NASDAQ:INAP - Internap Stock Price, Forecast & News

Internap's stock was trading at $0.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, INAP stock has decreased by 79.8% and is now trading at $0.0850. View which stocks have been mosted impacted by Coronavirus.

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

Internap is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Internap.

Internap Corp (NASDAQ:INAP) announced its quarterly earnings data on Tuesday, November, 12th. The information technology services provider reported ($1.01) earnings per share for the quarter, missing the Thomson Reuters' 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 shares reverse split before market open 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 market closes 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.

3 Wall Street analysts have issued twelve-month price targets for Internap's stock. Their forecasts range from $6.00 to $10.00. On average, they expect Internap's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 9,311.8% from the stock's current price. View analysts' price targets for Internap.

Media headlines about INAP stock have trended very negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Internap earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave press coverage about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutInternap.

Internap saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,324,900 shares, a decrease of 12.6% from the February 27th total of 2,660,000 shares. Based on an average trading volume of 453,200 shares, the short-interest ratio is currently 5.1 days. Approximately 9.4% of the company's stock are short sold. View Internap's Current Options Chain.

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

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

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

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 $0.09.

Internap has a market capitalization of $2.26 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]