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Date | Price Target | Rating | Analyst |
---|---|---|---|
2/6/2023 | $3.50 | Outperform | Noble Capital Markets |
Noble Capital Markets initiated coverage of Newegg Commerce with a rating of Outperform and set a new price target of $3.50
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in computer and technology products, is excited to announce its upcoming FantasTech II Sale, running from October 7 through October 11. The highly anticipated sale event promises deep discounts on a wide selection of tech products, ranging from the latest laptops, computer components, gaming accessories, and smart home devices, to its home line of ABS Gaming Desktops, which are assembled by Newegg. Thousands of products will be on sale, targeting both casual shoppers and tech aficionados looking to upgrade their PCs and gear, in what will be one of the biggest sales of the year. This press release features multimedia. View the full releas
Newegg Commerce, Inc. (NASDAQ:NEGG) (the "Company" or "Newegg"), a leading global technology e-commerce retailer, today announced results for the six months ended June 30, 2024. Newegg Chief Executive Officer Anthony Chow stated, "As expected, the first half of the year saw a slowdown in computer hardware sales due to ongoing macroeconomic challenges and a shortage of new product launches. However, we anticipate a rebound in sales during the second half as consumers begin to upgrade their pandemic-era devices. We believe the increasing availability, affordability, and capabilities of AI-powered PCs will strengthen our long-term outlook for core computer sales. We are particularly enthusia
Customers can now trade-in an eligible CPU for credit toward a new CPU or trade-in an eligible PC with purchase of a qualifying Intel PC Newegg Commerce, Inc. (NASDAQ:NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced that its CPU Trade-In program is now live on Newegg.com. As the latest addition to the GPU Trade-In program launched last year, Newegg's CPU Trade-In program enables customers to trade their used CPUs in exchange for credit toward an entirely new CPU from Newegg. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731065444/en/Newegg's CPU Trade-In Program
SC 13D/A - Newegg Commerce, Inc. (0001474627) (Subject)
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6-K - Newegg Commerce, Inc. (0001474627) (Filer)
6-K - Newegg Commerce, Inc. (0001474627) (Filer)
6-K - Newegg Commerce, Inc. (0001474627) (Filer)
Reports first half 2021 increases of 39.9% and 33.9% in net sales and gross margin, respectively Newegg Commerce, Inc. (NASDAQ:NEGG), a leading tech-focused e-retailer in North America, announced its financial results for the six months ended June 30, 2021. First Half 2021 vs. First Half 2020 Financial Highlights (unaudited) Net sales increased 39.9% to $1,206.9 million from $862.7 million Gross profit increased 33.9% to $166.9 million from $124.6 million Net income increased 14.0% to $21.6 million (or $0.05 per diluted share) compared to net income of $18.9 million (or $0.05 per diluted share) Operational Highlights as of June 30, 2021 Unique active customers: 4.2 million Re
On July 14, 2021, Hangzhou Lianluo Interactive Information Technology Co., Ltd ("Hangzhou Lianluo") issued a statement via a public filing in China stating that it believes that the gross merchandise value ("GMV"), net sales and net income of Newegg Commerce, Inc. (the "Company," "us," "our," or "we") for the six months ended June 30, 2021 are expected to increase over the GMV, net sales and net income for the same period in 2020. Hangzhou Lianluo is the controlling stockholder of the Company and is publicly traded on the Shenzhen stock exchange. Hangzhou Lianluo made this filing in order to comply with the rules and regulations of the Shenzhen stock exchange. The Company is correspondingly
Benefits include free shipping, first access to new products and exclusive deals Newegg Commerce, Inc. (NASDAQ:NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced the launch of Newegg+, a free customer membership program that offers substantial benefits. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423399970/en/Newegg+, a new free customer membership program from Newegg, offers a variety of desirable benefits. (Graphic: Newegg) Newegg+ elevates the Newegg shopping experience by giving members priority services like free shipping on millions of products, exclusive
TikTok's new promotional campaign offers some of the best opportunities for customers to get incredible deals from Newegg before the holidays Newegg Commerce, Inc. (NASDAQ:NEGG), a global e-commerce leader for technology products, is ushering in the holiday spirit with its participation in the TikTok Shop Holiday Deals promotion. This promotional sale is now spreading holiday joy for customers looking for "doorbuster"-quality deals during the festive season. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231213801837/en/Shade Moore gets ready to go live on Newegg's TikTok channel to discuss deals during the TikTok Shop Holiday
Sharing deals with friends encourages them to join to unlock deals faster Newegg Commerce, Inc. (NASDAQ:NEGG), a global e-commerce leader for technology products, today announced the launch of Group Buy, a locked daily deal that requires a minimum number of customers to show interest to unlock it. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231113714995/en/Group Buy offers a sizable daily deal that unlocks when enough customers show interest. The current deal is for a keyboard. (Graphic: Newegg) Group Buy is an innovative Newegg e-commerce feature that combines community and social shopping elements. An aggressive daily dea
Shares of The Charles Schwab Corporation (NYSE:SCHW) fell sharply during Tuesday's session following second-quarter results. Charles Schwab said adjusted net income declined 2% Y/Y to $1.465 billion. Adjusted EPS fell 3% Y/Y to 73 cents, beating the consensus of 72 cents, according to data from Benzinga Pro. Charles Schwab shares dipped 7.5% to $69.42 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Yoshitsu Co., Ltd (NASDAQ:TKLF) jumped 109% to $0.6437 after the company reported a year-over-year increase in FY24 financial results. Silo Pharma, Inc. (NASDAQ:SILO) shares climbed 95.4% to $2.12 after the company obtained an exclusive global l
U.S. stocks were mostly higher, with the Dow Jones index gaining around 550 points on Tuesday. Shares of UnitedHealth Group Incorporated (NYSE:UNH) rose sharply during Tuesday's session following a second-quarter earnings beat. The company reported adjusted EPS of $6.80, up from $6.14 a year ago, beating the consensus of $6.66, according to data from Benzinga Pro. UnitedHealth’s revenues increased nearly $6 billion (+6.4% Y/Y) to $98.86 billion, beating the consensus of $98.34 billion, led by expansion in people served domestically at Optum and UnitedHealthcare. UnitedHealth Group shares gained 5.7% to $544.96 on Tuesday. Here are some other big stocks recording gains in today’s
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Thursday. Shares of Delta Air Lines, Inc. (NYSE:DAL) fell sharply in today's pre-market trading after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook. Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro. Delta Air Lines shares fell 9% to $42.65 in the pre-market trading session. Here are some big stoc