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NETGEAR, Inc.

NTGR

Technology · 23.29 +1.4% today

Isolated · not yet confirmedMarket checked 5 Oct, 13:45 GMT-4

Market read

No connected market move is active around NETGEAR, Inc..

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 27 directly disclosed connections are confirming.

Company+1.4% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • NTGR's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if NTGR's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Communication Equipment

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 27 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • NTGR's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Oct 5, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations335
Usable filing statements195
Verified relationships15
Evidence supporting the case
  • Demand and volume has repeated favorable evidence across 4 filings.
  • Input and raw-material costs has repeated favorable evidence across 4 filings.
  • Product pipeline and R&D has repeated favorable evidence across 4 filings.
  • Supply chain and availability has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Operating margin changed -6.7 percentage points in the latest annual period.
  • Net margin changed -4.4 percentage points in the latest annual period.
  • Macroeconomic conditions has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
  • EV/sales is 68% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 2, 2026

23.56
6m+6.8%12m-19.1%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.2B-6.9%$1.59+1.2%
2022-12-31$932.5M-20.2%$-2.38-6.4%
2023-12-31$740.8M-20.6%$-3.57+1.2%
2024-12-31$673.8M-9.1%$0.42+1.1%
2025-12-31$699.6M+3.8%$-0.63-3.6%

What management says matters

Persistent and emerging business drivers

Demand and volumepositive · 4 filings
“Enterprise Segment Three Months Ended (In thousands, except percentage data) March 29, 2026 % Change March 30, 2025 Net revenue $ 83,802 5.8% $ 79,191 Percentage of net revenue 52.8% 48.9% Contribution income $ 20,057 13.7% $ 17,635 Contribution margin 23.9%…”
10-Q · May 1, 2026 ↗
Foreign exchangemixed · 4 filings
“The Company enters into non-designated hedges that are generally expected to offset the changes in value of its net non-functional currency asset and liability position resulting from foreign exchange rate fluctuations.”
10-Q · May 1, 2026 ↗
Input and raw-material costspositive · 4 filings
“Cost of Revenue and Gross Margin Cost of revenue consists primarily of the following: the cost of finished products from our third party manufacturers; overhead costs, including purchasing, product planning, inventory control, warehousing and distribution log…”
10-Q · May 1, 2026 ↗
Macroeconomic conditionsnegative · 4 filings
“The evolving trade environment may also exacerbate broader macroeconomic and financial market weakness, including decreased consumer spending, inflationary pressures affecting interest rates, exchange rate volatility, and financing challenges due to market in…”
10-Q · May 1, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.0× · EV/sales 0.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

23.29+1.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 5 Oct, 13:45 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for NTGR. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for NTGR. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind NTGR

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

INGMIngram Micro Holding CorporationdistributorMay 1, 2026 ▾

“Our main wholesale distributors include Ingram Micro, TD Synnex, and D&H Distribution Company.”

SNXTD SYNNEX CorporationdistributorMay 1, 2026 ▾

“Our main wholesale distributors include Ingram Micro, TD Synnex, and D&H Distribution Company.”

Depended on by

SWKSSkyworks Solutions, Inc.customerNov 7, 2025 ▾

“Our key customers include Amazon, Apple Inc.”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 28 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

NTGR is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for NTGR; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.