Stock Rating Downgrade
The Value Trend Rating for NETGEAR Inc (NASDAQ: NTGR) weakened during the last several trading days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 2/7/25, NETGEAR Inc (NASDAQ: NTGR) stock enjoyed a large increase of 3.0%, closing at $29.39. Moreover, this advance was accompanied by unusually high trading volume at 169% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.9% during the last week.
Current PriceTarget Research Rating
NETGEAR has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. NETGEAR has a poor Appreciation Score of 27 but a very high Power Rating of 97, triggering the High Neutral Value Trend Rating.
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