NASDAQ:INAP - Internap Stock Price, Forecast & News

Internap trades on the NASDAQ under the ticker symbol "INAP."

Internap's stock reverse split on Monday, November 20th 2017. The 1-4 reverse split was announced on Thursday, November 2nd 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, November 17th 2017. An investor that had 100 shares of Internap stock prior to the reverse split would have 25 shares after the split.

Internap Corp (NASDAQ:INAP) released its quarterly earnings results on Tuesday, November, 12th. The information technology services provider reported ($1.01) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.66) by $0.35. The information technology services provider had revenue of $72.88 million for the quarter, compared to analyst estimates of $73.66 million. View Internap's Earnings History.

Internap is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Internap.

Internap updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$290-294 million, compared to the consensus revenue estimate of $$293.84 million.

5 brokerages have issued twelve-month price objectives for Internap's shares. Their forecasts range from $6.00 to $10.00. On average, they expect Internap's stock price to reach $8.40 in the next year. This suggests a possible upside of 688.7% from the stock's current price. View Analyst Price Targets for Internap.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Internap.

Media stories about INAP stock have been trending very negative on Thursday, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news 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. Internap earned a coverage optimism score of -3.1 on InfoTrie's scale. They also assigned media stories about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Internap.

Internap saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 3,180,000 shares, a drop of 6.5% from the November 14th total of 3,400,000 shares. Based on an average trading volume of 233,000 shares, the days-to-cover ratio is presently 13.6 days. Currently, 12.9% of the shares of the stock are sold short. View Internap's Current Options Chain.

Some companies that are related to Internap include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), Envestnet (ENV), LogMeIn (LOGM), Cimpress (CMPR), Cornerstone OnDemand (CSOD) and LivePerson (LPSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Internap investors own include NIO (NIO), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Akamai Technologies (AKAM), Sirius XM (SIRI), General Electric (GE), Adaptimmune Therapeutics (ADAP), Opko Health (OPK) and Ford Motor (F).

Internap's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (11.55%), Gabelli Funds LLC (9.98%), Teton Advisors Inc. (2.07%), Millennium Management LLC (0.43%), Pacer Advisors Inc. (0.37%) and Squarepoint Ops LLC (0.11%). Company insiders that own Internap stock include Debora J Wilson, Gamco Investors, Inc Et Al, Gary M Pfeiffer, Peter D Aquino, Peter J Rogers Jr, Richard Ramlall and Robert Dennerlein. View Institutional Ownership Trends for Internap.

INAP stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Gabelli Funds LLC, Teton Advisors Inc. and Squarepoint Ops LLC. View Insider Buying and Selling for Internap.

INAP stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC and Pacer Advisors Inc.. Company insiders that have bought Internap stock in the last two years include Debora J Wilson, Gary M Pfeiffer, Peter D Aquino, Peter J Rogers Jr, Richard Ramlall and Robert Dennerlein. View Insider Buying and Selling for Internap.

Shares of INAP 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 INAP stock can currently be purchased for approximately $1.07.

Internap has a market capitalization of $28.35 million and generates $317.37 million in revenue each year. The information technology services provider earns $-62,500,000.00 in net income (profit) each year or ($3.01) on an earnings per share basis. Internap employs 640 workers across the globe.View Additional Information About Internap.

The official website for Internap is http://www.internap.com/.

Internap's mailing address is 12120 SUNSET HILLS ROAD SUITE 330, RESTON VA, 20190. The information technology services provider can be reached via phone at 404-302-9700 or via email at [email protected]