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NTGR
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NTGRNETGEAR, Inc.
$18.88$507M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NTGR logo

NETGEAR, Inc.

NTGR
NASDAQ · Networking & Telecom Equipment
$18.88
At close - USD
Market Cap$507M
P/E-16.6x
52W High$30.46
Volume583.61K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Margin Recovery Masks Persistent Cash Burn

NETGEAR's gross margin recovery to 40.2% in 2026Q2 from 22.1% in 2024Q2 reflects a favorable product mix shift, yet the company remains unprofitable with a -5.0% operating margin and negative free cash flow of -$13.8M in 2026Q2.

GrowthDecelerating
ProfitabilityNegative
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

NTGR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-148% Peers

P/E is 148% below peer median

03

Market leadership

RS 41 · Lag

Laggard (Underperforming 59% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 4

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NTGR-22.30%
S&P 500 (^GSPC)+7.63%
1-Year Return
NTGR-35.30%
S&P 500 (^GSPC)+9.69%
3-Year Return
NTGR+45.34%
S&P 500 (^GSPC)+67.50%
5-Year Return
NTGR-35.54%
S&P 500 (^GSPC)+55.76%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-10.6x
Forward P/E
66.2x
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-10.6x
66.4x
0th· Low
EV/EBITDA
N/A
30.5x
N/A
Price/FCF
N/A
8.4x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$693M+2.9% YoY
Net income FY25
-$33M-365.6% YoY
Free cash flow FY25
-$19M-112.1% YoY
Operating margin FY25
-5.1%-6.9 pts YoY
ROIC (FY25)-8.4%
Avg ROIC 5Y-
ROE (FY25)-6.3%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 4, 2026
$0.13+360.0%
vs -$0.05
$167M-1.6%
vs $170M
Q3 2026
Aug 6, 2026
$0.16+1100.3%
vs $0.01
$169M+6.8%
vs $158M
Q2 2026
Apr 29, 2026
$0.06+175.0%
vs -$0.08
$159M+4.2%
vs $152M
Q1 2026
Feb 4, 2026
$0.26+420.0%
vs $0.05
$182M+2.9%
vs $177M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·2d ago
NETGEAR and AT&T Business Expand Collaboration with Nighthawk 5G M8 Pro Mobile Hotspot

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions designed to power extraordinary experiences, today announced the Nighthawk® 5G M8 Pro, its most advanced Wi-Fi 7 mobile hotspot, now available to AT&T Business customers in North America. Pairing AT&T's nationwide high-speed 5G network with NETGEAR's wireless hardware, the M8 Pro serves business customers who need dependable connectivity at work sites and remote professi.

Seeking Alpha·2d ago
NETGEAR, Inc. (NTGR) Q3 2026 Earnings Call Transcript

NETGEAR, Inc. (NTGR) Q3 2026 Earnings Call Transcript

MarketBeat·2d ago
What NETGEAR (NTGR) Said on Its Q3 Earnings Call

NETGEAR NASDAQ: NTGR reported a 9.3% decline in third-quarter revenue as manufacturing delays limited its ability to fill orders, even as demand grew for its enterprise networking products. The company said it expects supply constraints to persist into early 2027.

Zacks Investment Research·2d ago
NETGEAR, Inc. (NTGR) Surpasses Q3 Earnings Estimates

NETGEAR, Inc. (NTGR) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to earnings of $0.12 per share a year ago.

Filtered for NETGEAR, Inc.More Headlines
04

Compare before deciding

Benchmark NTGR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for NETGEAR, Inc. (NTGR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NTGR logoNTGRNETGEAR, Inc.Current
$18.88$506.74M-16.562.91%-4.74%-6.32%—
CALX logoCALXCalix, Inc.
$30.60$1.93B117.6920.26%3.99%6.09%—
SMCI logoSMCISuper Micro Computer, Inc.
$28.76$18.6B8.8277.79%6.77%32.42%—
CSCO logoCSCOCisco Systems, Inc.
$93.85$369.9B28.1811.77%20.95%27.39%1.75%
ANET logoANETArista Networks, Inc.
$170.80$215.07B62.1128.6%39.97%33.29%—
HPE logoHPEHewlett Packard Enterprise Company
$44.76$59.26B-1003.4814.06%6.57%10.85%1.34%

Compare NTGR vs Peers

NETGEAR, Inc. (NTGR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CALX

Most directly comparable listed peer for NTGR.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare NTGR against a more recognizable public peer.

Peer Set

Compare Top 5

vs CALX, SMCI, CSCO, ANET

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

NTGR SEC Filings & Documents

NETGEAR, Inc. (NTGR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jun 2, 2026·SEC

Material company update

Apr 29, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 13, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 1, 2026·SEC

FY 2025

Oct 31, 2025·SEC

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NTGR Frequently Asked Questions

NETGEAR, Inc. (NTGR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is NETGEAR, Inc.'s revenue?

NETGEAR, Inc. (NTGR) reported $688.1M in revenue over the trailing twelve months. Revenue was $693.4M in fiscal year 2025. That is 192% more than the $237.3M of fiscal year 2002.

How fast is NETGEAR, Inc. growing?

NETGEAR, Inc. (NTGR) grew revenue by 2.9% in fiscal year 2025, compared with the prior fiscal year.

Is NTGR profitable?

No. NETGEAR, Inc. (NTGR) reported a net loss of $40.7M over the trailing twelve months.

Dividend & Returns
What is NTGR's return on equity?

NETGEAR, Inc. (NTGR) had a return on equity (ROE) of -6.3% in fiscal year 2025. A negative ROE means the company lost money over the period.

What is NETGEAR, Inc.'s free cash flow?

NETGEAR, Inc. (NTGR) had negative free cash flow of $19.4M over the trailing twelve months.

What if you invested $1,000 in NTGR back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →