NASDAQ:AIRGAirgain Stock Price, Forecast & News

Airgain's stock was trading at $7.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AIRG shares have increased by 12.3% and is now trading at $8.11. 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) issued its quarterly earnings results on Thursday, May, 7th. The technology company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters' 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 issued an update on 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 Wall Street analysts have issued twelve-month target prices 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 year. This suggests a possible upside of 23.3% from the stock's current price. View analysts' price targets for Airgain.

Media headlines about AIRG stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Airgain earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutAirgain.

Airgain saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 421,400 shares, an increase of 16.2% from the April 30th total of 362,600 shares. Based on an average daily volume of 59,500 shares, the days-to-cover ratio is presently 7.1 days. Approximately 4.6% of the shares of the stock are sold short. View Airgain's Current Options Chain.

Some companies that are related to Airgain include Sierra Wireless (SWIR), CalAmp (CAMP), Ceragon Networks (CRNT), KVH Industries (KVHI), PC Tel (PCTI), Cambium Networks (CMBM), Vuzix (VUZI), Aviat Networks (AVNW), SGOCO Group (SGOC), Energous (WATT), SeaChange International (SEAC), Sonic Foundry (SOFO), ParkerVision (PRKR), Digital Ally (DGLY) and Superconductor Technologies (SCON). 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 a number of institutional and retail investors. Top institutional investors include Blair William & Co. IL (6.69%), BlackRock Inc. (6.31%), Taylor Frigon Capital Management LLC (3.05%), Taylor Frigon Capital Management LLC (2.56%), Rice Hall James & Associates LLC (1.32%) and Geode Capital Management LLC (1.27%). 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 Morgan Stanley, UBS Group AG, BlackRock Inc., WINTON GROUP Ltd, Deutsche Bank AG, Rice Hall James & Associates LLC, Wedge Capital Management L L P NC, and Perkins Capital Management Inc.. View insider buying and selling activity for Airgain.

AIRG stock was acquired by a variety of institutional investors in the last quarter, including Taylor Frigon Capital Management LLC, Private Advisors LLC, GWM Advisors LLC, Taylor Frigon Capital Management LLC, JPMorgan Chase & Co., Two Sigma Investments LP, Two Sigma Advisers LP, and Blair William & Co. IL. Company insiders that have bought Airgain stock in the last two years include Anil Doradla, David Lyle, and James K Sims. 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 $8.11.

Airgain has a market capitalization of $78.64 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]