NASDAQ:AIRGAirgain Stock Price, Forecast & News

Airgain's stock was trading at $7.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AIRG shares have increased by 49.2% and is now trading at $10.77. 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) released its earnings results on Thursday, May, 7th. The technology company reported ($0.12) EPS for the quarter, missing the Zacks' consensus estimate of ($0.10) by $0.02. The technology company had revenue of $11.22 million for the quarter, compared to the consensus estimate of $11 million. Airgain had a negative return on equity of 1.29% and a negative net margin of 1.18%. 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 EPS 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 1-year price targets for Airgain's shares. Their forecasts range from $9.00 to $11.00. On average, they anticipate Airgain's share price to reach $10.00 in the next year. This suggests that the stock has a possible downside of 7.1%. View analysts' price targets for Airgain.

News stories about AIRG stock have trended negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive 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 five, with scores nearest to five being the most favorable. Airgain earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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 presently 6.7 days. Currently, 5.2% of the company's shares are short sold. 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), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), CalAmp (CAMP), Cambium Networks (CMBM), Ceragon Networks (CRNT), KVH Industries (KVHI), PC Tel (PCTI), Energous (WATT), SGOCO Group (SGOC), Aviat Networks (AVNW), Vuzix (VUZI) 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 IPO on Friday, August 12th 2016. The company issued 1,500,000 shares at $9.00-$10.00 per share. Northland Capital Markets and Wunderlich acted as the underwriters for the IPO.

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

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 $10.77.

Airgain has a market capitalization of $104.44 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]