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 -8.71% downside from NTGR’s last price of $24.10) 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 -8.71% downside from NTGR's last price of $24.10.
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% | -8.71% |
| Jul 28, 2022 | Adam Tindle | Raymond James | $25.00 | $24.30 | 2.90% | 3.73% |
| Apr 28, 2022 | - | Raymond James | $27.00 | $20.16 | 33.96% | 12.03% |
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 -8.71% decrease from NTGR last price ($24.10).
NETGEAR Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $22.00 | $22.00 |
| Last Closing Price | $24.10 | $24.10 | $24.10 |
| Upside/Downside | -100.00% | -8.71% | -8.71% |
In the current month, the average price target of NETGEAR stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NETGEAR's last price of $24.10. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 | Jun 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 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $188.67M | $197.84M | $173.41M | $180.91M | $249.10M | $249.59M | $223.22M | $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 | $400.59M | $397.06M |
| Avg Forecast | $179.29M | $177.32M | $172.76M | $169.38M | $167.47M | $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 | $166.60M | $26.41M |
| High Forecast | $180.43M | $178.44M | $173.86M | $173.73M | $168.53M | $178.90M | $132.54M | $163.85M | $187.27M | $183.86M | $157.68M | $194.55M | $244.96M | $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 | $199.92M | $31.69M |
| Low Forecast | $178.16M | $176.20M | $171.67M | $165.03M | $166.41M | $171.12M | $132.54M | $163.85M | $183.02M | $183.83M | $155.69M | $192.10M | $241.88M | $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 | $133.28M | $21.13M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 1.08% | 1.11% | 0.94% | 1.02% | 1.02% | 1.06% | 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% | 2.40% | 15.03% |
NETGEAR's average Quarter revenue forecast for Mar 24 based on 1 analysts is $163.85M, with a low forecast of $163.85M, and a high forecast of $163.85M. 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 | Jun 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 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | $-2.87M | $3.12M | $-15.92M | $-9.96M | $-9.95M | $296.00K | $-7.46M | $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 | $20.15M | $27.27M |
| Avg Forecast | $3.98M | $3.94M | $3.84M | $3.76M | $3.72M | $3.89M | $2.94M | $25.94M | $4.11M | $4.08M | $3.48M | $23.58M | $37.94M | $6.92M | $5.94M | $21.44M | $7.33M | $8.35M | $8.91M | $19.49M | $9.80M | $8.87M | $6.66M | $670.31K | $6.96M | $7.70M | $6.35M | $15.57M | $7.86M | $23.64M |
| High Forecast | $4.01M | $3.96M | $3.86M | $3.86M | $3.74M | $3.97M | $2.94M | $31.13M | $4.16M | $4.08M | $3.50M | $28.30M | $45.52M | $6.92M | $5.94M | $25.73M | $7.33M | $8.35M | $8.91M | $23.39M | $9.80M | $8.87M | $6.66M | $804.38K | $6.96M | $7.70M | $6.35M | $18.68M | $9.43M | $28.37M |
| Low Forecast | $3.96M | $3.91M | $3.81M | $3.67M | $3.70M | $3.80M | $2.94M | $20.75M | $4.07M | $4.08M | $3.46M | $18.87M | $30.35M | $6.92M | $5.94M | $17.15M | $7.33M | $8.35M | $8.91M | $15.59M | $9.80M | $8.87M | $6.66M | $536.25K | $6.96M | $7.70M | $6.35M | $12.46M | $6.29M | $18.91M |
| Surprise % | - | - | - | - | - | - | - | - | -0.70% | 0.76% | -4.58% | -0.42% | -0.26% | 0.04% | -1.26% | 1.55% | 0.37% | 1.90% | 2.85% | 1.82% | 3.90% | 4.14% | 2.11% | 1.85% | 0.84% | 2.28% | 1.15% | 1.33% | 2.56% | 1.15% |
3 analysts predict NTGR's average Quarter EBITDA for Dec 23 to be $4.11M, with a high of $4.16M and a low of $4.07M. This is 31.85% 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 | Jun 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 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 14 |
| Net Income | - | - | - | - | - | - | - | - | $-1.67M | $-84.80M | $-8.59M | $-9.71M | $-6.04M | $2.80M | $-8.53M | $-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 | $9.95M | $-31.93M |
| Avg Forecast | $-7.63M | $-7.63M | $-7.93M | $-7.76M | $-7.05M | $-1.17M | $-25.91M | $16.81M | $1.32M | $-1.32M | $-8.87M | $15.28M | $30.76M | $2.43M | $-6.89M | $13.89M | $3.64M | $11.99M | $20.51M | $12.63M | $24.21M | $18.98M | $6.48M | $-2.87M | $8.51M | $17.47M | $6.10M | $9.96M | $4.19M | $-28.44M |
| High Forecast | $-7.57M | $-7.57M | $-7.86M | $-7.66M | $-6.04M | $-1.16M | $-25.70M | $20.17M | $1.65M | $-991.03K | $-8.79M | $18.34M | $36.91M | $2.43M | $-6.89M | $16.67M | $3.64M | $11.99M | $20.51M | $15.15M | $24.21M | $18.98M | $6.48M | $-2.30M | $8.51M | $17.47M | $6.10M | $11.95M | $5.03M | $-22.75M |
| Low Forecast | $-7.70M | $-7.70M | $-7.99M | $-7.86M | $-8.05M | $-1.18M | $-26.13M | $13.45M | $991.03K | $-1.98M | $-8.94M | $12.22M | $24.61M | $2.43M | $-6.89M | $11.11M | $3.64M | $11.99M | $20.51M | $10.10M | $24.21M | $18.98M | $6.48M | $-3.44M | $8.51M | $17.47M | $6.10M | $7.97M | $3.35M | $-34.13M |
| Surprise % | - | - | - | - | - | - | - | - | -1.26% | 64.17% | 0.97% | -0.64% | -0.20% | 1.15% | 1.24% | -4.12% | -0.27% | 0.80% | 0.87% | 1.82% | 1.28% | 1.35% | 0.92% | 1.45% | -0.05% | 0.72% | 0.14% | 1.29% | 2.37% | 1.12% |
NETGEAR's average Quarter net income forecast for Dec 22 is $30.76M, with a range of $24.61M to $36.91M. NTGR's average Quarter net income forecast represents a 998.18% increase 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 | Jun 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 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 14 |
| SG&A | - | - | - | - | - | - | - | - | $47.66M | $47.23M | $49.02M | $50.12M | $49.96M | $48.15M | $48.69M | $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 | $72.27M | $59.22M |
| Avg Forecast | $35.95M | $35.55M | $34.64M | $33.96M | $33.57M | $35.09M | $26.57M | $38.96M | $37.12M | $36.86M | $31.41M | $35.42M | $56.37M | $49.05M | $42.08M | $32.20M | $51.91M | $59.16M | $63.15M | $29.27M | $69.45M | $62.88M | $47.19M | $31.74M | $49.30M | $54.60M | $45.00M | $37.98M | $30.45M | $5.30M |
| High Forecast | $36.17M | $35.78M | $34.86M | $34.83M | $33.79M | $35.87M | $26.57M | $46.75M | $37.55M | $36.86M | $31.61M | $42.50M | $67.64M | $49.05M | $42.08M | $38.64M | $51.91M | $59.16M | $63.15M | $35.13M | $69.45M | $62.88M | $47.19M | $38.09M | $49.30M | $54.60M | $45.00M | $45.57M | $36.54M | $6.36M |
| Low Forecast | $35.72M | $35.33M | $34.42M | $33.09M | $33.36M | $34.31M | $26.57M | $31.17M | $36.69M | $36.85M | $31.21M | $28.33M | $45.09M | $49.05M | $42.08M | $25.76M | $51.91M | $59.16M | $63.15M | $23.42M | $69.45M | $62.88M | $47.19M | $25.39M | $49.30M | $54.60M | $45.00M | $30.38M | $24.36M | $4.24M |
| Surprise % | - | - | - | - | - | - | - | - | 1.28% | 1.28% | 1.56% | 1.41% | 0.89% | 0.98% | 1.16% | 1.53% | 0.98% | 0.85% | 0.81% | 1.82% | 0.82% | 0.89% | 1.06% | 1.45% | 0.98% | 0.83% | 1.00% | 1.29% | 2.37% | 11.18% |
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 | Jun 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 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 14 |
| EPS | - | - | - | - | - | - | - | - | $-0.06 | $-2.87 | $-0.29 | $-0.33 | $-0.21 | $0.10 | $-0.30 | $-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 | $0.31 | $-1.02 |
| Avg Forecast | $-0.26 | $-0.26 | $-0.27 | $-0.26 | $-0.24 | $-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 | $0.20 | $0.57 |
| High Forecast | $-0.26 | $-0.26 | $-0.27 | $-0.26 | $-0.21 | $-0.04 | $-0.88 | $-0.28 | $0.06 | $-0.03 | $-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 | $0.24 | $0.68 |
| Low Forecast | $-0.26 | $-0.26 | $-0.27 | $-0.27 | $-0.27 | $-0.04 | $-0.89 | $-0.28 | $0.03 | $-0.07 | $-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 | $0.16 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | -1.25% | 63.78% | 0.96% | 4.00% | 2.76% | 1.19% | 1.26% | -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% | 1.55% | -1.79% |
According to 1 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 |
|---|---|---|---|---|---|
| CMTL | Comtech Telecommunications | $3.03 | $9.00 | 197.03% | Hold |
| MYNA | Mynaric | $1.39 | $4.00 | 187.77% | Hold |
| AVNW | Aviat Networks | $14.45 | $41.00 | 183.74% | Buy |
| KVHI | KVH Industries | $5.18 | $13.00 | 150.97% | Buy |
| ADTN | ADTRAN | $7.73 | $17.00 | 119.92% | Buy |
| CLFD | Clearfield | $29.18 | $59.60 | 104.25% | Buy |
| TSAT | Telesat | $11.03 | $20.00 | 81.32% | - |
| KN | Knowles | $18.15 | $25.00 | 37.74% | Buy |
| DGII | Digi | $31.55 | $41.60 | 31.85% | Buy |
| HLIT | Harmonic | $12.08 | $15.38 | 27.32% | Buy |
| JNPR | Juniper Networks | $35.66 | $35.74 | 0.22% | Buy |
| NTGR | NETGEAR | $24.10 | $22.00 | -8.71% | Buy |