NASDAQ:INAP - Internap Stock Price, Forecast & News

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

Shares of Internap 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 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.

Internap Corp (NASDAQ:INAP) issued its quarterly earnings data on Tuesday, November, 12th. The information technology services provider reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.66) by $0.35. The information technology services provider earned $72.88 million during the quarter, compared to the consensus estimate 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 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 1-year target prices for Internap's shares. Their forecasts range from $6.00 to $10.00. On average, they expect Internap's stock price to reach $8.00 in the next year. This suggests a possible upside of 620.7% 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 stories about INAP stock have trended positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Internap earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave media stories about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Internap.

Internap saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,780,000 shares, a drop of 5.1% from the December 15th total of 2,930,000 shares. Based on an average daily volume of 275,300 shares, the short-interest ratio is presently 10.1 days. Currently, 11.3% of the company's 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), LogMeIn (LOGM), Envestnet (ENV), Cornerstone OnDemand (CSOD), Cimpress (CMPR) and LivePerson (LPSN).

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

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 $1.11.

Internap has a market capitalization of $29.55 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]