
NETGEAR (NTGR) Stock Forecast & Price Target
NETGEAR (NTGR) Analyst Ratings
Bulls say
Netgear Inc. has demonstrated strong financial performance, with Networking for Business (NFB) revenue reaching $82.6 million, reflecting a 4.3% quarter-over-quarter growth and a significant 38.0% year-over-year increase. Additionally, the company's Home Networking segment reported revenues of $67.5 million, marking a 10.0% quarter-over-quarter rise and a 13.1% year-over-year gain, driven by an advantageous product mix. Furthermore, Netgear's gross margins across segments have expanded considerably, with NFB gross margins increasing by 1,300 basis points year-over-year and Home Networking gross margins improving by 830 basis points, indicating a robust operational efficiency and positive margin outlook.
Bears say
Netgear Inc. has experienced persistent challenges in its margin profile, with net gross margins (NG GMs) fluctuating between 27.1% and 33.9%, and a negative trend in net operating margins (NG OMs) from CY22A to CY24A after a positive year in CY21A. Additionally, a significant decline in mobile revenue, which fell by 16.1% year-over-year due to weaker service provider demand, further underscores the company's difficulties in maintaining sales growth. Compounding these issues, Netgear's ability to navigate an evolving market landscape and integrate acquisitions effectively may be hampered by potential operational disruptions and competitive pricing pressures, raising concerns about future performance.
This aggregate rating is based on analysts' research of NETGEAR and is not a guaranteed prediction by Public.com or investment advice.
NETGEAR (NTGR) Analyst Forecast & Price Prediction
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