NASDAQ:INAP - Internap Stock Price, Forecast & News

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

Internap shares reverse split on the morning of 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) announced its quarterly earnings data on Tuesday, November, 12th. The information technology services provider reported ($1.01) EPS 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 is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Internap.

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

4 brokers have issued twelve-month price objectives for Internap's stock. Their forecasts range from $6.00 to $10.00. On average, they expect Internap's share price to reach $8.00 in the next year. This suggests a possible upside of 766.6% from the stock's current price. View Analyst Price Targets for Internap.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Internap.

Media coverage about INAP stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Internap earned a news impact score of -1.9 on InfoTrie's scale. They also assigned press coverage 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 effect on the stock's share price in the immediate future. View News Stories for Internap.

Internap saw a drop in short interest in January. As of January 31st, there was short interest totalling 2,490,000 shares, a drop of 10.4% from the January 15th total of 2,780,000 shares. Based on an average daily trading volume, of 351,000 shares, the days-to-cover ratio is currently 7.1 days. Currently, 10.1% of the shares of the stock are short sold. View Internap's Current Options Chain.

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

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), Sirius XM (SIRI), Corbus Pharmaceuticals (CRBP), Inovio Pharmaceuticals (INO) and Opko Health (OPK).

Internap's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Gabelli Funds LLC (10.07%), Pinnacle Associates Ltd. (0.46%), Jane Street Group LLC (0.30%) and Raymond James & Associates (0.18%). 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 Raymond James & Associates and Pinnacle Associates Ltd.. View Insider Buying and Selling for Internap.

INAP stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC and Gabelli Funds LLC. 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 $0.92.

Internap has a market capitalization of $24.58 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]