Netgear, Inc. Crushes It on Arlo Demand
Netgear (NASDAQ: NTGR) announced stronger-than-expected second-quarter 2017 results on Wednesday, including solid demand for its Arlo security cameras, Orbi Wi-Fi systems, and Nighthawk networking products, after the market closed. Shares of the wireless networking hardware specialist jumped nearly 12% on the day when all was said and done.
Let's adjust our antennas, then, to get a clearer view of Netgear's performance over the past few months, as well as what investors can expect from the company going forward.
IMAGE SOURCE: NETGEAR.
Source: Fool.com
Netgear Inc. Stock
€15.00
2.740%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Netgear Inc. stock is not clear.
With a target price of 22 € there is a positive potential of 46.67% for Netgear Inc. compared to the current price of 15.0 €.
