NETGEAR (NTGR)

• Market cap: $696M
• 1 day: 0.50%
• 5 days: 9.44%
• 1 month: -1.39%
• 3 months: -13.11%
• 6 months: 16.63%
• Year to date: -11.16%
• 1 year: 63.19%
• 5 years: 0.58%
• 10 years: -20.32%
• Sector: Technology
• Industry: Communication Equipment

About: Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions, and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and NETGEAR specializes in providing networking solutions for businesses, including wireless LAN, Pro AV applications for audio and video over Ethernet, security, and remote management.

Employees: 635

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

235% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 17

194% more call options, than puts

Call options by funds: $17.5M | Put options by funds: $5.96M

44% more capital invested

Capital invested by funds: $474M [Q3] → $681M (+$207M) [Q4]

26% more funds holding

Funds holding: 151 [Q3] → 190 (+39) [Q4]

25% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 51

2.58% more ownership

Funds ownership: 82.35% [Q3] → 84.93% (+2.58%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $29 20% upside
• Avg. target: $29 20% upside
• High target: $29 20% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Raymond James Adam Tindle 45% 1-year accuracy 5 / 11 met price target

20% upside $29

Outperform Maintained

6 Feb 2025