NETGEAR (NASDAQ:NTGR) Price Target Cut to $30.00 by Analysts at Stifel Nicolaus

Posted by George Bondi on Oct 6th, 2026

NETGEAR (NASDAQ:NTGR – Free Report) had its price objective cut by Stifel Nicolaus from $36.00 to $30.00 in a report issued on Monday morning, Marketbeat reports. They currently have a buy rating on the communications equipment provider’s stock.

A number of other equities research analysts also recently weighed in on NTGR. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NETGEAR in a research report on Monday, September 21st. Wall Street Zen raised shares of NETGEAR from a “sell” rating to a “hold” rating in a report on Sunday, September 6th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $33.50.

Check Out Our Latest Report on NETGEAR

NETGEAR Price Performance

Shares of NTGR opened at $22.94 on Monday. The business’s fifty day moving average price is $22.38 and its 200 day moving average price is $23.54. NETGEAR has a 12-month low of $19.00 and a 12-month high of $36.86. The stock has a market capitalization of $623.51 million, a PE ratio of -24.67 and a beta of 1.15.

NETGEAR (NASDAQ:NTGR – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The communications equipment provider reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.15. The firm had revenue of $168.56 million during the quarter, compared to the consensus estimate of $157.80 million. NETGEAR had a negative net margin of 3.71% and a negative return on equity of 2.79%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.06 earnings per share. As a group, research analysts anticipate that NETGEAR will post -0.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other NETGEAR news, insider Pramod Badjate sold 3,000 shares of NETGEAR stock in a transaction on Friday, July 31st. The stock was sold at an average price of $23.88, for a total transaction of $71,640.00. Following the sale, the insider owned 154,073 shares of the company’s stock, valued at $3,679,263.24. The trade was a 1.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 3.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NTGR. BlackRock Inc. bought a new position in shares of NETGEAR in the second quarter valued at approximately $82,799,000. Concentric Capital Strategies LP bought a new stake in NETGEAR during the fourth quarter worth approximately $7,020,000. Renaissance Technologies LLC lifted its position in NETGEAR by 77.8% in the first quarter. Renaissance Technologies LLC now owns 557,462 shares of the communications equipment provider’s stock worth $12,175,000 after purchasing an additional 243,843 shares during the period. OP Asset Management Ltd acquired a new stake in NETGEAR in the first quarter worth approximately $5,266,000. Finally, Wellington Management Group LLP increased its position in shares of NETGEAR by 75.0% during the 2nd quarter. Wellington Management Group LLP now owns 428,011 shares of the communications equipment provider’s stock valued at $9,994,000 after purchasing an additional 183,495 shares during the period. Institutional investors own 82.97% of the company’s stock.

About NETGEAR

(Get Free Report)

NETGEAR, Inc (NASDAQ: NTGR) develops and markets networking products and related services for consumers, businesses and service providers. Its portfolio is designed to provide wired and wireless connectivity, internet access, network management and security for homes, offices and other environments.

The company’s products include Wi-Fi routers and mesh systems, cable modems, wireless access points, range extenders, switches and other networking hardware. NETGEAR also offers business-oriented networking solutions, including managed and unmanaged switches, wireless systems and storage products, as well as subscription-based services such as network security and monitoring for compatible devices.

Founded in 1996 and headquartered in San Jose, California, NETGEAR sells its products through retailers, e-commerce channels, value-added resellers, distributors and internet service providers.