Newegg Commerce, Inc. (NEGG)
NASDAQ:NEGG
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Newegg Commerce
(NASDAQ:NEGG)
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Rating:41Neutral
Price Target:
$17.00
▼(-77.77% Downside)
Action:Reiterated
Date:05/14/26
The score is primarily held back by weak financial quality driven by renewed 2025 cash burn and continued losses, alongside a very bearish technical trend (price below all key moving averages with negative MACD). Balance-sheet stability and improved 2025 income-statement results provide some offset, while valuation cannot be supported from the provided P/E and dividend data.
Positive Factors
2025 Revenue & GMV Recovery
A clear rebound in 2025 GMV and net sales with a swing to positive adjusted EBITDA indicates the company can scale demand for high-performance components. This demonstrates operating leverage potential and that targeted category strength can restore top-line momentum and profitability sustainability.
Negative Factors
Negative Free Cash Flow
Reversion to sizable cash burn in 2025 after prior years of positive cash generation raises funding risk. Persistent negative FCF constrains reinvestment in marketing, inventory and platform improvements and increases reliance on external financing or equity, pressuring long-term execution.
Read all positive and negative factors
Positive Factors
Negative Factors
2025 Revenue & GMV Recovery
A clear rebound in 2025 GMV and net sales with a swing to positive adjusted EBITDA indicates the company can scale demand for high-performance components. This demonstrates operating leverage potential and that targeted category strength can restore top-line momentum and profitability sustainability.
Read all positive factors
Newegg Commerce (NEGG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$369.34M
Dividend YieldN/A
Average Volume (3M)105.20K
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees762
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)0.26
Shares Outstanding20,973,060
10 Day Avg. Volume60,234
30 Day Avg. Volume105,199
Financial Highlights & Ratios
PEG Ratio2.34
Price to Book (P/B)6.35
Price to Sales (P/S)0.71
P/FCF Ratio-34.42
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue0.57
Enterprise Value/Gross Profit4.50
Enterprise Value/Ebitda37.78
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Newegg Commerce Business Overview & Revenue Model
Company Description
Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer ac...
How the Company Makes Money
Newegg primarily makes money through (1) direct product sales (first-party retail), where it purchases inventory from suppliers and sells to customers, earning revenue at the gross selling price and profit from the spread between selling price and...
Newegg Commerce Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
56
Neutral
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.44B | 1.24B | 1.50B | 1.72B | 2.38B |
| Gross Profit | 168.46M | 120.78M | 167.56M | 216.63M | 325.98M |
| EBITDA | 5.73M | -32.95M | -45.69M | -31.62M | 41.88M |
| Net Income | -4.88M | -43.33M | -58.99M | -57.43M | 36.26M |
Balance Sheet | |||||
| Total Assets | 468.91M | 407.32M | 499.05M | 542.10M | 626.58M |
| Cash, Cash Equivalents and Short-Term Investments | 107.80M | 99.74M | 102.51M | 122.56M | 99.99M |
| Total Debt | 63.25M | 73.00M | 90.56M | 96.83M | 107.23M |
| Total Liabilities | 308.20M | 301.23M | 369.65M | 386.87M | 444.30M |
| Stockholders Equity | 160.71M | 106.09M | 129.39M | 155.22M | 182.28M |
Cash Flow | |||||
| Free Cash Flow | -29.66M | -4.44M | -34.10M | 11.29M | -67.13M |
| Operating Cash Flow | -26.97M | -821.00K | -3.84M | 20.48M | -53.29M |
| Investing Cash Flow | 105.00K | 2.44M | -14.25M | -3.77M | -13.84M |
| Financing Cash Flow | 35.58M | -6.05M | 1.56M | 1.55M | 12.74M |
Newegg Commerce Technical Analysis
Negative
76.49
Price Trends
27.32
Negative
36.13
Negative
46.81
Negative
Market Momentum
-2.36
Negative
33.58
Neutral
35.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NEGG, the sentiment is Negative. The current price of 76.49 is above the 20-day moving average (MA) of 18.50, above the 50-day MA of 27.32, and above the 200-day MA of 46.81, indicating a bearish trend. The MACD of -2.36 indicates Negative momentum. The RSI at 33.58 is Neutral, neither overbought nor oversold. The STOCH value of 35.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NEGG.
Newegg Commerce Risk Analysis
Newegg Commerce disclosed 70 risk factors in its most recent earnings report. Newegg Commerce reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Newegg Commerce Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $48.06B | 23.77 | 44.12% | 1.38% | 13.15% | 5.89% | |
67 Neutral | $15.75B | 13.76 | 40.05% | 5.46% | 0.99% | 31.91% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | $7.46B | 37.81 | 44.82% | ― | 6.14% | -32.48% | |
57 Neutral | $11.68B | -38.02 | 10.98% | ― | 6.80% | 18.24% | |
50 Neutral | $14.96B | 248.96 | 1.31% | 3.33% | 4.79% | -92.77% | |
41 Neutral | $369.34M | -66.39 | -3.99% | ― | ― | ― |
* Consumer Cyclical Sector Average
NEGG
Newegg Commerce
17.61
7.35
71.64%
BBY
Best Buy Co
74.73
11.87
18.88%
EBAY
eBay
108.24
32.35
42.64%
GPC
Genuine Parts Company
108.70
-8.39
-7.17%
W
Wayfair
88.52
39.65
81.13%
CHWY
Chewy
18.21
-25.15
-58.00%
Newegg Commerce Corporate Events
Newegg Commerce Swings to Q1 2026 Profit Despite Sales Decline
May 28, 2026
Newegg Commerce reported first-quarter 2026 results on May 28, 2026, showing that net sales fell 11.8% year over year to $306.2 million and GMV declined 12.1% to $377.5 million amid memory supply constraints, industrywide pricing pressure and weak...
Newegg Swings to Positive Adjusted EBITDA on 2025 Growth, Targets Profit in 2026
Apr 28, 2026
On April 28, 2026, Newegg Commerce reported fiscal 2025 results showing a sharp turnaround, with GMV up 15.4% to $1.77 billion, net sales rising 16.9% to $1.44 billion and gross profit climbing to $168.5 million, while narrowing its net loss to $4...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.