Airgain - AIRG Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Airgain in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AIRG shares.
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3 analysts have issued 1-year price targets for Airgain's stock. Their AIRG share price forecasts range from $9.00 to $13.00. On average, they predict the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 53.0% from the stock's current price.
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Airgain's stock was trading at $10.63 at the beginning of the year. Since then, AIRG shares have decreased by 32.4% and is now trading at $7.19.
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Airgain saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 154,100 shares, an increase of 21.9% from the October 31st total of 126,400 shares. Based on an average trading volume of 25,300 shares, the days-to-cover ratio is currently 6.1 days. Approximately 1.6% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
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Airgain, Inc. (NASDAQ:AIRG) announced its earnings results on Tuesday, November, 9th. The technology company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.06. The technology company had revenue of $15.46 million for the quarter, compared to the consensus estimate of $15.85 million. Airgain had a negative net margin of 14.38% and a negative trailing twelve-month return on equity of 14.35%. During the same quarter last year, the firm posted ($0.03) earnings per share.

Airgain issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $0.05-$0.05 for the period, compared to the consensus estimate of $0.05. The company issued revenue guidance of $19.70 million-$21.10 million, compared to the consensus revenue estimate of $20.42 million.

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).

(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 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 shareholders include Blair William & Co. IL (7.81%), Renaissance Technologies LLC (4.18%), Dimensional Fund Advisors LP (2.10%), Essex Investment Management Co. LLC (0.51%), Assenagon Asset Management S.A. (0.44%) and Jane Street Group LLC (0.42%). Insiders that own company stock include Arthur M Toscanini, David Lyle, Jacob Suen, James K Sims, James K Sims, Kevin Thill and Morad Sbahi.
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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.
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One share of AIRG stock can currently be purchased for approximately $7.19.

Airgain (NASDAQ:AIRG) has a market capitalization of $73.34 million and generates $64.27 million in revenue each year. The technology company earns $-10,090,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis.

The company employs 145 workers across the globe.

Airgain's mailing address is 3611 VALLEY CENTRE DRIVE SUITE 150, SAN DIEGO CA, 92130. The official website for the company is www.airgain.com. The technology company can be reached via phone at (760) 579-0200, via email at investor.relations@airgain.com, or via fax at 760-579-0892.