Netgear traded at $23.56 this Friday October 2nd, increasing $0.66 or 2.88 percent since the previous trading session. Looking back, over the last four weeks, Netgear gained 11.71 percent. Over the last 12 months, its price fell by 28.80 percent. Looking ahead, we forecast Netgear to be priced at 23.05 by the end of this quarter and at 21.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
NETGEAR, Inc. delivers networking technologies and Internet connected products to consumers, businesses, and service providers. The Company operates through two segments: Connected Home, and Small and Medium Business (SMB). The Connected Home is focused on consumers and consists of Wi-Fi internet networking solutions such as Wi-Fi mesh systems, routers, 4G/5G mobile products, smart devices and value-added services, offering consumers cyber security, parental controls, extended warranty and support for their home networks and products. The Small and Medium Business is focused on home based, small and medium-sized businesses consisting of business networking, wireless LAN, storage, security solutions and valued added services, such as remote cloud management and support bringing enterprise-class functionality to small and medium-sized businesses. The Company’s geographic territories include Americas; Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).