NTGR · NASDAQ · Communication Equipment

NETGEAR

Builds business networking, Pro AV, security, and consumer WiFi products.

$21.09
After-hours close−0.03 (−0.14%)
At close$21.12(−3.91%)
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Profile

NETGEAR, Inc.NTGRInformation Technology

Sells networking hardware, software, and services across Enterprise and Consumer lines, spanning Pro AV switches, security offerings, mesh WiFi, routers, and mobile connectivity. The business skews toward the Americas and depends on channel partners, outsourced manufacturing, and fast networking technology transitions.

Builds networking hardware, software, and services for businesses, homes, and service providers. Enterprise covers SME networking, Pro AV managed switches, wireless LAN, cloud-managed tools, firewall, and SASE offerings; Consumer covers mesh WiFi, routers, mobile hotspots, and support or security subscriptions.

Sales are largest in the Americas, with additional reach through EMEA and APAC. Products move through distributors, retailers, direct market resellers, managed service providers, broadband providers, and the direct online store.

Execution depends on balancing Enterprise and Consumer after the recent segment reset, keeping pace with WiFi, AV-over-Ethernet, mobile, and security shifts, and managing outsourced manufacturing plus concentrated channels.

Company facts

CEOCharles (CJ) Prober
ListedJul 31, 2003
ExchangeNASDAQ
HeadquartersSan Jose, CA
CountryUnited States
Employees784
CIK0001122904
ISINUS64111Q1040

Key statistics

Market cap$566.1M
EPS (ttm)−$1.45
P/E (ttm)−14.54
ROE-8.4%
P/B1.25
P/S0.8226
Dividend yield
Beta1.41vs XLK 0.69

Year to date −13.1% · Average volume (30d) 380.8K

Analysts

Price target, next 12 months$35.50+68.3%Median of 17 analysts · vs the Aug 28 close
ConsensusHold5 of 17 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior targetTarget
Feb 5, 2026Stifel NicolausTarget$40$36
Oct 17, 2025Stifel NicolausTarget$40
Oct 1, 2025Seaport GlobalTarget$40

Earnings

EPS

Estimate−$0.01
ReportedDue Oct 28, 2026

Revenue

Estimate$170.0M
ReportedDue Oct 28, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.01$0.16+1,100.3%$157.8M$168.6M+6.8%−2.59%
Apr 29, 2026Q1 FY26−$0.08$0.06+175.0%$152.5M$158.8M+4.2%−2.39%
Feb 4, 2026Q4 FY25$0.05$0.26+420.0%$177.3M$182.5M+2.9%−1.49%
Oct 29, 2025Q3 FY25−$0.09$0.12+233.3%$177.3M$184.6M+4.1%+0.83%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$162.1M$170.5M$184.6M$176.2M$158.8M$168.6M
Gross profit$56.3M$64.0M$72.3M$58.4M$64.3M$67.8M
Operating income−$12.8M−$9.5M−$7.1M−$5.7M−$8.0M−$8.4M
Net income−$6.0M−$6.4M−$4.8M−$15.6M−$13.0M−$7.3M
Diluted EPS−$0.21−$0.22−$0.17−$0.54−$0.47−$0.27
Gross margin34.8%37.5%39.1%33.1%40.5%40.2%
Operating margin-7.9%-5.6%-3.8%-3.2%-5.0%-5.0%

Fiscal years (4-quarter sums)FY21 $1.17B · FY22 $932.5M · FY23 $740.8M · FY24 $673.8M · FY25 $693.4M

Revenue by product · Q2 FY26

Enterprise$89.0M · 53%
Consumer$79.6M · 47%

Revenue by geography · Q2 FY26

United States$112.8M · 74%
EMEA$36.4M · 24%
Americas Excluding United States$3.7M · 2%

Balance sheet, Jun 28, 2026Cash & short-term investments $267.9M · Total debt $45.8M · Total assets $788.7M · Shareholders' equity $456.4M

Dividends

No dividends on record.

Ownership

Institutions 102.89%Insiders 4.48%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 26.84M · Float 25.37M · 94.5% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.3.55M13.21%13FAug 7, 2026
Brandes Investment Partners, LP1.77M6.58%13FAug 14, 2026
Windward Management LP1.37M5.10%13FAug 17, 2026
Vanguard Portfolio Management LLC1.31M4.90%13FAug 13, 2026
Vanguard Capital Management LLC1.11M4.15%13FAug 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 31, 2026Pramod Badjateofficer: President & GM, NFB−3,000$23.88
May 1, 2026Pramod Badjateofficer: President & GM, NFB−3,000$25.47
Feb 2, 2026Pramod Badjateofficer: President & GM, NFB−3,000$20.97
Nov 19, 2025Pramod Badjateofficer: President & GM, NFB−4,000$24.60
Nov 3, 2025Graeme McLindinofficer: VP, Mobile−1,205$34.26
View details

Peers

  • Cisco Systems

    Enterprise switching, WLAN, routing, and SMB networking rival

  • Hewlett Packard Enterprise

    Aruba and Juniper networks challenge enterprise switching and WLAN

  • Ubiquiti

    SMB and prosumer networking rival across UniFi switching and WiFi

  • Arista Networks

    High-performance switching and campus networking rival

  • Fortinet

    Security-led networking rival in firewall, SASE, WLAN, and switching

  • Extreme Networks

    Enterprise campus switching, WiFi, and cloud networking rival

CompareAfter-hours close

CompanyPriceChange
NETGEAR$21.09−0.14%$566.1M108.30.8−1.2%
Cisco Systems$109.95+0.01%$433.28B33.021.46.8+17.6%
Hewlett Packard Enterprise$52.56+0.50%$69.26B49.813.41.8+40.0%
Ubiquiti$599.00−0.13%$36.27B37.833.911.1+23.5%
Arista Networks$195.38+0.01%$246.02B61.642.023.3+37.7%
Fortinet$165.78−0.16%$121.80B58.547.416.2+25.6%
Extreme Networks$22.50−0.37%$2.95B73.117.22.3+10.3%
Median54.127.79.0+24.6%