Added to YB: 2026-09-04
Pitch date: 2026-09-02
NEGG [neutral]
Newegg Commerce, Inc.
-3.34%
current return
Author Info
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Company Info
Newegg Commerce, Inc. operates as an electronics-focused e-retailer in the United States, Canada, and internationally.
Market Cap
$332.4M
Pitch Price
$17.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.44
P/E
35.63
EV/Sales
0.22
Sector
Specialty Retail
Category
value
Newegg Commerce, Inc. - $NEGG
NEGG (earnings): Newegg’s Q2 showed continued fundamental deterioration: net sales fell 8.1% to $320.4M, GMV declined 3.9% to $403.2M and adjusted EBITDA decreased to $3.7M. Average order value dropped 20% to $401, while active customers were nearly flat and repeat purchasing slipped. First-half operating cash flow remained negative at $20M; roughly $4 per share of cash and little debt provide some support, but operations remain weak. This follows management’s missed chance to raise capital during the meme-stock surge, apparently to avoid diluting control.
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