BTCC / BTCC Square / tipranks /
NEGG Earnings Explosion: Newegg Commerce Stock Skyrockets on Massive Revenue Surge

NEGG Earnings Explosion: Newegg Commerce Stock Skyrockets on Massive Revenue Surge

Author:
tipranks
Published:
2025-08-23 00:28:03
27
1

Newegg just dropped earnings that made Wall Street do a double-take—revenue spikes sent shares soaring like a crypto bull run.

The Numbers Don't Lie

Revenue gains weren't just incremental—they were explosive. While traditional retail stumbles, Newegg's digital-first approach continues eating market share.

Tech Sector Outperformance

While old-school retailers blame macroeconomic conditions, Newegg proves that execution trumps excuses. Another quarter of beating expectations while competitors make downward revisions.

Market Reaction

Traders piled in like it was a limited edition GPU drop—because nothing moves needles quite like actual financial results instead of speculative hype. Though let's be honest—analysts will still find something to criticize after raising their price targets.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Revenue reported by Newegg Commerce during the first half of the year was $695.7 million, a 12.6% increase from the $618.1 million reported in the same period of the year prior. The company said this was largely due to high demand for PC gaming components, such as Nvidia’s (NVDA) RTX 50 Series and Advanced Micro Devices’ (AMD) Radeon RX 9000 Series graphics cards, as well as AMD’s Ryzen 9000X3D Series CPUs.

Newegg Commerce stock was up 12.18% in pre-market trading on Friday, following a 4.65% rally yesterday. The shares have also increased 1,360.03% year-to-date and 570.02% over the past 12 months. Strong demand for PC parts despite inflation and tariffs has been a boon to the company’s shares this year.

Newegg Commerce Guidance

Newegg Commerce didn’t include formal financial guidance in its latest earnings report. Even so, company executives did speak about their expectations. CEO Anthony Chow said, “I am pleased with our results, and we will continue to be agile and opportunistic throughout the remainder of the year as we aim to deliver a superior experience for our loyal Newegg customers.”

Following up on this, Chief Financial Officer Christina Ching stated, “As we MOVE forward, our focus remains on maximizing market opportunities while navigating the ongoing tariff environment and other macroeconomic factors.”

Is Newegg Commerce Stock a Buy, Sell, or Hold?

Turning to Wall Street, coverage of Newegg Commerce stock is lacking. Fortunately, TipRanks’ AI analyst Spark has it covered. Spark rates NEGG stock a Neutral (61) with a $67 price target. It cites “weak financial performance, marked by declining revenue, persistent losses, and cash FLOW issues” as reasons for this stance. This could change after today’s earnings report.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users