The price of NTGR is predicted to go up -2.13%, based on the high correlation periods with GGAL. The similarity of these two price pattern on the periods is 92.4%.
NTGR
GGAL
Down: -2.13%Similarity: 92.4%
NTGR Revenue Forecast
NTGR EPS Forecast
NTGR FAQs
What is bull’s view on NTGR?
NTGR stock is currently viewed bullishly by some analysts due to potential catalysts. Activist fund Windward Management estimates NTGR could reach $60, driven by a possible U.S. ban on TP-Link routers, which would boost NTGR's market share and margins. Additionally, the ongoing WiFi 7 upgrade cycle and NTGR's strong cash position further support this optimistic outlook.
What is bear's view on NTGR?
NTGR stock currently trades at $29.97, and bears might argue that its recent surge is overextended. The stock's sharp rise of 17% was driven by speculation of a TP-Link ban, which, while promising, remains uncertain. Without concrete regulatory action, NTGR's valuation could face downward pressure, especially given its reliance on this potential catalyst.
What is NTGR revenue forecast for next quarter?
The market consensus for NTGR's revenue in the upcoming quarter is projected to be approximately $152.242M USD.
What is NTGR eps forecast for next quarter?
The market consensus for NTGR's eps in the upcoming quarter is projected to be approximately $0.37 USD.
Raymond James raised the firm's price target on Netgear to $29 from $22 and keeps an Outperform rating on the shares. Netgear's Q4 results were better than expected for growth and margin, though initial Q1 guidance suggests revenue declines will persist, the analyst tells investors in a research note. Raymond James views 2025 as a transition year, where the business is likely to consume cash as growth accelerates, and potential regulatory action against consumer market share leader TP-Link could accelerate cash usage.