Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Newegg Commerce, Inc.

NEGGNASDAQ
Wall Street Score · overall investment39/100
$9.89USD+$0.42 (+4.44%)
Company website www.newegg.com
Headquarters21688 Gateway Center Drive, Diamond Bar, CA, 91765, US
Financial statement currencyUSD · no FX conversion applied
Consumer Cyclical · Specialty Retail
Price updated todayFinancials updated Oct 8, 2026

NEGG · Price history

Price at last available close

$9.89

−$3.15 (-24.16%) 1M

2026-10-27

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About Newegg Commerce, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Newegg Commerce, Inc. serves as a prominent online retailer specializing in electronics across North America. Its vast product offerings extend beyond traditional computing, encompassing a comprehensive range of items. Customers can procure everything from complete desktop and laptop systems, including dedicated gaming models, to individual computer components like CPUs, graphics cards, motherboards, and storage devices.

How they make money

Newegg operates as an electronics-focused e-retailer using a hybrid model of direct sales and a third-party marketplace. The company generates revenue through product sales, commissions from marketplace sellers, and by providing logistics, fulfillment, and marketing services to third-party sellers and brand partners.

Products & services

Online retail platforms (Newegg.com, Newegg.ca, Newegg Global) offering IT and consumer electronics, alongside third-party logistics (3PL), Shipped-by-Newegg (SBN) fulfillment, and advertising services.

Brands & revenue mix

Newegg

The primary brand under which the company operates its e-commerce platforms and logistics services.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

UNITED STATESUSD 1.34B92.7%

Period ended 2025-12-31Source

CANADAUSD 96.22M6.7%

Period ended 2025-12-31Source

Rest Of World MemberUSD 9.44M0.7%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

Customer concentration

The company does not rely on any single customer for a significant portion of its total revenue as of the fiscal year ended December 31, 2025.

Suppliers, materials & equipment

  • IT and Consumer Electronics Manufacturers — The company sources merchandise from a broad network of global manufacturers and distributors across more than 25 countries.Source

Competitors

  • Amazon.com, Inc. — A global e-commerce retailer that competes across the broad spectrum of consumer electronics and general merchandise.Source
  • Best Buy Co., Inc. — A specialty retailer of consumer electronics and related services with both physical and online presence.Source

Strengths

  • Specialized focus on IT and consumer electronicsSource
  • Established third-party logistics and fulfillment infrastructureSource

Risks

  • Intense competition in the e-commerce and retail sectorsSource
  • Dependence on third-party suppliers and logistics partnersSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

39

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

54

Fair

Financial Strength

69

Business Quality / Moat

63

Management

59

Growth Quality

29

Risk / Durability

12

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

10

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

16/100

Building Historical Record

Model Score 16/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Balance-sheet / debt profile scores strongly
What to watch
  • •Debt service risk
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for NEGG

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving NEGG's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •How long can NEGG fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •How is NEGG likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •What future growth or profitability would be needed to justify NEGG's current valuation?
Debt service risk
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

39

0–100 · Weak

Opportunity Score

10

0–100 · Poor

Market Cap

$207.4M

P/E Ratio

27.0

EPS

$0.45

52-Week High

$96.29

52-Week Low

$11.10

Beta

3.53

Intrinsic Value

$3.80

Analyst Target

$7.75

Shares Outstanding

20.1M

Total Revenue

$1.38B

Total Debt

$52.5M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$9.26

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
3/ 100
-7 pts / 5d

Strong downward momentum

5D -8.6% · 20D -25.2% · RSI 28 · Price vs 20D avg -11.1%
Volatility
50/ 100
+5 pts / 5d

Normal movement

20D realized vol 58.8% · 60D 68.8% · Acceleration 0.85x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for NEGG

Detected from reported data — verify before acting.

Debt service risk

Interest coverage is low (~-9.5x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on NEGG.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Specialized focus on IT and consumer electronics.
  • +Established third-party logistics and fulfillment infrastructure.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Specialty Retail industry.
  • −Intense competition in the e-commerce and retail sectors.
  • −Dependence on third-party suppliers and logistics partners.
  • −Negative free cash flow may increase the need for outside financing and dilution.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak39/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

39

Tap for breakdown →

Elite

97

Debt Cost1.6%
Debt Reduction YoY13.4%
Debt / Equity0.39x

Tap for breakdown →

Poor

24

Revenue YoY-4.8%
Revenue CAGR-1.8%
Net Margin0.7%

Tap for breakdown →

Fair

68

Asset Growth YoY15.1%
Liquidation/Share$9.26
Net Assets/MCap1.52x

Tap for breakdown →

Poor

28

Earnings Yield3.7%
Buyback Yield0.6%
Debt Cost1.6%

Tap for breakdown →

Fair

59

ROIC-6.1%
ROE5.0%
ROA2.1%

Tap for breakdown →

Fair

63

EPS Growth—
FCF/Share Growth—
Rev/Share Growth61.1%

Tap for breakdown →

Poor

16

Intrinsic Value$3.80
Value Reference$2.28
MOS-185.0%

Tap for breakdown →

Fair

59

Revenue24
Moat63
Valuation16

Tap for breakdown →

Poor

0

MOS %-185.0%
Value Reference$2.28
Deep Discount Reference$1.52

Tap for breakdown →

Poor

25

Interest Coverage-9.5x
ROIC-6.1%
FCF Yield-11.7%

Tap for breakdown →

Weak

42

Financial25
Valuation16
Debt97

Tap for breakdown →

Poor

30

Survival Years3.6 yrs
Current Ratio1.41x
FCF Margin-2.1%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

3 historical score records available

Previous Score

39

Oct 1, 2026

Change

+0.2

points

Current Score

39

Oct 8, 2026

Category Changes

Revenue+0.2
Debt0
Assets+0.6
Capital+1.0
Management0
Moat0
Valuation0
Buffett+0.1

NEGG increased 0.2 points because overall fundamentals improved.

Projected Score

Projected Score

33

Projected Change

-5.9 points

Preliminary comparable-period financial changes suggest decline of approximately 5.9 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$9.89

Model Intrinsic Value

$3.80

Difference

+$6.09

+160.5% vs IV

Margin of Safety

-160.5%

UndervaluedFair ValueOvervalued
Value Reference: $2.28
Deep Discount Reference: $1.52

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$600M$1.2B$1.8B$2.4B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$90M-$45M$0$45M$90M

Total Debt

201520172019202120232025$0$30M$60M$90M$120M

Total Assets

201520172019202120232025$0$200M$400M$600M$800M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$1.38B$1.44B$1.24B$1.50B····························
Cost of Revenue$1.20B$1.28B$1.11B$1.33B····························
Gross Profit$170.9M$168.5M$120.8M$167.6M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$164.2M$170.4M$172.3M$238.6M····························
Operating Expenses$164.2M$178.0M$172.0M$238.6M····························
EBITDA$14.1M$5.7M-$33.0M-$45.7M····························
Operating Income$6.7M-$9.5M-$51.6M-$71.1M····························
Interest Expense$936K$1.0M$952K$2.5M····························
Income Before Tax$11.5M-$2.9M-$44.6M-$61.7M····························
Income Tax Expense$2.1M$2.0M-$1.3M-$2.7M····························
Net Income$9.3M-$4.9M-$43.3M-$59.0M····························
Basic EPS$0.45$-0.24$-2.25$-3.12····························
Basic Shares20.97M20.11M19.29M18.93M····························
Diluted Shares20.97M20.11M19.29M18.93M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Dec 21, 2026
Estimated EPS: -$0.40Estimated revenue: $439.2M
Jun 30, 2026Q2FY2026

Revenue

$320.4M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.11

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-30.5%

Cash Change

+40.7%

Margin Change

+1.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Cash position grew
  • Debt reduced

Potential Score Impact

Positive indicators included cash levels, debt levels, net income margin. Pressure indicators included revenue growth, EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 8.1%. EPS declined 200.0%. Cash increased 40.7%. Total debt declined 30.5%. Net income margin improved by 1.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 8, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 8, 26$1.00$2.00$3.00$4.00$5.00

Value Reference

Jul 24, 26Oct 1, 26Oct 8, 26$0.00$1.00$2.00$3.00$4.00

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 8, 26-3.0%-2.0%-1.0%0.0%1.0%

Related Companies

Specialty Retail

PDD

PDD Holdings Inc.

80Strong
$79.04View

TKLF

Tokyo Lifestyle Co., Ltd.

69Fair
$1.44View

ELA

Envela Corporation

64Fair
$11.16View

LITB

LightInTheBox Holding Co., Ltd.

63Fair
$2.80View

VIPS

Vipshop Holdings Limited

62Fair
$12.70View

BBW

Build-A-Bear Workshop, Inc.

62Fair
$23.78View

News

Rumor Mill · NEGG

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksStocks under $10How Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial