Netgear (NASDAQ:NTGR) Stock

Netgear

Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: NETGEAR for Business and Connected Home which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Connected Home segment offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.

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NTGR


NETGEAR Inc. (NASDAQ:NTGR) manufactures a wide range of networking products for consumers and businesses worldwide. Its devices, including routers, switches, and modems, help to enhance internet connectivity.
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Netgear Inc

Raymond James analyst Adam Tindle maintains Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) with a Outperform and raises the price target from $22 to $29.

Price Target

Analyst Ratings

Raymond James Maintains Outperform on Netgear, Raises Price Target to $29

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Netgear shares are trading lower after the company issued Q1 revenue guidance below estimates.

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) reported its Q4 earnings results on Wednesday, February 5, 2025 at 04:05 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Netgear beat estimated earnings by 75.0%, reporting an EPS of $-0.06 versus an estimate of $-0.24.
Revenue was down $6.25 million from the same period last year.
<h3>Past Earnings Performance</h3>
During the previous quarter, the company beat on EPS by $0.21, leading to a 6.0% increase share price change the next day.
Here's a look at Netgear's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.81</td>
<td>-0.28</td>
<td>0.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.17</td>
<td>-0.74</td>
<td>-0.28</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>175.01M</td>
<td>132.94M</td>
<td>163.85M</td>
<td>185.14M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>182.85M</td>
<td>143.90M</td>
<td>164.59M</td>
<td>188.67M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Netgear <a href="https://www.benzinga.com/quote/NTGR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Netgear Earnings Review: Q4 Summary

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) announced its Q4 earnings on Wednesday, February 5, 2025 at 04:05 PM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Netgear beat estimated earnings by 75.0%, reporting an EPS of $-0.06 versus an estimate of $-0.24.
Revenue was down $6.25 million from the same period last year.
<h3>Earnings History Overview</h3>
The company beat on EPS by $0.21 in the previous quarter, leading to a 6.0% increase share price change the next day.
Here's a look at Netgear's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.81</td>
<td>-0.28</td>
<td>0.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.17</td>
<td>-0.74</td>
<td>-0.28</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>175.01M</td>
<td>132.94M</td>
<td>163.85M</td>
<td>185.14M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>182.85M</td>
<td>143.90M</td>
<td>164.59M</td>
<td>188.67M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Netgear <a href="https://www.benzinga.com/quote/NTGR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Breakdown: Netgear Q4

The earnings results for Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) for Q4 were made public on Wednesday, February 5, 2025 at 04:05 PM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Netgear beat estimated earnings by 75.0%, reporting an EPS of $-0.06 versus an estimate of $-0.24.
Revenue was down $6.25 million from the same period last year.
<h3>Historical Earnings Summary</h3>
During the previous quarter, the company beat on EPS by $0.21, leading to a 6.0% increase share price change the next day.
Here's a look at Netgear's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.81</td>
<td>-0.28</td>
<td>0.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.17</td>
<td>-0.74</td>
<td>-0.28</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>175.01M</td>
<td>132.94M</td>
<td>163.85M</td>
<td>185.14M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>182.85M</td>
<td>143.90M</td>
<td>164.59M</td>
<td>188.67M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Netgear <a href="https://www.benzinga.com/quote/NTGR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Netgear Q4 Earnings Summary & Key Takeaways

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) reported its Q4 earnings results on Wednesday, February 5, 2025 at 04:05 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Netgear beat estimated earnings by 75.0%, reporting an EPS of $-0.06 versus an estimate of $-0.24.
Revenue was down $6.25 million from the same period last year.
<h3>Analysis of Past Earnings</h3>
Last quarter the company beat on EPS by $0.21 which was followed by a 6.0% increase in the share price the next day.
Here's a look at Netgear's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.81</td>
<td>-0.28</td>
<td>0.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.17</td>
<td>-0.74</td>
<td>-0.28</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>175.01M</td>
<td>132.94M</td>
<td>163.85M</td>
<td>185.14M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>182.85M</td>
<td>143.90M</td>
<td>164.59M</td>
<td>188.67M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Netgear <a href="https://www.benzinga.com/quote/NTGR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Netgear: Q4 Earnings Insights

The earnings results for Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) for Q4 were made public on Wednesday, February 5, 2025 at 04:05 PM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Netgear beat estimated earnings by 75.0%, reporting an EPS of $-0.06 versus an estimate of $-0.24.
Revenue was down $6.25 million from the same period last year.
<h3>Previous Earnings Records</h3>
The company beat on EPS by $0.21 in the previous quarter, leading to a 6.0% increase share price change the next day.
Here's a look at Netgear's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.81</td>
<td>-0.28</td>
<td>0.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.17</td>
<td>-0.74</td>
<td>-0.28</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>175.01M</td>
<td>132.94M</td>
<td>163.85M</td>
<td>185.14M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>182.85M</td>
<td>143.90M</td>
<td>164.59M</td>
<td>188.67M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Netgear <a href="https://www.benzinga.com/quote/NTGR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Summary: Netgear Q4

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) sees Q1 sales of $145.000 million-160.000 million vs $169.38 million estimate.

Guidance

Netgear Sees Q1 2025 Sales $145.000M-160.000M vs $169.38M Est

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.24) by 75 percent. This is a 166.67 percent decrease over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $182.42 million which beat the analyst consensus estimate of $167.47 million by 8.93 percent. This is a 3.32 percent decrease over sales of $188.67 million the same period last year.

Earnings Beats

Netgear Q4 Adj $(0.06) Beats $(0.24) Estimate, Sales $182.42M Beat $167.47M Estimate

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Earnings Scheduled For February 5, 2025

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Shares of companies within the broader tech sector are trading lower amid AI competition concerns from China's DeepSeek AI model.

<h3>Gainers</h3>
<ul>
<li>Glimpse Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) stock rose 24.5% to $1.98 during Wednesday's pre-market session. The market value of their outstanding shares is at $35.9 million. </li>
<li>CommScope Hldg Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COMM#NASDAQ">COMM</a>) stock moved upwards by 21.21% to $6.8. The market value of their outstanding shares is at $1.4 billion. </li>
<li>Cambium Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMBM#NASDAQ">CMBM</a>) stock increased by 20.82% to $0.8. The market value of their outstanding shares is at $22.5 million. </li>
<li>Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares increased by 18.57% to $30.45. The company's market cap stands at $885.2 million. </li>
<li>Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) shares increased by 15.36% to $19.37. The market value of their outstanding shares is at $2.3 billion. </li>
<li>WM Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAPS#NASDAQ">MAPS</a>) stock increased by 13.93% to $1.39. The market value of their outstanding shares is at $135.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) stock decreased by 12.8% to $3.08 during Wednesday's pre-market session. The company's market cap stands at $112.9 million. </li>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) shares fell 11.35% to $1.25. The market value of their outstanding shares is at $37.7 million. As per the news, the Q4 earnings report came out today. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) stock declined by 9.0% to $0.91. </li>
<li>AuthID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUID#NASDAQ">AUID</a>) shares declined by 6.9% to $5.4. The market value of their outstanding shares is at $58.9 million. </li>
<li>SEALSQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) stock declined by 6.05% to $2.8. The company's market cap stands at $181.0 million. </li>
<li>IonQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) stock fell 5.89% to $41.26. The market value of their outstanding shares is at $8.8 billion. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Wednesday's Pre-Market Session

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $(0.04) by 525 percent. This is a 26.09 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $182.854 million which beat the analyst consensus estimate of $175.009 million by 4.48 percent. This is a 7.58 percent decrease over sales of $197.845 million the same period last year.

Netgear Q3 2024 Adj. EPS $0.17 Beats $(0.04) Estimate, Sales $182.854M Beat $175.009M Estimate

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) sees Q4 sales of $160.000 million-175.000 million vs $174.60 million estimate.

Netgear Sees Q4 Sales $160.000M-175.000M vs $174.60M Est

Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.
Analysts estimate that Netgear will report an earnings per share (EPS) of $-0.40. 
The announcement from Netgear is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS beat by $0.07, leading to a 3.46% increase in the share price on the subsequent day.
Here's a look at Netgear's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.81</td>
<td>-0.28</td>
<td>0.04</td>
<td>-0.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.74</td>
<td>-0.28</td>
<td>0.09</td>
<td>0.23</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.0%</td>
<td>-21.0%</td>
<td>-8.0%</td>
<td>20.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730221333_0_0.png" alt="eps graph" />
<h3>Netgear Share Price Analysis</h3>
Shares of Netgear were trading at $20.42 as of October 28. Over the last 52-week period, shares are up 67.19%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTGR/earnings">To track all earnings releases for Netgear visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Exploring Netgear's Earnings Expectations

<h3>Gainers</h3>
<ul>
<li>AMTD Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) shares increased by 33.6% to $5.22 during Wednesday's after-market session. The market value of their outstanding shares is at $1.0 billion. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) stock moved upwards by 11.06% to $1.6. The company's market cap stands at $18.5 million. </li>
<li>Evolv Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) stock rose 7.69% to $4.2. The market value of their outstanding shares is at $661.7 million. </li>
<li>Glimpse Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) stock rose 6.15% to $0.77. The company's market cap stands at $13.9 million. As per the press release, Q4 earnings came out 2 days ago. </li>
<li>Iveda Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVDA#NASDAQ">IVDA</a>) shares moved upwards by 4.34% to $1.68. The market value of their outstanding shares is at $3.7 million. </li>
<li>Yxt.Com Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YXT#NASDAQ">YXT</a>) stock moved upwards by 4.0% to $2.6. The market value of their outstanding shares is at $156.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Infobird Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFBD#NASDAQ">IFBD</a>) shares decreased by 4.2% to $2.06 during Wednesday's after-market session. The market value of their outstanding shares is at $4.0 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares fell 3.75% to $0.38. The market value of their outstanding shares is at $5.6 million. </li>
<li>MMTEC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares fell 3.54% to $0.74. The company's market cap stands at $147.3 million. </li>
<li>Intchains Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICG#NASDAQ">ICG</a>) shares decreased by 3.02% to $4.5. The company's market cap stands at $270.0 million. </li>
<li>Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares decreased by 2.79% to $19.25. The market value of their outstanding shares is at $559.5 million. </li>
<li>BTCS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCS#NASDAQ">BTCS</a>) stock declined by 2.59% to $1.13. The company's market cap stands at $18.2 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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New Nighthawk RS600, RS500, and RS200 routers deliver ultra-fast WiFi 7, powerful performance, and secure networking to fit any budget

NETGEAR Expands Nighthawk WiFi 7 Standalone Router Line To Include RS600, RS500, and RS200.

U.S. stocks traded higher toward the end of trading, with the Dow Jones index surging more than 200 points on Thursday.
The Dow traded up 0.53% to 41,076.41 while the NASDAQ rose 1.15% to 17,596.13. The S&amp;P 500 also rose, gaining, 0.82% to 5,599.94.
Check This Out: <a href="https://www.benzinga.com/news/24/09/40812617/wall-streets-most-accurate-analysts-give-their-take-on-3-materials-stocks-delivering-high-dividend-y">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend Yields</a>
Leading and Lagging Sectors Communication services shares rose by 1.2% on Thursday.
In trading on Thursday, real estate shares dipped by 0.8%.
Top Headline
Signet Jewelers Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) posted better-than-expected second-quarter earnings and stronger than anticipated third-quarter revenue outlook.
Signet reported a second-quarter sales decline of 7.6% year-on-year to $1.49 billion, missing the analyst consensus estimate of $1.50 billion. Adjusted EPS of $1.25 beat the analyst consensus estimate of $1.14.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>NETGEAR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares shot up 31% to $20.83 after the company disclosed a settlement agreement with TP-Link Systems and raised its third-quarter revenue guidance.</li>
<li>Shares of Visionary Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) got a boost, surging 144% to $4.95 after the company announced it signed an MoU with the Public Investment Fund of Saudi Arabia, investing $120 million to fully support the development of its various industry projects.</li>
<li>Smart for Life, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMFL#NASDAQ">SMFL</a>) shares were also up, gaining 32% to $1.12. HRT Financial LP acquired a new stake in Smart for Life.</li>
</ul>
Equities Trading DOWN
<ul>
<li>ModivCare Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MODV#NASDAQ">MODV</a>) shares dropped 53% to $14.56 after the company announced a $200 million mixed securities shelf.</li>
<li>Shares of Fulcrum Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FULC#NASDAQ">FULC</a>) were down 61% to $3.4850 after the company announced that its Phase 3 REACH trial evaluating losmapimod in patients with FSHD, did not achieve its primary endpoint of change from baseline in RSA with losmapimod compared to placebo.</li>
<li>Oncternal Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONCT#NASDAQ">ONCT</a>) was down, falling 57% to $1.7250 after the company announced termination of its clinical studies and exploration of strategic alternatives.</li>
</ul>
Commodities In commodity news, oil traded up 3.3% to $69.53 while gold traded up 1.3% at $2,576.20.
Silver traded up 3.9% to $30.05 on Thursday, while copper rose 1.1% to $4.1880.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 rose 0.80%, Germany's DAX gained 1.03% and France's CAC 40 rose 0.52%. Spain's IBEX 35 Index rose 1.08%, while London's FTSE 100 rose 0.57%.
The annual inflation rate in Spain eased to 2.3% in August from 2.8% in July, while German wholesale prices fell by 1.1% year-over-year in August.
Asia Pacific Markets
Asian markets closed mostly higher on Thursday, with Japan's Nikkei 225 jumping 3.41%, Hong Kong's Hang Seng Index gaining 0.77%, China's Shanghai Composite Index falling 0.17% and India's BSE Sensex surging 1.77%.
Manufacturing production in Hong Kong increased 0.7% year-over-year during the second quarter. Producer prices in Japan rose by 2.5% year-over-year in August versus a 3.0% growth in the previous month.
Economics
<ul>
<li>U.S. producer prices rose 0.2% month-over-month in August compared to a revised flat reading in the previous month and higher than market estimates of 0.1%.</li>
<li>U.S. initial jobless claims increased by 2,000 from the earlier week to 230,000 in the week ending Sept. 7.</li>
<li>U.S. natural-gas stocks rose 40 billion cubic feet during the week ended Sept. 6, compared to market estimates of a 49 bcf gain.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40828657/top-3-tech-stocks-youll-regret-missing-in-september">Top 3 Tech Stocks You&#8217;ll Regret Missing In September</a></li>
</ul>

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 50 points on Thursday.
The Dow traded down 0.11% to 40,814.73 while the NASDAQ rose 0.33% to 17,453.69. The S&amp;P 500 also rose, gaining, 0.13% to 5,561.28.
Check This Out: <a href="https://www.benzinga.com/news/24/09/40812617/wall-streets-most-accurate-analysts-give-their-take-on-3-materials-stocks-delivering-high-dividend-y">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend Yields</a>
Leading and Lagging Sectors Communication services shares rose by 1.2% on Thursday.
In trading on Thursday, real estate shares dipped by 0.6%.
Top Headline
Kroger Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) reported second-quarter adjusted earnings per share of 93 cents, beating the analyst consensus estimate of 91 cents.
Quarterly sales of $33.912 billion (nearly flat year over year) missed the street view of $34.090 billion. Excluding fuel, sales increased 1.3% compared to the same period last year.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>NETGEAR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares shot up 33% to $21.17 after the company disclosed a settlement agreement with TP-Link Systems and raised its third-quarter revenue guidance.</li>
<li>Shares of Visionary Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) got a boost, surging 174% to $5.57 after the company announced it signed an MoU with the Public Investment Fund of Saudi Arabia, investing $120 million to fully support the development of its various industry projects.</li>
<li>Smart for Life, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMFL#NASDAQ">SMFL</a>) shares were also up, gaining 39% to $1.1816. HRT Financial LP acquired a new stake in Smart for Life.</li>
</ul>
Equities Trading DOWN
<ul>
<li>ModivCare Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MODV#NASDAQ">MODV</a>) shares dropped 53% to $14.64 after the company announced a $200 million mixed securities shelf.</li>
<li>Shares of Fulcrum Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FULC#NASDAQ">FULC</a>) were down 60% to $3.5508 after the company announced that its Phase 3 REACH trial evaluating losmapimod in patients with FSHD, did not achieve its primary endpoint of change from baseline in RSA with losmapimod compared to placebo.</li>
<li>Oncternal Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONCT#NASDAQ">ONCT</a>) was down, falling 58% to $1.7050 after the company announced termination of its clinical studies and exploration of strategic alternatives.</li>
</ul>
Commodities In commodity news, oil traded up 3.1% to $69.36 while gold traded up 1.5% at $2,581.40.
Silver traded up 3.5% to $29.935 on Thursday, while copper rose 1.4% to $4.1995.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.74%, Germany's DAX gained 0.89% and France's CAC 40 rose 0.42%. Spain's IBEX 35 Index rose 1.04%, while London's FTSE 100 rose 0.45%.
The annual inflation rate in Spain eased to 2.3% in August from 2.8% in July, while German wholesale prices fell by 1.1% year-over-year in August.
Asia Pacific Markets
Asian markets closed mostly higher on Thursday, with Japan's Nikkei 225 jumping 3.41%, Hong Kong's Hang Seng Index gaining 0.77%, China's Shanghai Composite Index falling 0.17% and India's BSE Sensex surging 1.77%.
Manufacturing production in Hong Kong increased 0.7% year-over-year during the second quarter. Producer prices in Japan rose by 2.5% year-over-year in August versus a 3.0% growth in the previous month.
Economics
<ul>
<li>U.S. producer prices rose 0.2% month-over-month in August compared to a revised flat reading in the previous month and higher than market estimates of 0.1%.</li>
<li>U.S. initial jobless claims increased by 2,000 from the earlier week to 230,000 in the week ending Sept. 7.</li>
<li>U.S. natural-gas stocks rose 40 billion cubic feet during the week ended Sept. 6, compared to market estimates of a 49 bcf gain.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40828657/top-3-tech-stocks-youll-regret-missing-in-september">Top 3 Tech Stocks You&#8217;ll Regret Missing In September</a></li>
</ul>

U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Thursday.
Shares of Signet Jewelers Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) rose sharply during Thursday's session after reporting better-than-expected second-quarter earnings and stronger than anticipated <a href="https://www.benzinga.com/news/earnings/24/09/40831684/signet-jewelers-q2-earnings-eps-beat-net-debt-positive-strong-q3-outlook">third-quarter revenue outlook.</a>
Signet reportedasecond-quarter sales decline of 7.6% year-on-year to $1.49 billion, missing the analyst consensus estimate of $1.50 billion. Adjusted EPS of $1.25 beat the analyst consensus estimate of $1.14.
Signet Jewelers shares jumped 18.8% to $92.83 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>NETGEAR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares jumped 31.3% to $20.93 after the company disclosed a settlement agreement with TP-Link Systems and raised its third-quarter revenue guidance.</li>
<li>The Lovesac Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOVE#NASDAQ">LOVE</a>) gained 24.7% to $26.23 after the company reported better-than-expected quarterly EPS results.</li>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) climbed 21.5% to $27.57 after the company announced it raised $235 million in net proceeds.</li>
<li>Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) rose 21% to $4.9301. The company recently company reported second-quarter financial results.</li>
<li>LiveWire Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NASDAQ">LVWR</a>) rose 15.2% to $6.49.</li>
<li>JBDI Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBDI#NASDAQ">JBDI</a>) surged 14% to $24.14.</li>
<li>Byrna Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYRN#NASDAQ">BYRN</a>) gained 13% to $16.29.</li>
<li>Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) climbed 12.7% to $6.48. Coeur announced achievement of key milestones at expanded Rochester Mine.</li>
<li>B2Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTG#NYSE">BTG</a>) gained 11.1% to $3.0450.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) rose 8.8% to $11.79.</li>
<li>Equinox Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQX#NYSE">EQX</a>) climbed 7.3% to $6.06.</li>
<li>Medical Properties Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPW#NYSE">MPW</a>) rose 7.1% to $5.16 after the company announced it reached a global settlement agreement that restored its control over its real estate and severed its relationship with Steward Health Care.</li>
<li>Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) gained 7.1% to $7.44.</li>
</ul>
Now Read This:
<ul>
<li> <a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>

BYRN

JBDI

LOVE

SMMT

WOOF

Signet Jewelers Posts Better-Than-Expected Earnings, Joins NETGEAR, Lovesac And Other Big Stocks Moving Higher On Thursday

Press Releases

NETGEAR Announces Three New WiFi 7 Routers to Join the Industry-leading Nighthawk Lineup

NETGEAR Schedules Third Quarter 2024 Results Conference Call

NETGEAR® Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NETGEAR® Reports Third Quarter 2024 Results

NETGEAR Business Launches Engage 2.0: Revolutionizing AV Network Management for Enhanced Connectivity and Control

NETGEAR® to Present at Upcoming Investor Conference

NETGEAR Expands Award-Winning WiFi 7 Home Networking Portfolio with Orbi 870 Series Mesh System

NETGEAR Evolves Armor Service with State-of-the-Art Features for Enhanced Security and Privacy

NETGEAR Schedules Fourth Quarter and Full Year 2024 Results Conference Call

NETGEAR® Reports Fourth Quarter and Full Year 2024 Results

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