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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
144 - Newegg Commerce, Inc. (0001474627) (Subject)
144 - Newegg Commerce, Inc. (0001474627) (Subject)
144 - Newegg Commerce, Inc. (0001474627) (Subject)
SC 13D/A - Newegg Commerce, Inc. (0001474627) (Subject)
SC 13D/A - Newegg Commerce, Inc. (0001474627) (Subject)
SC 13G/A - Newegg Commerce, Inc. (0001474627) (Subject)
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 e-commerce for technology products, is excited to announce the launch of the highly anticipated AMD Ryzen 9 9950X3D and AMD Ryzen 9 9900X3D processors. Available now. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312068214/en/AMD Ryzen 9 9950X3D CPU (Photo: Newegg) AMD Ryzen™ 9 9950X3D and 9900X3D Pricing AMD Ryzen 9 9950X3D - $699.99 AMD Ryzen 9 9900X3D - $599.99 The AMD Ryzen™ 9 9950X3D and 9900X3D processors are the world's most advanced gaming desktop processors, equipped with 2nd generation AMD 3D V-Cache™ technology with up to 144MB of on-chip memory, the lar
Newegg Commerce, Inc. (NASDAQ:NEGG), a global leader in e-commerce for technology products, is excited to announce the launch of the highly anticipated AMD Radeon RX 9070 and 9070 XT GPUs. Featuring AMD's cutting-edge RDNA™ 4 architecture, these next-generation graphics cards deliver exceptional performance for gaming, streaming and content creation at an incredible value. The new AMD GPUs go on sale on Newegg on March 6th at 6:00am PT. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250306011796/en/Sapphire AMD Radeon RX 9070 XT Nitro+ GPUs (Photo: Newegg) AMD RADEON RX RDNA 4 Technology The AMD Radeon RX 9070 and 9070 XT GPUs r
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 5070 Ti GPUs. The RTX 5070 Ti builds off the incredible success of NVIDIA's RTX 5080 and RTX 5090 GPUs that launched in January with unprecedented demand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220390156/en/Gigabyte NVIDIA GeForce RTX 5070 Ti MASTER GPUs Source: Newegg The new NVIDIA RTX 5070 Ti will allow gamers, content creators, and PC enthusiasts to achieve amazing performance through the new NVIDIA 50 Series chipset as well as NVIDIA's DLS
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