NTGR

Technology

NETGEAR, Inc. · Communication Equipment · $690M

UQS Score — Balanced Preset
25.2
Poor

NETGEAR, Inc. scores 25.2/100 using the Balanced preset.

UQS vs Technology Sector
NTGR
25.2
Sector avg
38.0
Quality
Weak
Moat
Weak
Growth
Weak
Risk
Neutral
Valuation
Neutral

What is NETGEAR, Inc.?

NETGEAR, Inc. is a San Jose-based networking company that designs and sells Wi-Fi routers, modems, switches, and connected home products to consumers and small businesses worldwide. The company serves both retail and business channels across multiple regions.

NETGEAR operates through two segments: Connected Home and Small and Medium Business. The Connected Home segment sells Wi-Fi routers, mesh systems, modems, range extenders, and value-added services like parental controls and cybersecurity subscriptions. The SMB segment provides Ethernet switches, Wi-Fi access points, and network storage solutions to small businesses, schools, and hospitality operators. Products reach customers through traditional retailers, online stores, wholesale distributors, and broadband service providers.

NETGEAR was incorporated in 1996 and is headquartered in San Jose, California.

  • Wi-Fi routers, mesh systems, and home broadband gateways
  • Broadband modems and Wi-Fi range extenders
  • Ethernet switches and SMB-grade access points
  • Subscription services including parental controls and cybersecurity protection
  • Local and remote network storage appliances for small businesses

Is NTGR a Good Stock to Buy?

UQS Score rates NTGR as Poor overall, reflecting broad weakness across most of the five quality pillars.

Among the five pillars, Risk and Valuation both register as Neutral — meaning the stock does not appear to carry extreme financial danger or an obviously stretched price relative to its fundamentals. These are the relative bright spots in an otherwise challenged profile.

Quality, Moat, and Growth all score as Weak, signaling that NETGEAR faces meaningful headwinds in competitive positioning, business durability, and top-line trajectory. These are core concerns for long-term investors.

Pro members can view the full pillar breakdown and underlying financial metrics to understand exactly where NETGEAR stands relative to sector peers. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does NTGR pay dividends?

No — NETGEAR, Inc. does not currently pay a dividend.

NETGEAR does not currently pay a dividend. For a company navigating competitive pressures and weak growth, retaining capital rather than distributing it can reflect a focus on operational stability. Income-oriented investors should note that NTGR does not offer a yield at this time.

When does NTGR report earnings?

NETGEAR reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.

Given the Weak ratings across Quality and Growth pillars, recent operating trends have been under pressure. Revenue trajectory and profitability metrics have faced headwinds typical of a maturing hardware business competing in a crowded market.

For the most recent quarter's results and management commentary, visit NETGEAR's investor relations page directly.

NTGR Price History

-31.2% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in NETGEAR, Inc.?

$
Today it would be worth
$7,119
That's a -28.8% total return, or -6.6% annualized.

Based on NETGEAR, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

NTGR Long-term Outlook

The combination of Weak Growth and Weak Quality pillars suggests NETGEAR's near-term fundamental outlook is challenging. The company operates in a commoditized networking hardware market where pricing pressure is persistent. Neutral Risk and Valuation ratings indicate the situation is not necessarily acute, but meaningful improvement would require a demonstrable shift in competitive positioning or a successful expansion of its subscription-based service revenue.

Growth drivers

  • Expansion of recurring subscription services such as cybersecurity and parental controls
  • SMB networking demand tied to hybrid work infrastructure upgrades
  • Potential share recovery in broadband access products as ISP partnerships evolve

Key risks

  • Intense price competition from larger networking hardware vendors
  • Continued erosion of consumer hardware margins in the Connected Home segment
  • Limited moat makes sustained revenue recovery structurally difficult

NTGR vs Peers

NTGR operates in a competitive technology landscape; the following companies appear in its peer context on UQS Score.

TSATNTGR scores higher
Telesat Corporation

Telesat focuses on satellite communications infrastructure, operating in a capital-intensive segment of connectivity that differs significantly from NETGEAR's consumer and SMB hardware model.

TSAT.TONTGR scores higher
Telesat Corporation

The Toronto-listed share class of Telesat represents the same satellite broadband business, offering Canadian market investors exposure to a connectivity infrastructure play distinct from NETGEAR's retail-oriented products.

FEIMNTGR scores lower
Frequency Electronics, Inc.

Frequency Electronics specializes in precision frequency control and timing products for defense and space applications, a niche technology market far removed from NETGEAR's consumer networking focus.

Frequently Asked Questions

What does NETGEAR do?

NETGEAR designs and sells networking products including Wi-Fi routers, mesh systems, broadband modems, and Ethernet switches. It serves both home consumers and small-to-medium businesses, and also offers subscription services like parental controls and cybersecurity protection through its Connected Home and SMB segments.

Does NTGR pay dividends?

No, NETGEAR does not currently pay a dividend. The company retains its capital rather than distributing it to shareholders, which is common for hardware companies managing competitive pressures. Investors seeking income should factor this into their assessment.

When does NTGR report earnings?

NETGEAR reports financial results on a quarterly basis, in line with standard US-listed company practice. For exact dates and the most recent earnings releases, check NETGEAR's official investor relations page.

Is NTGR a good stock to buy?

UQS Score rates NTGR as Poor, with Weak ratings across Quality, Moat, and Growth pillars. Risk and Valuation are Neutral, which tempers some downside concern, but the overall profile reflects significant fundamental challenges. Pro members can access the full breakdown to form their own view.

Is NTGR overvalued?

NTGR's Valuation pillar is rated Neutral, suggesting the stock is neither obviously expensive nor deeply discounted relative to its fundamentals. However, a Neutral valuation paired with Weak Quality and Growth means investors are not necessarily getting a bargain for the underlying business quality.

How does NTGR compare to its competitors?

NETGEAR's peer set on UQS Score includes Telesat Corporation and Frequency Electronics. These companies operate in satellite communications and precision electronics respectively — quite different from NETGEAR's consumer and SMB networking hardware focus. Full UQS Score comparisons are available to Pro members.

What is NTGR's market cap bracket?

NETGEAR is classified as a small-cap company. This places it in a tier where liquidity can be lower and business volatility tends to be higher than large- or mega-cap peers in the technology sector.

Who founded NETGEAR?

NETGEAR was incorporated in 1996. Founding and leadership history is publicly documented and available through the company's official website and SEC filings for those seeking detailed background on the company's origins.

Is NTGR a long-term quality investment?

As a long-term quality indicator, NTGR's Poor UQS Score raises meaningful concerns. Weak Moat and Quality ratings suggest the business lacks strong structural advantages that typically support durable long-term performance. Investors focused on quality compounding may find stronger candidates elsewhere in the technology sector.

What is the main competitive advantage of NETGEAR?

NETGEAR's Moat pillar is rated Weak, indicating limited structural competitive advantages at this time. The company has brand recognition in consumer networking, but operates in a commoditized market where larger players and low-cost competitors create persistent pricing pressure.

What sector does NTGR belong to?

NETGEAR is classified in the Technology sector. More specifically, it operates in networking hardware and connected devices — a segment that includes both consumer electronics and business infrastructure products.

Is NTGR a growth stock or value stock?

With a Weak Growth pillar and a Neutral Valuation pillar, NTGR does not fit cleanly into either category. It lacks the revenue acceleration associated with growth stocks, and while valuation is not stretched, the underlying business quality does not make a compelling value case on its own.

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Pro Analysis

NTGR — Score History

1520253035Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 11 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 22, 202625.28.312.024.443.158.3+3.2
May 10, 202622.00.012.024.436.957.5-0.2
May 8, 202622.20.012.024.436.958.2-3.1
May 7, 202625.38.312.024.444.158.4-0.1
May 3, 202625.48.312.024.444.158.6+0.1
May 2, 202625.38.312.024.444.158.4+0.1
Apr 26, 202625.28.312.024.744.157.3+0.1
Apr 19, 202625.18.312.024.744.156.5-0.3
Apr 14, 202625.48.312.024.744.158.30.0
Apr 5, 202625.48.312.024.744.158.40.0

NTGR — Pillar Breakdown

Quality

8.3/100 (25%)

NETGEAR, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsModerate

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

24.4/100 (20%)

NETGEAR, Inc. faces growth headwinds with declining or stagnant revenue trends.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

43.1/100 (15%)

NETGEAR, Inc. has some risk factors including moderate leverage or solvency concerns.

Financial LeverageWeak

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioStrong

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

58.3/100 (15%)

NETGEAR, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.

Earnings YieldWeak

Inverse of forward P/E — higher yield means cheaper stock.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

Moat

12/100 (25%)

NETGEAR, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NTGR.

Score Composition

Quality
8.3×25%2.1
Growth
24.4×20%4.9
Risk
43.1×15%6.5
Valuation
58.3×15%8.7
Moat
12.0×25%3.0
Total
25.2Poor

Financial Data

More Stock Analysis

How is the NTGR UQS Score Calculated?

The UQS (Unified Quality Score) for NETGEAR, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses NETGEAR, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether NETGEAR, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.