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Newegg Commerce ( (NEGG) ) has issued an announcement.
Newegg said that on February 2, 2026, Brian Burns Jr.—currently CFO of B2B electronics marketplace HUBX—was unanimously appointed to its board as one of four nominees allotted to major shareholder Digital Grid (Hong Kong), replacing Yingmei Yang without any disputes noted. The company expects Burns’ experience in electronics marketplaces and finance to strengthen board oversight and align governance with shareholder representation, underscoring a continued focus on stakeholder collaboration after Yang’s service concluded.
The most recent analyst rating on (NEGG) stock is a Sell with a $43.00 price target. To see the full list of analyst forecasts on Newegg Commerce stock, see the NEGG Stock Forecast page.
Spark’s Take on NEGG Stock
According to Spark, TipRanks’ AI Analyst, NEGG is a Neutral.
The score is held down primarily by weak financial performance driven by ongoing losses and negative profitability metrics, with only partial offset from improved free cash flow. Technical signals are also unfavorable, with bearish momentum and the price below key moving averages. Valuation cannot be clearly assessed due to missing P/E and dividend yield data.
To see Spark’s full report on NEGG stock, click here.
More about Newegg Commerce
Newegg Commerce operates a global e-commerce marketplace specializing in consumer electronics, DIY computer components, gaming gear, and related IT products, primarily targeting tech-focused retail and business customers.
Average Trading Volume: 163,161
Technical Sentiment Signal: Hold
Current Market Cap: $963.8M
Find detailed analytics on NEGG stock on TipRanks’ Stock Analysis page.