Should I buy or sell Airgain stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AIRG shares. View AIRG analyst ratings or view top-rated stocks .

What is Airgain's stock price target for 2024?

2 analysts have issued 12 month price objectives for Airgain's stock. Their AIRG share price targets range from $5.50 to $8.00. On average, they anticipate the company's share price to reach $6.50 in the next year. This suggests a possible upside of 94.6% from the stock's current price. View analysts price targets for AIRG or view top-rated stocks among Wall Street analysts .

How have AIRG shares performed in 2023?

Airgain's stock was trading at $6.51 at the beginning of 2023. Since then, AIRG shares have decreased by 48.7% and is now trading at $3.34. View the best growth stocks for 2023 here .

Are investors shorting Airgain?

Airgain saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 126,100 shares, an increase of 16.9% from the October 31st total of 107,900 shares. Based on an average daily volume of 33,400 shares, the short-interest ratio is presently 3.8 days. Currently, 1.3% of the shares of the company are sold short. View Airgain's Short Interest .

When is Airgain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our AIRG earnings forecast .

How were Airgain's earnings last quarter?

Airgain, Inc. (NASDAQ:AIRG) issued its earnings results on Thursday, November, 9th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). The technology company earned $13.70 million during the quarter, compared to analyst estimates of $14.03 million. Airgain had a negative trailing twelve-month return on equity of 17.59% and a negative net margin of 15.43%.

What other stocks do shareholders of Airgain own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Airgain investors own include Clovis Oncology (CLVS) , NVIDIA (NVDA) , Twilio (TWLO) , Boeing (BA) , Himax Technologies (HIMX) , Block (SQ) , Liquidity Services (LQDT) , PayPal (PYPL) , Horizon Therapeutics Public (HZNP) and Marvell Technology (MRVL) .

When did Airgain IPO?

(AIRG) raised $14 million in an initial public offering (IPO) on Friday, August 12th 2016. The company issued 1,500,000 shares at a price of $9.00-$10.00 per share. Northland Capital Markets and Wunderlich acted as the underwriters for the IPO.

Who are Airgain's major shareholders?

Airgain's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Blair William & Co. IL (8.18%), Ameriprise Financial Inc. (5.86%), First Eagle Investment Management LLC (4.22%), Assenagon Asset Management S.A. (0.21%), Perritt Capital Management Inc. (0.08%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ali Sadri, Arthur M Toscanini, Jacob Suen , James K Sims, James K Sims , Kevin Thill , Morad Sbahi and T J Chung. View institutional ownership trends .

How do I buy shares of Airgain?

Shares of AIRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Airgain have any subsidiaries?

The following companies are subsidiares of Airgain: Antenna Plus, NimbeLink, and Skycross. Read More

Airgain Stock Price, News & Analysis (NASDAQ:AIRG)

$3.34

+0.34 (+11.33%)

(As of 12/8/2023 ET)

Compare

Today's Range: $3.05
▼
$3.40
50-Day Range: $1.68
▼
$3.72
52-Week Range: $1.63
▼
$8.50

Volume: 33,222 shs
Average Volume: 92,365 shs
Market Capitalization: $34.87 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.50

Airgain MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 94.6% Upside
$6.50 Price Target
Short Interest: Healthy
1.31% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$24,400 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.69) to ($0.44) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Computer And Technology Sector

215th out of 586 stocks

Radio & T.V. Communications Equipment Industry

8th out of 20 stocks

3.3

Analyst's Opinion

Consensus Rating
Airgain has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.50, Airgain has a forecasted upside of 94.6% from its current price of $3.34.
Amount of Analyst Coverage
Airgain has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.31% of the float of Airgain has been sold short.
Short Interest Ratio / Days to Cover
Airgain has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Airgain has recently increased by 16.87%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Airgain does not currently pay a dividend.
Dividend Growth
Airgain does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AIRG.

1.9

News and Social Media Coverage

News Sentiment
Airgain has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Airgain this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Airgain to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Airgain insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,400.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
15.30% of the stock of Airgain is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.15% of the stock of Airgain is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Airgain are expected to grow in the coming year, from ($0.69) to ($0.44) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Airgain is -3.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Airgain is -3.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Airgain has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Airgain Stock (NASDAQ:AIRG)

Airgain, Inc. provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; SmartMax embedded antennas; and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.

AIRG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AIRG Stock News Headlines

December 4, 2023 | americanbankingnews.com

Airgain (NASDAQ:AIRG) Coverage Initiated by Analysts at StockNews.com

December 1, 2023 | americanbankingnews.com

Airgain, Inc. (NASDAQ:AIRG) Short Interest Update

December 9, 2023 | DTI Trader (Ad)

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November 16, 2023 | finance.yahoo.com

Airgain Expands Distribution into Australasia with Logic Wireless Partnership

November 14, 2023 | finance.yahoo.com

Airgain Secures Tier 1 MNO Indoor FWA Antenna Design Win

November 12, 2023 | finance.yahoo.com

Need To Know: Analysts Just Made A Substantial Cut To Their Airgain, Inc. (NASDAQ:AIRG) Estimates

November 11, 2023 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Airgain (AIRG)

November 10, 2023 | barrons.com

Airgain(R) Reports Third Quarter 2023 Financial Results

December 9, 2023 | Autonomix (Ad)

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November 10, 2023 | finance.yahoo.com

Airgain® Reports Third Quarter 2023 Financial Results

November 10, 2023 | marketwatch.com

Airgain Drops to 52-Week Low After Reporting Lower 3Q Sales

November 10, 2023 | finance.yahoo.com

Airgain, Inc. (NASDAQ:AIRG) Q3 2023 Earnings Call Transcript

November 9, 2023 | msn.com

Airgain Non-GAAP EPS of -$0.06 misses by $0.04, revenue of $13.7M misses by $0.33M

November 8, 2023 | sg.finance.yahoo.com

Airgain, Inc. (AIRG) stock price, news, quote & history – Yahoo Finance

November 1, 2023 | msn.com

Airgain partners with Lotier International

November 1, 2023 | finance.yahoo.com

Airgain Expands into Latin American Market with Lotier Partnership

October 26, 2023 | finance.yahoo.com

Airgain Sets Third Quarter 2023 Call for Thursday, November 9, 2023 at 5:00 p.m. ET

October 16, 2023 | finance.yahoo.com

Airgain Adds a Global Wireless Connectivity Veteran As Vice President of Engineering

September 26, 2023 | tmcnet.com

Airgain Announces New High-Gain Lumos™? 5G Fixed Wireless Access Antenna

September 26, 2023 | tmcnet.com

ADDING MULTIMEDIA Airgain Announces New High-Gain Lumos™? 5G Fixed Wireless Access Antenna

September 26, 2023 | finance.yahoo.com

Airgain Announces New High-Gain Lumos™️ 5G Fixed Wireless Access Antenna

August 31, 2023 | finance.yahoo.com

Airgain Sets September Financial Conference Schedule

August 20, 2023 | finance.yahoo.com

Insider Spends US$84k Buying More Shares In Airgain

August 15, 2023 | finance.yahoo.com

Downgrade: Here's How Analysts See Airgain, Inc. (NASDAQ:AIRG) Performing In The Near Term

August 13, 2023 | finance.yahoo.com

Airgain, Inc. (NASDAQ:AIRG) Q2 2023 Earnings Call Transcript

August 11, 2023 | finance.yahoo.com

Q2 2023 Airgain Inc Earnings Call

August 11, 2023 | finanznachrichten.de

Airgain Reports Second Quarter 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:AIRG
CUSIP: N/A
CIK: 1272842
Web: www.airgain.com
Phone: (760) 579-0200
Fax: 760-579-0892
Employees: 141
Year Founded: 1995

Price Target and Rating

Average Stock Price Target: $6.50
High Stock Price Target: $8.00
Low Stock Price Target: $5.50
Potential Upside/Downside: +94.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.98)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-8,660,000.00
Net Margins: -15.43%
Pretax Margin: -15.38%
Return on Equity: -17.59%
Return on Assets: -13.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.34
Quick Ratio: 1.92

Sales & Book Value

Annual Sales: $75.89 million
Price / Sales: 0.46
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.90 per share
Price / Book: 0.86

Miscellaneous

Outstanding Shares: 10,440,000
Free Float: 8,846,000
Market Cap: $34.87 million
Optionable: Optionable
Beta: 0.82

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Key Executives

Mr. Jacob Suen (Age 49)
President, CEO, Chief Revenue Officer & Director
Comp: $712.36k
Mr. Michael Elbaz (Age 58)
CFO, Secretary and Principal Financial & Accounting Officer
Comp: $285.64k
Mr. Victor Blair
Vice President of Operations
Dr. Ali S. Sadri Ph.D. (Age 59)
Chief Technology Officer
Ms. Alexis C. Waadt
Director of Investor Relations
Mr. Leonard Johnson (Age 68)
Advisor
Comp: $425k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AIRG Stock Analysis - Frequently Asked Questions

Should I buy or sell Airgain stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AIRG shares.
View AIRG analyst ratings or view top-rated stocks.
What is Airgain's stock price target for 2024?: 2 analysts have issued 12 month price objectives for Airgain's stock. Their AIRG share price targets range from $5.50 to $8.00. On average, they anticipate the company's share price to reach $6.50 in the next year. This suggests a possible upside of 94.6% from the stock's current price.
View analysts price targets for AIRG or view top-rated stocks among Wall Street analysts.
How have AIRG shares performed in 2023?: Airgain's stock was trading at $6.51 at the beginning of 2023. Since then, AIRG shares have decreased by 48.7% and is now trading at $3.34.
View the best growth stocks for 2023 here.
Are investors shorting Airgain?: Airgain saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 126,100 shares, an increase of 16.9% from the October 31st total of 107,900 shares. Based on an average daily volume of 33,400 shares, the short-interest ratio is presently 3.8 days. Currently, 1.3% of the shares of the company are sold short.
View Airgain's Short Interest.
When is Airgain's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our AIRG earnings forecast.
How were Airgain's earnings last quarter?: Airgain, Inc. (NASDAQ:AIRG) issued its earnings results on Thursday, November, 9th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). The technology company earned $13.70 million during the quarter, compared to analyst estimates of $14.03 million. Airgain had a negative trailing twelve-month return on equity of 17.59% and a negative net margin of 15.43%.

What other stocks do shareholders of Airgain own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Airgain investors own include Clovis Oncology (CLVS), NVIDIA (NVDA), Twilio (TWLO), Boeing (BA), Himax Technologies (HIMX), Block (SQ), Liquidity Services (LQDT), PayPal (PYPL), Horizon Therapeutics Public (HZNP) and Marvell Technology (MRVL).
When did Airgain IPO?: (AIRG) raised $14 million in an initial public offering (IPO) on Friday, August 12th 2016. The company issued 1,500,000 shares at a price of $9.00-$10.00 per share. Northland Capital Markets and Wunderlich acted as the underwriters for the IPO.
Who are Airgain's major shareholders?: Airgain's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Blair William & Co. IL (8.18%), Ameriprise Financial Inc. (5.86%), First Eagle Investment Management LLC (4.22%), Assenagon Asset Management S.A. (0.21%), Perritt Capital Management Inc. (0.08%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ali Sadri, Arthur M Toscanini, Jacob Suen, James K Sims, James K Sims, Kevin Thill, Morad Sbahi and T J Chung.
View institutional ownership trends.
How do I buy shares of Airgain?: Shares of AIRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Airgain have any subsidiaries?: The following companies are subsidiares of Airgain: Antenna Plus, NimbeLink, and Skycross.
Read More

This page (NASDAQ:AIRG) was last updated on 12/9/2023 by MarketBeat.com Staff

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