Bank of America acquired 159,278 NETGEAR shares. NETGEAR stock gains 2.81 percent

Published on 10/01/2026 at 19:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EPS reached USD 0.16 versus USD 0.01 consensus in Q2 2026. NETGEAR stock costs EUR 20.10 on October 1, 2026 after EUR 19.55, up 2.81 percent.

NTGR, US64111Q1040, Illustration mit AI erstellt.

NETGEAR (ISIN US64111Q1040) was trading at EUR 20.10 at Lang & Schwarz on October 1, 2026 at 7:04 p.m. CEST, up 2.81 percent from the EUR 19.55 prior close. MarketBeat reported on September 30, 2026, that Bank of America acquired 159,278 NETGEAR shares during the second quarter. The institutional purchase adds a measurable ownership signal as the networking company approaches its next results date.

Institutional buying meets mixed results

NETGEAR reported adjusted earnings per share of USD 0.16 in the second quarter of 2026, exceeding the USD 0.01 consensus estimate by USD 0.15, according to MarketBeat. Revenue was USD 168.56 million against USD 157.80 million expected, while revenue declined 1.20 percent year over year.

The combination is important for the investment case: the quarter delivered a USD 0.15 adjusted earnings surprise, but the lower revenue trend shows that the earnings improvement has not yet translated into sales growth. NETGEAR's standardized financial data also show a GAAP net loss of USD 7.25 million for the second quarter of 2026.

Hold consensus and October results

MarketBeat said on September 18, 2026, that four analysts held a consensus rating of Hold, with two Buy ratings, one Hold rating and one Sell rating. The average 12-month price target was USD 36.50, compared with a reported recent price of USD 22.90, creating a wide gap between the target and the market quotation.

The next scheduled report is October 28, 2026, after the market closes, with expected revenue of USD 170.00 million and consensus earnings per share of negative USD 0.05, according to MarketBeat. That forecast gives the October release a clear test: sales are expected to exceed the second-quarter level, while earnings are again projected to remain negative.

NETGEAR stock stays below yearly high

NETGEAR is listed on NASDAQ under ticker NTGR, and its 52-week range is USD 19.00 to USD 36.86. The company has a market capitalization of USD 605.8 million as of October 1, 2026, while its share price remains closer to the yearly low than the yearly high.

At Lang & Schwarz, NETGEAR stock was trading at EUR 20.10 on October 1, 2026 at 7:04 p.m. CEST, after-hours and up 2.81 percent versus the EUR 19.55 prior close. The reference price is the euro quotation for German investors; the NASDAQ figures provide separate company and listing context.