Seaport Global Begins Coverage of NETGEAR (NTGR) with a Buy Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2025
0mins
Should l Buy NTGR?
Source: NASDAQ.COM
Coverage Initiation: Seaport Global initiated coverage of NETGEAR (NasdaqGS:NTGR) with a "Buy" recommendation on October 1, 2025, despite an average one-year price target suggesting a 3.17% downside from its current price of $33.71/share.
Institutional Ownership Trends: There are 462 funds reporting positions in NETGEAR, with a 7.44% increase in ownership over the last quarter, although total shares owned by institutions decreased by 2.74%.
Shareholder Activity: Pertento Partners increased its holdings in NETGEAR by 5.67%, while Brandes Investment Partners significantly reduced its stake by 87.01%. Other firms like American Century Companies and Vanguard also increased their allocations.
Market Sentiment: The put/call ratio for NETGEAR is 0.05, indicating a bullish outlook among investors, while projected annual revenue is expected to rise by 45.44% to $1,015 million.
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Analyst Views on NTGR
Wall Street analysts forecast NTGR stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 20.450
Low
40.00
Averages
40.00
High
40.00
Current: 20.450
Low
40.00
Averages
40.00
High
40.00
About NTGR
NETGEAR, Inc. is engaged in providing networking technologies for businesses, homes, and service providers. The Company’s segments include NETGEAR for Business, Home Networking and Mobile. The NETGEAR for Business segment focuses on businesses and provides solutions for business networking, wireless local area network (LAN), audio and video over Ethernet for Pro AV applications, security and remote management. The Home Networking segment focuses on consumers and provides high-performance, dependable and easy-to-use WiFi Internet networking solutions such as WiFi 6, WiFi 6E and WiFi 7 Tri-band and Quad-band mesh systems, routers, and subscription services that provide consumers with a range of value-added services focused on performance, security, privacy, and premium support. The Mobile segment focuses on both consumers and businesses and provides high-performance Mobile (4G/5G) products, including WiFi 7, WiFi 6/6E-enabled portable mobile hotspots and mobile routers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NETGEAR Grants Restricted Stock Units to Attract Talent
- Talent Attraction Initiative: NETGEAR has granted 27,000 restricted stock units (RSUs) under Nasdaq Listing Rule 5635(c)(4) to attract top talent who have not previously worked for the company, thereby enhancing its competitive edge.
- Stock Unit Structure: The RSUs will vest one-third on the one-year anniversary and one-twelfth in equal quarterly installments thereafter, ensuring employee retention during the vesting period and promoting long-term commitment to the company.
- Company Background: Founded in 1996 and headquartered in the USA, NETGEAR focuses on providing innovative networking solutions for businesses and homes, aiming to enhance connectivity performance and deliver extraordinary user experiences, thereby solidifying its market leadership.
- Market Positioning: NETGEAR's products include high-performance networking devices tailored to meet the diverse needs of small and medium enterprises while also offering consumers secure and powerful connectivity, aimed at improving online safety for families and enhancing brand loyalty.
See More
NETGEAR Grants Restricted Stock Units to Attract Talent
- Inducement Plan Launch: NETGEAR has announced the grant of 27,000 restricted stock units (RSUs) under its inducement plan, aimed at attracting new employees and enhancing the company's talent pool, in compliance with Nasdaq Listing Rule 5635(c)(4).
- Vesting Schedule: The granted RSUs will vest in three phases, with one-third vesting on the one-year anniversary of the grant and the remaining shares vesting in equal quarterly installments, ensuring continued employee contribution during their service.
- Company Background: Founded in 1996 and headquartered in the USA, NETGEAR is a global leader in intelligent networking solutions, dedicated to providing high-performance networking products for businesses and homes, catering to diverse market needs.
- Market Positioning: NETGEAR's offerings include switches, routers, and security software designed to enhance connectivity performance and user experience, particularly in the small and medium enterprise market, further solidifying its industry leadership.
See More
NETGEAR Reports Significant Revenue Growth in FY 2025
- Revenue Growth: NETGEAR achieved over $25 million in revenue growth for FY 2025, totaling $699.6 million, marking its first revenue increase since 2020, indicating successful strategic restructuring and operational execution.
- Record Gross Margin: The non-GAAP gross margin for Q4 reached 41.2%, up 160 basis points sequentially, reflecting strong enterprise performance and effective operational management, which enhances the company's competitive position in the market.
- Consumer Market Challenges: Despite strong enterprise performance, consumer segment revenue declined by 8.4% year-over-year, with a projected 35% decline in service provider-related revenue for 2026, posing potential pressures on overall revenue and profitability.
- Cautious Future Outlook: Management expects Q1 2026 net revenue between $145 million and $160 million, citing strong enterprise demand but softening consumer market conditions, while rising memory costs may create a gross margin headwind of approximately 100 basis points.
See More
NETGEAR Q4 Earnings Exceed Expectations
- Earnings Beat: NETGEAR reported a Q4 non-GAAP EPS of $0.26, surpassing expectations by $0.21, indicating strong profitability and boosting investor confidence in the company's financial health.
- Stable Revenue: The company achieved revenue of $182.5 million, flat year-over-year but exceeding the forecast of $177.26 million, demonstrating NETGEAR's ability to maintain revenue levels in a competitive market.
- Positive Market Reaction: The earnings beat is likely to positively impact NETGEAR's stock price, attracting more investor interest and potentially enhancing the company's market valuation.
- Optimistic Outlook: With ongoing technological innovations and sustained market demand, NETGEAR is positioned for continued profit growth in the coming quarters, solidifying its leadership in the networking equipment industry.
See More
NETGEAR Q4 Earnings Announcement Scheduled
- Earnings Release Date: NETGEAR (NTGR) is set to announce its Q4 earnings on February 4th after market close, with a consensus EPS estimate of $0.05, representing a significant year-over-year increase of 183.3%, indicating a strong recovery in profitability.
- Revenue Expectations: The revenue estimate stands at $177.26 million, reflecting a 2.8% year-over-year decline; however, the company has consistently beaten revenue estimates 100% over the past two years, showcasing its competitive edge and execution capabilities in the market.
- EPS Estimate Stability: Over the last three months, there have been no upward or downward revisions to EPS estimates, demonstrating analysts' confidence in the company's profitability, which further solidifies market optimism regarding its future performance.
- Revenue Estimate Adjustment: In contrast to EPS, revenue estimates have seen one upward revision, indicating a gradual recovery in market demand for NETGEAR's products, which could lead to improved performance for the company.
See More
CIEN Reports Strong Q4 Earnings Exceeding Expectations, Record Sales and AI Trends Boost Stock Price
Ciena Corporation's Strong Q4 Performance: Ciena reported a fourth-quarter fiscal 2025 adjusted EPS of 91 cents, exceeding estimates, with revenues rising 20.3% year over year to $1.35 billion, driven by strong demand in optical networking and AI infrastructure.
Market Position and Growth Outlook: Ciena has a $5 billion backlog and has gained market share in optical networking, positioning itself well for continued growth in 2026, with projected revenues of $5.7–$6.1 billion.
Financial Metrics and Shareholder Returns: The company achieved a non-GAAP adjusted gross margin of 43.4% and plans to repurchase approximately $330 million in shares in fiscal 2026, reflecting confidence in sustained demand.
Other Companies' Performance: NETGEAR, ADTRAN, and Corning also reported mixed results, with NETGEAR exceeding revenue expectations, while ADTRAN faced challenges despite top-line growth, and Corning benefited from strong sales in advanced products for AI applications.
See More
NETGEAR Grants Restricted Stock Units to Attract Talent
- Talent Attraction Initiative: NETGEAR has granted 27,000 restricted stock units (RSUs) under Nasdaq Listing Rule 5635(c)(4) to attract top talent who have not previously worked for the company, thereby enhancing its competitive edge.
- Stock Unit Structure: The RSUs will vest one-third on the one-year anniversary and one-twelfth in equal quarterly installments thereafter, ensuring employee retention during the vesting period and promoting long-term commitment to the company.
- Company Background: Founded in 1996 and headquartered in the USA, NETGEAR focuses on providing innovative networking solutions for businesses and homes, aiming to enhance connectivity performance and deliver extraordinary user experiences, thereby solidifying its market leadership.
- Market Positioning: NETGEAR's products include high-performance networking devices tailored to meet the diverse needs of small and medium enterprises while also offering consumers secure and powerful connectivity, aimed at improving online safety for families and enhancing brand loyalty.
See More
NETGEAR Grants Restricted Stock Units to Attract Talent
- Inducement Plan Launch: NETGEAR has announced the grant of 27,000 restricted stock units (RSUs) under its inducement plan, aimed at attracting new employees and enhancing the company's talent pool, in compliance with Nasdaq Listing Rule 5635(c)(4).
- Vesting Schedule: The granted RSUs will vest in three phases, with one-third vesting on the one-year anniversary of the grant and the remaining shares vesting in equal quarterly installments, ensuring continued employee contribution during their service.
- Company Background: Founded in 1996 and headquartered in the USA, NETGEAR is a global leader in intelligent networking solutions, dedicated to providing high-performance networking products for businesses and homes, catering to diverse market needs.
- Market Positioning: NETGEAR's offerings include switches, routers, and security software designed to enhance connectivity performance and user experience, particularly in the small and medium enterprise market, further solidifying its industry leadership.
See More
NETGEAR Reports Significant Revenue Growth in FY 2025
- Revenue Growth: NETGEAR achieved over $25 million in revenue growth for FY 2025, totaling $699.6 million, marking its first revenue increase since 2020, indicating successful strategic restructuring and operational execution.
- Record Gross Margin: The non-GAAP gross margin for Q4 reached 41.2%, up 160 basis points sequentially, reflecting strong enterprise performance and effective operational management, which enhances the company's competitive position in the market.
- Consumer Market Challenges: Despite strong enterprise performance, consumer segment revenue declined by 8.4% year-over-year, with a projected 35% decline in service provider-related revenue for 2026, posing potential pressures on overall revenue and profitability.
- Cautious Future Outlook: Management expects Q1 2026 net revenue between $145 million and $160 million, citing strong enterprise demand but softening consumer market conditions, while rising memory costs may create a gross margin headwind of approximately 100 basis points.
See More
NETGEAR Q4 Earnings Exceed Expectations
- Earnings Beat: NETGEAR reported a Q4 non-GAAP EPS of $0.26, surpassing expectations by $0.21, indicating strong profitability and boosting investor confidence in the company's financial health.
- Stable Revenue: The company achieved revenue of $182.5 million, flat year-over-year but exceeding the forecast of $177.26 million, demonstrating NETGEAR's ability to maintain revenue levels in a competitive market.
- Positive Market Reaction: The earnings beat is likely to positively impact NETGEAR's stock price, attracting more investor interest and potentially enhancing the company's market valuation.
- Optimistic Outlook: With ongoing technological innovations and sustained market demand, NETGEAR is positioned for continued profit growth in the coming quarters, solidifying its leadership in the networking equipment industry.
See More
NETGEAR Q4 Earnings Announcement Scheduled
- Earnings Release Date: NETGEAR (NTGR) is set to announce its Q4 earnings on February 4th after market close, with a consensus EPS estimate of $0.05, representing a significant year-over-year increase of 183.3%, indicating a strong recovery in profitability.
- Revenue Expectations: The revenue estimate stands at $177.26 million, reflecting a 2.8% year-over-year decline; however, the company has consistently beaten revenue estimates 100% over the past two years, showcasing its competitive edge and execution capabilities in the market.
- EPS Estimate Stability: Over the last three months, there have been no upward or downward revisions to EPS estimates, demonstrating analysts' confidence in the company's profitability, which further solidifies market optimism regarding its future performance.
- Revenue Estimate Adjustment: In contrast to EPS, revenue estimates have seen one upward revision, indicating a gradual recovery in market demand for NETGEAR's products, which could lead to improved performance for the company.
See More
CIEN Reports Strong Q4 Earnings Exceeding Expectations, Record Sales and AI Trends Boost Stock Price
Ciena Corporation's Strong Q4 Performance: Ciena reported a fourth-quarter fiscal 2025 adjusted EPS of 91 cents, exceeding estimates, with revenues rising 20.3% year over year to $1.35 billion, driven by strong demand in optical networking and AI infrastructure.
Market Position and Growth Outlook: Ciena has a $5 billion backlog and has gained market share in optical networking, positioning itself well for continued growth in 2026, with projected revenues of $5.7–$6.1 billion.
Financial Metrics and Shareholder Returns: The company achieved a non-GAAP adjusted gross margin of 43.4% and plans to repurchase approximately $330 million in shares in fiscal 2026, reflecting confidence in sustained demand.
Other Companies' Performance: NETGEAR, ADTRAN, and Corning also reported mixed results, with NETGEAR exceeding revenue expectations, while ADTRAN faced challenges despite top-line growth, and Corning benefited from strong sales in advanced products for AI applications.
See More
