NASDAQ:AIRGAirgain Stock Price, Forecast & News

Airgain's stock was trading at $7.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AIRG shares have increased by 42.8% and is now trading at $10.31. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Airgain.

Airgain is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Airgain.

Airgain Inc (NASDAQ:AIRG) posted its quarterly earnings data on Thursday, May, 7th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.02. The technology company earned $11.22 million during the quarter, compared to analyst estimates of $11 million. Airgain had a negative net margin of 1.18% and a negative return on equity of 1.29%. View Airgain's earnings history.

Airgain updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $10.5-12 million, compared to the consensus revenue estimate of $12.11 million.

3 brokers have issued 12-month price objectives for Airgain's stock. Their forecasts range from $9.00 to $11.00. On average, they expect Airgain's share price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. View analysts' price targets for Airgain.

News articles about AIRG stock have been trending very negative on Monday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Airgain earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Airgain.

Airgain saw a increase in short interest in June. As of June 30th, there was short interest totaling 478,400 shares, an increase of 9.3% from the June 15th total of 437,500 shares. Based on an average daily volume of 71,200 shares, the days-to-cover ratio is currently 6.7 days. Currently, 5.2% of the shares of the company are sold short. View Airgain's Current Options Chain.

Some companies that are related to Airgain include Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Casa Systems (CASA), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Cambium Networks (CMBM), CalAmp (CAMP), Ceragon Networks (CRNT), KVH Industries (KVHI), Energous (WATT), Vuzix (VUZI), PC Tel (PCTI), Aviat Networks (AVNW), SGOCO Group (SGOC) and Digital Ally (DGLY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Airgain investors own include Clovis Oncology (CLVS), NVIDIA (NVDA), Himax Technologies (HIMX), Ring Energy (REI), Ring Energy (REI), Twilio (TWLO), AK Steel (AKS), Del Taco Restaurants (TACO), Adobe (ADBE) and Antares Pharma (ATRS).

(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 served as the underwriters for the IPO.

Airgain trades on the NASDAQ under the ticker symbol "AIRG."

Airgain's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.27%). Company insiders that own Airgain stock include Anil Doradla, Arthur M Toscanini, David Lyle, Gen3 Capital Partners, Llc, Jacob Suen and James K Sims. View institutional ownership trends for Airgain.

AIRG stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View insider buying and selling activity for Airgain.

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

One share of AIRG stock can currently be purchased for approximately $10.31.

Airgain has a market capitalization of $100.01 million and generates $55.74 million in revenue each year. The technology company earns $930,000.00 in net income (profit) each year or $0.09 on an earnings per share basis. Airgain employs 118 workers across the globe.

The official website for Airgain is www.airgain.com.

Airgain's mailing address is 3611 VALLEY CENTRE DRIVE SUITE 150, SAN DIEGO CA, 92130. The technology company can be reached via phone at 760-579-0200 or via email at [email protected]