NETGEAR Future Growth
Future criteria checks 0/6
NETGEAR's earnings are forecast to decline at 7.6% per annum while its annual revenue is expected to grow at 2.6% per year. EPS is expected to decline by 3.7% per annum.
Key information
-7.6%
Earnings growth rate
-3.71%
EPS growth rate
| Communications earnings growth | 23.4% |
| Revenue growth rate | 2.6% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 30 Apr 2026 |
Recent future growth updates
Recent updates
Narrative Update • May 13
NTGR: Share Repurchases And Repriced P/E Will Shape Future Returns
Analysts have trimmed their price target on NETGEAR to $35.00 from $36.67, reflecting updated assumptions around slightly lower revenue growth, a higher discount rate, a modestly higher profit margin, and a reduced future P/E outlook. What's in the News From January 1, 2026 to March 27, 2026, NETGEAR repurchased 928,778 shares, representing 3.32% of its stock, for US$20 million under its existing buyback program (Key Developments).Narrative Update • Apr 23
NTGR: Repriced P/E Assumptions Will Shape Future Earnings Power
Analysts trimmed their price target on NETGEAR by $4, reflecting updated views on discount rates, profit margins, and forward P/E assumptions, while keeping fair value estimates in line with prior work. Analyst Commentary Analysts see the $4 price target cut as a recalibration rather than a complete reset.Narrative Update • Apr 08
NTGR: Repriced P/E And Margin Outlook Will Drive Future Cash Flows
Analysts reduced their price target on NETGEAR by $4 to reflect updated assumptions regarding discount rates, profit margin expectations, and future P/E levels. Analyst Commentary Bullish Takeaways Bullish analysts view the refreshed P/E assumptions as more realistic, which they see as helpful for grounding expectations around what investors are willing to pay for NETGEAR's earnings profile.Narrative Update • Mar 25
NTGR: Repriced P/E Framework Will Highlight Execution On Margins And Cash Flows
The analyst price target for NETGEAR has been reduced by $4, as analysts recalibrate their models to reflect updated discount rate, revenue growth, profit margin, and forward P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the updated price target cut of $4 as a recalibration to refreshed discount rate and P/E inputs rather than a shift in the core long term thesis on NETGEAR.Seeking Alpha • Mar 24
NetGear: FCC Ban Decision Can Be Seen As Favorable - Or Maybe Not
Summary Netgear, Inc. shows operational improvement, driven by enterprise segment growth and a 900bps gross margin increase in 2025, but remains unprofitable. NTGR's forward P/E of 181 is not justified by its modest 4% annual revenue growth and ongoing consumer segment declines. The FCC's proposed ban on foreign-made routers sparked a share price spike, but NTGR lacks U.S. manufacturing and faces potential cost pressures if forced to reshore. I maintain a cautious stance, expecting the rally to fade and awaiting management's response to regulatory changes before considering a position. Read the full article on Seeking AlphaNarrative Update • Mar 11
NTGR: Reset P/E And Margin Focus Will Support Future Upside
Analysts have trimmed their price target on NETGEAR by $4, reflecting updated views on discount rates, profit margin assumptions, and a lower future P/E multiple. Analyst Commentary Analysts trimming the price target by $4 signals a recalibration of expectations rather than a complete shift in view.Narrative Update • Feb 25
NTGR: Conservative Repricing Will Support Future Demand And Margin Expansion
Analysts trimmed their price target on NETGEAR by $4, citing updated assumptions around discount rates, profit margins and future P/E expectations that slightly recalibrate their view of the stock’s risk and earnings profile. Analyst Commentary Bullish Takeaways Bullish analysts see the updated price target as a recalibration rather than a thesis change, with adjustments tied to refreshed discount rate and P/E inputs rather than a new fundamental datapoint.Narrative Update • Feb 11
NTGR: Proposed TP-Link Ban Will Drive Future Demand And Margin Expansion
Analysts have trimmed their price target on NETGEAR from US$39.00 to about US$36.67, citing updated expectations around growth, profitability, and future P/E multiples reflected in recent research such as the Stifel target cut. Analyst Commentary Bullish Takeaways Bullish analysts see the revised price target of about US$36.67 as still allowing for upside if management can execute on growth and profitability initiatives implied in the updated models.Narrative Update • Jan 26
NTGR: Proposed TP-Link Ban Will Support Future Demand And Margin Expansion
Analysts have maintained their NETGEAR fair value estimate at $39.00. The latest price target update reflects revised views on profit margin potential and a slightly lower assumed future P/E multiple.Narrative Update • Jan 11
NTGR: Proposed TP-Link Ban Will Support Future Share And Product Demand
Analysts have adjusted their price targets for NETGEAR to reflect updated assumptions on profit margins and a higher forward P/E multiple, resulting in a revised fair value estimate of US$39.00. What's in the News The U.S. Commerce Department has proposed banning sales of TP-Link products, citing national security concerns related to ties to China, and NETGEAR was named among competing networking vendors in the same space (Washington Post).Narrative Update • Dec 13
NTGR: Proposed TP-Link Ban Will Support Future Market Share Gains
Analysts have nudged their price target on NETGEAR modestly higher to approximately $39.00, reflecting slight adjustments to the discount rate and forward valuation assumptions, even as profit margin expectations ease marginally. What's in the News Netgear shares surged about 10%, with the stock trading near $36.50, after reports that the U.S. administration may restrict TP-Link's operations in the country on national security grounds, potentially easing competitive pressure in consumer networking hardware (Bloomberg).Analysis Article • Dec 02
Investors Don't See Light At End Of NETGEAR, Inc.'s (NASDAQ:NTGR) Tunnel And Push Stock Down 26%
NETGEAR, Inc. ( NASDAQ:NTGR ) shareholders won't be pleased to see that the share price has had a very rough month...Narrative Update • Nov 29
NTGR: Market Share Is Set To Rise Amid Proposed TP-Link Ban
Analysts have maintained their price target for NETGEAR at $39.00. There have been minor adjustments in their forecasts for growth, profitability, and valuation metrics, which reflect a stable outlook on the company’s performance.Narrative Update • Nov 14
NTGR: Market Share Will Benefit From Proposed TP-Link Restrictions
Analysts have raised their fair value estimate for NETGEAR shares from $36.33 to $39.00. They cite improved growth projections, higher profit margins, and expansion opportunities within professional AV and home networking markets as key factors for this adjustment.Analysis Article • Nov 01
NETGEAR, Inc. (NASDAQ:NTGR) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
A week ago, NETGEAR, Inc. ( NASDAQ:NTGR ) came out with a strong set of third-quarter numbers that could potentially...Narrative Update • Oct 31
NTGR: ProAV Expansion And Market Shifts Will Drive Steady Upside Amid Competition
Analysts have raised their price target for NETGEAR from $34.67 to $36.33. They cited improved revenue growth prospects, a steady profit margin, and enhanced opportunities within ProAV, Home Networking, and subscription services.Narrative Update • Oct 16
Expanding ProAV And Cloud Networking Will Raise Stakes Despite Risks
Narrative Update on NETGEAR Analysts have raised their price target for NETGEAR by approximately $2.67 to $34.67. This adjustment is attributed to stronger profit margins and enhanced growth opportunities across key business segments.Analysis Article • Oct 10
There's No Escaping NETGEAR, Inc.'s (NASDAQ:NTGR) Muted Revenues Despite A 27% Share Price Rise
NETGEAR, Inc. ( NASDAQ:NTGR ) shareholders have had their patience rewarded with a 27% share price jump in the last...Analysis Article • Sep 30
Is It Time To Consider Buying NETGEAR, Inc. (NASDAQ:NTGR)?
NETGEAR, Inc. ( NASDAQ:NTGR ), might not be a large cap stock, but it led the NASDAQGS gainers with a relatively large...New Narrative • Aug 24
Expanding ProAV And Cloud Networking Will Raise Stakes Despite Risks
Key Takeaways Shift toward enterprise networking, cloud-managed solutions, and services is enhancing high-margin, recurring revenue streams and supporting sustained margin improvement. Expanded premium home networking portfolio and strengthened cybersecurity positioning are enabling greater market share in both consumer and enterprise segments.Analysis Article • Aug 02
NETGEAR, Inc. (NASDAQ:NTGR) Analysts Are Pretty Bullish On The Stock After Recent Results
NETGEAR, Inc. ( NASDAQ:NTGR ) defied analyst predictions to release its quarterly results, which were ahead of market...Analysis Article • Jun 15
What Does NETGEAR, Inc.'s (NASDAQ:NTGR) Share Price Indicate?
NETGEAR, Inc. ( NASDAQ:NTGR ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Apr 04
Subdued Growth No Barrier To NETGEAR, Inc.'s (NASDAQ:NTGR) Price
With a median price-to-sales (or "P/S") ratio of close to 1.4x in the Communications industry in the United States, you...Analysis Article • Feb 13
NETGEAR's (NASDAQ:NTGR) Solid Earnings Have Been Accounted For Conservatively
Following the solid earnings report from NETGEAR, Inc. ( NASDAQ:NTGR ), the market responded by bidding up the stock...Seeking Alpha • Feb 07
Improving Balance Sheet Makes Netgear Appealing, But More Work Remains
Summary Netgear's Q4 earnings beat expectations, with non-GAAP EPS up by 18¢ and revenue $14.95 million higher, despite recent growth challenges and restructuring efforts. The company's balance sheet is strong, with $14.27 per share in cash and investments, and a current ratio of 2.81, indicating financial stability. Focus on high-margin segments like ProAV and Netgear for Business (NFB) is expected to drive future revenue growth, despite current supply chain issues. Netgear's share repurchases and improved cash flow highlight a commitment to returning value to shareholders, but profitability remains a work in progress. Read the full article on Seeking AlphaAnalysis Article • Jan 24
Is It Time To Consider Buying NETGEAR, Inc. (NASDAQ:NTGR)?
NETGEAR, Inc. ( NASDAQ:NTGR ), is not the largest company out there, but it led the NASDAQGS gainers with a relatively...Seeking Alpha • Nov 27
Netgear: Shares Seem To Be Disconnected From The Company's Performance
Summary Netgear, Inc.'s share price nearly doubled despite continued operational decline; I maintain a hold rating due to a lack of substantial performance turnaround. Q3 results show mixed performance: NFB segment grew 13% y/y, but Connected Home declined 18% y/y, leading to overall lackluster top line performance. The $100m litigation settlement improved liquidity, but operational performance remains disappointing, with declining margins and elevated inventory levels. Management expects continued unprofitability into 2025; without significant improvements, I doubt the sustainability of recent share price gains. Read the full article on Seeking AlphaAnalysis Article • Oct 09
NETGEAR, Inc.'s (NASDAQ:NTGR) 31% Share Price Surge Not Quite Adding Up
NETGEAR, Inc. ( NASDAQ:NTGR ) shares have continued their recent momentum with a 31% gain in the last month alone...Seeking Alpha • Sep 12
What To Do After Netgear Jumped By Over 30%
Summary Netgear, Inc. reported weak Q2 revenue but raised Q3 sales guidance yesterday, boosting investor confidence and stock price by 32%. Watch Netgear's cash and free cash flow improvements. New 5G product launches and business investments show promise. Investors should consider a speculative position after the current selling pressure eases, as NTGR's revenue outlook improves with product upgrades. Read the full article on Seeking AlphaAnalysis Article • May 03
Sentiment Still Eluding NETGEAR, Inc. (NASDAQ:NTGR)
When close to half the companies operating in the Communications industry in the United States have price-to-sales...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2027 | 724 | -31 | N/A | N/A | 3 |
| 12/31/2026 | 670 | -46 | N/A | N/A | 3 |
| 3/29/2026 | 696 | -25 | -11 | 12 | N/A |
| 12/31/2025 | 700 | -18 | -19 | 2 | N/A |
| 9/28/2025 | 700 | -26 | -14 | 4 | N/A |
| 6/29/2025 | 698 | 64 | 110 | 119 | N/A |
| 3/30/2025 | 671 | 25 | 131 | 139 | N/A |
| 12/31/2024 | 674 | 12 | 156 | 165 | N/A |
| 9/29/2024 | 680 | 20 | 191 | 200 | N/A |
| 6/30/2024 | 695 | -150 | 109 | 118 | N/A |
| 3/31/2024 | 725 | -114 | 57 | 65 | N/A |
| 12/31/2023 | 741 | -105 | 51 | 57 | N/A |
| 10/1/2023 | 801 | -109 | -10 | -4 | N/A |
| 7/2/2023 | 853 | -22 | -51 | -46 | N/A |
| 4/2/2023 | 903 | -21 | -12 | -6 | N/A |
| 12/31/2022 | 932 | -69 | -19 | -14 | N/A |
| 10/2/2022 | 935 | -64 | -12 | -5 | N/A |
| 7/3/2022 | 975 | -57 | -14 | -7 | N/A |
| 4/3/2022 | 1,061 | -31 | -26 | -17 | N/A |
| 12/31/2021 | 1,168 | 49 | -14 | -5 | N/A |
| 10/3/2021 | 1,284 | 81 | 26 | 38 | N/A |
| 6/27/2021 | 1,372 | 97 | 86 | 97 | N/A |
| 3/28/2021 | 1,343 | 85 | 155 | 166 | N/A |
| 12/31/2020 | 1,255 | 58 | 171 | 181 | N/A |
| 9/27/2020 | 1,141 | 27 | 176 | 185 | N/A |
| 6/28/2020 | 1,029 | 14 | 107 | 116 | N/A |
| 3/29/2020 | 980 | 9 | 70 | 80 | N/A |
| 12/31/2019 | 999 | 26 | N/A | 14 | N/A |
| 9/29/2019 | 1,035 | 26 | N/A | -213 | N/A |
| 6/30/2019 | 1,038 | 29 | N/A | -153 | N/A |
| 3/31/2019 | 1,063 | 29 | N/A | -197 | N/A |
| 12/31/2018 | 1,059 | 17 | N/A | -103 | N/A |
| 9/30/2018 | 799 | -45 | N/A | 60 | N/A |
| 7/1/2018 | 885 | -40 | N/A | 124 | N/A |
| 4/1/2018 | 961 | -26 | N/A | 135 | N/A |
| 12/31/2017 | 1,039 | -11 | N/A | 88 | N/A |
| 10/1/2017 | 1,378 | 73 | N/A | 86 | N/A |
| 7/2/2017 | 1,361 | 74 | N/A | 31 | N/A |
| 4/2/2017 | 1,342 | 75 | N/A | 65 | N/A |
| 12/31/2016 | 1,143 | 70 | N/A | 118 | N/A |
| 10/2/2016 | 1,321 | 76 | N/A | 128 | N/A |
| 7/3/2016 | 1,325 | 70 | N/A | 162 | N/A |
| 4/3/2016 | 1,302 | 57 | N/A | 173 | N/A |
| 12/31/2015 | 1,301 | 49 | N/A | 111 | N/A |
| 9/27/2015 | 1,293 | -14 | N/A | 157 | N/A |
| 6/28/2015 | 1,304 | -9 | N/A | 105 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTGR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NTGR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NTGR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NTGR's revenue (2.6% per year) is forecast to grow slower than the US market (11.6% per year).
High Growth Revenue: NTGR's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NTGR's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 18:02 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2026/03/29 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NETGEAR, Inc. is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Kvaal | Barclays |
| Woo Ho | BofA Global Research |
| Samuel Wilson | Citizens JMP Securities, LLC |