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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2023 | $3.50 | Outperform | Noble Capital Markets |
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
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, is thrilled to announce the availability of the highly anticipated NVIDIA GeForce RTX 50 Series GPUs as well as new ABS gaming PCs equipped with the NVIDIA RTX 5090 and RTX 5080 GPUs. Gamers, content creators and PC enthusiasts will soon be able to purchase the latest in high-performance graphics technology directly from Newegg. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250123389944/en/ABS RTX 50 Series Gaming PC and GPU (Graphic: Newegg) NVIDIA 50 Series cards and systems are now listed on Newegg's website and will be available to p
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
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6-K - Newegg Commerce, Inc. (0001474627) (Filer)
6-K - Newegg Commerce, Inc. (0001474627) (Filer)
Noble Capital Markets initiated coverage of Newegg Commerce with a rating of Outperform and set a new price target of $3.50
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SC 13D/A - Newegg Commerce, Inc. (0001474627) (Subject)
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