Wall Street Zen lowered shares of NETGEAR (NASDAQ:NTGR – Free Report) from a hold rating to a sell rating in a research note released on Sunday morning.
Several other research firms also recently weighed in on NTGR. Zacks Research downgraded NETGEAR from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Stifel Nicolaus set a $36.00 price objective on NETGEAR in a research report on Thursday, February 5th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of NETGEAR in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $36.00.
Get Our Latest Research Report on NTGR
NETGEAR Trading Up 0.6%
NETGEAR (NASDAQ:NTGR – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.21. NETGEAR had a negative net margin of 2.56% and a negative return on equity of 2.40%. The business had revenue of $182.47 million for the quarter, compared to the consensus estimate of $177.26 million. During the same period last year, the firm earned ($0.06) earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Sell-side analysts predict that NETGEAR will post -1.84 EPS for the current year.
Insider Buying and Selling
In other NETGEAR news, insider Pramod Badjate sold 3,000 shares of NETGEAR stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $20.97, for a total value of $62,910.00. Following the completion of the transaction, the insider directly owned 144,586 shares of the company’s stock, valued at $3,031,968.42. This trade represents a 2.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 2.30% of the stock is owned by company insiders.
Institutional Trading of NETGEAR
Several hedge funds have recently made changes to their positions in the business. Amundi grew its position in NETGEAR by 99.1% in the first quarter. Amundi now owns 48,211 shares of the communications equipment provider’s stock worth $1,179,000 after acquiring an additional 23,993 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of NETGEAR by 15.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,874 shares of the communications equipment provider’s stock valued at $6,846,000 after purchasing an additional 37,469 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of NETGEAR by 13.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,146 shares of the communications equipment provider’s stock worth $1,814,000 after purchasing an additional 9,021 shares during the period. Jennison Associates LLC increased its position in shares of NETGEAR by 4.4% during the 2nd quarter. Jennison Associates LLC now owns 50,066 shares of the communications equipment provider’s stock valued at $1,455,000 after purchasing an additional 2,132 shares during the last quarter. Finally, NJ State Employees Deferred Compensation Plan purchased a new stake in NETGEAR during the 2nd quarter valued at $233,000. 82.97% of the stock is currently owned by hedge funds and other institutional investors.
NETGEAR News Roundup
Here are the key news stories impacting NETGEAR this week:
- Positive Sentiment: Zacks has raised its FY2027 outlook and several 2027 quarterly EPS estimates (FY2027 now expected at ($0.60) vs prior ($0.83)), and lifted some late‑2026/2027 quarter forecasts — a sign of an improving medium‑term earnings trajectory that could support the stock if trends continue. Zacks Research Weighs in on NETGEAR FY2028 Earnings
- Neutral Sentiment: Zacks’ updates were mixed: several quarters (Q2–Q4 2027 and Q4 2026) were nudged higher, while other near‑term quarters were adjusted down — this produces a clearer medium‑term path but leaves short‑term guidance uneven. (See Zacks/MarketBeat summary below.) NTGR analyst note
- Negative Sentiment: Zacks still carries a “Strong Sell” stance and trimmed near‑term estimates materially (Q1 2026 cut to ($0.33) from ($0.17); FY2026 to ($0.81) from ($0.57)), indicating expected continued operating pressure — downward revisions to near‑term earnings and a negative net margin remain headwinds. NTGR analyst note
- Negative Sentiment: Independent rater Wall Street Zen lowered its rating to “Sell,” adding to negative third‑party sentiment that could pressure the stock if further downgrades or weak guidance follow. NETGEAR (NASDAQ:NTGR) Rating Lowered to “Sell” at Wall Street Zen
About NETGEAR
NETGEAR, Inc (NASDAQ: NTGR) is a global provider of networking solutions for consumer, business and service provider markets. The company designs, develops and markets a comprehensive portfolio of products that enable high-speed connectivity, data storage and network security for homes, small to medium-sized businesses and large enterprises.
Its product lineup includes Wi-Fi routers, mesh networking systems, cable modems, mobile broadband gateways and Ethernet switches—offered in both managed and unmanaged configurations.
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