-0.25 | $-0.30 | $-0.32 | $-0.07 | $-0.88 | $-0.28 | $0.03 | $-0.07 | $-0.30 | $-0.08 | $-0.08 | $0.08 | $-0.24 | $0.02 | $0.12 | $0.41 | $0.70 | $0.65 | $0.83 | $0.65 | $0.22 | $0.17 | $0.29 | $0.60 | $0.21 | $0.48 | $0.25 | $0.16 |
| Surprise % | - | - | - | - | - | - | - | - | -1.25% | 63.78% | 0.96% | 4.00% | 2.76% | 1.19% | - | -111.43% | -0.27% | 0.77% | 0.82% | 1.14% | 1.22% | 1.29% | 0.89% | -0.79% | -0.03% | 0.68% | 0.14% | 0.84% | -1.32% | 1.55% |
According to 0 Wall Street analysts, NETGEAR's projected average Quarter EPS for Dec 22 is $-0.08, with a low estimate of $-0.08 and a high estimate of $-0.08. This represents a -176.00% decrease compared to NTGR previous annual EPS of $0.10 (Sep 22).
NETGEAR Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MYNA | Mynaric | $0.71 | $4.00 | 463.38% | Hold |
| ADTN | ADTRAN | $5.44 | $15.67 | 188.05% | Buy |
| KVHI | KVH Industries | $4.69 | $13.00 | 177.19% | Buy |
| CMTL | Comtech Telecommunications | $3.30 | $9.00 | 172.73% | Hold |
| AVNW | Aviat Networks | $21.34 | $44.33 | 107.73% | Buy |
| CLFD | Clearfield | $39.64 | $61.60 | 55.40% | Buy |
| DGII | Digi | $26.60 | $39.80 | 49.62% | Buy |
| HLIT | Harmonic | $13.41 | $17.00 | 26.77% | Buy |
| NTGR | NETGEAR | $21.94 | $22.00 | 0.27% | Buy |
| JNPR | Juniper Networks | $38.60 | $35.47 | -8.11% | Buy |
NTGR Forecast FAQ
Is NETGEAR a good buy?
Yes, according to 2 Wall Street analysts, NETGEAR (NTGR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of NTGR's total ratings.
What is NTGR's price target?
NETGEAR (NTGR) average price target is $22 with a range of $22 to $22, implying a 0.27% from its last price of $21.94. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NETGEAR stock go up soon?
According to Wall Street analysts' prediction for NTGR stock, the company can go up by 0.27% (from the last price of $21.94 to the average price target of $22), up by 0.27% based on the highest stock price target, and up by 0.27% based on the lowest stock price target.
Can NETGEAR stock reach $30?
NTGR's average twelve months analyst stock price target of $22 does not support the claim that NETGEAR can reach $30 in the near future.
What is NETGEAR's current price target trend?
1 Wall Street analyst forecast a $22 price target for NETGEAR (NTGR) this month, up 0.27% from its last price of $21.94. Compared to the last 3 and 12 months, the average price target increased by 0.27% and increased by 0.27%, respectively.
What are NETGEAR's analysts' financial forecasts?
NETGEAR's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $646M (high $646.33M, low $645.64M), average EBITDA is $39.59M (high $44.78M, low $34.39M), average net income is $-19.079M (high $-14.744M, low $-23.363M), average SG&A $135.66M (high $143.51M, low $127.81M), and average EPS is $-1.525 (high $-1.491, low $-1.557). NTGR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $698.96M (high $699.24M, low $698.66M), average EBITDA is $19.78M (high $19.79M, low $19.77M), average net income is $-27.728M (high $-27.712M, low $-27.742M), average SG&A $140.19M (high $140.25M, low $140.13M), and average EPS is $-0.96 (high $-0.959, low $-0.961).
Did the NTGR's actual financial results beat the analysts' financial forecasts?
Based on NETGEAR's last annual report (Dec 2023), the company's revenue was $740.84M, beating the average analysts forecast of $719M by 3.04%. Apple's EBITDA was $-33.275M, missing the average prediction of $38.46M by -186.52%. The company's net income was $-105M, missing the average estimation of $6.56M by -1697.74%. Apple's SG&A was $194.02M, beating the average forecast of $140.85M by 37.75%. Lastly, the company's EPS was $-3.57, beating the average prediction of $-0.385 by 828.48%. In terms of the last quarterly report (Dec 2023), NETGEAR's revenue was $188.67M, beating the average analysts' forecast of $185.14M by 1.91%. The company's EBITDA was $-2.874M, missing the average prediction of $5.24M by -154.85%. NETGEAR's net income was $-1.669M, missing the average estimation of $1.3M by -228.41%. The company's SG&A was $47.66M, beating the average forecast of $37.13M by 28.34%. Lastly, the company's EPS was $-0.0563, missing the average prediction of $0.045 by -225.11%