NETGEAR stock gets a USD 30 Stifel price target

Published on 10/05/2026 at 14:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NETGEAR stock reported USD 168.56 million in Q2 revenue, while GAAP EPS was negative USD 0.27. Four analysts hold a Hold consensus.

NTGR, US64111Q1040, Illustration mit AI erstellt.

NETGEAR stock (ISIN US64111Q1040) closed at USD 23.56 on Nasdaq on October 2, 2026, up 2.88 percent for the session and 36.1 percent above its 52-week low of USD 19.00. On October 5, 2026, Stifel maintained its Buy rating and set a USD 30 price target, according to Benzinga.

Enterprise growth meets consumer pressure

The latest operating picture comes from Q2 2026, which ended June 28. NETGEAR generated USD 168.56 million in revenue and posted a GAAP loss of USD 0.27 per diluted share, according to Yahoo Finance.

The mix was uneven. Enterprise revenue reached USD 89.0 million, up 7.7 percent from the prior year, while consumer revenue fell 9.4 percent to USD 79.6 million in Q2 2026, according to Yahoo Finance. This split explains why revenue declined 1.2 percent year over year even as the enterprise business expanded.

Analysts see room above USD 23.56

MarketBeat reports a Hold consensus from four analysts, with two Buy ratings, one Hold rating and one Sell rating. The average 12-month price target is USD 36.50, which places the target 54.9 percent above the October 2 price of USD 23.56, according to MarketBeat.

The consensus range is narrow by comparison with the average target. MarketBeat lists a low target of USD 36.00 and a high target of USD 37.00, while the latest quarter combined a revenue beat with negative GAAP profitability. For investors, the central question is whether enterprise growth can offset continued weakness in consumer networking.

NETGEAR stock closes above USD 23

NETGEAR stock closed at USD 23.56 on Nasdaq on October 2, 2026. The session range was USD 23.25 to USD 23.78, volume was 273,999 shares and market capitalization was USD 640.4 million.