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Stifel analyst Tore Svanberg maintains Netgear (NASDAQ:NTGR) with a Buy and lowers the price target from $36 to $30.
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Ciena Corporation reported strong Q3 fiscal 2026 results with adjusted earnings of $2.11 per share (215% YoY growth) and revenues of $1.67 billion (37% YoY growth), driven by AI-led cloud demand. Cloud provider revenues jumped 82% YoY and represented 53% of total sales. The company raised full-year 2026 guidance to $6.42 billion and projects at least 30% revenue growth for fiscal 2027.
Netgear (NASDAQ:NTGR) sees Q3 sales of $165.000 million-$175.000 million vs $170.064 million analyst estimate.
Netgear (NASDAQ:NTGR) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.01 by 1500 percent. This is a 166.67 percent increase over earnings of $0.06 per share from the same