NETGEAR (NTGR) Stock Forecast, Price Target & Predictions


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NTGR Stock Forecast


NETGEAR stock forecast is as follows: an average price target of $22.00 (represents a -5.05% downside from NTGR’s last price of $23.17) 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 -5.05% downside from NTGR's last price of $23.17.

NTGR Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 12, 2024Adam TindleRaymond James$22.00$15.9338.10%-5.05%
Jul 28, 2022Adam TindleRaymond James$25.00$24.302.90%7.90%
Apr 28, 2022-Raymond James$27.00$20.1633.96%16.53%
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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 -5.05% decrease from NTGR last price ($23.17).

NETGEAR Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$22.00$22.00
Last Closing Price$23.17$23.17$23.17
Upside/Downside-100.00%-5.05%-5.05%

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 $23.17. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 12, 2024Raymond JamesOutperformOutperformHold
May 02, 2024BWS Financial-NeutralDowngrade
Oct 27, 2022Raymond JamesOutperformOutperformHold
Jul 28, 2022Raymond JamesOutperformOutperformHold
Jul 22, 2021Raymond JamesOutperformOutperformHold
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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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Dec 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
# Analysts1111111132111111111454544343814
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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Dec 17
# Analysts1111111132111111111454544343814
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$5.07M$5.02M$4.89M$4.79M$4.74M$4.95M$3.75M$25.94M$5.24M$5.20M$4.43M$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$5.11M$5.05M$4.92M$4.92M$4.77M$5.06M$3.75M$31.13M$5.30M$5.20M$4.46M$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$5.04M$4.99M$4.86M$4.67M$4.71M$4.84M$3.75M$20.75M$5.18M$5.20M$4.41M$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 %---------0.55%0.60%-3.59%-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 $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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Dec 17
# Analysts1111111132111111111454544343814
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$-7.64M$-7.64M$-7.94M$-7.77M$-7.05M$-1.18M$-25.94M$16.81M$1.32M$-1.32M$-8.88M$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$-7.58M$-7.58M$-7.87M$-7.67M$-6.05M$-1.17M$-25.72M$20.17M$1.65M$-991.88K$-8.80M$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$-8.00M$-7.87M$-8.06M$-1.19M$-26.15M$13.45M$991.88K$-1.98M$-8.95M$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%64.12%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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Dec 17
# Analysts1111111132111111111454544343814
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$35.96M$35.57M$34.65M$33.97M$33.59M$35.10M$26.58M$38.96M$37.13M$36.87M$31.43M$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$36.19M$35.79M$34.87M$34.85M$33.80M$35.88M$26.58M$46.75M$37.56M$36.88M$31.63M$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$35.73M$35.34M$34.43M$33.10M$33.38M$34.32M$26.58M$31.17M$36.71M$36.87M$31.23M$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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Dec 17
# Analysts1111111132111111111454544343814
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CMTLComtech Telecommunications$2.47$9.00264.37%Hold
KVHIKVH Industries$4.57$13.00184.46%Buy
MYNAMynaric$1.50$4.00166.67%Hold
ADTNADTRAN$6.20$15.67152.74%Buy
AVNWAviat Networks$20.12$44.50121.17%Buy
CLFDClearfield$35.50$59.6067.89%Buy
TSATTelesat$12.51$20.0059.87%-
KNKnowles$17.49$25.0042.94%Buy
HLITHarmonic$11.12$15.3838.31%Buy
DGIIDigi$29.34$39.8035.65%Buy
NTGRNETGEAR$23.17$22.00-5.05%Buy
JNPRJuniper Networks$38.98$35.74-8.31%Buy

NTGR Forecast FAQ


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.

NETGEAR (NTGR) average price target is $22 with a range of $22 to $22, implying a -5.05% from its last price of $23.17. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for NTGR stock, the company can go down by -5.05% (from the last price of $23.17 to the average price target of $22), down by -5.05% based on the highest stock price target, and down by -5.05% based on the lowest stock price target.

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.

NETGEAR's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $638.87M (high $643.82M, low $633.91M), average EBITDA is $39.39M (high $44.71M, low $34.06M), average net income is $-17.357M (high $-12.764M, low $-21.95M), average SG&A $134.23M (high $143.02M, low $125.45M), and average EPS is $-1.445 (high $-1.401, low $-1.489). NTGR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $698.76M (high $706.46M, low $691.05M), average EBITDA is $19.78M (high $19.99M, low $19.56M), average net income is $-30.987M (high $-30.697M, low $-31.278M), average SG&A $140.15M (high $141.69M, low $138.6M), and average EPS is $-1.054 (high $-1.044, low $-1.064).

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 $6.4M by -1735.86%. 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 $1.32M by -226.20%. 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%