Zacks Research Brokers Reduce Earnings Estimates for NETGEAR

NETGEAR, Inc. (NASDAQ:NTGR) – Equities research analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for NETGEAR in a research note issued to investors on Tuesday, February 25th. Zacks Research analyst V. Doshi now expects that the communications equipment provider will post earnings of ($0.51) per share for the quarter, down from their previous forecast of ($0.48). The consensus estimate for NETGEAR’s current full-year earnings is ($1.84) per share. Zacks Research also issued estimates for NETGEAR’s Q2 2025 earnings at ($0.44) EPS, Q3 2025 earnings at ($0.35) EPS, Q4 2025 earnings at ($0.22) EPS, FY2025 earnings at ($1.53) EPS, Q1 2026 earnings at ($0.31) EPS, Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at ($0.27) EPS, Q4 2026 earnings at ($0.11) EPS and FY2026 earnings at ($0.98) EPS.

NETGEAR (NASDAQ:NTGR) last issued its quarterly earnings results on Wednesday, February 5th. The communications equipment provider reported ($0.24) EPS for the quarter, hitting analysts’ consensus estimates of ($0.24). NETGEAR had a negative return on equity of 9.24% and a net margin of 1.83%.

NTGR has been the topic of a number of other research reports. StockNews.com raised NETGEAR from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Raymond James upped their price target on NETGEAR from $22.00 to $29.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th.

NETGEAR Trading Up 1.5 %

Shares of NETGEAR stock opened at $26.30 on Friday. The business’s fifty day simple moving average is $27.54 and its 200 day simple moving average is $23.30. The firm has a market capitalization of $759.25 million, a P/E ratio of 65.75 and a beta of 0.83. NETGEAR has a 12 month low of $10.48 and a 12 month high of $31.55.

Insider Buying and Selling

In related news, Director Thomas H. Waechter sold 2,000 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $30.42, for a total transaction of $60,840.00. Following the sale, the director now owns 61,135 shares of the company’s stock, valued at approximately $1,859,726.70. This represents a 3.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Charles J. Prober sold 10,929 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $26.64, for a total value of $291,148.56. Following the sale, the chief executive officer now directly owns 507,763 shares in the company, valued at $13,526,806.32. This trade represents a 2.11 % decrease in their position. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NETGEAR

A number of institutional investors have recently added to or reduced their stakes in the business. Summit Investment Advisors Inc. increased its stake in NETGEAR by 19.6% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,917 shares of the communications equipment provider’s stock worth $81,000 after acquiring an additional 479 shares during the last quarter. Quarry LP increased its position in shares of NETGEAR by 66.5% during the 3rd quarter. Quarry LP now owns 1,856 shares of the communications equipment provider’s stock valued at $37,000 after purchasing an additional 741 shares during the last quarter. Legal & General Group Plc increased its position in shares of NETGEAR by 2.6% during the 4th quarter. Legal & General Group Plc now owns 32,902 shares of the communications equipment provider’s stock valued at $917,000 after purchasing an additional 846 shares during the last quarter. Franklin Resources Inc. increased its position in shares of NETGEAR by 5.3% during the 3rd quarter. Franklin Resources Inc. now owns 42,673 shares of the communications equipment provider’s stock valued at $883,000 after purchasing an additional 2,166 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in shares of NETGEAR by 49.3% during the 4th quarter. New York State Common Retirement Fund now owns 7,566 shares of the communications equipment provider’s stock valued at $211,000 after purchasing an additional 2,500 shares during the last quarter. 82.97% of the stock is currently owned by institutional investors.

NETGEAR Company Profile

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.